Dutch Bros Inc. $BROS Shares Sold by Vanguard Group Inc.

Key Points

• Vanguard Group trimmed its Dutch Bros stake by 1.3%, selling 150,777 shares and ending the quarter with 11,090,575 shares (6.74% ownership) valued at about $678.97 million.
• Dutch Bros beat Q expectations—EPS $0.17 vs $0.10 expected and revenue $443.6M, up 29.4% year-over-year—and analysts are broadly bullish, with a consensus "Moderate Buy" rating and an average price target of $75.50.
• Institutional ownership is high at 85.54%, with several large managers (Marshall Wace, Invesco, State Street, Qube, Ninety One) adding to positions; the stock trades at a high PE (88.85), $9.36B market cap, and has recently cleared its 200-day moving average amid multiple upgrades.

Vanguard Group Inc. decreased its position in Dutch Bros Inc. (NYSE:BROS - Free Report) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,090,575 shares of the company's stock after selling 150,777 shares during the quarter. Vanguard Group Inc. owned 6.74% of Dutch Bros worth $678,965,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Marshall Wace LLP raised its holdings in Dutch Bros by 7.2% in the third quarter. Marshall Wace LLP now owns 2,690,760 shares of the company's stock valued at $140,834,000 after acquiring an additional 180,993 shares in the last quarter. Ninety One UK Ltd raised its holdings in Dutch Bros by 1.5% during the fourth quarter. Ninety One UK Ltd now owns 2,625,483 shares of the company's stock worth $160,732,000 after purchasing an additional 39,781 shares in the last quarter. Invesco Ltd. raised its holdings in Dutch Bros by 4.0% during the third quarter. Invesco Ltd. now owns 2,426,657 shares of the company's stock worth $127,011,000 after purchasing an additional 93,515 shares in the last quarter. State Street Corp raised its holdings in Dutch Bros by 6.6% during the second quarter. State Street Corp now owns 1,978,441 shares of the company's stock worth $135,266,000 after purchasing an additional 121,683 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in Dutch Bros by 11.2% during the third quarter. Qube Research & Technologies Ltd now owns 1,943,641 shares of the company's stock worth $101,730,000 after purchasing an additional 196,316 shares in the last quarter. Institutional investors and hedge funds own 85.54% of the company's stock.

Dutch Bros Stock Performance

Shares of BROS opened at $56.87 on Monday. The company has a current ratio of 1.49, a quick ratio of 1.28 and a debt-to-equity ratio of 0.22. The firm has a market cap of $9.36 billion, a PE ratio of 88.85, a price-to-earnings-growth ratio of 1.63 and a beta of 2.40. The company's 50 day simple moving average is $52.23 and its 200-day simple moving average is $56.03. Dutch Bros Inc. has a 12-month low of $44.58 and a 12-month high of $77.88.

Dutch Bros (NYSE:BROS - Get Free Report) last announced its earnings results on Thursday, February 12th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.07. The business had revenue of $443.61 million for the quarter, compared to analyst estimates of $424.44 million. Dutch Bros had a net margin of 4.87% and a return on equity of 9.56%. The company's revenue for the quarter was up 29.4% compared to the same quarter last year. During the same period last year, the firm posted $0.07 earnings per share. As a group, equities analysts predict that Dutch Bros Inc. will post 0.82 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BROS. BNP Paribas Exane began coverage on shares of Dutch Bros in a report on Monday, March 30th. They set an "outperform" rating and a $73.00 price objective on the stock. The Goldman Sachs Group raised shares of Dutch Bros from a "neutral" rating to a "buy" rating and set a $75.00 price objective on the stock in a report on Monday, March 2nd. UBS Group reissued a "buy" rating on shares of Dutch Bros in a report on Friday, April 10th. Royal Bank Of Canada reissued an "outperform" rating and set a $75.00 price objective on shares of Dutch Bros in a report on Friday, February 13th. Finally, Barclays raised their price objective on shares of Dutch Bros from $72.00 to $76.00 and gave the stock an "overweight" rating in a report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Dutch Bros has an average rating of "Moderate Buy" and an average price target of $75.50.

Dutch Bros News Summary

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

• Positive Sentiment: Oppenheimer initiated/maintained a bullish view, giving Dutch Bros a "bull" rating that can boost investor demand and fund flows. Coffee buzz: Dutch Bros lands a bull rating from Oppenheimer
• Positive Sentiment: Analysts are penciling in a Q1 earnings beat for Dutch Bros, reinforcing expectations that the company can continue to deliver top-line growth and margin progress. Analysts see Dutch Bros poised for Q1 earnings beat
• Positive Sentiment: From a technical perspective, BROS just cleared its 200-day moving average — a common long-term bullish signal that may attract momentum traders. Dutch Bros (BROS) Just Overtook the 200-Day Moving Average
• Positive Sentiment: High-profile media support: Jim Cramer publicly called it "an excellent time to enter," which can spur retail buying and short-term interest. Jim Cramer on Dutch Bros: “I Think It’s an Excellent Time to Enter”
• Positive Sentiment: Product/newsflow: Dutch Bros rolled out new seasonal drinks for May, a marketing push that can lift comps and traffic in the near term. Dutch Bros splashes into summer with new drinks. See the flavors
• Neutral Sentiment: Coverage/education pieces are driving attention — several Zacks articles discuss valuation, trending status and whether Wall Street’s bullish views justify buying, which can increase chatter but may not move fundamentals. Is It Worth Investing in Dutch Bros (BROS) Based on Wall Street's Bullish Views?
• Negative Sentiment: Local competition is expanding: two new 7 Brew coffee shops are opening in Shreveport, highlighting regional competitive pressure that could blunt share gains in select markets. Two new 7 Brew coffee shops are coming to Shreveport

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.

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