Grandfield & Dodd LLC Lowers Position in Starbucks Corporation $SBUX

Grandfield & Dodd LLC lessened its position in Starbucks Corporation (NASDAQ:SBUX) by 8.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 58,644 shares of the coffee company’s stock after selling 5,383 shares during the quarter. Grandfield & Dodd LLC’s holdings in Starbucks were worth $4,938,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Aerodigm Wealth LLC lifted its stake in shares of Starbucks by 2.7% in the 4th quarter. Aerodigm Wealth LLC now owns 4,245 shares of the coffee company’s stock valued at $357,000 after purchasing an additional 112 shares during the period. River Street Advisors LLC lifted its stake in shares of Starbucks by 0.8% in the 4th quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company’s stock valued at $1,138,000 after purchasing an additional 113 shares during the period. Creative Financial Designs Inc. ADV lifted its stake in shares of Starbucks by 38.2% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 409 shares of the coffee company’s stock valued at $34,000 after purchasing an additional 113 shares during the period. Integrity Alliance LLC. lifted its stake in shares of Starbucks by 3.0% in the 4th quarter. Integrity Alliance LLC. now owns 3,907 shares of the coffee company’s stock valued at $329,000 after purchasing an additional 114 shares during the period. Finally, Opus Capital Group LLC lifted its stake in shares of Starbucks by 3.9% in the 4th quarter. Opus Capital Group LLC now owns 3,187 shares of the coffee company’s stock valued at $268,000 after purchasing an additional 120 shares during the period. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

SBUX has been the topic of several analyst reports. Robert W. Baird boosted their target price on Starbucks from $112.00 to $117.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Starbucks in a report on Wednesday, April 29th. BNP Paribas Exane assumed coverage on Starbucks in a report on Thursday, May 14th. They set an “underperform” rating for the company. Weiss Ratings restated a “hold (c)” rating on shares of Starbucks in a report on Wednesday, April 22nd. Finally, Evercore raised their price target on Starbucks from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $107.48.

Starbucks Price Performance

SBUX stock opened at $99.16 on Friday. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $108.88. The business has a fifty day moving average price of $99.03 and a 200-day moving average price of $93.77. The stock has a market capitalization of $113.01 billion, a P/E ratio of 75.12, a P/E/G ratio of 1.96 and a beta of 1.01.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.44 by $0.06. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The company had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same period last year, the company earned $0.41 EPS. Starbucks’s revenue for the quarter was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, analysts anticipate that Starbucks Corporation will post 2.42 earnings per share for the current year.

Starbucks Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, May 15th. Starbucks’s dividend payout ratio (DPR) is presently 187.88%.

Insider Transactions at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total transaction of $233,621.49. Following the sale, the chief executive officer owned 81,559 shares of the company’s stock, valued at $8,548,198.79. This trade represents a 2.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the sale, the executive vice president directly owned 57,653 shares in the company, valued at approximately $6,053,565. The trade was a 3.35% 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. In the last ninety days, insiders have sold 11,187 shares of company stock worth $1,111,085. Insiders own 0.03% of the company’s stock.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks said afternoon traffic is rising after its strategy shift, with visits after 2 p.m. improving as the company pushes new products and efforts to bring customers back into stores. Starbucks says afternoon traffic is rising as turnaround starts to take hold
• Positive Sentiment: Another report echoed the improving traffic trend, suggesting Starbucks’ turnaround plan may be starting to lift demand during traditionally slower afternoon hours. Starbucks sees a lift in afternoon traffic after a strategy shift
• Positive Sentiment: Starbucks received a Zacks Strong Buy income-stock mention, which may help reinforce the bullish view that the stock remains attractive to some investors. Best Income Stocks to Buy for May 28th
• Neutral Sentiment: Alsea launched the first Starbucks Smart Lounge in Chile, expanding the brand’s footprint and adding a work-and-meeting format that could support future international growth. Alsea launches first Starbucks Smart Lounge in Chile
• Neutral Sentiment: Starbucks’ presentation at Bernstein’s Strategic Decisions Conference likely kept investors focused on management’s turnaround messaging, but it did not introduce a clearly new catalyst. Starbucks Corporation (SBUX) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Negative Sentiment: Reports that Starbucks quietly retired an AI inventory agent after it miscounted stock and slowed baristas may raise questions about the effectiveness of some of its operational technology investments. Starbucks quietly retired its AI agent just months after deployment after it hallucinated coffee shop inventories and slowed down baristas
• Negative Sentiment: Separate coverage on South Korea highlighted a sales drop and backlash tied to a marketing controversy, underscoring ongoing brand and international execution risks. Starbucks Suffers Significant Drop in Sales in South Korea
• Negative Sentiment: Another article said Starbucks’ South Korea backlash is testing international growth and governance controls, which could keep pressure on sentiment if the issue spreads or worsens. Starbucks South Korea Backlash Tests International Growth And Governance Controls

About Starbucks

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.