SCHEDULE: FMR LLC Reports Stake in Keurig Dr Pepper

FMR LLC and Abigail P. Johnson have updated their Schedule 13G filing, reporting a combined beneficial ownership of 12.7% in Keurig Dr Pepper Inc. as of June 30, 2026.

Summary

• FMR LLC and Abigail P. Johnson have filed an amendment to their Schedule 13G, indicating their beneficial ownership of Keurig Dr Pepper Inc. common stock.
• As of June 30, 2026, the aggregate amount beneficially owned by FMR LLC and Abigail P. Johnson is 172,253,105.46 shares.
• This represents 12.7% of the class of securities.
• FMR LLC is classified as a holding company (HC), and Abigail P. Johnson is classified as an insider (IN).
• The filing confirms that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting on beneficial ownership changes rather than operational or financial performance.

Positives

• FMR LLC and Abigail P. Johnson maintain a significant stake, indicating continued confidence or investment strategy.
• The filing clarifies that ownership is for ordinary course of business, not for control manipulation.

Negatives

• The filing does not contain financial performance data, making it difficult to assess the underlying business health.
• The fractional share amounts (e.g., 172,253,105.46) are unusual for typical equity holdings and may indicate complex derivative or fund structures.

Risks

• The filing does not explicitly mention any new risks or changes to existing risk factors for Keurig Dr Pepper Inc.

Future Outlook

This filing is a Schedule 13G amendment and does not contain forward-looking statements or guidance regarding the company's future performance.

Management Comments

• FMR LLC and Abigail P. Johnson certify that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and investment management firms like FMR LLC, indicating significant passive holdings in publicly traded companies. This filing reflects a substantial, but not controlling, stake in the beverage industry.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's stake, which can influence market perception and trading activity.
• Management: The filing reaffirms that the ownership is not intended to influence control, providing clarity on the reporting persons' intentions.

Next Steps

• FMR LLC and Abigail P. Johnson will continue to hold their beneficial ownership in Keurig Dr Pepper Inc. as reported.

Key Dates

Keywords

Keurig Dr Pepper, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Investment Management