Keurig Dr Pepper (KDP) has been making several significant moves, with multiple investments, closures, and strategic shifts. One key move was the closing of facilities in
Windsor, Virginia, and
Williston, Vermont, as part of consolidation efforts and operational optimization.
Twin Tree Management, Swiss National Bank, and
Sei Investments among others have beefed up their investments in the beverage giant, indicating strong institutional interest in KDP. The firm aims to boost its national direct-store-delivery network, acquiring strategic assets from
Kalil Bottling Company. It also sold up to
100 million shares of common stock to JAB and repurchased
35 million shares. Despite a hefty
28% gain over the last five years for investors, KDP's share price was cut to
$37.00 by
Barclays and given a '
Moderate Buy' consensus rating by brokerages. As for their earning power, a rise in earnings is expected next week, with strategic initiatives and partnerships likely playing an uplift role. Interestingly, KDP also declared a quarterly dividend and entered a partnership with the
Red Cross to generate positive social impact.
Keurig Dr Pepper KDP News Analytics from Thu, 26 Oct 2023 07:00:00 GMT to Sun, 21 Jul 2024 14:38:28 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -4
