Type
|
Public |
---|---|
Traded as | NYSE: DPS S&P 500 Component |
Industry | Beverage |
Predecessor | Dr Pepper Seven Up |
Founded | May 7, 2008 (2008-05-07) |
Headquarters | Plano, Texas, U.S. |
Key people
|
Larry Young (President and CEO) Martin Ellen (CFO) |
Products | Dr Pepper Snapple RC Cola A&W 7 Up (U.S.) Schweppes Sunkist Canada Dry Big Red Mott's Hawaiian Punch Other beverages |
Revenue |
|
Operating income
|
|
Net income
|
|
Total assets |
|
Total equity |
|
Number of employees
|
19,000 (2010) |
Subsidiaries | Dr Pepper Snapple Bottling Group Bai Brands Big Red, Inc Canada Dry Motts Groupo Peñafiel |
Website | DrPepperSnappleGroup.com |
Dr Pepper Snapple Group Inc. is an American soft drink company, based in Plano, Texas. Formerly called Cadbury Schweppes Americas Beverages, on May 5, 2008, it was spun off from Britain's Cadbury Schweppes, with trading in its shares starting on May 7, 2008. Cadbury Schweppes plc went on to become Cadbury plc on May 5, 2008.
Beverage America and Select Beverages bottlers were purchased from the Carlyle Group in February 1998. Snapple, Mistic and Stewart's (formerly Cable Car Beverage) were sold by Triarc Companies, Inc. to Cadbury Schweppes in 2000 for $1.45 billion. In October of that same year, Cadbury Schweppes purchased Royal Crown from Triarc.
In 2006 and 2007, Cadbury Schweppes purchased the Dr Pepper/Seven Up Bottling Group, along with several other regional bottlers. This allowed DPS to bottle many of its own beverages and combat the recent decision by many Pepsi and Coke bottlers who had dropped their Dr Pepper and Snapple products to promote new product additions from Pepsi and Coke. Some of the Dr Pepper/Seven Up brands are still licensed to Pepsi, Coke and independent bottlers in various regions of the United States and Canada.
In November 2007, Cadbury Schweppes announced it would take the beverages unit public. In May 2008, Cadbury Schweppes demerged its beverage holdings forming the Dr Pepper Snapple Group.
Dr Pepper Snapple Group holds naming rights to the Dallas Stars' practice facility, the Dr Pepper Star Center, which is located in Frisco, Texas. It also retains non-alcoholic beverage rights to each facility's concessions as a result of the deals as well as sponsorships with the NHL franchise.
In 2008, Dr Pepper Snapple Group purchased minority interest in Big Red, Inc, makers of Big Red, NuGrape, Nesbitt's and other flavored drinks.
In 2014, the company announced that it accomplished its goal of reducing use of polyethylene terephthalate (PET) in its plastic bottles. Dr Pepper Snapple lowered the amount of PET in its bottles by over 60 million pounds between 2007 and 2014.
On November 22, 2016, Dr Pepper Snapple announced plans to make a cash purchase of Bai Brands for $1.7 billion. It had previously purchased a minority stake in the company for $15 million in 2015.
2016-06-29 | Lower Price Target | Goldman Sachs | Sell | $90.00 to $89.00 |
2016-06-29 | Lower Price Target | Goldman Sachs Group Inc. | Sell | $90.00 to $89.00 |
2016-05-17 | Reiterated Rating | Credit Agricole | Outperform | |
2016-05-17 | Reiterated Rating | Credit Agricole SA | Outperform | |
2016-04-28 | Reiterated Rating | BMO Capital Markets | Hold | |
2016-04-28 | Boost Price Target | Barclays | Equal Weight | $88.00 to $94.00 |
2016-04-28 | Boost Price Target | Barclays PLC | Equal Weight | $88.00 to $94.00 |
2016-04-27 | Reiterated Rating | Susquehanna | Hold | |
2016-04-15 | Reiterated Rating | Bank of America | Underperform | |
2016-04-15 | Reiterated Rating | Bank of America Corp. | Underperform | |
2016-03-05 | Reiterated Rating | Susquehanna | Hold | |
2016-02-18 | Boost Price Target | Stifel Nicolaus | Buy | $98.00 to $102.00 |
2016-02-18 | Reiterated Rating | Evercore ISI | Buy | |
2016-02-18 | Reiterated Rating | Susquehanna | Hold | |
2016-02-18 | Reiterated Rating | Sterne Agee CRT | Buy | |
2016-02-07 | Reiterated Rating | Susquehanna | Hold to Neutral | |
