Starbucks Corporation $SBUX Stock Purchased by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC boosted its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 28.6% during the third quarter, Holdings Channel reports. The firm owned 35,163 shares of the coffee company’s stock after buying an additional 7,826 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Starbucks were worth $3,304,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SBUX. BlackRock Inc. purchased a new position in shares of Starbucks in the second quarter valued at $8,504,509,000. Bank of America Corp DE acquired a new position in shares of Starbucks during the 2nd quarter worth $1,581,287,000. Bank of New York Mellon Corp acquired a new position in shares of Starbucks during the 2nd quarter worth $779,790,000. Legal & General Group Plc purchased a new stake in shares of Starbucks in the 2nd quarter worth about $649,622,000. Finally, Corient Private Wealth LP purchased a new stake in shares of Starbucks in the 2nd quarter worth about $289,019,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on SBUX shares. Gordon Haskett increased their price objective on shares of Starbucks from $110.00 to $118.00 and gave the company a “hold” rating in a research note on Thursday, July 30th. Jefferies Financial Group raised their target price on shares of Starbucks from $95.00 to $101.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Raymond James Financial restated an “outperform” rating on shares of Starbucks in a research report on Friday, October 9th. Needham & Company LLC set a $120.00 price target on shares of Starbucks in a report on Tuesday, August 18th. Finally, CICC Research increased their price target on shares of Starbucks from $95.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Twenty-four investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Starbucks currently has an average rating of “Moderate Buy” and an average price target of $110.43.

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $105.60, for a total value of $235,382.40. Following the transaction, the chief executive officer directly owned 73,149 shares in the company, valued at approximately $7,724,534.40. This represents a 2.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 6,099 shares of company stock valued at $627,135. 0.03% of the stock is currently owned by corporate insiders.

Starbucks Stock Down 0.3%

NASDAQ SBUX opened at $99.08 on Thursday. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $110.51. The stock has a market cap of $112.95 billion, a price-to-earnings ratio of 56.94, a price-to-earnings-growth ratio of 1.43 and a beta of 0.98. The business has a fifty day moving average of $99.71 and a 200-day moving average of $101.30.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.19. The business had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%. The business’s revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, analysts anticipate that Starbucks Corporation will post 2.60 EPS for the current year.

Starbucks Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be paid a $0.63 dividend. This represents a $2.52 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Friday, November 13th. This is a positive change from Starbucks’s previous quarterly dividend of $0.62. Starbucks’s dividend payout ratio is presently 142.53%.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts expect a quarterly beat: UBS projects North American comparable-store sales growth of 7.5% and EPS of $0.77–$0.82, above consensus estimates of 6.7% and $0.72. Investors are watching whether the “Back to Starbucks” turnaround can sustain recent U.S. momentum. Starbucks expected to build on US sales momentum as investors eye 2027 outlook
• Positive Sentiment: Cost savings and technology investments could support margins: Starbucks plans a fiscal 2027 technology overhaul focused on store efficiency and labor productivity while advancing its $2 billion cost-savings program. The initiatives could improve profitability if implemented successfully. Starbucks Eyes FY27 Tech Overhaul
• Positive Sentiment: Shareholder returns remain supportive: Starbucks recently raised its quarterly dividend to $0.63 per share, adding to the investment case as management pursues its turnaround and cost-reduction plans. Learn Why the Bull Case for Starbucks Could Change Following Fourth Quarter Results
• Neutral Sentiment: Wells Fargo lowered its price target: The firm reduced its target from $125 to $120 but maintained an “overweight” rating, implying continued confidence in the long-term recovery despite more cautious valuation assumptions. Wells Fargo lowers Starbucks price target
• Neutral Sentiment: Chipotle takeover speculation is fading: Reports that Starbucks explored acquiring Chipotle have been denied or appear unlikely to proceed. Removing the prospect of a potentially complex deal reduces near-term execution and financial risks, but also eliminates a possible growth catalyst. Can Chipotle Win for Long-Term Investors Without Starbucks?
• Negative Sentiment: Sales-slowdown and valuation risks remain: Commentary highlights that Starbucks must prove its sales recovery is durable as promotional and turnaround benefits fade. With a relatively high earnings multiple, any weaker-than-expected fourth-quarter results or fiscal 2027 outlook could pressure the stock. Could Starbucks Stock Survive a Sales Slowdown?

Starbucks Profile

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.