Keurig Dr Pepper stock is trading -9.65% below its average target price of $35.65 after dropping -3.1% during today's evening session. Analysts are giving the large-cap Beverages company an average rating of buy and target prices ranging from $27.0 to $42.0 per share.
Keurig Dr Pepper's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.7%. The stock's short ratio is 1.93. The company's insiders own 31.78% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 65.9%. In conclusion, we believe there is positive market sentiment regarding Keurig Dr Pepper.
Institutions Invested in Keurig Dr Pepper
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Capital World Investors | 7% | 94,294,221 | $3,037,216,772 |
| 2023-09-30 | Vanguard Group Inc | 6% | 82,196,547 | $2,647,550,703 |
| 2023-09-30 | Blackrock Inc. | 5% | 76,183,864 | $2,453,882,189 |
| 2023-09-30 | FMR, LLC | 4% | 60,682,003 | $1,954,567,261 |
| 2023-09-30 | Capital International Investors | 4% | 55,330,352 | $1,782,190,587 |
| 2023-09-30 | Wellington Management Group, LLP | 3% | 42,458,054 | $1,367,573,880 |
| 2023-09-30 | State Street Corporation | 3% | 41,855,850 | $1,348,176,890 |
| 2023-09-30 | Geode Capital Management, LLC | 1% | 19,654,857 | $633,082,925 |
| 2023-09-30 | Neuberger Berman Group, LLC | 1% | 16,117,843 | $519,155,708 |
| 2023-09-30 | T. Rowe Price Investment Management, Inc. | 1% | 15,993,354 | $515,145,917 |
