New York State Teachers Retirement System Purchases New Holdings in Dutch Bros Inc. $BROS

New York State Teachers Retirement System purchased a new position in shares of Dutch Bros Inc. (NYSE:BROS) during the first quarter, Holdings Channel reports. The firm purchased 41,326 shares of the company’s stock, valued at approximately $2,094,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Alyeska Investment Group L.P. acquired a new position in Dutch Bros in the 4th quarter valued at $113,880,000. Westfield Capital Management Co. LP acquired a new stake in shares of Dutch Bros during the 4th quarter worth $108,948,000. Norges Bank acquired a new stake in shares of Dutch Bros during the 4th quarter worth $96,951,000. Balyasny Asset Management L.P. increased its position in shares of Dutch Bros by 196.0% in the third 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 period. Finally, Interval Partners LP bought a new position in shares of Dutch Bros in the fourth quarter worth $57,276,000. Institutional investors own 85.54% of the company’s stock.

Trending Headlines about Dutch Bros

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

• Positive Sentiment: Dutch Bros continues expanding its store base, with reports of a new Mississippi opening, another Fayetteville store, and a planned Arlington kiosk site. Dutch Bros (BROS) Opens In Mississippi And Adds Another Fayetteville Store
• Positive Sentiment: The company is extending its drive-thru coffee model into new markets like Tracy, which supports the long-term growth narrative. Dutch Bros bringing popular drive-thru coffee experience to Tracy
• Positive Sentiment: Menu innovation remains part of the story, with Dutch Bros adding three space-themed drinks for the summer, which could help traffic and sales. Dutch Bros Adds Three Space-Themed Drinks to Summer Menu
• Neutral Sentiment: Analyst-focused commentary and “buy” writeups may be supporting sentiment, but they do not appear to reflect a new rating change or concrete catalyst. Wall Street Analysts See Dutch Bros (BROS) as a Buy: Should You Invest?
• Neutral Sentiment: Broader industry commentary also highlighted Dutch Bros as one of several restaurant stocks with sales growth and menu innovation, which is supportive but not company-specific news. 4 Restaurant Stocks Worth Buying Despite Industry Headwinds
• Neutral Sentiment: Starbucks’ AI cost-cutting initiative mentioned Dutch Bros as a competitor, but the article was primarily about Starbucks rather than Dutch Bros itself. Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs

Wall Street Analysts Forecast Growth

BROS has been the subject of several recent analyst reports. Piper Sandler upped their price objective on shares of Dutch Bros from $61.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, June 22nd. KeyCorp raised their target price on shares of Dutch Bros from $77.00 to $79.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. TD Cowen restated a “buy” rating and issued a $73.00 target price on shares of Dutch Bros in a research report on Wednesday, June 10th. Morgan Stanley reaffirmed an “overweight” rating and set a $87.00 price target on shares of Dutch Bros in a report on Thursday, May 7th. Finally, BNP Paribas Exane began coverage on shares of Dutch Bros in a research report on Monday, March 30th. They set an “outperform” rating and a $73.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Dutch Bros has an average rating of “Moderate Buy” and an average target price of $77.33.

Insider Transactions at Dutch Bros

In other news, major shareholder Dm Individual Aggregator, Llc sold 261,055 shares of the firm’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 sale, the insider directly owned 2,410,800 shares in the company, valued at approximately $151,928,616. This trade represents a 9.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Travis Boersma sold 750,000 shares of the firm’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 transaction of $47,265,000.00. Following the completion of the sale, the chairman owned 2,410,800 shares in the company, valued at approximately $151,928,616. The trade was 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. Insiders sold 4,086,245 shares of company stock valued at $243,021,771 in the last three months. Company insiders own 38.90% of the company’s stock.

Dutch Bros Price Performance

Dutch Bros stock opened at $67.71 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.19 and a current ratio of 1.33. Dutch Bros Inc. has a 52 week low of $44.58 and a 52 week high of $74.65. The stock has a market capitalization of $11.83 billion, a P/E ratio of 105.80, a price-to-earnings-growth ratio of 2.12 and a beta of 2.31. The stock has a fifty day moving average of $60.77 and a 200-day moving average of $57.27.

Dutch Bros (NYSE:BROS) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.16 earnings per share for the quarter, meeting the consensus estimate 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 $449.69 million. During the same period last year, the firm posted $0.14 earnings per share. Dutch Bros’s revenue was up 30.7% compared to the same quarter last year. On average, sell-side analysts expect 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.