Dutch Bros Inc. $BROS Shares Sold by Deepwater Asset Management LLC

Deepwater Asset Management LLC reduced its stake in shares of Dutch Bros Inc. (NYSE:BROS) by 23.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 179,106 shares of the company’s stock after selling 54,735 shares during the period. Dutch Bros makes up approximately 3.2% of Deepwater Asset Management LLC’s investment portfolio, making the stock its 14th biggest holding. Deepwater Asset Management LLC’s holdings in Dutch Bros were worth $10,965,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BROS. Westfield Capital Management Co. LP acquired a new stake in shares of Dutch Bros during the fourth quarter worth $108,948,000. Norges Bank acquired a new stake in shares of Dutch Bros during the fourth quarter worth $96,951,000. Balyasny Asset Management L.P. lifted its stake in shares of Dutch Bros by 196.0% during the third quarter. Balyasny Asset Management L.P. now owns 1,817,201 shares of the company’s stock worth $95,112,000 after buying an additional 1,203,338 shares during the period. Amundi lifted its stake in shares of Dutch Bros by 90.4% during the third quarter. Amundi now owns 1,390,216 shares of the company’s stock worth $68,162,000 after buying an additional 660,036 shares during the period. Finally, Freestone Grove Partners LP acquired a new stake in shares of Dutch Bros during the third quarter worth $30,921,000. 85.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, major shareholder Dm Individual Aggregator, Llc sold 189,655 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $56.21, for a total transaction of $10,660,507.55. Following the completion of the transaction, the insider owned 3,265,362 shares of the company’s stock, valued at $183,545,998.02. This trade represents a 5.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Todd Allan Penegor bought 2,000 shares of Dutch Bros stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average cost of $51.17 per share, with a total value of $102,340.00. Following the acquisition, the director owned 5,358 shares of the company’s stock, valued at $274,168.86. The trade was a 59.56% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 2,022,106 shares of company stock valued at $115,725,491 over the last 90 days. Insiders own 38.90% of the company’s stock.

Dutch Bros Trading Down 0.1%

Shares of Dutch Bros stock opened at $55.45 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.33 and a quick ratio of 1.19. The firm has a fifty day moving average price of $53.65 and a 200 day moving average price of $55.76. Dutch Bros Inc. has a 1 year low of $44.58 and a 1 year high of $74.66. The stock has a market cap of $9.68 billion, a PE ratio of 86.65, a price-to-earnings-growth ratio of 1.80 and a beta of 2.36.

Dutch Bros (NYSE:BROS) last issued its earnings results on Wednesday, May 6th. The company reported $0.16 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.16. Dutch Bros had a net margin of 4.61% and a return on equity of 9.42%. The firm had revenue of $464.41 million during the quarter, compared to analysts’ expectations of $449.70 million. During the same quarter last year, the company posted $0.14 earnings per share. The firm’s revenue was up 30.7% compared to the same quarter last year. Equities research analysts predict that Dutch Bros Inc. will post 0.84 earnings per share for the current year.

Dutch Bros News Summary

Here are the key news stories impacting Dutch Bros this week:

• Positive Sentiment: Reports suggest Dutch Bros is continuing to attract customers even as beverage competition intensifies, with one industry piece saying the chain is “winning traffic,” which supports the case for sustained sales momentum. As Beverage Competition Heats Up, Dutch Bros Keeps Winning Traffic
• Positive Sentiment: Coverage of Dutch Bros bringing “broistas” to four states in June points to continued unit growth and brand expansion, both of which can help support revenue growth expectations. Dutch Bros bringing broistas to these 4 states in June. See locations
• Positive Sentiment: A local report that a Bellingham pizza shop is closing to make room for a proposed Dutch Bros location suggests the company is still securing new real estate for future growth. Bellingham pizza shop closing permanently, making space for proposed Dutch Bros
• Neutral Sentiment: A Zacks article noted Dutch Bros has risen about 4.5% since its last earnings report and asked whether the move can continue, reflecting ongoing debate around valuation and momentum rather than a new catalyst. Dutch Bros (BROS) Up 4.5% Since Last Earnings Report: Can It Continue?
• Neutral Sentiment: General consumer-focused articles about trying Dutch Bros for the first time add to brand awareness, but they are unlikely to materially change near-term fundamentals. Let’s try Dutch Bros for the first time – is it worth the hype?
• Neutral Sentiment: Commentary that Dutch Bros is not afraid of growing beverage competition reinforces the company’s competitive positioning, but it is mostly narrative-driven and not a direct financial catalyst. Dutch Bros isn’t afraid of growing beverage competition
• Negative Sentiment: Multiple reports highlighted insider share sales, including transactions tied to Travis Boersma and DM Individual Aggregator, which can weigh on investor sentiment if seen as reduced confidence in near-term upside. Travis Boersma Sells 447,299 Shares of Dutch Bros (NYSE:BROS) Stock

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. DA Davidson reiterated a “buy” rating and set a $75.00 price objective on shares of Dutch Bros in a research note on Monday, June 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Dutch Bros in a research note on Monday, April 20th. Citigroup lifted their price objective on shares of Dutch Bros from $84.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Telsey Advisory Group assumed coverage on shares of Dutch Bros in a research note on Wednesday, April 8th. They set an “outperform” rating and a $66.00 price objective for the company. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Dutch Bros in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $76.00.

Dutch Bros Profile

Dutch Bros Coffee, trading on the NYSE under the ticker BROS, is an American drive-through coffee chain known for its quick-service model and community-focused brand. Founded in 1992 by brothers Dane and Travis Boersma in Grants Pass, Oregon, the company began as a single coffee stand and has since expanded its footprint across numerous U.S. markets. Dutch Bros specializes in handcrafted espresso drinks, drip coffee, cold brew, energy drinks, smoothies, teas, and a variety of signature “Dutch Freeze” and “Dutch Frost” blended beverages.

The company operates a mix of company-owned and franchised locations, placing a strong emphasis on speed and customer engagement.