Keurig Dr Pepper
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. The US and Canada make up 95% of revenue, with the rest from Mexico.
Employees: 28,100
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
75% more call options, than puts
Call options by funds: $188M | Put options by funds: $108M
58% more repeat investments, than reductions
Existing positions increased: 342 | Existing positions reduced: 216
30% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 71
29% more funds holding in top 10
Funds holding in top 10: 7 [Q2] → 9 (+2) [Q3]
11% more capital invested
Capital invested by funds: $33.1B [Q2] → $36.8B (+$3.76B) [Q3]
1% more funds holding
Funds holding: 715 [Q2] → 723 (+8) [Q3]
0.57% less ownership
Funds ownership: 73.02% [Q2] → 72.45% (-0.57%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Barclays Lauren Lieberman 43% 1-year accuracy 39 / 90 met price target | 16%upside $36 | Overweight Maintained | 17 Jan 2025 |
UBS Sean King 50% 1-year accuracy 1 / 2 met price target | 19%upside $37 | Buy Maintained | 16 Jan 2025 |
TD Cowen Vivien Azer 25% 1-year accuracy 1 / 4 met price target | 16%upside $36 | Hold Maintained | 8 Jan 2025 |
Wells Fargo Chris Carey 42% 1-year accuracy 18 / 43 met price target | 29%upside $40 | Overweight Maintained | 7 Jan 2025 |
Piper Sandler Mike Lavery 67% 1-year accuracy 2 / 3 met price target | 13%upside $35 | Neutral Initiated | 7 Jan 2025 |
Financial journalist opinion
Based on 5 articles about KDP published over the past 30 days
