44,355 Shares in Keurig Dr Pepper, Inc $KDP Purchased by North Dakota State Investment Board

Posted by Brian Himes on May 20th, 2026

North Dakota State Investment Board purchased a new position in Keurig Dr Pepper, Inc (NASDAQ:KDP – Free Report) in the fourth quarter, HoldingsChannel reports. The fund purchased 44,355 shares of the company’s stock, valued at approximately $1,242,000.

A number of other institutional investors also recently bought and sold shares of KDP. Root Financial Partners LLC bought a new position in Keurig Dr Pepper in the third quarter worth about $26,000. Salomon & Ludwin LLC bought a new position in Keurig Dr Pepper in the fourth quarter worth about $26,000. Clearstead Trust LLC raised its stake in Keurig Dr Pepper by 98.3% in the third quarter. Clearstead Trust LLC now owns 1,081 shares of the company’s stock worth $28,000 after buying an additional 536 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in Keurig Dr Pepper by 71.7% in the third quarter. SBI Securities Co. Ltd. now owns 1,159 shares of the company’s stock worth $30,000 after buying an additional 484 shares in the last quarter. Finally, Activest Wealth Management raised its stake in Keurig Dr Pepper by 5,642.1% in the fourth quarter. Activest Wealth Management now owns 1,091 shares of the company’s stock worth $31,000 after buying an additional 1,072 shares in the last quarter. 93.99% of the stock is owned by institutional investors.

Keurig Dr Pepper Trading Down 2.0%

NASDAQ:KDP opened at $28.85 on Wednesday. The company’s 50 day moving average price is $27.33 and its 200-day moving average price is $27.83. Keurig Dr Pepper, Inc has a 52 week low of $24.88 and a 52 week high of $35.94. The company has a quick ratio of 2.12, a current ratio of 2.31 and a debt-to-equity ratio of 0.72. The stock has a market cap of $39.25 billion, a price-to-earnings ratio of 21.37, a PEG ratio of 1.34 and a beta of 0.41.

Keurig Dr Pepper (NASDAQ:KDP – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Keurig Dr Pepper had a net margin of 10.81% and a return on equity of 10.51%. The firm had revenue of $3.98 billion for the quarter, compared to analysts’ expectations of $7.23 billion. During the same quarter in the prior year, the company posted $0.42 earnings per share. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. On average, equities research analysts forecast that Keurig Dr Pepper, Inc will post 2.29 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on KDP. BNP Paribas Exane raised shares of Keurig Dr Pepper from an “underperform” rating to a “neutral” rating and set a $28.00 price target for the company in a research note on Wednesday, April 22nd. Citigroup cut their price objective on shares of Keurig Dr Pepper from $37.00 to $32.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Evercore set a $30.00 price objective on shares of Keurig Dr Pepper in a report on Friday, April 24th. JPMorgan Chase & Co. upped their price objective on shares of Keurig Dr Pepper from $32.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Finally, UBS Group upped their price objective on shares of Keurig Dr Pepper from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $31.57.

View Our Latest Stock Report on KDP

Keurig Dr Pepper Profile

(Free Report)

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.