Meeder Advisory Services raised its stake in Keurig Dr Pepper by 37.9% Q2, and the company reported a 3.5% rise in revenue to $3.92bn.

Meeder Advisory Services increased its stake in Keurig Dr Pepper Inc. by 37.9% in Q2, joining other hedge funds in boosting their holdings. Keurig reported a 3.5% rise in quarterly revenue to $3.92 billion and maintained earnings of $0.45 per share. The company declared a dividend of $0.23. Analysts rate the stock as a "Moderate Buy" with a consensus target of $36.50. Keurig's market cap stands at $51 billion, with a P/E ratio of 24.26.

September 15, 2024
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