102,771 Shares in Dutch Bros Inc. $BROS Purchased by Public Employees Retirement System of Ohio

Key Points

• Public Employees Retirement System of Ohio purchased 102,771 Dutch Bros shares worth approximately $7.38 million, while institutional investors collectively own 85.54% of the company.
• Dutch Bros reported a quarterly earnings beat with revenue up 32.5% year over year to $550.85 million, but the stock has faced pressure over softer same-store-sales guidance, macroeconomic concerns and its elevated valuation.
• Shares recently traded near $46.35, down 5.1%, while Chairman Travis Boersma and another major shareholder sold more than 1 million shares combined under pre-arranged Rule 10b5-1 plans.

Public Employees Retirement System of Ohio acquired a new position in shares of Dutch Bros Inc. (NYSE:BROS - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 102,771 shares of the company's stock, valued at approximately $7,380,000. Public Employees Retirement System of Ohio owned approximately 0.06% of Dutch Bros at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Alyeska Investment Group L.P. acquired a new stake in shares of Dutch Bros in the fourth quarter worth approximately $113,880,000. Westfield Capital Management Co. LP purchased a new position in Dutch Bros in the 4th quarter valued at $108,948,000. Norges Bank purchased a new position in Dutch Bros in the 4th quarter valued at $96,951,000. Balyasny Asset Management L.P. boosted its stake in Dutch Bros by 196.0% during the 3rd quarter. Balyasny Asset Management L.P. now owns 1,817,201 shares of the company's stock worth $95,112,000 after purchasing an additional 1,203,338 shares during the last quarter. Finally, Interval Partners LP acquired a new stake in Dutch Bros during the 4th quarter worth $57,276,000. Hedge funds and other institutional investors own 85.54% of the company's stock.

Dutch Bros News Summary

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

• Positive Sentiment: Dutch Bros is evaluating a new location as part of a planned Osceola County, Florida, development, supporting the company’s long-term unit-growth strategy. Portillo's and Dutch Bros eye new Osceola County development
• Positive Sentiment: Reports also highlight Dutch Bros’ continuing expansion in the Columbia, South Carolina, area, reinforcing its broader store-opening momentum. Dutch Bros Coffee quickly expands in the Columbia area
• Neutral Sentiment: Dutch Bros withdrew an application for a downtown Des Moines drive-thru. The move may reflect disciplined site selection, but it also removes one potential near-term growth location. Dutch Bros withdraws application for downtown Des Moines drive-thru
• Negative Sentiment: 7 Brew won an auction for 73 shuttered Salad and Go sites after outbidding Dutch Bros. The loss limits a potentially faster and lower-cost path to expansion and underscores intensifying competition in the drive-thru coffee market. Coffee chain 7 Brew wins auction for shuttered Salad and Go sites
• Negative Sentiment: Market coverage says the sell-off followed Dutch Bros’ strong second-quarter results—revenue rose 32.5% and guidance was raised—but investors focused on softer third-quarter same-shop sales guidance. Broader macroeconomic headwinds and the stock’s elevated valuation are adding pressure. Dutch Bros Stock Slides Tuesday: What's Going On?
• Negative Sentiment: A comparison with Starbucks cited stronger traffic, margin recovery and earnings revisions for Starbucks, while Dutch Bros faces cost and valuation concerns. Starbucks vs. Dutch Bros: Which Coffee Stock Has the Edge?

Insider Activity

In related news, Chairman Travis Boersma sold 750,000 shares of the company's stock in a transaction that occurred on 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 transaction, the chairman directly owned 2,410,800 shares in the company, valued at approximately $151,928,616. This represents a 23.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Dm Individual Aggregator, Llc sold 261,055 shares of the company's stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $63.02, for a total value of $16,451,686.10. Following the completion of the transaction, the insider owned 2,410,800 shares in the company, valued at $151,928,616. This represents a 9.77% 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. Insiders sold a total of 2,064,139 shares of company stock worth $127,296,280 in the last 90 days. 38.90% of the stock is owned by corporate insiders.

Dutch Bros Trading Down 5.1%

Shares of BROS opened at $46.35 on Wednesday. Dutch Bros Inc. has a 12-month low of $44.58 and a 12-month high of $74.02. The firm has a market capitalization of $8.10 billion, a P/E ratio of 64.38, a P/E/G ratio of 1.74 and a beta of 2.28. The firm has a 50-day moving average price of $60.67 and a 200 day moving average price of $56.63. 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 issued its earnings results on Wednesday, August 5th. The company reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.04. The company had revenue of $550.85 million for the quarter, compared to the consensus estimate of $525.38 million. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. Dutch Bros's quarterly revenue was up 32.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.26 earnings per share. Sell-side analysts forecast that Dutch Bros Inc. will post 0.87 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on BROS shares. Barclays decreased their price target on shares of Dutch Bros from $76.00 to $75.00 and set an "overweight" rating on the stock in a research note on Thursday, May 7th. Telsey Advisory Group increased their price objective on shares of Dutch Bros from $66.00 to $74.00 and gave the company an "outperform" rating in a report on Friday, July 31st. DA Davidson decreased their target price on shares of Dutch Bros from $90.00 to $85.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. Freedom Capital upgraded Dutch Bros to a "strong-buy" rating in a report on Wednesday, July 1st. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Dutch Bros in a research report on Friday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Dutch Bros has a consensus rating of "Moderate Buy" and a consensus target price of $77.15.

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.

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