Aspen Investment Management Inc Makes New Investment in Starbucks Corporation $SBUX

Aspen Investment Management Inc bought a new position in shares of Starbucks Corporation (NASDAQ:SBUX) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 4,915 shares of the coffee company’s stock, valued at approximately $414,000.

A number of other large investors also recently bought and sold shares of SBUX. Collier Financial bought a new position in Starbucks during the 3rd quarter worth approximately $25,000. Rachor Investment Advisory Services LLC bought a new stake in shares of Starbucks in the 4th quarter worth approximately $25,000. Y.D. More Investments Ltd bought a new stake in shares of Starbucks in the 3rd quarter worth approximately $26,000. Entrust Financial LLC bought a new stake in shares of Starbucks in the 4th quarter worth approximately $26,000. Finally, Tucker Asset Management LLC bought a new stake in shares of Starbucks in the 4th quarter worth approximately $27,000. Institutional investors own 72.29% of the company’s stock.

Insider Buying and Selling at Starbucks

In other news, EVP Sara Kelly sold 2,500 shares of Starbucks stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $242,800.00. Following the transaction, the executive vice president directly owned 59,609 shares in the company, valued at approximately $5,789,226.08. This trade represents a 4.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total value of $233,621.49. Following the transaction, the chief executive officer owned 81,559 shares in the company, valued at approximately $8,548,198.79. This trade represents a 2.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 11,187 shares of company stock worth $1,111,085. 0.03% of the stock is owned by insiders.

Starbucks Price Performance

SBUX opened at $106.50 on Thursday. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $108.88. The stock has a market cap of $121.38 billion, a P/E ratio of 80.68, a P/E/G ratio of 2.14 and a beta of 1.01. The stock’s 50 day moving average price is $98.55 and its 200 day moving average price is $92.87.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, beating 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 firm had revenue of $9.53 billion for the quarter, compared to analysts’ expectations of $9.17 billion. During the same period last year, the firm earned $0.41 EPS. The firm’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 analysts anticipate that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a dividend of $0.62 per share. The ex-dividend date is Friday, May 15th. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. Starbucks’s dividend payout ratio (DPR) is 187.88%.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks completed a cash tender offer, which helps refine its debt profile and may improve financial flexibility. Starbucks Completes Cash Tender Offer, Refines Debt Profile
• Positive Sentiment: Investors continue to focus on Starbucks’ “Back to Starbucks” turnaround efforts, including cost cuts and operational simplification, which can support longer-term margin improvement. Starbucks Restructuring Tests Back To Starbucks Turnaround And Margin Hopes
• Neutral Sentiment: Starbucks shares were described as holding steady while the market digested the company’s $400 million restructuring hit, suggesting investors are still evaluating whether the long-term savings justify the near-term charge. Starbucks Shares Hold Steady As Investors Continue To Digest $400 Million Restructuring Hit
• Negative Sentiment: New reports said Starbucks’ plastic cups marketed as recyclable often end up in trash rather than recycling facilities, adding reputational and ESG pressure. US group says Starbucks plastic cups marked recyclable end up in trash
• Negative Sentiment: Starbucks Korea’s chief was fired after the “Tank Day” promotion triggered backlash, underscoring execution and brand-safety risks for the company internationally. Starbucks Korea head fired after ‘Tank Day’ promotion sparks public uproar

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SBUX. Citizens Jmp began coverage on Starbucks in a report on Monday, March 30th. They issued an “underperform” rating and a $84.00 price target on the stock. TD Cowen raised Starbucks from a “hold” rating to a “buy” rating and raised their price target for the stock from $106.00 to $120.00 in a report on Thursday, May 14th. Tigress Financial began coverage on Starbucks in a report on Wednesday, April 15th. They issued a “buy” rating and a $122.00 price target on the stock. Morgan Stanley raised Starbucks from an “overweight” rating to an “overweight” rating in a report on Thursday, May 14th. Finally, The Goldman Sachs Group downgraded Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Starbucks has an average rating of “Moderate Buy” and an average target price of $107.48.

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.