VestGen Advisors LLC Increases Holdings in Dutch Bros Inc. $BROS

VestGen Advisors LLC lifted its stake in shares of Dutch Bros Inc. (NYSE:BROS) by 22.1% during the second quarter, HoldingsChannel.com reports. The firm owned 74,124 shares of the company’s stock after purchasing an additional 13,437 shares during the quarter. VestGen Advisors LLC’s holdings in Dutch Bros were worth $5,068,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in BROS. Kiker Wealth Management LLC grew its holdings in Dutch Bros by 4,423.1% during the 2nd quarter. Kiker Wealth Management LLC now owns 588 shares of the company’s stock valued at $40,000 after buying an additional 575 shares in the last quarter. Banque Transatlantique SA bought a new position in shares of Dutch Bros in the first quarter valued at approximately $38,000. Stone House Investment Management LLC purchased a new position in Dutch Bros during the first quarter valued at approximately $54,000. AdvisorNet Financial Inc increased its holdings in Dutch Bros by 100.0% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,000 shares of the company’s stock worth $68,000 after acquiring an additional 500 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Dutch Bros during the 2nd quarter worth approximately $76,000. Institutional investors own 85.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wells Fargo & Company reduced their price target on shares of Dutch Bros from $80.00 to $70.00 and set an “overweight” rating for the company in a research report on Thursday, October 16th. Mizuho raised Dutch Bros to a “strong-buy” rating in a research note on Tuesday, October 28th. Stifel Nicolaus reduced their target price on Dutch Bros from $82.00 to $75.00 and set a “buy” rating for the company in a research report on Friday, October 31st. The Goldman Sachs Group lowered their price target on Dutch Bros from $81.00 to $72.00 and set a “neutral” rating on the stock in a report on Tuesday, September 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Dutch Bros in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Dutch Bros presently has a consensus rating of “Moderate Buy” and a consensus target price of $76.72.

Insider Buying and Selling

In other news, major shareholder Dm Individual Aggregator, Llc sold 648,089 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $55.44, for a total value of $35,930,054.16. Following the completion of the sale, the insider directly owned 9,817 shares in the company, valued at approximately $544,254.48. The trade was a 98.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Travis Boersma sold 1,678,616 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $55.44, for a total transaction of $93,062,471.04. Following the completion of the sale, the chairman directly owned 9,817 shares of the company’s stock, valued at $544,254.48. This trade represents a 99.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 3,465,214 shares of company stock valued at $189,800,291 in the last 90 days. 42.40% of the stock is currently owned by corporate insiders.

Dutch Bros Stock Up 0.7%

BROS opened at $58.69 on Friday. The business’s fifty day simple moving average is $54.25 and its 200 day simple moving average is $62.28. Dutch Bros Inc. has a 52 week low of $47.16 and a 52 week high of $86.88. The company has a quick ratio of 1.32, a current ratio of 1.52 and a debt-to-equity ratio of 0.68. The stock has a market cap of $9.66 billion, a PE ratio of 117.38, a P/E/G ratio of 3.02 and a beta of 2.56.

Dutch Bros (NYSE:BROS) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The firm had revenue of $423.58 million during the quarter, compared to analyst estimates of $414.81 million. Dutch Bros had a return on equity of 8.91% and a net margin of 4.04%.The company’s revenue was up 25.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 earnings per share. Dutch Bros has set its FY 2025 guidance at EPS. As a group, research analysts expect that Dutch Bros Inc. will post 0.57 earnings per share for the current fiscal year.

Dutch Bros Profile

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.