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 Q4 regulatory filings by fund managers ($100M+ AUM)
49% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 75
42% more repeat investments, than reductions
Existing positions increased: 332 | Existing positions reduced: 234
5.11% more ownership
Funds ownership: 72.45% [Q3] → 77.56% (+5.11%) [Q4]
2% more funds holding
Funds holding: 726 [Q3] → 738 (+12) [Q4]
9% less call options, than puts
Call options by funds: $125M | Put options by funds: $137M
7% less capital invested
Capital invested by funds: $36.8B [Q3] → $34.3B (-$2.54B) [Q4]
44% less funds holding in top 10
Funds holding in top 10: 9 [Q3] → 5 (-4) [Q4]
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 | 6%upside $36 | Overweight Maintained | 17 Jan 2025 |
UBS Sean King 50% 1-year accuracy 1 / 2 met price target | 9%upside $37 | Buy Maintained | 16 Jan 2025 |
TD Cowen Vivien Azer 25% 1-year accuracy 1 / 4 met price target | 6%upside $36 | Hold Maintained | 8 Jan 2025 |
Wells Fargo Chris Carey 48% 1-year accuracy 21 / 44 met price target | 18%upside $40 | Overweight Maintained | 7 Jan 2025 |
Piper Sandler Mike Lavery 67% 1-year accuracy 2 / 3 met price target | 3%upside $35 | Neutral Initiated | 7 Jan 2025 |
Financial journalist opinion
Based on 7 articles about KDP published over the past 30 days
