KDP stock icon

Keurig Dr Pepper
KDP

$34.41
1.18%
 

About: Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. US and Canada make up 95% of revenues, with the rest from Mexico.

Employees: 28,100

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 15 analysts
0
News positive %
of 10 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

22% more repeat investments, than reductions

Existing positions increased: 285 | Existing positions reduced: 234

20% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 96

3.53% more ownership

Funds ownership: 64.16% [Q4 2023] → 67.69% (+3.53%) [Q1 2024]

3% more funds holding

Funds holding: 677 [Q4 2023] → 696 (+19) [Q1 2024]

0% more call options, than puts

Call options by funds: $155M | Put options by funds: $154M

4% less capital invested

Capital invested by funds: $29.9B [Q4 2023] → $28.8B (-$1.06B) [Q1 2024]

25% less funds holding in top 10

Funds holding in top 10: 8 [Q4 2023] → 6 (-2) [Q1 2024]

Research analyst outlook

15 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$32
7%
downside
Avg. target
$36
6%
upside
High target
$41
19%
upside

15 analyst ratings

10 positive
67%
neutral
33%
negative
0%
Exane BNP Paribas
Kevin Grundy
5%upside
$36
Neutral
Initiated
24 Jun 2024
Truist Securities
Bill Chappell
1%downside
$34
Hold
Upgraded
17 Jun 2024
UBS
Sean King
16%upside
$40
Buy
Maintained
10 Jun 2024
Wells Fargo
Chris Carey
19%upside
$41
Overweight
Maintained
5 Jun 2024
Barclays
Lauren Lieberman
10%upside
$38
Overweight
Maintained
29 Apr 2024

Financial journalist opinion

Based on 10 articles about KDP published over the past 30 days