Key Points
- Chairman Travis Boersma sold 408,023 Dutch Bros shares at an average price of $44.03, generating approximately $18.0 million. The transaction, conducted under a pre-arranged Rule 10b5-1 plan, reduced his direct holdings by 15.54%.
- Dutch Bros shares opened at $42.92, with the stock trading well below its 52-week high of $74.02 and its 200-day moving average of $53.43. The company recently exceeded quarterly earnings and revenue expectations, reporting $0.33 EPS and $550.85 million in revenue, up 32.5% year over year.
- Analysts remain broadly positive, with a “Moderate Buy” consensus and an average price target of $66.08, although several firms recently lowered their targets. Mizuho, for example, cut its target from $80 to $65 while maintaining an “outperform” rating.
Dutch Bros Inc. (NYSE:BROS - Get Free Report) major shareholder Dm Individual Aggregator, Llc sold 20,008 shares of the company's stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $44.09, for a total value of $882,152.72. Following the sale, the insider owned 2,198,060 shares in the company, valued at approximately $96,912,465.40. This represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Major shareholders that own more than 10% of a company's shares are required to disclose their sales and purchases with the SEC.
Dm Individual Aggregator, Llc also recently made the following trade(s):
- On Thursday, October 29th, Dm Individual Aggregator, Llc sold 142,023 shares of Dutch Bros stock. The stock was sold at an average price of $44.03, for a total transaction of $6,253,272.69.
- On Tuesday, October 20th, Dm Individual Aggregator, Llc sold 50,709 shares of Dutch Bros stock. The shares were sold at an average price of $44.01, for a total transaction of $2,231,703.09.
Dutch Bros Price Performance
Shares of NYSE:BROS opened at $42.92 on Friday. The company has a 50 day moving average of $42.55 and a 200 day moving average of $53.43. The stock has a market cap of $7.50 billion, a P/E ratio of 59.61, a P/E/G ratio of 1.37 and a beta of 2.31. Dutch Bros Inc. has a 12 month low of $36.51 and a 12 month high of $74.02. The company has a current ratio of 1.35, a quick ratio of 1.19 and a debt-to-equity ratio of 0.20.
Dutch Bros (NYSE:BROS - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.29 by $0.04. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. The business had revenue of $550.85 million for the quarter, compared to analyst estimates of $525.38 million. During the same quarter in the prior year, the firm posted $0.26 EPS. Dutch Bros's revenue was up 32.5% on a year-over-year basis. As a group, sell-side analysts forecast that Dutch Bros Inc. will post 0.88 EPS for the current fiscal year.
Institutional Trading of Dutch Bros
A number of hedge funds have recently made changes to their positions in the stock. Wellington Management Group LLP increased its stake in Dutch Bros by 38.0% in the second quarter. Wellington Management Group LLP now owns 3,090,882 shares of the company's stock valued at $221,956,000 after acquiring an additional 851,075 shares during the last quarter. Bank of America Corp DE raised its position in Dutch Bros by 33.4% during the first quarter. Bank of America Corp DE now owns 1,814,815 shares of the company's stock valued at $91,939,000 after purchasing an additional 454,036 shares in the last quarter. Hyperion Asset Management Ltd raised its position in Dutch Bros by 104.4% during the third quarter. Hyperion Asset Management Ltd now owns 1,222,532 shares of the company's stock valued at $47,141,000 after purchasing an additional 624,488 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Dutch Bros by 3.2% during the first quarter. Dimensional Fund Advisors LP now owns 1,204,326 shares of the company's stock worth $60,994,000 after purchasing an additional 37,683 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Dutch Bros by 58.1% during the first quarter. Bank of New York Mellon Corp now owns 1,044,545 shares of the company's stock worth $52,917,000 after purchasing an additional 384,011 shares during the last quarter. 85.54% of the stock is owned by institutional investors.
More Dutch Bros News
Here are the key news stories impacting Dutch Bros this week:
- Positive Sentiment: Dutch Bros continues expanding its drive-thru footprint and is reportedly entering three additional cities. Continued unit growth supports the company’s long-term revenue opportunity, although expansion also requires substantial investment. Dutch Bros is expanding to 3 cities
- Positive Sentiment: Mizuho retained its “outperform” rating and set a revised $65 price target, which remains materially above the referenced share price. The continued bullish rating suggests the analyst sees growth potential despite the target reduction. Mizuho changes Dutch Bros price target
- Neutral Sentiment: Dutch Bros is attracting elevated attention on Zacks, but the report primarily recaps factors investors should monitor rather than announcing a new catalyst. Dutch Bros attracting investor attention
- Neutral Sentiment: Recent comparisons with Monster Beverage and Wendy’s focus on Dutch Bros’ faster expansion versus competitors’ profitability, distribution, or turnaround prospects. These articles may raise visibility but do not change the company’s fundamentals. Dutch Bros versus Monster Beverage
- Neutral Sentiment: The company raised $160,000 for an Oregon elementary school. The effort is favorable for community goodwill but is unlikely to materially affect earnings or valuation. Dutch Bros raises $160,000
- Negative Sentiment: Mizuho lowered its price target from $80 to $65. Although the analyst remains positive, the 19% target reduction may weigh on sentiment and signals more cautious expectations for valuation or growth. Mizuho lowers Dutch Bros price target
- Negative Sentiment: A vehicle crashed into the Fair Oaks location, temporarily closing the store. The incident appears isolated, but could cause short-term disruption and repair costs. Fair Oaks Dutch Bros closed after crash
Analysts Set New Price Targets
Several research firms recently issued reports on BROS. DA Davidson dropped their price objective on Dutch Bros from $85.00 to $60.00 and set a "buy" rating for the company in a research note on Monday, September 28th. Mizuho decreased their target price on Dutch Bros from $80.00 to $65.00 and set an "outperform" rating on the stock in a research note on Friday. Telsey Advisory Group raised their price target on Dutch Bros from $66.00 to $74.00 and gave the company an "outperform" rating in a report on Friday, July 31st. Morgan Stanley dropped their price target on Dutch Bros from $88.00 to $71.00 and set an "overweight" rating for the company in a research report on Thursday, October 15th. Finally, KeyCorp dropped their price target on Dutch Bros from $79.00 to $59.00 and set an "overweight" rating for the company in a research report on Friday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $66.08.
Read Our Latest Stock Analysis on BROS
Dutch Bros Company Profile
(
Get Free Report)
Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. The company is known for its made-to-order drinks, fast service and community-focused brand.
Its menu includes hot, iced and blended coffee beverages, along with specialty drinks such as energy drinks, teas, lemonades, smoothies and other noncoffee refreshments. Dutch Bros also offers packaged products and branded merchandise through select locations and digital channels.
Dutch Bros was founded in 1992 in Grants Pass, Oregon, by brothers Dane and Travis Boersma.
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