Commonwealth of Pennsylvania Public School Empls Retrmt SYS Reduces Holdings in Starbucks Corporation $SBUX

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 3.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 264,449 shares of the coffee company’s stock after selling 8,514 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Starbucks were worth $22,269,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Collier Financial bought a new position in Starbucks in the 3rd quarter worth about $25,000. Rachor Investment Advisory Services LLC bought a new position in Starbucks in the 4th quarter worth about $25,000. Y.D. More Investments Ltd bought a new position in Starbucks in the 3rd quarter worth about $26,000. Entrust Financial LLC bought a new position in Starbucks in the 4th quarter worth about $26,000. Finally, JPL Wealth Management LLC bought a new position in Starbucks in the 3rd quarter worth about $27,000. Institutional investors own 72.29% of the company’s stock.

Analysts Set New Price Targets

SBUX has been the subject of several analyst reports. Wolfe Research initiated coverage on Starbucks in a research note on Monday, March 9th. They issued a “peer perform” rating for the company. TD Cowen upgraded Starbucks from a “hold” rating to a “buy” rating and raised their target price for the stock from $106.00 to $120.00 in a research note on Thursday, May 14th. Citigroup raised their target price on Starbucks from $99.00 to $101.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Robert W. Baird raised their target price on Starbucks from $112.00 to $117.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Starbucks in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $107.48.

Starbucks Price Performance

NASDAQ:SBUX opened at $99.16 on Monday. The business’s 50-day moving average price is $99.03 and its two-hundred day moving average price is $93.83. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $108.88. The stock has a market cap of $113.01 billion, a P/E ratio of 75.12, a PEG ratio of 1.95 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share 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 quarter last year, the firm posted $0.41 EPS. The company’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. On average, equities research analysts expect that Starbucks Corporation will post 2.42 EPS for the current fiscal year.

Starbucks Announces Dividend

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

Insider Transactions at Starbucks

In related news, 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 transaction of $242,800.00. Following the transaction, the executive vice president directly owned 59,609 shares of the company’s stock, valued at approximately $5,789,226.08. This trade represents a 4.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction dated 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 directly owned 81,559 shares in the company, valued at approximately $8,548,198.79. This represents a 2.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 11,187 shares of company stock worth $1,111,085. 0.03% of the stock is currently owned by insiders.

Starbucks News Roundup

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.