Keurig Dr Pepper (NASDAQ:KDP) Hits New 1-Year High After Analyst Upgrade

Keurig Dr Pepper, Inc (NASDAQ:KDP) shares hit a new 52-week high during trading on Thursday after UBS Group raised their price target on the stock from $39.00 to $42.00. UBS Group currently has a buy rating on the stock. Keurig Dr Pepper traded as high as $37.32 and last traded at $37.4860, with a volume of 657,434 shares traded. The stock had previously closed at $36.79.

A number of other equities research analysts have also recently issued reports on KDP. TD Cowen raised their target price on Keurig Dr Pepper from $33.00 to $35.00 and gave the company a “hold” rating in a research note on Wednesday. Sanford C. Bernstein set a $39.00 price target on shares of Keurig Dr Pepper in a research report on Wednesday, July 8th. JPMorgan Chase & Co. upped their price target on shares of Keurig Dr Pepper from $39.00 to $41.00 and gave the stock an “overweight” rating in a research report on Wednesday. Barclays increased their price objective on shares of Keurig Dr Pepper from $36.00 to $38.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Finally, Bank of America lifted their price objective on shares of Keurig Dr Pepper from $35.00 to $38.00 in a research report on Friday, July 10th. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.12.

Insider Transactions at Keurig Dr Pepper

In related news, VP Angela Stephens sold 9,500 shares of the stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $32.70, for a total value of $310,650.00. Following the completion of the transaction, the vice president directly owned 55,786 shares of the company’s stock, valued at $1,824,202.20. This represents a 14.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Aaron Alt bought 7,862 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was acquired at an average price of $31.83 per share, for a total transaction of $250,247.46. Following the completion of the transaction, the director owned 7,862 shares in the company, valued at $250,247.46. This trade represents a ? increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.34% of the company’s stock.

Keurig Dr Pepper News Summary

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

• Positive Sentiment: Energy drinks are a growth bright spot: the category’s market share topped 10% following recent brand acquisitions. Third-quarter earnings per share of $0.66 also exceeded the $0.62 consensus estimate, while reported sales benefited from the JDE Peet’s acquisition. Keurig Dr Pepper: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Several analysts raised their price targets, including UBS to $42 with a Buy rating, JPMorgan to $41 with an Overweight rating, and Morgan Stanley to $40 with an Overweight rating. Piper Sandler also lifted its target to $41. The upgrades signal continued confidence in KDP’s prospects. UBS Group recommendations Piper Sandler raises price target
• Neutral Sentiment: KDP maintained its full-year outlook, forecasting 2026 net sales of $25.9 billion to $26.4 billion, and is preparing to separate its coffee and beverage businesses in early 2027. The split could make the businesses’ differing growth and valuation profiles clearer, but its eventual impact remains uncertain. 2026 sales outlook and planned separation
• Negative Sentiment: Coffee demand remains a headwind: shoppers are trading down, and the company warned of slower U.S. coffee profits in the fourth quarter. This weakness may temper the positive impact of beverage growth; TD Cowen’s $35 target and Hold rating also show that analysts are not uniformly bullish. Keurig Dr Pepper flags slower fourth-quarter coffee profits TD Cowen recommendations

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Community Bank N.A. acquired a new stake in Keurig Dr Pepper in the second quarter worth about $29,000. Meeder Asset Management Inc. grew its position in Keurig Dr Pepper by 358.0% in the 1st quarter. Meeder Asset Management Inc. now owns 971 shares of the company’s stock valued at $26,000 after buying an additional 759 shares in the last quarter. Covestor Ltd increased its stake in Keurig Dr Pepper by 214.2% during the 3rd quarter. Covestor Ltd now owns 1,194 shares of the company’s stock valued at $36,000 after buying an additional 814 shares during the period. Fortitude Family Office LLC increased its stake in Keurig Dr Pepper by 216.2% during the 3rd quarter. Fortitude Family Office LLC now owns 1,565 shares of the company’s stock valued at $47,000 after buying an additional 1,070 shares during the period. Finally, Root Financial Partners LLC acquired a new position in Keurig Dr Pepper during the 3rd quarter valued at about $54,000. Institutional investors own 93.99% of the company’s stock.

Keurig Dr Pepper Price Performance

The company has a market capitalization of $50.90 billion, a P/E ratio of 34.34, a P/E/G ratio of 1.65 and a beta of 0.35. The business’s 50-day simple moving average is $32.68 and its 200 day simple moving average is $30.11. The company has a current ratio of 0.52, a quick ratio of 0.28 and a debt-to-equity ratio of 0.73.

Keurig Dr Pepper (NASDAQ:KDP) last issued its quarterly earnings results on Tuesday, November 3rd. The company reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.04. Keurig Dr Pepper had a net margin of 7.12% and a return on equity of 11.27%. The company had revenue of $7.34 billion during the quarter, compared to analyst estimates of $7.33 billion. During the same period in the prior year, the business posted $0.54 EPS. The business’s revenue for the quarter was up 70.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Keurig Dr Pepper, Inc will post 2.30 EPS for the current year.

Keurig Dr Pepper Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Monday, September 28th were given a dividend of $0.23 per share. The ex-dividend date was Monday, September 28th. This represents a $0.92 annualized dividend and a dividend yield of 2.5%. Keurig Dr Pepper’s dividend payout ratio (DPR) is 92.93%.

About Keurig Dr Pepper

Keurig Dr Pepper Inc (NASDAQ: KDP) is a beverage company that operates across coffee and packaged beverages. Its portfolio includes soft drinks, flavored waters, juices, juice drinks, ready-to-drink teas and coffees, sports and energy beverages, and mixers, as well as single-serve coffee brewing systems and pods.

The company’s brands include Keurig, Green Mountain Coffee Roasters, The Original Donut Shop, Dr Pepper, Canada Dry, Snapple, 7UP, A&W, Mott’s, Bai, CORE Hydration and Venom, among others.