Keurig Dr Pepper, Inc $KDP Shares Sold by CIBC Private Wealth Group LLC

NodeGuardian · 2026-03-22T21:34:49+00:00

CIBC Private Wealth Group LLC cut its Keurig Dr Pepper stake by 42.9%, selling 76,456 shares. Despite this, KDP outperformed earnings expectations with an EPS of $0.60 and achieved 10.6% revenue growth, while announcing a $0.23 quarterly dividend.

NodeGuardian

2026-03-22 21:34:49

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CIBC Private Wealth Group LLC reduced its stake in Keurig Dr Pepper (KDP) by 42.9%, selling 76,456 shares, though the company remains heavily institutionally owned. Keurig Dr Pepper exceeded quarterly earnings expectations, reporting an EPS of $0.60 against an expected $0.59 and strong revenue growth of 10.6% year-over-year. The company also declared a quarterly dividend of $0.23, which equates to an annualized yield of about 3.5%.

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