Dutch Bros Inc. (NYSE:BROS – Get Free Report) major shareholder Dm Individual Aggregator, Llc sold 142,023 shares of the business’s stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $44.03, for a total value of $6,253,272.69. Following the completion of the sale, the insider owned 2,218,068 shares of the company’s stock, valued at $97,661,534.04. This trade represents a 6.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.
Dm Individual Aggregator, Llc also recently made the following trade(s):
- On Friday, October 30th, Dm Individual Aggregator, Llc sold 20,008 shares of Dutch Bros stock. The shares were sold at an average price of $44.09, for a total value of $882,152.72.
- On Tuesday, October 20th, Dm Individual Aggregator, Llc sold 50,709 shares of Dutch Bros stock. The stock was sold at an average price of $44.01, for a total value of $2,231,703.09.
Dutch Bros Stock Performance
Shares of BROS opened at $42.92 on Friday. The stock has a market capitalization of $7.50 billion, a PE ratio of 59.61, a price-to-earnings-growth ratio of 1.37 and a beta of 2.31. The business’s fifty day moving average price is $42.55 and its 200 day moving average price is $53.43. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.35 and a quick ratio of 1.19. Dutch Bros Inc. has a 12-month low of $36.51 and a 12-month high of $74.02.
Dutch Bros (NYSE:BROS – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.04. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. The firm had revenue of $550.85 million during the quarter, compared to analyst estimates of $525.38 million. During the same quarter in the previous year, the firm earned $0.26 earnings per share. The firm’s revenue for the quarter was up 32.5% compared to the same quarter last year. Equities research analysts forecast that Dutch Bros Inc. will post 0.88 EPS for the current year.
Institutional Investors Weigh In On Dutch Bros
Several hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP grew its holdings in Dutch Bros by 38.0% during the 2nd quarter. Wellington Management Group LLP now owns 3,090,882 shares of the company’s stock worth $221,956,000 after acquiring an additional 851,075 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new stake in Dutch Bros in the 1st quarter valued at about $33,569,000. Hyperion Asset Management Ltd raised its position in Dutch Bros by 104.4% in the 3rd quarter. Hyperion Asset Management Ltd now owns 1,222,532 shares of the company’s stock worth $47,141,000 after purchasing an additional 624,488 shares during the last quarter. Bank of America Corp DE raised its position in shares of Dutch Bros by 33.4% during the first quarter. Bank of America Corp DE now owns 1,814,815 shares of the company’s stock worth $91,939,000 after acquiring an additional 454,036 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Dutch Bros by 58.1% in the 1st quarter. Bank of New York Mellon Corp now owns 1,044,545 shares of the company’s stock valued at $52,917,000 after purchasing an additional 384,011 shares during the last quarter. 85.54% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on BROS shares. Citigroup cut their price objective on shares of Dutch Bros from $86.00 to $69.00 and set a “buy” rating on the stock in a research note on Wednesday, October 21st. Jefferies Financial Group decreased their target price on shares of Dutch Bros from $75.00 to $60.00 and set an “overweight” rating for the company in a research report on Tuesday, September 29th. DA Davidson lowered their target price on shares of Dutch Bros from $85.00 to $60.00 and set a “buy” rating on the stock in a research note on Monday, September 28th. Robert W. Baird dropped their price target on shares of Dutch Bros from $82.00 to $60.00 and set an “outperform” rating on the stock in a research report on Friday, October 2nd. Finally, Melius Research reduced their price target on shares of Dutch Bros from $95.00 to $70.00 and set a “buy” rating for the company in a research note on Friday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $66.08.
View Our Latest Stock Analysis on BROS
Key Headlines Impacting Dutch Bros
Here are the key news stories impacting Dutch Bros this week:
- Positive Sentiment: Dutch Bros continues expanding its drive-thru footprint and is reportedly entering three additional cities. Continued unit growth supports the company’s long-term revenue opportunity, although expansion also requires substantial investment. Dutch Bros is expanding to 3 cities
- Positive Sentiment: Mizuho retained its “outperform” rating and set a revised $65 price target, which remains materially above the referenced share price. The continued bullish rating suggests the analyst sees growth potential despite the target reduction. Mizuho changes Dutch Bros price target
- Neutral Sentiment: Dutch Bros is attracting elevated attention on Zacks, but the report primarily recaps factors investors should monitor rather than announcing a new catalyst. Dutch Bros attracting investor attention
- Neutral Sentiment: Recent comparisons with Monster Beverage and Wendy’s focus on Dutch Bros’ faster expansion versus competitors’ profitability, distribution, or turnaround prospects. These articles may raise visibility but do not change the company’s fundamentals. Dutch Bros versus Monster Beverage
- Neutral Sentiment: The company raised $160,000 for an Oregon elementary school. The effort is favorable for community goodwill but is unlikely to materially affect earnings or valuation. Dutch Bros raises $160,000
- Negative Sentiment: Mizuho lowered its price target from $80 to $65. Although the analyst remains positive, the 19% target reduction may weigh on sentiment and signals more cautious expectations for valuation or growth. Mizuho lowers Dutch Bros price target
- Negative Sentiment: A vehicle crashed into the Fair Oaks location, temporarily closing the store. The incident appears isolated, but could cause short-term disruption and repair costs. Fair Oaks Dutch Bros closed after crash
About Dutch Bros
Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. The company is known for its made-to-order drinks, fast service and community-focused brand.
Its menu includes hot, iced and blended coffee beverages, along with specialty drinks such as energy drinks, teas, lemonades, smoothies and other noncoffee refreshments. Dutch Bros also offers packaged products and branded merchandise through select locations and digital channels.
Dutch Bros was founded in 1992 in Grants Pass, Oregon, by brothers Dane and Travis Boersma.
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