Norges Bank Buys Shares of 1,583,649 Dutch Bros Inc. $BROS

Norges Bank bought a new stake in Dutch Bros Inc. (NYSE:BROS) during the fourth quarter, HoldingsChannel.com reports. The firm bought 1,583,649 shares of the company’s stock, valued at approximately $96,951,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake 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 purchasing an additional 39,561 shares during the last quarter. JPMorgan Chase & Co. grew its stake 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 purchasing an additional 49,194 shares during the last quarter. Thornburg Investment Management Inc. grew its stake 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 purchasing an additional 45,847 shares during the last quarter. Magnetar Financial LLC grew its stake 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 purchasing an additional 72,751 shares during the last quarter. Finally, M&T Bank Corp grew its stake 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 purchasing an additional 91,468 shares during the last quarter. Institutional investors own 85.54% of the company’s stock.

Dutch Bros Price Performance

Shares of BROS stock opened at $55.45 on Friday. Dutch Bros Inc. has a fifty-two week low of $44.58 and a fifty-two week high of $74.66. The firm has a market capitalization of $9.68 billion, a price-to-earnings ratio of 86.65, a PEG ratio of 1.81 and a beta of 2.36. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.19 and a current ratio of 1.33. The stock’s 50-day simple moving average is $53.65 and its 200-day simple moving average is $55.73.

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

Insider Buying and Selling

In related news, major shareholder Dm Individual Aggregator, Llc sold 155,692 shares of Dutch Bros stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $58.26, for a total transaction of $9,070,615.92. Following the completion of the sale, the insider owned 2,932,909 shares of the company’s stock, valued at $170,871,278.34. The trade was a 5.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Travis Boersma sold 447,299 shares of Dutch Bros stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $58.26, for a total value of $26,059,639.74. Following the sale, the chairman directly owned 2,932,909 shares of the company’s stock, valued at $170,871,278.34. This trade represents a 13.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 2,022,106 shares of company stock valued at $115,725,491 over the last quarter. 38.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on BROS. Citigroup boosted their price target on Dutch Bros from $84.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Telsey Advisory Group began coverage on Dutch Bros in a research note on Wednesday, April 8th. They set an “outperform” rating and a $66.00 price target on the stock. DA Davidson restated a “buy” rating and set a $75.00 price target on shares of Dutch Bros in a research note on Monday. Morgan Stanley restated an “overweight” rating and set a $87.00 price target on shares of Dutch Bros in a research note on Thursday, May 7th. Finally, KeyCorp boosted their price target on Dutch Bros from $77.00 to $79.00 and gave the stock an “overweight” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Dutch Bros currently has an average rating of “Moderate Buy” and a consensus price target of $76.00.

Dutch Bros News Roundup

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

• Positive Sentiment: Reports suggest Dutch Bros is continuing to attract customers even as beverage competition intensifies, with one industry piece saying the chain is “winning traffic,” which supports the case for sustained sales momentum. As Beverage Competition Heats Up, Dutch Bros Keeps Winning Traffic
• Positive Sentiment: Coverage of Dutch Bros bringing “broistas” to four states in June points to continued unit growth and brand expansion, both of which can help support revenue growth expectations. Dutch Bros bringing broistas to these 4 states in June. See locations
• Positive Sentiment: A local report that a Bellingham pizza shop is closing to make room for a proposed Dutch Bros location suggests the company is still securing new real estate for future growth. Bellingham pizza shop closing permanently, making space for proposed Dutch Bros
• Neutral Sentiment: A Zacks article noted Dutch Bros has risen about 4.5% since its last earnings report and asked whether the move can continue, reflecting ongoing debate around valuation and momentum rather than a new catalyst. Dutch Bros (BROS) Up 4.5% Since Last Earnings Report: Can It Continue?
• Neutral Sentiment: General consumer-focused articles about trying Dutch Bros for the first time add to brand awareness, but they are unlikely to materially change near-term fundamentals. Let’s try Dutch Bros for the first time – is it worth the hype?
• Neutral Sentiment: Commentary that Dutch Bros is not afraid of growing beverage competition reinforces the company’s competitive positioning, but it is mostly narrative-driven and not a direct financial catalyst. Dutch Bros isn’t afraid of growing beverage competition
• Negative Sentiment: Multiple reports highlighted insider share sales, including transactions tied to Travis Boersma and DM Individual Aggregator, which can weigh on investor sentiment if seen as reduced confidence in near-term upside. Travis Boersma Sells 447,299 Shares of Dutch Bros (NYSE:BROS) Stock

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.