Baldwin Investment Management LLC Grows Position in Dutch Bros Inc. $BROS

Baldwin Investment Management LLC lifted its position in shares of Dutch Bros Inc. (NYSE:BROS) by 157.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,535 shares of the company’s stock after purchasing an additional 10,715 shares during the period. Baldwin Investment Management LLC’s holdings in Dutch Bros were worth $1,073,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in Dutch Bros by 56.5% in the third quarter. Envestnet Asset Management Inc. now owns 109,530 shares of the company’s stock valued at $5,733,000 after acquiring an additional 39,561 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Dutch Bros by 31.6% in the third quarter. JPMorgan Chase & Co. now owns 204,705 shares of the company’s stock valued at $10,714,000 after acquiring an additional 49,194 shares in the last quarter. Thornburg Investment Management Inc. raised its holdings in Dutch Bros by 143.9% in the third quarter. Thornburg Investment Management Inc. now owns 77,711 shares of the company’s stock valued at $4,067,000 after acquiring an additional 45,847 shares in the last quarter. Magnetar Financial LLC raised its holdings in Dutch Bros by 107.2% in the third quarter. Magnetar Financial LLC now owns 140,590 shares of the company’s stock valued at $7,358,000 after acquiring an additional 72,751 shares in the last quarter. Finally, M&T Bank Corp raised its holdings in Dutch Bros by 1,559.3% in the fourth quarter. M&T Bank Corp now owns 97,334 shares of the company’s stock valued at $5,959,000 after acquiring an additional 91,468 shares in the last quarter. 85.54% of the stock is owned by institutional investors and hedge funds.

Dutch Bros Stock Up 1.4%

Shares of BROS stock opened at $65.91 on Friday. The stock has a market cap of $11.51 billion, a P/E ratio of 102.99, a price-to-earnings-growth ratio of 2.14 and a beta of 2.36. Dutch Bros Inc. has a one year low of $44.58 and a one year high of $74.65. The stock has a fifty day moving average price of $54.88 and a 200 day moving average price of $56.05. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.33 and a quick ratio of 1.19.

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

Insider Buying and Selling at Dutch Bros

In other news, major shareholder Dm Individual Aggregator, Llc sold 261,055 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $63.02, for a total value of $16,451,686.10. Following the completion of the sale, the insider directly owned 2,410,800 shares in the company, valued at approximately $151,928,616. This trade represents a 9.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Travis Boersma sold 750,000 shares of Dutch Bros stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $63.02, for a total value of $47,265,000.00. Following the completion of the sale, the chairman owned 2,410,800 shares of the company’s stock, valued at approximately $151,928,616. The trade was a 23.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 over the last quarter. Corporate insiders own 38.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on BROS. Wolfe Research began coverage on shares of Dutch Bros in a research note on Monday, March 9th. They set an “outperform” rating and a $77.00 target price for the company. TD Cowen reiterated a “buy” rating and set a $73.00 target price on shares of Dutch Bros in a research note on Wednesday. Piper Sandler boosted their target price on shares of Dutch Bros from $59.00 to $61.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. UBS Group reiterated a “buy” rating on shares of Dutch Bros in a research note on Wednesday, May 20th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $87.00 target price 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 assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Dutch Bros currently has a consensus rating of “Moderate Buy” and an average target price of $76.00.

Key Headlines Impacting 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.

Dutch Bros Company 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.