26,400 Shares in Keurig Dr Pepper, Inc $KDP Acquired by iSAM Funds UK Ltd

iSAM Funds UK Ltd acquired a new position in Keurig Dr Pepper, Inc (NASDAQ:KDP) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 26,400 shares of the company’s stock, valued at approximately $864,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Nykredit A S acquired a new position in shares of Keurig Dr Pepper in the 2nd quarter worth approximately $8,867,000. B. Metzler seel. Sohn & Co. AG increased its position in shares of Keurig Dr Pepper by 205.7% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 335,318 shares of the company’s stock worth $10,975,000 after buying an additional 225,613 shares during the period. Lone Peak Global Investors LLC increased its position in shares of Keurig Dr Pepper by 6.2% during the second quarter. Lone Peak Global Investors LLC now owns 1,098,204 shares of the company’s stock worth $35,944,000 after buying an additional 63,646 shares during the period. Teza Capital Management LLC bought a new position in Keurig Dr Pepper during the second quarter worth $241,000. Finally, Susquehanna Fundamental Investments LLC acquired a new position in Keurig Dr Pepper in the second quarter valued at $5,099,000. 93.99% of the stock is currently owned by institutional investors.

Keurig Dr Pepper Trading Up 2.2%

KDP opened at $32.59 on Thursday. Keurig Dr Pepper, Inc has a 1-year low of $24.88 and a 1-year high of $33.82. The company has a current ratio of 0.48, a quick ratio of 0.28 and a debt-to-equity ratio of 0.74. The company has a market cap of $44.35 billion, a P/E ratio of 32.92, a price-to-earnings-growth ratio of 1.51 and a beta of 0.40. The company has a fifty day moving average price of $31.30 and a two-hundred day moving average price of $29.56.

Keurig Dr Pepper (NASDAQ:KDP) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.03. The company had revenue of $7.31 billion for the quarter, compared to analysts’ expectations of $7.23 billion. Keurig Dr Pepper had a net margin of 7.10% and a return on equity of 10.80%. The business’s revenue was up 75.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 EPS. Analysts predict that Keurig Dr Pepper, Inc will post 2.3 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Aaron E. Alt purchased 7,862 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The shares were acquired at an average cost of $31.83 per share, with a total value of $250,247.46. Following the purchase, the director owned 7,862 shares in the company, valued at $250,247.46. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.34% of the company’s stock.

Key Stories Impacting Keurig Dr Pepper

Here are the key news stories impacting Keurig Dr Pepper this week:

• Positive Sentiment: KDP will sell its minority stake in Chobani and a Pennsylvania manufacturing facility to Chobani for $925 million in pre-tax proceeds. Management said the cash will support deleveraging, which could improve balance-sheet flexibility following the JDE Peet’s acquisition. Reuters article
• Positive Sentiment: The transaction removes a non-core investment and manufacturing asset, helping KDP sharpen its focus on beverages while preserving and expanding its long-term commercial relationship with Chobani. Chobani plans to invest approximately $1.2 billion in a Pennsylvania manufacturing campus, potentially strengthening the partnership and securing future production capacity. KDP press release
• Positive Sentiment: The latest coverage characterizes the Chobani exit as favorable for KDP because it provides immediate liquidity, supports debt reduction and may make the planned business split easier to execute. MSN article
• Neutral Sentiment: Analysts maintain an average “Moderate Buy” recommendation, indicating generally constructive sentiment but not an overwhelming consensus. KDP’s most recent reported quarter also exceeded estimates, with adjusted earnings of $0.57 per share versus $0.54 expected and revenue of $7.31 billion versus $7.23 billion. Analyst recommendation article

Analyst Upgrades and Downgrades

A number of brokerages have commented on KDP. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keurig Dr Pepper in a research report on Friday, August 7th. The Goldman Sachs Group raised Keurig Dr Pepper from a “neutral” rating to a “neutral” rating in a research report on Thursday, June 25th. HSBC raised Keurig Dr Pepper from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a research note on Thursday, August 13th. Citigroup upped their target price on Keurig Dr Pepper from $32.00 to $37.00 and gave the company a “buy” rating in a research report on Tuesday, July 14th. Finally, Morgan Stanley began coverage on Keurig Dr Pepper in a research note on Thursday, August 20th. They set an “overweight” rating and a $38.00 target price for the company. Eleven equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $34.94.

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.