Keurig Dr Pepper, Inc $KDP Shares Bought by Royal Bank of Canada

Posted by Francis Steltz on Aug 2nd, 2026

Royal Bank of Canada lifted its position in shares of Keurig Dr Pepper, Inc (NASDAQ:KDP – Free Report) by 8.6% in the 1st quarter, Holdings Channel reports. The fund owned 2,344,606 shares of the company’s stock after buying an additional 186,373 shares during the period. Royal Bank of Canada’s holdings in Keurig Dr Pepper were worth $61,734,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Salomon & Ludwin LLC bought a new stake in Keurig Dr Pepper in the 4th quarter valued at about $26,000. Meeder Asset Management Inc. grew its position in Keurig Dr Pepper by 358.0% in the 1st quarter. Meeder Asset Management Inc. now owns 971 shares of the company’s stock worth $26,000 after purchasing an additional 759 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in Keurig Dr Pepper by 102,300.0% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,024 shares of the company’s stock worth $34,000 after purchasing an additional 1,023 shares during the last quarter. Rossby Financial LCC increased its stake in shares of Keurig Dr Pepper by 45.1% in the fourth quarter. Rossby Financial LCC now owns 1,090 shares of the company’s stock valued at $31,000 after purchasing an additional 339 shares during the period. Finally, Activest Wealth Management increased its stake in shares of Keurig Dr Pepper by 5,642.1% in the fourth quarter. Activest Wealth Management now owns 1,091 shares of the company’s stock valued at $31,000 after purchasing an additional 1,072 shares during the period. Institutional investors and hedge funds own 93.99% of the company’s stock.

Analysts Set New Price Targets

KDP has been the subject of several analyst reports. Zacks Research downgraded Keurig Dr Pepper from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. BNP Paribas Exane upgraded Keurig Dr Pepper from an “underperform” rating to a “neutral” rating and set a $28.00 target price on the stock in a research report on Wednesday, April 22nd. The Goldman Sachs Group raised Keurig Dr Pepper from a “neutral” rating to a “neutral” rating in a research note on Thursday, June 25th. JPMorgan Chase & Co. boosted their price target on Keurig Dr Pepper from $33.00 to $38.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Finally, Weiss Ratings raised Keurig Dr Pepper from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Eight investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Keurig Dr Pepper currently has a consensus rating of “Hold” and a consensus price target of $33.40.

Read Our Latest Stock Report on KDP

Keurig Dr Pepper Trading Down 1.4%

Shares of NASDAQ:KDP opened at $31.12 on Friday. The company has a 50 day moving average of $31.10 and a 200-day moving average of $29.03. The company has a current ratio of 2.31, a quick ratio of 2.12 and a debt-to-equity ratio of 0.72. The firm has a market cap of $42.34 billion, a P/E ratio of 23.05, a P/E/G ratio of 1.42 and a beta of 0.40. Keurig Dr Pepper, Inc has a twelve month low of $24.88 and a twelve month high of $35.94.

Keurig Dr Pepper Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 26th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Friday, June 26th. Keurig Dr Pepper’s dividend payout ratio is 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.