Fieldview Capital Management LLC increased its position in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) by 504.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,282 shares of the coffee company’s stock after buying an additional 21,102 shares during the period. Fieldview Capital Management LLC’s holdings in Starbucks were worth $2,129,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC acquired a new position in Starbucks during the fourth quarter worth $25,000. Cornerstone Financial Management LLC acquired a new position in Starbucks during the fourth quarter worth $25,000. Y.D. More Investments Ltd bought a new position in Starbucks during the third quarter worth $26,000. Entrust Financial LLC bought a new position in Starbucks during the fourth quarter worth $26,000. Finally, JPL Wealth Management LLC bought a new position in Starbucks during the third quarter worth $27,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, EVP Sara Kelly sold 2,000 shares of the company’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 completion of the sale, the executive vice president owned 57,653 shares of the company’s stock, valued at $6,053,565. This represents a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 1,641 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $94.33, for a total transaction of $154,795.53. Following the sale, the chief executive officer directly owned 80,181 shares of the company’s stock, valued at $7,563,473.73. This represents a 2.01% 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. Insiders have sold 8,099 shares of company stock valued at $804,907 in the last ninety days. 0.03% of the stock is currently owned by company insiders.
Starbucks News Summary
- Positive Sentiment: Reports say Tata Starbucks plans to add as many as 100 stores per year in India, signaling continued international expansion and another avenue for long-term unit growth. Tata Starbucks to add up to 100 stores annually in India – report
- Positive Sentiment: Starbucks is reportedly evaluating sale and IPO options for its Japan operations, which could unlock value, simplify the business, and provide capital for other priorities. Starbucks Evaluates Sale and IPO Options for Japanese Operations (SBUX)
- Positive Sentiment: Investor and trader interest appears to be rising, with unusual call-option activity and multiple “trending stock” articles suggesting renewed bullish attention on SBUX. Is Trending Stock Starbucks Corporation (SBUX) a Buy Now?
- Neutral Sentiment: Several articles are analyst-style commentary asking whether Starbucks is a good buy now; these reinforce attention on the name but do not add new fundamental information. Is Starbucks Corporation (SBUX) A Good Stock To Buy Now?
- Neutral Sentiment: The Bearista cup promotion tied to the World Cup may help merchandise buzz and traffic, but it is a smaller, less material catalyst than the Japan and India expansion news. The Bearista Cup Returns for the World Cup, Starbucks Stock (NASDAQ:SBUX) Gains
Starbucks Stock Performance
Shares of Starbucks stock opened at $103.04 on Friday. The firm has a 50-day moving average of $100.27 and a 200-day moving average of $94.64. The stock has a market cap of $117.43 billion, a PE ratio of 78.06, a PEG ratio of 2.03 and a beta of 0.98. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $108.88.
Starbucks (NASDAQ:SBUX – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.06. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The business had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same quarter in the prior year, the business posted $0.41 earnings per share. Starbucks’s revenue was up 8.8% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Equities research analysts predict that Starbucks Corporation will post 2.42 earnings per share for the current fiscal year.
Starbucks Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.48 annualized dividend and a yield of 2.4%. Starbucks’s dividend payout ratio is currently 187.88%.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the stock. Morgan Stanley raised shares of Starbucks from an “overweight” rating to an “overweight” rating in a research report on Thursday, May 14th. Royal Bank Of Canada cut shares of Starbucks from a “sector perform” rating to a “positive” rating in a research report on Thursday, May 14th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Starbucks in a research report on Wednesday, March 4th. The Goldman Sachs Group cut shares of Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. Finally, Robert W. Baird lifted their price objective on shares of Starbucks from $112.00 to $117.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $107.93.
View Our Latest Stock Report on SBUX
Starbucks Profile
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.
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