Dutch Bros Inc. $BROS Stock Acquired by Taylor Frigon Capital Management LLC

Posted by Francis Steltz on Oct 25th, 2026

Taylor Frigon Capital Management LLC increased its stake in Dutch Bros Inc. (NYSE:BROS – Free Report) by 36.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,864 shares of the company’s stock after purchasing an additional 16,741 shares during the quarter. Taylor Frigon Capital Management LLC’s holdings in Dutch Bros were worth $2,424,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. D.A. Davidson & CO. grew its position in Dutch Bros by 0.4% during the first quarter. D.A. Davidson & CO. now owns 57,042 shares of the company’s stock worth $2,890,000 after buying an additional 211 shares during the period. Arizona State Retirement System increased its holdings in Dutch Bros by 0.7% in the second quarter. Arizona State Retirement System now owns 35,124 shares of the company’s stock valued at $2,522,000 after buying an additional 238 shares in the last quarter. GAMMA Investing LLC increased its holdings in Dutch Bros by 12.7% in the second quarter. GAMMA Investing LLC now owns 2,927 shares of the company’s stock valued at $210,000 after buying an additional 329 shares in the last quarter. Ferguson Wellman Capital Management Inc. lifted its position in shares of Dutch Bros by 4.7% during the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 7,791 shares of the company’s stock valued at $395,000 after acquiring an additional 347 shares during the period. Finally, Aljian Capital Management LLC lifted its position in shares of Dutch Bros by 4.9% during the 1st quarter. Aljian Capital Management LLC now owns 8,039 shares of the company’s stock valued at $407,000 after acquiring an additional 375 shares during the period. Hedge funds and other institutional investors own 85.54% of the company’s stock.

Insider Transactions at Dutch Bros

In related news, Director Todd Penegor bought 2,000 shares of Dutch Bros stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average price of $51.56 per share, with a total value of $103,120.00. Following the purchase, the director owned 7,358 shares in the company, valued at $379,378.48. This represents a 37.33% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Dm Individual Aggregator, Llc sold 50,709 shares of the company’s stock in a transaction that occurred on Tuesday, October 20th. The shares were sold at an average price of $44.01, for a total value of $2,231,703.09. Following the completion of the sale, the insider directly owned 2,360,091 shares in the company, valued at approximately $103,867,604.91. The trade was a 2.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 38.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Oppenheimer reissued a “positive” rating on shares of Dutch Bros in a research note on Wednesday, September 30th. Robert W. Baird dropped their price objective on Dutch Bros from $82.00 to $60.00 and set an “outperform” rating for the company in a research note on Friday, October 2nd. Jefferies Financial Group dropped their price objective on Dutch Bros from $75.00 to $60.00 and set an “overweight” rating for the company in a research note on Tuesday, September 29th. Morgan Stanley reduced their price objective on Dutch Bros from $88.00 to $71.00 and set an “overweight” rating for the company in a report on Thursday, October 15th. Finally, UBS Group reiterated a “neutral” rating on shares of Dutch Bros in a research report on Thursday, September 10th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Dutch Bros presently has an average rating of “Moderate Buy” and an average price target of $67.44.

View Our Latest Analysis on Dutch Bros

Key Dutch Bros News

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

Positive Sentiment: KeyCorp lowered its price target from $79 to $59 but maintained an “overweight” rating. The new target still implies substantial upside from recent trading levels, indicating that KeyCorp believes the recent selloff may have created an opportunity. KeyCorp Dutch Bros analyst rating
Positive Sentiment: Dutch Bros continues expanding its drive-thru footprint, including a Peoria, Illinois, opening this weekend and a Wichita Falls, Texas, location planned for 2027. New stores support the company’s long-term revenue-growth strategy. Dutch Bros Coffee coming to Wichita Falls in 2027
Neutral Sentiment: Dutch Bros locations in Oregon are donating part of Friday’s proceeds to Silver Rail Elementary following a deadly shooting. The initiative may strengthen community goodwill and brand engagement, but it is unlikely to materially affect near-term financial results. Oregon Dutch Bros giveback supports Silver Rail school community
Negative Sentiment: RBC downgraded BROS from “outperform” to “sector perform” and reduced its price target from $70 to $46, citing the likelihood of heavier competition in 2027. TD Cowen and Citigroup also issued more cautious forecasts, adding to selling pressure. RBC downgrades Dutch Bros
Negative Sentiment: Chairman Travis Boersma sold approximately $6.4 million of shares, and major shareholder DM Individual Aggregator sold about $2.2 million. Both transactions were made under pre-arranged Rule 10b5-1 plans, reducing their informational significance, but the sales may still weigh on investor sentiment.

Dutch Bros Price Performance

Shares of NYSE BROS opened at $41.57 on Friday. The stock has a market cap of $7.26 billion, a price-to-earnings ratio of 57.74, a PEG ratio of 1.47 and a beta of 2.31. Dutch Bros Inc. has a 52 week low of $36.51 and a 52 week high of $74.02. The company’s 50-day moving average price is $43.17 and its 200 day moving average price is $53.93. 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 announced its earnings results on Wednesday, August 5th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.04. The company had revenue of $550.85 million during the quarter, compared to analysts’ expectations of $525.38 million. Dutch Bros had a net margin of 4.91% and a return on equity of 10.01%. The firm’s quarterly revenue was up 32.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.26 earnings per share. As a group, research analysts forecast that Dutch Bros Inc. will post 0.88 earnings per share for the current fiscal year.

Dutch Bros Company Profile

(Free Report)

Dutch Bros Inc is a drive-thru beverage company that operates and franchises coffee shops across the United States. The company is known for its made-to-order drinks, fast service and community-focused brand.

Its menu includes hot, iced and blended coffee beverages, along with specialty drinks such as energy drinks, teas, lemonades, smoothies and other noncoffee refreshments. Dutch Bros also offers packaged products and branded merchandise through select locations and digital channels.

Dutch Bros was founded in 1992 in Grants Pass, Oregon, by brothers Dane and Travis Boersma.