Quantitative Investment Management LLC purchased a new position in shares of Dutch Bros Inc. (NYSE:BROS – Free Report) in the second quarter, HoldingsChannel reports. The firm purchased 12,012 shares of the company’s stock, valued at approximately $862,000.
Other hedge funds have also modified their holdings of the company. Osterweis Capital Management Inc. acquired a new stake in shares of Dutch Bros during the 2nd quarter worth about $27,000. Ancora Advisors LLC acquired a new position in Dutch Bros in the second quarter valued at about $29,000. Rakuten Securities Inc. boosted its stake in Dutch Bros by 557.4% during the second quarter. Rakuten Securities Inc. now owns 447 shares of the company’s stock worth $31,000 after buying an additional 379 shares during the period. Ankerstar Wealth LLC purchased a new position in Dutch Bros during the fourth quarter worth about $31,000. Finally, Quarry LP increased its position in shares of Dutch Bros by 83.5% during the fourth quarter. Quarry LP now owns 600 shares of the company’s stock valued at $37,000 after acquiring an additional 273 shares during the last quarter. 85.54% of the stock is currently owned by hedge funds and other institutional investors.
Dutch Bros Stock Down 5.1%
Shares of BROS opened at $46.35 on Wednesday. The stock has a market capitalization of $8.10 billion, a PE ratio of 64.38, a P/E/G ratio of 1.74 and a beta of 2.28. Dutch Bros Inc. has a 1 year low of $44.58 and a 1 year high of $74.02. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.19 and a current ratio of 1.35. The company’s 50-day simple moving average is $60.67 and its 200-day simple moving average is $56.63.
Analysts Set New Price Targets
BROS has been the topic of a number of research analyst reports. KeyCorp boosted their price target on shares of Dutch Bros from $77.00 to $79.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Stephens reaffirmed an “overweight” rating and set a $80.00 price objective on shares of Dutch Bros in a research report on Thursday, August 6th. Robert W. Baird upgraded shares of Dutch Bros to a “strong-buy” rating in a report on Monday, August 24th. Citigroup reissued a “buy” rating on shares of Dutch Bros in a research report on Thursday, August 6th. Finally, Piper Sandler raised their price target on Dutch Bros from $61.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, June 22nd. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $77.15.
Read Our Latest Stock Analysis on BROS
Dutch Bros News Summary
Here are the key news stories impacting Dutch Bros this week:
- Positive Sentiment: Dutch Bros is evaluating a new location as part of a planned Osceola County, Florida, development, supporting the company’s long-term unit-growth strategy. Portillo’s and Dutch Bros eye new Osceola County development
- Positive Sentiment: Reports also highlight Dutch Bros’ continuing expansion in the Columbia, South Carolina, area, reinforcing its broader store-opening momentum. Dutch Bros Coffee quickly expands in the Columbia area
- Neutral Sentiment: Dutch Bros withdrew an application for a downtown Des Moines drive-thru. The move may reflect disciplined site selection, but it also removes one potential near-term growth location. Dutch Bros withdraws application for downtown Des Moines drive-thru
- Negative Sentiment: 7 Brew won an auction for 73 shuttered Salad and Go sites after outbidding Dutch Bros. The loss limits a potentially faster and lower-cost path to expansion and underscores intensifying competition in the drive-thru coffee market. Coffee chain 7 Brew wins auction for shuttered Salad and Go sites
- Negative Sentiment: Market coverage says the sell-off followed Dutch Bros’ strong second-quarter results—revenue rose 32.5% and guidance was raised—but investors focused on softer third-quarter same-shop sales guidance. Broader macroeconomic headwinds and the stock’s elevated valuation are adding pressure. Dutch Bros Stock Slides Tuesday: What’s Going On?
- Negative Sentiment: A comparison with Starbucks cited stronger traffic, margin recovery and earnings revisions for Starbucks, while Dutch Bros faces cost and valuation concerns. Starbucks vs. Dutch Bros: Which Coffee Stock Has the Edge?
Insider Buying and Selling at Dutch Bros
In other Dutch Bros news, CEO Christine Barone sold 42,031 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $60.13, for a total value of $2,527,324.03. Following the completion of the transaction, the chief executive officer owned 44,573 shares of the company’s stock, valued at $2,680,174.49. This trade represents a 48.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Todd Allan Penegor purchased 2,000 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was acquired at an average price of $51.56 per share, with a total value of $103,120.00. Following the purchase, the director owned 7,358 shares of the company’s stock, valued at approximately $379,378.48. This represents a 37.33% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold 2,064,139 shares of company stock valued at $127,296,280 in the last quarter. Corporate insiders own 38.90% of the company’s stock.
About Dutch Bros
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.
Recommended Stories
- Five stocks we like better than Dutch Bros
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Want to see what other hedge funds are holding BROS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dutch Bros Inc. (NYSE:BROS – Free Report).
Receive News & Ratings for Dutch Bros Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dutch Bros and related companies with MarketBeat.com's FREE daily email newsletter.
