KMG Fiduciary Partners LLC Has $2.51 Million Stake in Starbucks Corporation $SBUX

KMG Fiduciary Partners LLC raised its holdings in Starbucks Corporation (NASDAQ:SBUX) by 225.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,803 shares of the coffee company’s stock after purchasing an additional 20,634 shares during the period. KMG Fiduciary Partners LLC’s holdings in Starbucks were worth $2,510,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Transce3nd LLC increased its holdings in shares of Starbucks by 270.3% during the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after purchasing an additional 200 shares during the period. Collier Financial bought a new stake in shares of Starbucks in the third quarter valued at approximately $25,000. Y.D. More Investments Ltd acquired a new stake in Starbucks during the third quarter worth approximately $26,000. JPL Wealth Management LLC acquired a new stake in Starbucks during the third quarter worth approximately $27,000. Finally, Kelleher Financial Advisors bought a new position in Starbucks during the 3rd quarter worth $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Analysts Set New Price Targets

SBUX has been the subject of several analyst reports. Citigroup dropped their price objective on Starbucks from $94.00 to $92.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Wells Fargo & Company set a $110.00 price target on Starbucks in a research report on Wednesday, January 28th. TD Cowen reaffirmed a “hold” rating and issued a $89.00 price target (up from $84.00) on shares of Starbucks in a research note on Friday, January 30th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Starbucks in a research report on Monday, December 29th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Starbucks in a research note on Wednesday, March 4th. Fifteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Starbucks presently has an average rating of “Moderate Buy” and an average target price of $103.81.

Starbucks Stock Performance

Shares of SBUX stock opened at $86.81 on Friday. Starbucks Corporation has a fifty-two week low of $75.50 and a fifty-two week high of $104.82. The stock’s fifty day moving average price is $95.98 and its two-hundred day moving average price is $88.73. The company has a market cap of $98.90 billion, a PE ratio of 71.74, a P/E/G ratio of 2.03 and a beta of 0.93.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The business had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. During the same period last year, the firm posted $0.69 EPS. Starbucks’s quarterly revenue was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, equities analysts predict that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

Insider Activity

In other Starbucks news, CEO Brady Brewer sold 1,641 shares of the business’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $159,373.92. Following the completion of the transaction, the chief executive officer owned 86,605 shares of the company’s stock, valued at approximately $8,411,077.60. The trade was a 1.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sara Kelly sold 2,500 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $242,800.00. Following the completion of the transaction, the executive vice president directly owned 59,609 shares of the company’s stock, valued at $5,789,226.08. This trade represents a 4.03% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 4,729 shares of company stock valued at $460,974. Insiders own 0.03% of the company’s stock.

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.