KDPNasdaqBeveragesFiscal year ends December 31
Keurig Dr Pepper Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$34.46−0.16 (-0.46%)
Close on Oct 19, 2026
- Market cap
- $47.02B
- P/E (TTM)
- 34.8
- Dividend yield
- 2.67%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
1.45B of 1.36B shares
Institutional holders
853
124 new, 80 sold out
Net institutional buying
138M
In Q2 2026
Insider trades, 12 months
1 buys · 4 sales
Net sold $1.13M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Capital Management | 99,658,889 | 7.33% | 13G (passive) | Mar 31, 2026 |
| Harris Associates, Inc. | 86,269,175 | 6.30% | 13G (passive) | Dec 31, 2025 |
| FMR LLC | 172,253,105 | 12.70% | 13G (passive) amendment | Jun 30, 2026 |
| Abigail P. Johnson | 135,874,927 | 10.00% | 13G (passive) amendment | Dec 31, 2025 |
| Capital World Investors | 120,099,461 | 8.80% | 13G (passive) amendment | Jun 30, 2026 |
| BlackRock, Inc. | 115,882,749 | 8.50% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of KDP | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| FMR LLC | 172,397,835 | 12.67% | $5.64B | +26,768,840 | 0.24% |
| BlackRock, Inc. | 143,527,185 | 10.55% | $4.70B | +18,017,673 | 0.07% |
| Capital World Investors | 118,725,548 | 8.72% | $3.89B | +19,695,419 | 0.46% |
| Harris Associates L P | 92,854,297 | 6.82% | $3.04B | −228,016 | 4.03% |
| Vanguard Capital Management LLC | 86,576,404 | 6.36% | $2.83B | +610,704 | 0.06% |
| State Street Corp | 64,129,461 | 4.71% | $2.11B | −993,777 | 0.06% |
| Vanguard Portfolio Management LLC | 62,850,530 | 4.62% | $2.06B | +733,211 | 0.09% |
| Wellington Management Group Llp | 55,939,797 | 4.11% | $1.83B | −5,801,596 | 0.32% |
| Invesco Ltd. | 45,567,265 | 3.35% | $1.49B | +356,850 | 0.12% |
| Geode Capital Management, LLC | 38,550,174 | 2.83% | $1.26B | +5,606,552 | 0.07% |
| T. Rowe Price Investment Management, Inc. | 37,802,333 | 2.78% | $1.24M | +503,301 | 0.81% |
| JPMorgan Chase & Co | 31,358,284 | 2.30% | $1.05B | −1,904,932 | 0.06% |
| Barrow Hanley Mewhinney & Strauss LLC | 23,437,371 | 1.72% | $767.11M | +1,566,159 | 2.33% |
| Capital International Investors | 22,732,737 | 1.67% | $744.04M | +2,697,745 | 0.15% |
| Morgan Stanley | 17,161,687 | 1.26% | $561.70M | −9,443,339 | 0.03% |
| Price T Rowe Associates Inc /Md/ | 16,698,761 | 1.23% | $546.55K | +2,550,574 | 0.05% |
| Citadel Advisors LLC | 16,662,968 | 1.22% | $545.38M | +14,866,136 | 0.06% |
| Norges Bank | 16,043,089 | 1.18% | $525.09M | New | 0.05% |
| Point72 Asset Management, L.P. | 13,948,539 | 1.03% | $456.54M | +12,965,750 | 0.50% |
| UBS Group AG | 13,000,825 | 0.96% | $425.52M | +6,600,341 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 853 | 1.45B | 100.0% | 124 / 342 | 288 / 80 | 185M | 47M |
| Q1 2026 | 825 | 1.31B | 96.3% | 104 / 313 | 304 / 119 | 234M | 85M |
| Q4 2025 | 851 | 1.32B | 97.3% | 160 / 336 | 280 / 128 | 247M | 181M |
| Q3 2025 | 836 | 1.26B | 92.8% | 149 / 315 | 298 / 124 | 144M | 126M |
| Q2 2025 | 823 | 1.25B | 91.6% | 92 / 443 | 203 / 94 | 171M | 71M |
| Q1 2025 | 836 | 1.15B | 84.4% | 129 / 397 | 239 / 67 | 166M | 71M |
