Arizona State Retirement System Has $9.92 Million Position in Keurig Dr Pepper, Inc $KDP

Arizona State Retirement System trimmed its holdings in Keurig Dr Pepper, Inc (NASDAQ:KDP) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 354,203 shares of the company’s stock after selling 22,605 shares during the quarter. Arizona State Retirement System’s holdings in Keurig Dr Pepper were worth $9,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. AustralianSuper Pty Ltd bought a new position in Keurig Dr Pepper in the third quarter worth approximately $1,217,000. Bank of New York Mellon Corp grew its holdings in Keurig Dr Pepper by 2.9% in the third quarter. Bank of New York Mellon Corp now owns 7,927,144 shares of the company’s stock worth $202,221,000 after purchasing an additional 223,160 shares during the last quarter. Candriam S.C.A. grew its holdings in Keurig Dr Pepper by 50.9% in the third quarter. Candriam S.C.A. now owns 377,667 shares of the company’s stock worth $9,634,000 after purchasing an additional 127,389 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Keurig Dr Pepper by 69.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 105,015 shares of the company’s stock worth $2,660,000 after purchasing an additional 43,223 shares during the last quarter. Finally, Elo Mutual Pension Insurance Co grew its holdings in Keurig Dr Pepper by 83.7% in the third quarter. Elo Mutual Pension Insurance Co now owns 204,935 shares of the company’s stock worth $5,228,000 after purchasing an additional 93,374 shares during the last quarter. 93.99% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Keurig Dr Pepper

Here are the key news stories impacting Keurig Dr Pepper this week:

• Positive Sentiment: Q1 results topped estimates: KDP reported EPS above consensus and ~9–11% organic net sales growth led by U.S. refreshment/cold beverages, which underpins near‑term revenue momentum. PR: Q1 Results
• Positive Sentiment: Acquisition closed: KDP completed the JDE Peet’s deal (April 1), expanding coffee exposure and supporting long‑term revenue mix diversification. This strategic move is being viewed favorably despite near‑term integration work. MSN: Acquisition Closed
• Positive Sentiment: Wall Street lift: JPMorgan raised its price target to $33 and kept an Overweight rating, giving the stock additional analyst support. TickerReport: JPMorgan PT Raise
• Positive Sentiment: Institutional buying and option activity: Oakmark’s Bill Nygren disclosed an increased stake, and high call‑option volume suggests speculative bullish positioning that can amplify intraday moves. 247WallSt: Nygren Bought Options Activity
• Neutral Sentiment: Guidance reaffirmed: Management reaffirmed FY‑2026 outlook for constant‑currency net sales and adjusted EPS, which stabilizes expectations but offers limited upside surprise potential. PR: Guidance Reaffirmed
• Negative Sentiment: Profit pressure and execution risks: Margins were under pressure from higher costs; analysts and commentaries flag persistent inflation, integration/execution risk from JDE Peet’s and the planned company split, and at least one note saying FY sales guidance is below estimates. These are downside catalysts if costs or integration drag on results. SeekingAlpha: Guidance Below Estimates WSJ: Cost Pressure

Wall Street Analyst Weigh In

Several research firms have issued reports on KDP. UBS Group lifted their price target on shares of Keurig Dr Pepper from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Friday. BNP Paribas Exane raised shares of Keurig Dr Pepper from an “underperform” rating to a “neutral” rating and set a $28.00 price target on the stock in a report on Wednesday. Barclays cut their price target on shares of Keurig Dr Pepper from $32.00 to $28.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Keurig Dr Pepper in a report on Wednesday, January 28th. Finally, Wells Fargo & Company cut their price target on shares of Keurig Dr Pepper from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $31.43.

Keurig Dr Pepper Trading Up 2.4%

NASDAQ KDP opened at $29.22 on Friday. The company has a market capitalization of $39.70 billion, a PE ratio of 21.64, a P/E/G ratio of 1.44 and a beta of 0.35. The company has a fifty day moving average of $27.51 and a 200 day moving average of $27.66. Keurig Dr Pepper, Inc has a 1 year low of $24.88 and a 1 year high of $35.94. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.31 and a quick ratio of 0.43.

Keurig Dr Pepper (NASDAQ:KDP) last posted its earnings results on Thursday, April 23rd. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. The company had revenue of $3.98 billion during the quarter, compared to the consensus estimate of $7.23 billion. Keurig Dr Pepper had a net margin of 10.81% and a return on equity of 10.51%. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.42 earnings per share. Research analysts forecast that Keurig Dr Pepper, Inc will post 2.27 earnings per share for the current year.

Keurig Dr Pepper Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 27th were given a dividend of $0.23 per share. The ex-dividend date was Friday, March 27th. This represents a $0.92 dividend on an annualized basis and a yield of 3.1%. Keurig Dr Pepper’s payout ratio is currently 60.13%.

Keurig Dr Pepper Company Profile

Keurig Dr Pepper (NASDAQ: KDP) is a North American beverage company formed in July 2018 through the combination of Keurig Green Mountain and Dr Pepper Snapple Group. The company designs, manufactures, markets and distributes a wide range of hot and cold beverages and related equipment, combining Keurig’s single‑serve coffee systems with a large portfolio of carbonated and noncarbonated drink brands. It operates a network of manufacturing, packaging and distribution facilities to supply retail, foodservice and e-commerce channels across its served markets.

The company’s product mix includes single‑serve coffee brewers and coffee pods under the Keurig brand as well as a broad assortment of branded beverages.