Royal Bank of Canada Increases Stock Position in Dutch Bros Inc. $BROS

Royal Bank of Canada grew its stake in Dutch Bros Inc. (NYSE:BROS) by 25.9% during the first quarter, HoldingsChannel reports. The fund owned 442,554 shares of the company’s stock after acquiring an additional 91,012 shares during the quarter. Royal Bank of Canada’s holdings in Dutch Bros were worth $22,421,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Empowered Funds LLC acquired a new position in Dutch Bros during the 1st quarter valued at about $1,309,000. Ashford Capital Management Inc. raised its stake in Dutch Bros by 1.9% in the first quarter. Ashford Capital Management Inc. now owns 159,230 shares of the company’s stock valued at $8,067,000 after buying an additional 2,950 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in Dutch Bros by 193.3% in the first quarter. The Manufacturers Life Insurance Company now owns 91,944 shares of the company’s stock worth $4,658,000 after acquiring an additional 60,599 shares in the last quarter. Lazard Asset Management LLC grew its stake in shares of Dutch Bros by 34.7% during the first quarter. Lazard Asset Management LLC now owns 5,490 shares of the company’s stock worth $278,000 after acquiring an additional 1,415 shares during the last quarter. Finally, Delta Global Management LP purchased a new stake in shares of Dutch Bros during the first quarter worth about $13,464,000. 85.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on BROS. Piper Sandler raised their price target on shares of Dutch Bros from $61.00 to $68.00 and gave the stock a “neutral” rating in a report on Monday, June 22nd. Stephens began coverage on Dutch Bros in a research report on Thursday, July 16th. They issued an “overweight” rating and a $80.00 target price on the stock. DA Davidson raised their target price on Dutch Bros from $75.00 to $90.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Morgan Stanley lifted their price target on Dutch Bros from $87.00 to $88.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. Finally, Telsey Advisory Group boosted their price target on Dutch Bros from $66.00 to $74.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $77.86.

Trending Headlines about Dutch Bros

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

• Positive Sentiment: Q2 results exceeded expectations. Dutch Bros reported adjusted earnings of $0.33 per share, above the $0.29 consensus estimate, while revenue rose 32.5% year over year to $550.9 million, exceeding expectations of approximately $525.4 million. Company-operated same-shop sales increased 8.3%. Dutch Bros Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised its 2026 revenue outlook. Dutch Bros now projects approximately $2.1 billion to $2.13 billion in 2026 revenue, supporting the bullish view on continued sales and unit growth. The company opened 48 shops during the quarter, including 44 company-operated locations, and is targeting 2,029 shops by 2029. Dutch Bros Projects 2026 Revenue and Store Growth
• Positive Sentiment: The planned Salad and Go purchase could accelerate expansion. Dutch Bros has offered $105 million to acquire up to 65 shuttered Salad and Go locations across Arizona, Texas and other states. Reusing existing drive-thru sites could give the company a faster and potentially more efficient path to opening new shops. Dutch Bros to Buy Salad and Go Locations
• Neutral Sentiment: New limited-time drinks may support customer traffic. The Mexican Mocha and Island Potion beverages provide additional menu innovation and promotional opportunities, though the financial impact is not yet quantified. Dutch Bros Adds New Limited-Time Drinks
• Negative Sentiment: Valuation and execution risks remain. With a triple-digit price-to-earnings ratio, expectations are high. The Salad and Go transaction would require substantial capital and integration work, while the stock’s initial post-earnings reaction was pressured despite the earnings beat, suggesting investors may be focused on guidance quality and growth costs.

Insider Activity at Dutch Bros

In other Dutch Bros news, major shareholder Dm Individual Aggregator, Llc sold 261,055 shares of the stock in a transaction dated 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 sale, the insider owned 2,410,800 shares of the company’s stock, valued at $151,928,616. This trade represents a 9.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 on Thursday, June 11th. The stock was sold at an average price of $63.02, for a total transaction of $47,265,000.00. Following the sale, the chairman directly owned 2,410,800 shares of the company’s stock, valued at approximately $151,928,616. This trade represents a 23.73% decrease in their ownership of the stock. 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. In the last 90 days, insiders have sold 4,086,245 shares of company stock worth $243,021,771. 38.90% of the stock is currently owned by company insiders.

Dutch Bros Stock Performance

BROS opened at $65.63 on Thursday. The firm’s fifty day simple moving average is $65.08 and its two-hundred day simple moving average is $57.57. Dutch Bros Inc. has a 52-week low of $44.58 and a 52-week high of $74.65. The company has a market cap of $11.46 billion, a price-to-earnings ratio of 102.55, a PEG ratio of 1.95 and a beta of 2.32. The company has a quick ratio of 1.19, a current ratio of 1.33 and a debt-to-equity ratio of 0.21.

Dutch Bros (NYSE:BROS) last released 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. The business had revenue of $550.85 million for the quarter, compared to analyst estimates of $525.38 million. Dutch Bros had a net margin of 4.61% and a return on equity of 9.42%. The business’s revenue was up 32.5% on a year-over-year basis. During the same period last year, the company posted $0.26 EPS. Equities analysts anticipate that Dutch Bros Inc. will post 0.84 earnings per share for the current fiscal year.

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.