| Q4 2024 | 784 | 1.06B | 77.8% | 130 / 352 | 238 / 77 | 140M | 66M |
| Q3 2024 | 742 | 987M | 72.5% | 93 / 349 | 225 / 71 | 156M | 57M |
| Q2 2024 | 730 | 978M | 71.9% | 107 / 318 | 234 / 90 | 83M | 83M |
| Q1 2024 | 724 | 981M | 72.1% | 115 / 297 | 245 / 82 | 136M | 70M |
| Q4 2023 | 701 | 925M | 68.0% | 116 / 275 | 247 / 86 | 102M | 56M |
| Q3 2023 | 682 | 882M | 64.8% | 94 / 343 | 172 / 68 | 110M | 40M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of KDP | Value | % of fund | As of |
|---|---|---|---|---|---|
| Washington Mutual Investors Fund | 62,323,368 | 4.58% | $1.94B | 0.89% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 41,043,255 | 3.02% | $1.34B | 0.06% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 35,258,120 | 2.59% | $1.15B | 0.07% | Jun 30, 2026 |
| American Balanced Fund | 33,472,166 | 2.46% | $1.10B | 0.38% | Jun 30, 2026 |
| Income Fund of America | 31,233,795 | 2.30% | $972.00M | 0.66% | Jul 31, 2026 |
| Invesco QQQ Trust, Series 1 | 28,880,852 | 2.12% | $945.27M | 0.19% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 28,007,217 | 2.06% | $916.68M | 0.41% | Jun 30, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 24,470,636 | 1.80% | $734.85M | 0.29% | May 31, 2026 |
| Vanguard Equity Income Fund | 23,819,467 | 1.75% | $779.61M | 1.19% | Jun 30, 2026 |
| Oakmark Fund | 21,622,700 | 1.59% | $707.71M | 2.95% | Jun 30, 2026 |
| Oakmark Select Fund | 19,412,598 | 1.43% | $635.37M | 7.64% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 18,715,142 | 1.38% | $612.55M | 0.07% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 17,385,823 | 1.28% | $522.10M | 0.06% | May 31, 2026 |
| T. Rowe Price Capital Appreciation Fund | 15,938,059 | 1.17% | $521.65M | 0.74% | Jun 30, 2026 |
| Vanguard Windsor Ii Fund | 14,985,542 | 1.10% | $466.35M | 0.70% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Timothy P. Cofer | CEO & President, Director | 547,358 | 0.04% | May 22, 2026 |
| Eric Gorli | President, US Refreshment Bev. | 100,304 | 0.01% | Sep 16, 2026 |
| Anthony Shoemaker | Chief Legal Officer | 200,062 | 0.01% | Sep 16, 2026 |
| Mary Beth DeNooyer | Chief Human Resources Officer | 72,171 | 0.01% | Sep 10, 2026 |
| Angela A. Stephens | Senior VP & Controller | 55,786 | 0.00% | Sep 4, 2026 |
| Rafael Oliveira | CEO Coffee Operating Unit | – | – | Apr 29, 2026 |
| Roger Frederick Johnson | Chief Supply Chain Officer | 135,381 | 0.01% | Mar 6, 2026 |
| Olivier Lemire | President, U.S. Coffee | 42,626 | 0.00% | Mar 6, 2026 |
| Anthony Disilvestro | Chief Financial Officer | 19 | 0.00% | Dec 11, 2025 |
| Patrick Minogue | President, US Coffee | 78,260 | 0.01% | Mar 14, 2025 |
| Priyadarshi Sudhanshu | CFO, President International | 244,394 | 0.02% | Mar 7, 2025 |
| Aaron E. Alt | Director | 7,862 | 0.00% | Sep 18, 2026 |
| Brian J. Driscoll | Director | – | – | Sep 18, 2026 |
| Debra A. Sandler | Director | 2,285 | 0.00% | Sep 16, 2026 |
| Robert James Gamgort | Director | 3,059,094 | 0.22% | Mar 6, 2026 |
| de Ven Michael G. Van | Director | 15,000 | 0.00% | Mar 6, 2026 |
| William A. Newlands | Director | – | – | Mar 6, 2026 |
