Louisiana State Employees Retirement System Makes New $4.17 Million Investment in Keurig Dr Pepper, Inc $KDP

Posted by George Bondi on Jun 27th, 2026

Louisiana State Employees Retirement System purchased a new stake in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 158,500 shares of the company’s stock, valued at approximately $4,173,000.

A number of other institutional investors also recently modified their holdings of KDP. Salomon & Ludwin LLC acquired a new position in Keurig Dr Pepper in the 4th quarter valued at $26,000. Activest Wealth Management raised its holdings in Keurig Dr Pepper by 5,642.1% in the 4th quarter. Activest Wealth Management now owns 1,091 shares of the company’s stock worth $31,000 after acquiring an additional 1,072 shares during the period. Washington Trust Advisors Inc. acquired a new position in Keurig Dr Pepper during the 4th quarter worth $31,000. Rossby Financial LCC boosted its holdings in Keurig Dr Pepper by 45.1% during the fourth quarter. Rossby Financial LCC now owns 1,090 shares of the company’s stock valued at $31,000 after acquiring an additional 339 shares during the period. Finally, GW&K Investment Management LLC boosted its holdings in Keurig Dr Pepper by 67.6% during the fourth quarter. GW&K Investment Management LLC now owns 1,118 shares of the company’s stock valued at $31,000 after acquiring an additional 451 shares during the period. Institutional investors own 93.99% of the company’s stock.

Analysts Set New Price Targets

KDP has been the topic of a number of recent analyst reports. Citigroup dropped their price objective on Keurig Dr Pepper from $37.00 to $32.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Barclays upgraded Keurig Dr Pepper from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $30.00 to $36.00 in a research note on Thursday. JPMorgan Chase & Co. raised their target price on Keurig Dr Pepper from $32.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Evercore set a $30.00 price target on Keurig Dr Pepper in a research report on Friday, April 24th. Finally, The Goldman Sachs Group raised Keurig Dr Pepper from a “neutral” rating to a “neutral” rating in a research report on Thursday. Eight research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $32.40.

Get Our Latest Report on KDP

Keurig Dr Pepper Stock Performance

NASDAQ:KDP opened at $33.48 on Friday. The firm’s 50-day moving average is $29.66 and its 200-day moving average is $28.50. The company has a market cap of $45.56 billion, a price-to-earnings ratio of 24.80, a PEG ratio of 1.49 and a beta of 0.41. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.12 and a current ratio of 2.31. Keurig Dr Pepper, Inc has a 52-week low of $24.88 and a 52-week high of $35.94.

Keurig Dr Pepper (NASDAQ:KDP – Get Free Report) last released its earnings results on Thursday, April 23rd. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $7.23 billion. During the same quarter last year, the company earned $0.42 earnings per share. The firm’s revenue was up 9.4% on a year-over-year basis. Equities research analysts anticipate that Keurig Dr Pepper, Inc will post 2.29 earnings per share for the current year.

Keurig Dr Pepper Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 26th will be given a $0.23 dividend. The ex-dividend date is Friday, June 26th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.7%. Keurig Dr Pepper’s dividend payout ratio (DPR) is currently 68.15%.

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.