2016-02-05 | Boost Price Target | Susquehanna | $87.00 to $92.00 | |
2016-01-27 | Boost Price Target | BMO Capital Markets | $90.00 to $92.00 | |
2016-01-22 | Upgrade | Credit Agricole | Underperform to Outperform | $94.00 to $101.00 |
2016-01-22 | Upgrade | CLSA | Underperform to Outperform | $94.00 to $101.00 |
2016-01-13 | Downgrade | Goldman Sachs | Neutral to Sell | $86.00 to $87.00 |
2015-11-22 | Reiterated Rating | Deutsche Bank | Hold | $95.00 |
2015-11-22 | Reiterated Rating | Deutsche Bank AG | Hold | $95.00 |
2015-10-27 | Upgrade | RBC Capital | Underperform to Sector Perform | $68.00 to $90.00 |
2015-10-27 | Upgrade | Royal Bank Of Canada | Underperform to Sector Perform | $68.00 to $90.00 |
2015-10-26 | Boost Price Target | BMO Capital Markets | Market Perform | $80.00 to $90.00 |
2015-10-24 | Reiterated Rating | Barclays | Hold | |
2015-10-23 | Reiterated Rating | Deutsche Bank | Hold | $84.00 to $95.00 |
2015-10-23 | Boost Price Target | JPMorgan Chase & Co. | $90.00 to $95.00 | |
2015-10-23 | Boost Price Target | Jefferies Group | $84.00 to $91.00 | |
2015-10-23 | Boost Price Target | Citigroup Inc. | $84.00 to $93.00 | |
2015-10-23 | Boost Price Target | Sanford C. Bernstein | Market Perform | $84.00 to $89.00 |
2015-10-23 | Boost Price Target | Barclays | Equal Weight | $82.00 to $88.00 |
2015-10-22 | Reiterated Rating | Susquehanna | Hold | $87.00 |
2015-10-14 | Boost Price Target | Jefferies Group | Hold | $84.00 |
2015-10-05 | Upgrade | Evercore ISI | Hold to Buy | $92.00 |
2015-10-01 | Reiterated Rating | Susquehanna | Neutral | $87.00 |
2015-07-20 | Initiated Coverage | Sterne Agee CRT | Buy | $88.00 |
2015-07-20 | Boost Price Target | Jefferies Group | Hold | $81.00 |
2015-04-24 | Set Price Target | Cowen and Company | Hold | $80.00 |
2015-04-24 | Boost Price Target | BMO Capital Markets | Market Perform | $74.00 to $80.00 |
2015-04-24 | Reiterated Rating | Citigroup Inc. | Neutral | $81.00 to $84.00 |
2015-04-24 | Boost Price Target | Jefferies Group | Hold to Hold | $75.00 to $80.00 |
2015-04-13 | Initiated Coverage | Susquehanna | Neutral | $87.00 |
2015-03-26 | Upgrade | Stifel Nicolaus | Hold to Buy | $77.17 to $90.00 |
2015-03-02 | Reiterated Rating | Morgan Stanley | Hold | |
2015-02-17 | Reiterated Rating | Citigroup Inc. | Hold | $67.00 to $81.00 |
2015-02-13 | Reiterated Rating | JPMorgan Chase & Co. | Hold | $70.00 to $84.00 |
2015-02-13 | Boost Price Target | Jefferies Group | Hold | $73.00 to $74.00 |
2015-02-13 | Boost Price Target | Deutsche Bank | Hold | $70.00 to $80.00 |
2015-02-13 | Set Price Target | Barclays | Hold | $77.00 to $80.00 |
2015-02-13 | Upgrade | Wells Fargo & Co. | Underperform to Market Perform | $75.00 |
2015-02-13 | Downgrade | Gabelli | Buy to Hold | |
2015-02-13 | Upgrade | Wells Fargo | Underperform to Market Perform | $75.00 |
2015-02-12 | Set Price Target | BTIG Research | Sell | $50.00 |
2015-01-26 | Boost Price Target | Jefferies Group | Hold | $66.00 to $73.00 |
2015-01-15 | Upgrade | Goldman Sachs | Sell to Neutral | $75.00 |
2014-12-12 | Boost Price Target | Bank of America | Neutral | $70.00 to $75.00 |
2014-12-01 | Downgrade | RBC Capital | Sector Perform to Underperform | $55.00 |
2014-10-24 | Reiterated Rating | Credit Suisse | Neutral | $62.00 to $68.00 |
2014-10-24 | Reiterated Rating | Jefferies Group | Hold | |
2014-10-24 | Reiterated Rating | Credit Suisse Group AG | Neutral | $62.00 to $68.00 |
2014-10-10 | Reiterated Rating | Bank of America | Neutral | $62.00 to $66.00 |
2014-09-15 | Initiated Coverage | Cowen and Company | Market Perform | $65.00 |
2014-07-25 | Reiterated Rating | Jefferies Group | Hold | $53.00 to $55.00 |
2014-07-25 | Reiterated Rating | Credit Suisse | Neutral | $58.00 to $62.00 |
2014-07-25 | Reiterated Rating | Deutsche Bank | Hold | $55.00 to $62.00 |
2014-07-25 | Reiterated Rating | Citigroup Inc. | Neutral | $61.00 to $64.00 |
2014-07-25 | Reiterated Rating | Barclays | Equal Weight | $60.00 to $65.00 |