| Amie Thuener O'Toole | Director | – | – | Mar 6, 2026 |
| Oray Boston | Director | – | – | Mar 6, 2026 |
| Lawson E. Whiting | Director | – | – | Mar 6, 2026 |
| Juliette Hickman | Director | 5,226 | 0.00% | Mar 5, 2026 |
| Robert S. Singer | Director | 60,328 | 0.00% | Mar 5, 2026 |
| Pamela H. Patsley | Director | 44,992 | 0.00% | Mar 5, 2026 |
| Paul S. Michaels | Director | 19,927 | 0.00% | Mar 14, 2025 |
| Franciscus Antonius Engelen | Director | – | – | Nov 1, 2024 |
| Holding Co s.a r.l. JAB | 10% owner | 883,525,095 | 64.93% | Feb 28, 2025 |
| A. Benckiser s.a.r.l. Joh. | 10% owner | 1,229,089,757 | 90.32% | Feb 28, 2025 |
| Investments S.a r.l. JAB | 10% owner | 472,909,049 | 34.75% | Feb 28, 2025 |
| Coffee & Beverages B.V. JAB | 10% owner | 769,396,406 | 56.54% | Feb 28, 2025 |
| Forest B.V. JAB | 10% owner | 472,909,049 | 34.75% | Feb 28, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Anthony Shoemaker Chief Legal Officer | Sep 14, 2026 | Option exercise | +59,781 | – | – | 200,062 |
| Anthony Shoemaker Chief Legal Officer | Sep 14, 2026 | Option exercise | +785 | – | – | 200,847 |
| Anthony Shoemaker Chief Legal Officer | Sep 14, 2026 | Tax withholding | −23,833 | $31.58 | $752.65K | 177,014 |
| Eric Gorli President, US Refreshment Bev. | Sep 14, 2026 | Tax withholding | −1,306 | $31.58 | $41.24K | 100,304 |
| Eric Gorli President, US Refreshment Bev. | Sep 14, 2026 | Option exercise | +3,317 | – | – | 101,610 |
| Debra A. Sandler Director | Sep 14, 2026 | Option exercise | +2,285 | – | – | 2,285 |
| Mary Beth DeNooyer Chief Human Resources Officer | Sep 9, 2026 | Sale | −12,000 | $32.30 | $387.60K | 72,171 |
| Mary Beth DeNooyer Chief Human Resources Officer | Sep 8, 2026 | Sale | −12,000 | $32.55 | $390.60K | 84,171 |
| Angela A. Stephens Senior VP & Controller | Sep 3, 2026 | Sale | −9,500 | $32.70 | $310.65K | 55,786 |
| Aaron E. Alt Director | Aug 25, 2026 | Buy | +7,862 | $31.83 | $250.25K | 7,862 |
| Angela A. Stephens Senior VP & Controller | Jun 1, 2026 | Option exercise | +2,950 | – | – | 66,447 |
| Angela A. Stephens Senior VP & Controller | Jun 1, 2026 | Tax withholding | −1,161 | $30.20 | $35.06K | 65,286 |
| Timothy P. Cofer CEO & President, Director | May 20, 2026 | Option exercise | +88,106 | – | – | 88,106 |
| Timothy P. Cofer CEO & President, Director | May 20, 2026 | Tax withholding | −34,670 | $28.69 | $994.68K | 53,436 |
| Mary Beth DeNooyer Chief Human Resources Officer | Mar 5, 2026 | Option exercise | +6,757 | – | – | 99,575 |
| Mary Beth DeNooyer Chief Human Resources Officer | Mar 5, 2026 | Tax withholding | −3,404 | $28.05 | $95.48K | 96,171 |
| Roger Frederick Johnson Chief Supply Chain Officer | Mar 5, 2026 | Tax withholding | −2,659 | $28.05 | $74.58K | 135,381 |
| Roger Frederick Johnson Chief Supply Chain Officer | Mar 5, 2026 | Option exercise | +6,757 | – | – | 138,040 |
| Anthony Shoemaker Chief Legal Officer | Mar 5, 2026 | Option exercise | +6,757 | – | – | 142,940 |
| Anthony Shoemaker Chief Legal Officer | Mar 5, 2026 | Tax withholding | −2,659 | $28.05 | $74.58K | 140,281 |
