Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue in excess of $11 billionand nearly 26,000 employees. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott's®, CORE® and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability.
Company profile
Ticker
KDP
Exchange
Website
CEO
Robert Gamgort
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CSAB Inc., Dr Pepper Snapple Group, Inc.
SEC CIK
Corporate docs
Subsidiaries
234DP Aviation, LLC • A&W Concentrate Company • All Sport, LLC • All Sport Distributing, Inc. • Bai Brands LLC • Beverages Delaware Inc. • Big Red, LLC • BR HyDrive, LLC • Core Nutrition, LLC • DP Beverages Inc. ...
IRS number
753258232
KDP stock data
Analyst ratings and price targets
Current price
Average target
$40.00
Low target
$39.00
High target
$41.00
JP Morgan
Maintains
$41.00
Wells Fargo
Maintains
$40.00
Deutsche Bank
Maintains
$39.00
Latest filings (excl ownership)
8-K/A
Departure of Directors or Certain Officers
9 Dec 22
8-K
Departure of Directors or Certain Officers
9 Dec 22
8-K
Keurig Dr Pepper Declares Quarterly Dividend
6 Dec 22
8-K/A
Departure of Directors or Certain Officers
23 Nov 22
8-K
Departure of Directors or Certain Officers
17 Nov 22
8-K
Departure of Directors or Certain Officers
10 Nov 22
10-Q
2022 Q3
Quarterly report
27 Oct 22
8-K
Keurig Dr Pepper Reports Strong Q3 2022 Results and Reaffirms Guidance for the Year
27 Oct 22
8-K
Keurig Dr Pepper Appoints Chief Financial Officer
24 Oct 22
8-K
Departure of Directors or Certain Officers
13 Oct 22
Transcripts
KDP
Earnings call transcript
2022 Q3
27 Oct 22
KDP
Earnings call transcript
2022 Q2
28 Jul 22
KDP
Earnings call transcript
2022 Q1
28 Apr 22
KDP
Earnings call transcript
2021 Q4
24 Feb 22
KDP
Earnings call transcript
2021 Q3
28 Oct 21
KDP
Earnings call transcript
2021 Q2
29 Jul 21
KDP
Earnings call transcript
2021 Q1
29 Apr 21
KDP
Earnings call transcript
2020 Q4
25 Feb 21
KDP
Earnings call transcript
2020 Q3
29 Oct 20
KDP
Earnings call transcript
2020 Q2
30 Jul 20
Latest ownership filings
4
Sudhanshu Shekhar Priyadarshi
19 Jan 23
4
Robert James Gamgort
19 Jan 23
3
Karin Rotem-Wildeman
10 Jan 23
4
Robert James Gamgort
10 Jan 23
4
LARRY D YOUNG
2 Dec 22
4
Robert James Gamgort
2 Dec 22
4
Matthew Andrew Archambault
25 Nov 22
4
Roger Frederick Johnson
25 Nov 22
4
Sudhanshu Shekhar Priyadarshi
25 Nov 22
4/A
Sudhanshu Shekhar Priyadarshi
25 Nov 22
Financial summary
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| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Institutional ownership, Q3 2022
97.3% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 614 |
| Opened positions | 82 |
| Closed positions | 83 |
| Increased positions | 272 |
| Reduced positions | 180 |
| 13F shares | Current |
|---|---|
| Total value | 54.02 bn |
| Total shares | 1.38 bn |
| Total puts | 1.58 mm |
| Total calls | 2.81 mm |
| Total put/call ratio | 0.6 |
| Largest owners | Shares | Value |
|---|---|---|
| Maple Holdings B.V. | 481.08 mm | $14.04 bn |
| BDT Oak Acquisition, B.V. | 114.42 mm | $3.30 bn |
| MDLZ Mondelez International | 75.54 mm | $2.60 bn |
| Vanguard | 69.19 mm | $2.48 bn |
| BLK Blackrock | 67.61 mm | $2.42 bn |
| Capital International Investors | 51.21 mm | $1.83 bn |
| FMR | 44.82 mm | $1.61 bn |
| Capital World Investors | 39.75 mm | $1.42 bn |
| T. Rowe Price | 39.73 mm | $1.42 bn |
| Capital Research Global Investors | 37.82 mm | $1.35 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 18 Jan 23 | Sudhanshu Shekhar Priyadarshi | Common Stock | Buy | Acquire P | No | No | 35 | 10,000 | 350.00 k | 10,000 |
| 17 Jan 23 | Gamgort Robert James | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 28,323 | 0.00 | 3,346,477 |
| 17 Jan 23 | Gamgort Robert James | Common Stock | Grant | Acquire A | No | No | 0 | 71,614 | 0.00 | 3,374,800 |
| 6 Jan 23 | Gamgort Robert James | Common Stock | Sell | Dispose S | No | Yes | 36.03 | 125,000 | 4.50 mm | 3,303,186 |
| 1 Dec 22 | Gamgort Robert James | Common Stock | Sell | Dispose S | No | Yes | 38.72 | 275,000 | 10.65 mm | 3,428,186 |
News
JP Morgan Maintains Overweight on Keurig Dr Pepper, Raises Price Target to $41
26 Jan 23
Around $12M Bet On This Technology Stock? Check Out These 3 Stocks Insiders Are Buying
20 Jan 23
Ominous Death Cross Forms On Keurig Dr Pepper's Chart
11 Jan 23
Conagra Brands, Keurig Dr Pepper And These 2 Stocks Insiders Are Selling
11 Jan 23
What Does Keurig Dr Pepper's Debt Look Like?
6 Jan 23
Press releases
Keurig Dr Pepper to Report Fourth Quarter 2022 Results and Host Conference Call
18 Jan 23
MidOcean Partners Exits Nutrabolt Investment
8 Dec 22
KEURIG DR PEPPER AND NUTRABOLT ANNOUNCE STRATEGIC PARTNERSHIP INCLUDING A LONG-TERM SALES AND DISTRIBUTION AGREEMENT AND EQUITY INVESTMENT BY KDP
8 Dec 22
Keurig Dr Pepper Declares Quarterly Dividend
6 Dec 22
Keurig Dr Pepper Reaffirms Guidance for 2022 and Announces a Fireside Chat on December 15, 2022
5 Dec 22