Keystone Investors PTE Ltd. Sells 72,696 Shares of Dutch Bros Inc. $BROS

Keystone Investors PTE Ltd. trimmed its position in shares of Dutch Bros Inc. (NYSE:BROS) by 95.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,580 shares of the company’s stock after selling 72,696 shares during the period. Keystone Investors PTE Ltd.’s holdings in Dutch Bros were worth $219,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of BROS. Integrated Wealth Concepts LLC bought a new position in shares of Dutch Bros during the first quarter valued at about $318,000. Empowered Funds LLC raised its stake in shares of Dutch Bros by 15.9% during the first quarter. Empowered Funds LLC now owns 33,843 shares of the company’s stock valued at $2,089,000 after acquiring an additional 4,633 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Dutch Bros by 7.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 305,714 shares of the company’s stock valued at $18,875,000 after acquiring an additional 22,323 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of Dutch Bros by 24.2% during the second quarter. California Public Employees Retirement System now owns 198,895 shares of the company’s stock valued at $13,598,000 after acquiring an additional 38,697 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Dutch Bros by 6.6% during the second quarter. State Street Corp now owns 1,978,441 shares of the company’s stock valued at $135,266,000 after acquiring an additional 121,683 shares during the last quarter. 85.54% of the stock is owned by institutional investors.

Trending Headlines about Dutch Bros

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

• Positive Sentiment: Dutch Bros remains a growth story, with analysts such as TD Cowen, RBC, UBS, and KeyCorp maintaining bullish ratings and a consensus target price around $76, implying continued confidence in the company’s expansion and earnings outlook.
• Positive Sentiment: The company’s recent quarterly results showed revenue growth of 30.7% year over year and EPS that matched Wall Street expectations, reinforcing the market’s view that Dutch Bros is still executing well operationally.
• Positive Sentiment: Dutch Bros also highlighted community engagement with a “give back” promotion tied to No Kid Hungry, while continuing to open new shops, which supports the long-term growth narrative.
• Neutral Sentiment: Several insider transactions were disclosed, including CEO Christine Barone selling 42,031 shares and Chairman Travis Boersma selling about 1.5 million shares across two June 10-11 trades, along with a large shareholder trimming roughly 522,000 shares total; all were executed under Rule 10b5-1 plans, which can signal planned diversification rather than a change in outlook.
• Negative Sentiment: The size of the insider selling may weigh on sentiment in the near term, as investors often view heavy executive selling as a caution signal even when the sales are pre-scheduled.
• Negative Sentiment: Short-seller attention has also increased, adding to pressure on BROS by suggesting some traders are betting the stock’s strong run may be overstretched.

Insider Buying and Selling

In other Dutch Bros news, Chairman Travis Boersma sold 750,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $63.02, for a total transaction of $47,265,000.00. Following the completion of the transaction, the chairman owned 2,410,800 shares of the company’s stock, valued at approximately $151,928,616. This trade represents a 23.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Dm Individual Aggregator, Llc sold 261,055 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $63.02, for a total transaction of $16,451,686.10. Following the transaction, the insider directly owned 2,410,800 shares of the company’s stock, valued at $151,928,616. This represents a 9.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 4,086,245 shares of company stock valued at $243,021,771 in the last ninety days. Insiders own 38.90% of the company’s stock.

Dutch Bros Price Performance

Shares of NYSE BROS opened at $65.91 on Friday. Dutch Bros Inc. has a fifty-two week low of $44.58 and a fifty-two week high of $74.65. The company has a 50 day simple moving average of $54.88 and a two-hundred day simple moving average of $56.05. The company has a market capitalization of $11.51 billion, a price-to-earnings ratio of 102.99, a P/E/G ratio of 2.11 and a beta of 2.36. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.19 and a current ratio of 1.33.

Dutch Bros (NYSE:BROS) last announced its earnings results on Wednesday, May 6th. The company reported $0.16 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.16. Dutch Bros had a net margin of 4.61% and a return on equity of 9.42%. The business had revenue of $464.41 million during the quarter, compared to the consensus estimate of $449.70 million. During the same quarter last year, the firm earned $0.14 earnings per share. The business’s revenue for the quarter was up 30.7% on a year-over-year basis. Analysts expect that Dutch Bros Inc. will post 0.84 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BROS. Piper Sandler increased their price target on shares of Dutch Bros from $59.00 to $61.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Citigroup increased their price target 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. Oppenheimer began coverage on shares of Dutch Bros in a research note on Friday, May 1st. They issued an “outperform” rating and a $72.00 price target for the company. The Goldman Sachs Group raised shares of Dutch Bros from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a research note on Monday, March 2nd. Finally, Morgan Stanley reissued an “overweight” rating and issued a $87.00 price target on shares of Dutch Bros in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.