Bank of Nova Scotia Purchases 118,671 Shares of Dutch Bros Inc. $BROS

Bank of Nova Scotia boosted its position in Dutch Bros Inc. (NYSE:BROS) by 28.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 542,155 shares of the company’s stock after acquiring an additional 118,671 shares during the period. Bank of Nova Scotia owned 0.33% of Dutch Bros worth $28,377,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BROS. RiverPark Advisors LLC increased its stake in shares of Dutch Bros by 4.8% in the second quarter. RiverPark Advisors LLC now owns 3,966 shares of the company’s stock worth $271,000 after purchasing an additional 181 shares in the last quarter. KLP Kapitalforvaltning AS lifted its stake in shares of Dutch Bros by 0.8% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 25,200 shares of the company’s stock valued at $1,319,000 after buying an additional 200 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Dutch Bros by 1.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 18,625 shares of the company’s stock valued at $975,000 after buying an additional 200 shares in the last quarter. Moody Lynn & Lieberson LLC boosted its holdings in Dutch Bros by 3.9% in the 3rd quarter. Moody Lynn & Lieberson LLC now owns 5,382 shares of the company’s stock worth $282,000 after buying an additional 204 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in Dutch Bros by 31.5% in the 3rd quarter. GAMMA Investing LLC now owns 856 shares of the company’s stock worth $45,000 after buying an additional 205 shares during the period. 85.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on BROS shares. Citigroup lowered their target price on shares of Dutch Bros from $82.00 to $81.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dutch Bros in a report on Wednesday, January 21st. DA Davidson started coverage on Dutch Bros in a research report on Friday, March 6th. They issued a “buy” rating and a $67.00 price target for the company. Wolfe Research started coverage on Dutch Bros in a research note on Monday, March 9th. They set an “outperform” rating and a $77.00 price objective on the stock. Finally, Evercore set a $73.00 price objective on Dutch Bros in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $76.73.

Dutch Bros Trading Up 6.3%

Shares of BROS stock opened at $50.26 on Tuesday. The business has a 50-day moving average price of $55.53 and a two-hundred day moving average price of $57.34. Dutch Bros Inc. has a 12-month low of $46.52 and a 12-month high of $77.88. The company has a quick ratio of 1.28, a current ratio of 1.49 and a debt-to-equity ratio of 0.22. The firm has a market cap of $8.27 billion, a P/E ratio of 78.53, a price-to-earnings-growth ratio of 1.69 and a beta of 2.54.

Dutch Bros (NYSE:BROS) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.10 by $0.07. The firm had revenue of $443.61 million for the quarter, compared to analyst estimates of $424.44 million. Dutch Bros had a return on equity of 9.56% and a net margin of 4.87%.The company’s revenue was up 29.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.07 EPS. Equities analysts anticipate that Dutch Bros Inc. will post 0.57 EPS for the current fiscal year.

More Dutch Bros News

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

• Positive Sentiment: Analyst bullishness and long‑term growth thesis: Seeking Alpha argues BROS is a compelling growth play with aggressive store targets (2,029 by 2029), strong FY25 results (28% revenue growth, SSS +5.6%) and expansion optionality in CPG and walk‑up formats — a narrative that supports valuation and investor enthusiasm. Dutch Bros: A Great Growth Play For Long-Term Investors
• Positive Sentiment: Reinforced growth story: A second Seeking Alpha piece highlights a repeatable expansion formula and execution that justify growth multiples, reinforcing buy‑and‑hold investor interest. Dutch Bros: The Growth Formula Is Undeniable
• Positive Sentiment: Industry comparison supporting volume‑driven growth: 247WallStreet profiles Dutch Bros alongside Freshpet as consumer brands still delivering genuine volume growth — a favorable backdrop versus staples companies leaning on pricing. Dutch Bros vs. Freshpet: Two High-Growth Consumer Brands Defying the Staples Slowdown
• Positive Sentiment: Market momentum note: A roundup of restaurant stocks reports Dutch Bros among names with outsized moves, helping amplify buying interest from momentum traders. Yum China, Shake Shack, Dutch Bros, First Watch, and The Cheesecake Factory shares skyrocket, what you need to know
• Neutral Sentiment: Promotional activity: Dutch Bros ran a St. Patrick’s Day surprise mini‑charms promotion — a low‑cost marketing push that can boost store traffic short term but is unlikely to change fundamentals. Dutch Bros Coffee to offer surprise mini charms on St. Patrick’s Day
• Neutral Sentiment: New menu & marketing: Coverage of childhood‑inspired “Back to Cool” drinks and sugar‑free secret menu items highlights ongoing menu innovation to drive visits — positive for traffic but modest near‑term earnings impact. Dutch Bros NOW serving childhood-inspired drinks to help folks get “Back to Cool” 5 Dutch Bros Sugar-Free Secret Menu Drinks You Need To Order
• Neutral Sentiment: Brand comparison / competitive context: Several pieces compare Dutch Bros to Starbucks (menu, sizes, strategy) — useful for positioning but not an immediate catalyst. Better Stock to Buy Right Now: Dutch Bros vs. Starbucks Dutch Bros Vs Starbucks: Comparing The Coffee Drink Sizes
• Negative Sentiment: Valuation / prior drawdown: The Motley Fool flagged Dutch Bros as a growth stock that is still roughly 40% below prior highs — a reminder of valuation risk and potential downside for momentum traders if growth disappoints. 2 Growth Stocks Down 40 to Buy Right Now

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.