Starbucks Corporation $SBUX Shares Sold by Forsta AP Fonden

Forsta AP Fonden lowered its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 239,700 shares of the coffee company’s stock after selling 5,100 shares during the period. Forsta AP Fonden’s holdings in Starbucks were worth $20,185,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Collier Financial acquired a new stake in shares of Starbucks during the third quarter valued at $25,000. Rachor Investment Advisory Services LLC acquired a new stake in shares of Starbucks during the fourth quarter valued at $25,000. Y.D. More Investments Ltd acquired a new stake in shares of Starbucks during the third quarter valued at $26,000. Entrust Financial LLC acquired a new stake in shares of Starbucks during the fourth quarter valued at $26,000. Finally, JPL Wealth Management LLC purchased a new position in Starbucks during the third quarter worth about $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on SBUX shares. Stephens started coverage on Starbucks in a research report on Thursday, May 14th. They set an “overweight” rating on the stock. Citizens Jmp started coverage on Starbucks in a research report on Monday, March 30th. They set an “underperform” rating and a $84.00 target price on the stock. Evercore increased their target price on Starbucks from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. TD Cowen upgraded Starbucks from a “hold” rating to a “buy” rating and increased their target price for the stock from $106.00 to $120.00 in a research report on Thursday, May 14th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $115.00 target price (up from $110.00) on shares of Starbucks in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Starbucks currently has an average rating of “Moderate Buy” and a consensus target price of $107.48.

Starbucks Price Performance

Starbucks stock opened at $99.16 on Friday. The stock’s 50-day moving average is $99.03 and its 200-day moving average is $93.77. The company has a market cap of $113.01 billion, a price-to-earnings ratio of 75.12, a price-to-earnings-growth ratio of 1.96 and a beta of 1.01. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $108.88.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. The company had revenue of $9.53 billion for the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The company’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period last year, the business posted $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Research analysts anticipate that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Friday, May 15th. Starbucks’s dividend payout ratio (DPR) is 187.88%.

Insider Transactions at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total value of $233,621.49. Following the transaction, the chief executive officer directly owned 81,559 shares in the company, valued at $8,548,198.79. This trade represents a 2.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,500 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $97.12, for a total value of $242,800.00. Following the completion of the transaction, the executive vice president owned 59,609 shares in the company, valued at approximately $5,789,226.08. This trade represents a 4.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 11,187 shares of company stock worth $1,111,085. Company insiders own 0.03% of the company’s stock.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks said afternoon traffic is rising after its strategy shift, with visits after 2 p.m. improving as the company pushes new products and efforts to bring customers back into stores. Starbucks says afternoon traffic is rising as turnaround starts to take hold
• Positive Sentiment: Another report echoed the improving traffic trend, suggesting Starbucks’ turnaround plan may be starting to lift demand during traditionally slower afternoon hours. Starbucks sees a lift in afternoon traffic after a strategy shift
• Positive Sentiment: Starbucks received a Zacks Strong Buy income-stock mention, which may help reinforce the bullish view that the stock remains attractive to some investors. Best Income Stocks to Buy for May 28th
• Neutral Sentiment: Alsea launched the first Starbucks Smart Lounge in Chile, expanding the brand’s footprint and adding a work-and-meeting format that could support future international growth. Alsea launches first Starbucks Smart Lounge in Chile
• Neutral Sentiment: Starbucks’ presentation at Bernstein’s Strategic Decisions Conference likely kept investors focused on management’s turnaround messaging, but it did not introduce a clearly new catalyst. Starbucks Corporation (SBUX) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Negative Sentiment: Reports that Starbucks quietly retired an AI inventory agent after it miscounted stock and slowed baristas may raise questions about the effectiveness of some of its operational technology investments. Starbucks quietly retired its AI agent just months after deployment after it hallucinated coffee shop inventories and slowed down baristas
• Negative Sentiment: Separate coverage on South Korea highlighted a sales drop and backlash tied to a marketing controversy, underscoring ongoing brand and international execution risks. Starbucks Suffers Significant Drop in Sales in South Korea
• Negative Sentiment: Another article said Starbucks’ South Korea backlash is testing international growth and governance controls, which could keep pressure on sentiment if the issue spreads or worsens. Starbucks South Korea Backlash Tests International Growth And Governance Controls

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.