1492 Capital Management LLC Takes $1.19 Million Position in Dutch Bros Inc. $BROS

1492 Capital Management LLC acquired a new stake in shares of Dutch Bros Inc. (NYSE:BROS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 19,476 shares of the company’s stock, valued at approximately $1,192,000.

A number of other institutional investors have also recently added to or reduced their stakes in BROS. Integrated Wealth Concepts LLC bought a new stake in Dutch Bros in the first quarter worth about $318,000. Empowered Funds LLC lifted its holdings in Dutch Bros by 15.9% in the 1st 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 boosted its position in shares of Dutch Bros by 7.9% during the 1st 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 purchasing an additional 22,323 shares in the last quarter. California Public Employees Retirement System lifted its stake in 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 purchasing an additional 38,697 shares during the last quarter. Finally, State Street Corp boosted its holdings in Dutch Bros by 6.6% during the second quarter. State Street Corp now owns 1,978,441 shares of the company’s stock worth $135,266,000 after buying an additional 121,683 shares in the last quarter. 85.54% of the stock is currently owned by institutional investors and hedge funds.

Dutch Bros Trading Down 2.1%

NYSE:BROS opened at $56.63 on Thursday. The stock has a market cap of $9.89 billion, a PE ratio of 88.48, a price-to-earnings-growth ratio of 1.88 and a beta of 2.36. Dutch Bros Inc. has a fifty-two week low of $44.58 and a fifty-two week high of $77.88. 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 stock’s 50-day moving average is $53.50 and its two-hundred day moving average is $55.71.

Dutch Bros (NYSE:BROS) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.16 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.16. The business had revenue of $464.41 million during the quarter, compared to analyst estimates of $449.70 million. Dutch Bros had a net margin of 4.61% and a return on equity of 9.42%. The firm’s revenue was up 30.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.14 earnings per share. As a group, equities research analysts forecast that Dutch Bros Inc. will post 0.84 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. DA Davidson restated a “buy” rating and issued a $75.00 price target on shares of Dutch Bros in a research report on Monday. Citigroup boosted their target price on Dutch Bros from $84.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Piper Sandler upped their target price on Dutch Bros from $59.00 to $61.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Oppenheimer assumed coverage on shares of Dutch Bros in a report on Friday, May 1st. They issued an “outperform” rating and a $72.00 target price for the company. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Dutch Bros in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $76.00.

Insider Buying and Selling

In other Dutch Bros news, major shareholder Dm Individual Aggregator, Llc sold 155,692 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $58.26, for a total value of $9,070,615.92. Following the transaction, the insider directly owned 2,932,909 shares of the company’s stock, valued at $170,871,278.34. This represents a 5.04% decrease in their position. 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, Chairman Travis Boersma sold 447,299 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $58.26, for a total value of $26,059,639.74. Following the completion of the sale, the chairman directly owned 2,932,909 shares of the company’s stock, valued at approximately $170,871,278.34. The trade was a 13.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 2,022,106 shares of company stock worth $115,725,491. Corporate insiders own 38.90% of the company’s stock.

More Dutch Bros News

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

• Positive Sentiment: UBS reportedly named Dutch Bros its favorite restaurant stock, reinforcing a bullish view on the company’s growth outlook and helping support sentiment around BROS. Dutch Bros is the favorite restaurant stock at UBS
• Positive Sentiment: Management highlighted an aggressive expansion plan at the William Blair Growth Stock Conference, with CEO comments pointing to a goal of 2,029 shops by 2029, which signals continued unit growth and market-share expansion. Dutch Bros Inc. (BROS) Presents at 46th Annual William Blair Growth Stock Conference Transcript
• Positive Sentiment: The company is also continuing geographic expansion, including plans to open its first central Ohio location this year, which supports the growth narrative investors have been rewarding. Dutch Bros to open first central Ohio location this year
• Neutral Sentiment: Recent conference comments and media coverage reinforce Dutch Bros’ long-term expansion strategy, but they did not add fresh financial results or near-term guidance changes. Dutch Bros conference transcript
• Negative Sentiment: Chairman Travis Boersma sold a large block of shares, which can weigh on investor confidence even though the trades were made under a pre-arranged 10b5-1 plan. SEC filing for Travis Boersma sale
• Negative Sentiment: Large shareholder Dm Individual Aggregator LLC also sold shares in multiple transactions, adding to the overhang from insider selling and potentially pressuring sentiment on BROS. SEC filing for Dm Individual Aggregator LLC sale

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.