| Robert James Gamgort Director | Mar 5, 2026 | Option exercise | +14,077 | – | – | 1,956,952 |
| Robert James Gamgort Director | Mar 5, 2026 | Tax withholding | −5,540 | $28.05 | $155.40K | 1,951,412 |
| Olivier Lemire President, U.S. Coffee | Mar 5, 2026 | Tax withholding | −1,239 | $28.05 | $34.75K | 42,626 |
| Olivier Lemire President, U.S. Coffee | Mar 5, 2026 | Option exercise | +2,394 | – | – | 43,865 |
| Eric Gorli President, US Refreshment Bev. | Mar 5, 2026 | Tax withholding | −2,659 | $28.05 | $74.58K | 98,293 |
| Eric Gorli President, US Refreshment Bev. | Mar 5, 2026 | Option exercise | +6,757 | – | – | 100,952 |
| Timothy P. Cofer CEO & President, Director | Mar 5, 2026 | Tax withholding | −12,187 | $28.05 | $341.85K | 458,852 |
| Timothy P. Cofer CEO & President, Director | Mar 5, 2026 | Option exercise | +30,969 | – | – | 471,039 |
| Angela A. Stephens Senior VP & Controller | Mar 5, 2026 | Tax withholding | −900 | $28.05 | $25.25K | 63,497 |
| Angela A. Stephens Senior VP & Controller | Mar 5, 2026 | Option exercise | +2,394 | – | – | 64,397 |
| Juliette Hickman Director | Mar 3, 2026 | Option exercise | +5,226 | – | – | 5,226 |
| Pamela H. Patsley Director | Mar 3, 2026 | Option exercise | +5,226 | – | – | 44,992 |
| Robert S. Singer Director | Mar 3, 2026 | Option exercise | +5,226 | – | – | 47,829 |
| Angela A. Stephens Senior VP & Controller | Mar 3, 2026 | Option exercise | +2,776 | – | – | 63,034 |
| Angela A. Stephens Senior VP & Controller | Mar 3, 2026 | Tax withholding | −1,031 | $29.57 | $30.49K | 62,003 |
| Eric Gorli President, US Refreshment Bev. | Mar 3, 2026 | Tax withholding | −1,093 | $29.57 | $32.32K | 94,195 |
| Eric Gorli President, US Refreshment Bev. | Mar 3, 2026 | Option exercise | +2,776 | – | – | 95,288 |
| Anthony Shoemaker Chief Legal Officer | Mar 3, 2026 | Option exercise | +2,776 | – | – | 137,276 |
| Anthony Shoemaker Chief Legal Officer | Mar 3, 2026 | Tax withholding | −1,093 | $29.57 | $32.32K | 136,183 |
| Mary Beth DeNooyer Chief Human Resources Officer | Mar 3, 2026 | Option exercise | +4,572 | – | – | 95,157 |
| Mary Beth DeNooyer Chief Human Resources Officer | Mar 3, 2026 | Tax withholding | −2,339 | $29.57 | $69.16K | 92,818 |
| Robert James Gamgort Director | Mar 3, 2026 | Option exercise | +30,699 | – | – | 1,954,956 |
| Robert James Gamgort Director | Mar 3, 2026 | Tax withholding | −12,081 | $29.57 | $357.24K | 1,942,875 |
| Roger Frederick Johnson Chief Supply Chain Officer | Mar 3, 2026 | Option exercise | +2,776 | – | – | 132,456 |
| Roger Frederick Johnson Chief Supply Chain Officer | Mar 3, 2026 | Tax withholding | −1,173 | $29.57 | $34.69K | 131,283 |
| Olivier Lemire President, U.S. Coffee | Mar 3, 2026 | Tax withholding | −653 | $29.57 | $19.31K | 41,471 |
| Olivier Lemire President, U.S. Coffee | Mar 3, 2026 | Option exercise | +1,291 | – | – | 42,124 |
| Angela A. Stephens Senior VP & Controller | Mar 2, 2026 | Tax withholding | −3,603 | $29.97 | $107.98K | 60,258 |
| Angela A. Stephens Senior VP & Controller | Mar 2, 2026 | Option exercise | +2,202 | – | – | 63,861 |
