Starbucks Corporation $SBUX Shares Sold by Arcadia Investment Management Corp MI

Arcadia Investment Management Corp MI reduced its position in Starbucks Corporation (NASDAQ:SBUX) by 19.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 91,415 shares of the coffee company’s stock after selling 21,387 shares during the quarter. Starbucks comprises approximately 1.2% of Arcadia Investment Management Corp MI’s holdings, making the stock its 24th largest position. Arcadia Investment Management Corp MI’s holdings in Starbucks were worth $7,698,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Aerodigm Wealth LLC boosted its stake in shares of Starbucks by 2.7% in the 4th quarter. Aerodigm Wealth LLC now owns 4,245 shares of the coffee company’s stock valued at $357,000 after buying an additional 112 shares during the period. River Street Advisors LLC boosted its stake in shares of Starbucks by 0.8% in the 4th quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company’s stock valued at $1,138,000 after buying an additional 113 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in shares of Starbucks by 38.2% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 409 shares of the coffee company’s stock valued at $34,000 after buying an additional 113 shares during the period. Integrity Alliance LLC. boosted its stake in shares of Starbucks by 3.0% in the 4th quarter. Integrity Alliance LLC. now owns 3,907 shares of the coffee company’s stock valued at $329,000 after buying an additional 114 shares during the period. Finally, Opus Capital Group LLC boosted its stake in shares of Starbucks by 3.9% in the 4th quarter. Opus Capital Group LLC now owns 3,187 shares of the coffee company’s stock valued at $268,000 after buying an additional 120 shares during the period. Hedge funds and other institutional investors own 72.29% of the company’s stock.

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

Insider Buying and Selling

In other news, EVP Sara Kelly sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total value of $242,800.00. Following the transaction, the executive vice president owned 59,609 shares of the company’s stock, valued at approximately $5,789,226.08. The trade was a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 81,559 shares in the company, valued at approximately $8,548,198.79. The trade was a 2.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 11,187 shares of company stock worth $1,111,085. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SBUX shares. Morgan Stanley upgraded Starbucks from an “overweight” rating to an “overweight” rating in a research note on Thursday, May 14th. Citizens Jmp started coverage on Starbucks in a research note on Monday, March 30th. They set an “underperform” rating and a $84.00 target price for the company. Evercore boosted their target price on Starbucks from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Citigroup boosted 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. Finally, The Goldman Sachs Group cut Starbucks from a “neutral” rating to a “neutral” rating in a research note on Thursday, May 14th. One investment 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $107.48.

Starbucks Price Performance

SBUX opened at $99.16 on Monday. The firm has a market cap of $113.01 billion, a price-to-earnings ratio of 75.12, a price-to-earnings-growth ratio of 1.95 and a beta of 0.98. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $108.88. The business’s 50 day moving average is $99.03 and its two-hundred day moving average is $93.83.

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

Starbucks Announces Dividend

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

Starbucks Company 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.