2014-07-21 | Initiated Coverage | Evercore ISI | Neutral | |
2014-06-24 | Downgrade | Citigroup Inc. | Buy to Neutral | $61.00 |
2014-06-18 | Initiated Coverage | BTIG Research | Sell to Sell | $50.00 |
2014-06-09 | Initiated Coverage | Jefferies Group | Hold | $53.00 |
2014-04-28 | Upgrade | Ned Davis Research | Neutral to Buy | |
2014-04-24 | Reiterated Rating | Credit Suisse | Neutral | $58.00 |
2014-04-24 | Reiterated Rating | Citigroup Inc. | Buy | $61.00 |
2014-04-24 | Reiterated Rating | Barclays | Equal Weight | $56.00 |
2014-04-24 | Boost Price Target | JPMorgan Chase & Co. | $54.00 to $58.00 | |
2014-04-24 | Boost Price Target | Deutsche Bank | Hold | $51.00 to $55.00 |
2014-04-24 | Boost Price Target | RBC Capital | Sector Perform | $48.00 to $50.00 |
2014-04-08 | Downgrade | Wells Fargo & Co. | Market Perform to Underperform | $47.00 to $49.00 |
2014-04-08 | Downgrade | Wells Fargo | Market Perform to Underperform | $47.00 to $49.00 |
2014-02-13 | Boost Price Target | Barclays | Equal Weight | $48.00 to $52.00 |
2013-12-12 | Initiated Coverage | Janney Montgomery Scott | Buy | $55.00 |
2013-11-25 | Initiated Coverage | RBC Capital | Sector Perform | $48.00 |
2013-10-11 | Downgrade | Wells Fargo & Co. | Outperform to Market Perform | |
2013-10-11 | Downgrade | Wells Fargo | Outperform to Market Perform | |
2013-09-19 | Downgrade | Goldman Sachs | Neutral to Sell | $48.00 to $45.00 |
2012-07-27 | Reiterated | UBS | Neutral | $43 to $45 |
2011-10-27 | Reiterated | Barclays Capital | Equal Weight | $43 to $40 |
2011-04-15 | Downgrade | Deutsche Bank | Buy to Hold | $60 to $60 |
2010-06-09 | Reiterated | Stifel Nicolaus | Buy | $38 to $40 |
2010-03-11 | Upgrade | UBS | Neutral to Buy | $31 to $42 |
2010-01-28 | Initiated | Davenport | Buy | |
2009-12-09 | Reiterated | Barclays Capital | Overweight | $32 to $33 |
2009-10-12 | Downgrade | Deutsche Securities | Buy to Hold | $31 to $32 |
2016-06-29 | Lower Price Target | Goldman Sachs | Sell | $90.00 to $89.00 |
2016-06-29 | Lower Price Target | Goldman Sachs Group Inc. | Sell | $90.00 to $89.00 |
2016-05-17 | Reiterated Rating | Credit Agricole | Outperform | |
2016-05-17 | Reiterated Rating | Credit Agricole SA | Outperform | |
2016-04-28 | Reiterated Rating | BMO Capital Markets | Hold |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In DPS 63 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Institutional Trust Company, N.A. | 6.51M |
BlackRock Fund Advisors | 4.68M |
BlackRock Group LTD | 2.34M |
BLACKROCK ADVISORS LLC | 1.18M |
BlackRock Investment Management, LLC | 1.07M |
EDGE ASSET MANAGEMENT, INC | 0.62M |
JANUS CAPITAL MANAGEMENT LLC | 0.62M |
CITY NATIONAL BANK | 0.53M |
Perkins Investment Management, LLC | 0.52M |
RUSSELL FRANK CO/ | 0.50M |
MANAGED ACCOUNT ADVISORS LLC | 0.47M |
BlackRock Japan Co. Ltd | 0.43M |
I.G. INVESTMENT MANAGEMENT, LTD. | 0.25M |
NATIONAL PENN INVESTORS TRUST CO /PA | 0.11M |
FNY Managed Accounts LLC | 86855 |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
YOUNG LARRY D President & CEO | 0.11% (221341) | DPS / |
Collins Rodger L. Executive Vice President | 0.06% (110299) | DPS / |
Baldwin James L. JR Executive Vice President | 0.05% (91577) | DPS / |
ELLEN MARTIN M Executive Vice President & CFO | 0.04% (78653) | DPS / EXP / |
Thomas David Executive Vice President | 0.02% (39927) | DPS / |
ADAMS JOHN L | 0.02% (37552) | DPS / GPI / TRN / |
SANDERS WAYNE R | 0.02% (37211) | DPS / TXN / |
STAHL JACK L | 0.01% (27210) | COTY / CTLT / DPS / |
Johnston James J. JR Executive Vice President | 0.01% (23713) | DPS / |
MARTIN TERENCE D | 0.01% (20066) | DPS / |
Barry Tina Executive Vice President | 0.01% (19215) | DPS / |
SZOSTAK M ANNE | 0.01% (18240) | DPS / IDXX / TUP / |
Rogers Ronald G. | 0.01% (16232) | DPS / |
Alexander David E | 0.01% (15961) | DPS / |
PATSLEY PAMELA H | 0.01% (15713) | DPS / MGI / TXN / |
Weinstein Michael Feder | 0.01% (13726) | BOBE / DPS / |
ROCHE JOYCE M | 0.01% (13147) | DPS / M / T / TUP / |