Starbucks Corporation $SBUX Shares Sold by Hantz Financial Services Inc.

Hantz Financial Services Inc. lowered its position in Starbucks Corporation (NASDAQ:SBUX) by 7.0% in the third quarter, Holdings Channel reports. The fund owned 242,190 shares of the coffee company’s stock after selling 18,345 shares during the period. Hantz Financial Services Inc.’s holdings in Starbucks were worth $20,489,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Game Plan Financial Advisors LLC acquired a new stake in shares of Starbucks during the 2nd quarter worth about $25,000. Transce3nd LLC boosted its holdings in Starbucks by 270.3% in the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. MTM Investment Management LLC purchased a new position in Starbucks in the second quarter valued at approximately $28,000. PFS Partners LLC raised its holdings in Starbucks by 457.4% during the third quarter. PFS Partners LLC now owns 340 shares of the coffee company’s stock worth $29,000 after purchasing an additional 279 shares in the last quarter. Finally, REAP Financial Group LLC lifted its position in shares of Starbucks by 119.4% during the 2nd quarter. REAP Financial Group LLC now owns 362 shares of the coffee company’s stock worth $33,000 after buying an additional 197 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. BTIG Research reaffirmed a “buy” rating and issued a $105.00 target price on shares of Starbucks in a research report on Thursday, January 29th. William Blair upgraded shares of Starbucks from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 22nd. Guggenheim reiterated a “buy” rating and set a $90.00 target price on shares of Starbucks in a research report on Monday, January 26th. Dbs Bank downgraded Starbucks from a “hold” rating to a “strong sell” rating in a report on Friday, November 7th. Finally, Wall Street Zen raised Starbucks from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Eighteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $104.67.

Starbucks Stock Performance

Shares of NASDAQ:SBUX opened at $93.04 on Wednesday. Starbucks Corporation has a one year low of $75.50 and a one year high of $117.46. The stock has a market capitalization of $106.00 billion, a price-to-earnings ratio of 76.89, a PEG ratio of 2.08 and a beta of 0.96. The company has a 50-day simple moving average of $88.40 and a 200-day simple moving average of $87.07.

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

Starbucks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, February 13th. Starbucks’s dividend payout ratio is 204.96%.

Insider Buying and Selling at Starbucks

In related news, Director Jorgen Vig Knudstorp purchased 11,700 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was purchased at an average cost of $85.00 per share, with a total value of $994,500.00. Following the completion of the acquisition, the director directly owned 53,096 shares in the company, valued at $4,513,160. This trade represents a 28.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 0.03% of the stock is currently owned by corporate insiders.

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.