8-K filing — Keurig Dr Pepper Inc. (KDP)
Filed: 2026-09-16 AccNo: 0001418135-26-000058 Size: 3 MB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
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Argus Research analyst Taylor Conrad reiterates Keurig Dr Pepper (NASDAQ:KDP) with a Buy and maintains $36 price target.
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Filed: 2026-09-16 AccNo: 0001418135-26-000058 Size: 3 MB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
PepsiCo is recommended as a top dividend growth stock to buy in September. The company is a Dividend King with 54 years of consecutive dividend increases, currently offering a 4.3% yield. Despite underperforming the S&P 500 and trading down 14.3% over six months, PepsiCo's valuation is attractive relative to peers, making it an appealing opportunity for long-term dividend investors seeking stable income.
Angela A. Stephens, Senior VP & Controller at Keurig Dr Pepper, sold 9,500 shares (15% of her direct holdings) for $310,650 on September 3, 2026. Despite the sale, she retains $1.83 million in direct equity. The article notes KDP has grown revenue impressively from $12.5B to $20.1B since 2021, but profits have stagnated, with net income falling to $1.5B in the most recent quarter. The company is undergoing a major strategic pivot to separate its cold beverages and coffee divisions.