Clifford Capital Partners LLC Increases Position in Keurig Dr Pepper, Inc $KDP

Clifford Capital Partners LLC increased its position in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP) by 21.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 808,361 shares of the company’s stock after purchasing an additional 141,198 shares during the period. Keurig Dr Pepper accounts for 3.6% of Clifford Capital Partners LLC’s portfolio, making the stock its 12th largest holding. Clifford Capital Partners LLC owned 0.06% of Keurig Dr Pepper worth $20,621,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. AlphaCore Capital LLC purchased a new stake in Keurig Dr Pepper in the 2nd quarter worth $26,000. Root Financial Partners LLC bought a new position in shares of Keurig Dr Pepper in the third quarter worth about $26,000. Clearstead Trust LLC boosted its stake in shares of Keurig Dr Pepper by 98.3% in the third quarter. Clearstead Trust LLC now owns 1,081 shares of the company’s stock worth $28,000 after acquiring an additional 536 shares during the period. Mather Group LLC. purchased a new stake in shares of Keurig Dr Pepper during the third quarter worth about $30,000. Finally, SBI Securities Co. Ltd. raised its stake in Keurig Dr Pepper by 71.7% during the 3rd quarter. SBI Securities Co. Ltd. now owns 1,159 shares of the company’s stock valued at $30,000 after purchasing an additional 484 shares during the period. Hedge funds and other institutional investors own 93.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on KDP shares. Weiss Ratings restated a “hold (c-)” rating on shares of Keurig Dr Pepper in a research note on Wednesday, January 28th. UBS Group reissued a “buy” rating and issued a $36.00 target price on shares of Keurig Dr Pepper in a report on Thursday, February 26th. Piper Sandler upped their target price on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the stock an “overweight” rating in a research report on Monday, December 15th. Wells Fargo & Company raised their target price on shares of Keurig Dr Pepper from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Finally, Barclays lifted their price target on shares of Keurig Dr Pepper from $30.00 to $32.00 and gave the company an “equal weight” rating in a report on Thursday, February 26th. Ten investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $35.40.

Keurig Dr Pepper Trading Up 1.8%

Shares of KDP stock opened at $27.41 on Friday. Keurig Dr Pepper, Inc has a 1 year low of $25.03 and a 1 year high of $36.12. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.64 and a quick ratio of 0.43. The stock’s 50 day simple moving average is $28.38 and its two-hundred day simple moving average is $27.80. The company has a market cap of $37.24 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 1.42 and a beta of 0.33.

Keurig Dr Pepper (NASDAQ:KDP) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.01. The business had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.35 billion. Keurig Dr Pepper had a return on equity of 11.14% and a net margin of 12.52%.The company’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the company earned $0.58 EPS. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. Research analysts predict that Keurig Dr Pepper, Inc will post 1.92 earnings per share for the current year.

Keurig Dr Pepper Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Shareholders of record on Friday, March 27th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, March 27th. Keurig Dr Pepper’s payout ratio is presently 60.13%.

Keurig Dr Pepper Company Profile

Keurig Dr Pepper (NASDAQ: KDP) is a North American beverage company formed in July 2018 through the combination of Keurig Green Mountain and Dr Pepper Snapple Group. The company designs, manufactures, markets and distributes a wide range of hot and cold beverages and related equipment, combining Keurig’s single‑serve coffee systems with a large portfolio of carbonated and noncarbonated drink brands. It operates a network of manufacturing, packaging and distribution facilities to supply retail, foodservice and e-commerce channels across its served markets.

The company’s product mix includes single‑serve coffee brewers and coffee pods under the Keurig brand as well as a broad assortment of branded beverages.