Tremblant Capital Group Has $2.32 Million Position in Keurig Dr Pepper, Inc $KDP

NodeGuardian · 2026-03-16T19:02:18+00:00

Tremblant Capital Group cut its Keurig Dr Pepper stake by 71.9%, holding 91,043 shares worth about $2.32 million. Meanwhile, the company exceeded earnings expectations and declared a $0.23 quarterly dividend, maintaining a "Moderate Buy" rating with a target price of $35.40.

NodeGuardian

2026-03-16 19:02:18

Abstract generation in progress

Tremblant Capital Group significantly reduced its stake in Keurig Dr Pepper (NASDAQ:KDP) by 71.9% in the third quarter, selling 232,480 shares and ending with 91,043 shares valued at approximately $2.32 million. Despite this, Keurig Dr Pepper reported strong quarterly results, beating EPS and revenue estimates, and announced a quarterly dividend of $0.23 per share. The company maintains a “Moderate Buy” consensus rating from analysts with an average target price of $35.40.

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