| Angela A. Stephens Senior VP & Controller | Mar 2, 2026 | Option exercise | +7,459 | – | – | 61,659 |
| Eric Gorli President, US Refreshment Bev. | Mar 2, 2026 | Option exercise | +7,459 | – | – | 94,113 |
| Eric Gorli President, US Refreshment Bev. | Mar 2, 2026 | Option exercise | +2,202 | – | – | 96,315 |
| Eric Gorli President, US Refreshment Bev. | Mar 2, 2026 | Tax withholding | −3,803 | $29.97 | $113.98K | 92,512 |
| Anthony Shoemaker Chief Legal Officer | Mar 2, 2026 | Option exercise | +12,285 | – | – | 137,136 |
| Anthony Shoemaker Chief Legal Officer | Mar 2, 2026 | Option exercise | +3,626 | – | – | 140,762 |
| Anthony Shoemaker Chief Legal Officer | Mar 2, 2026 | Tax withholding | −6,262 | $29.97 | $187.67K | 134,500 |
| Mary Beth DeNooyer Chief Human Resources Officer | Mar 2, 2026 | Tax withholding | −7,837 | $29.97 | $234.87K | 90,585 |
| Mary Beth DeNooyer Chief Human Resources Officer | Mar 2, 2026 | Option exercise | +12,285 | – | – | 94,796 |
| Mary Beth DeNooyer Chief Human Resources Officer | Mar 2, 2026 | Option exercise | +3,626 | – | – | 98,422 |
| Robert James Gamgort Director | Mar 2, 2026 | Tax withholding | −42,038 | $29.97 | $1.26M | 1,924,257 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Beth DeNooyer Mary Officer | Sep 8, 2026 | 24,000 | $782.16K | Sep 8, 2026 | Purchase |
| Francis Minogue Patrick Former Affiliate | Nov 5, 2025 | 7,000 | $4.55K | Nov 5, 2025 | Open Market Purchase |
| Francis Minogue Patrick former insider | Oct 28, 2025 | 61,750 | $1.77M | Oct 28, 2025 | Restricted stock vesting under a registered plan |
| J. Gamgort 1999 Trust U/A Dtd 12/17/1999 Robert Director | Aug 20, 2025 | 7,601 | $267.40K | Aug 20, 2025 | Restricted Stock Units |
| J. Gamgort 1999 Trust U/Adtd 12/17/1999 Robert Director | Aug 1, 2025 | 208,000 | $6.79M | Aug 1, 2025 | Restricted Stock Units |
| J. Gamgort 1999 Trust U/Adtd 12/17/1999 Robert Director, Officer | Jul 29, 2025 | 208,000 | $6.86M | Jul 29, 2025 | Restricted Stock Units |
| Beth DeNooyer Mary Officer | Jun 20, 2025 | 36,000 | $1.20M | Jun 20, 2025 | Open Market Purchase |
| J. Gamgort 1999 Trust U/Adtd 12/17/1999 Robert Director, Officer | Jun 2, 2025 | 208,000 | $7.00M | Jun 2, 2025 | Restricted Stock Units |
| J. Gamgort 1999 Trust U/Adtd 12/17/1999 Robert Director, Officer | May 1, 2025 | 208,000 | $7.19M | May 1, 2025 | Restricted Stock Units |
| J. Gamgort 1999 Trust U/Adtd 12/17/1999 Robert Director, Officer | Apr 29, 2025 | 208,000 | $7.08M | Apr 29, 2025 | Restricted Stock Units |
| Beth DeNooyer Mary Officer | Mar 4, 2025 | 84,000 | $2.90M | Mar 4, 2025 | RSU Vesting |
| J. Gamgort 1999 Trust U/Adtd 12/17/1999 Robert Director, Officer | Mar 4, 2025 | 416,000 | $14.20M | Mar 4, 2025 | Restricted Stock Units |
| Larry D. Young Former officer/director | Sep 3, 2024 | 100,000 | $3.70M | Sep 3, 2024 | Stock Grants |
| Larry D. Young Former officer/director | Aug 13, 2024 | 100,000 | $3.50M | Aug 13, 2024 | Stock Grants |
| Andrew Archambault Matthew Officer | May 23, 2024 | 8,000 | $273.50K | May 23, 2024 | Restricted stock vesting under a registered plan |