Keurig Dr Pepper (NASDAQ:KDP) Shares Unloaded Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently sold shares of Keurig Dr Pepper Inc. (NASDAQ:KDP). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Keurig Dr Pepper stock on April 1st. The trade occurred in the Representative’s “MERRILL LYNCH TAX EFFICIENT CORE” account.

Representative Julie Johnson also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/30/2025.
• Sold $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Fidelity National Information Services (NYSE:FIS) on 4/22/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 4/11/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 4/11/2025.
• Sold $1,001 – $15,000 in shares of DT Midstream (NYSE:DTM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 4/7/2025.
• Sold $1,001 – $15,000 in shares of Carlisle Companies (NYSE:CSL) on 4/7/2025.

Keurig Dr Pepper Trading Up 0.8%

KDP traded up $0.28 during trading on Friday, reaching $33.82. 8,578,351 shares of the company’s stock were exchanged, compared to its average volume of 10,552,287. Keurig Dr Pepper Inc. has a one year low of $30.12 and a one year high of $38.28. The company has a current ratio of 0.53, a quick ratio of 0.36 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $45.93 billion, a PE ratio of 20.50, a price-to-earnings-growth ratio of 2.42 and a beta of 0.52. The firm has a fifty day moving average price of $34.22 and a two-hundred day moving average price of $33.01.

Keurig Dr Pepper (NASDAQ:KDP) last posted its earnings results on Thursday, April 24th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. Keurig Dr Pepper had a net margin of 15.04% and a return on equity of 10.45%. The firm had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.57 billion. During the same period in the previous year, the firm posted $0.38 EPS. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. As a group, equities research analysts forecast that Keurig Dr Pepper Inc. will post 1.92 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Woodline Partners LP raised its holdings in Keurig Dr Pepper by 49.2% during the first quarter. Woodline Partners LP now owns 100,870 shares of the company’s stock worth $3,452,000 after buying an additional 33,258 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Keurig Dr Pepper by 248.0% in the 1st quarter. Empowered Funds LLC now owns 69,801 shares of the company’s stock worth $2,389,000 after acquiring an additional 49,741 shares in the last quarter. Ascent Group LLC bought a new stake in shares of Keurig Dr Pepper in the 1st quarter worth $226,000. MBB Public Markets I LLC bought a new position in Keurig Dr Pepper during the first quarter valued at about $332,000. Finally, United Services Automobile Association grew its position in Keurig Dr Pepper by 7.2% during the first quarter. United Services Automobile Association now owns 25,618 shares of the company’s stock valued at $864,000 after buying an additional 1,729 shares during the period. Institutional investors and hedge funds own 93.99% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on KDP. Hsbc Global Res raised shares of Keurig Dr Pepper from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 25th. HSBC raised shares of Keurig Dr Pepper from a “hold” rating to a “buy” rating and upped their price objective for the company from $36.00 to $42.00 in a research note on Friday, April 25th. JPMorgan Chase & Co. upped their price objective on shares of Keurig Dr Pepper from $37.00 to $40.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $42.00 price objective on shares of Keurig Dr Pepper in a research note on Tuesday, April 22nd. Finally, UBS Group boosted their target price on shares of Keurig Dr Pepper from $40.00 to $42.00 and gave the company a “buy” rating in a research report on Thursday, April 17th. Four research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Keurig Dr Pepper currently has an average rating of “Moderate Buy” and an average price target of $39.33.

Insider Activity at Keurig Dr Pepper

In other Keurig Dr Pepper news, VP Angela A. Stephens sold 14,500 shares of the stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $34.24, for a total transaction of $496,480.00. Following the completion of the transaction, the vice president now owns 62,411 shares in the company, valued at $2,136,952.64. This trade represents a 18.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Robert James Gamgort sold 416,000 shares of the stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $34.29, for a total transaction of $14,264,640.00. Following the transaction, the chairman now owns 3,237,066 shares of the company’s stock, valued at $110,998,993.14. This represents a 11.39% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 84,863,850 shares of company stock worth $2,772,203,450. 0.40% of the stock is owned by company insiders.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Keurig Dr Pepper

Keurig Dr Pepper Inc owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages.