Starbucks Corporation $SBUX Shares Sold by Founders Financial Securities LLC

Founders Financial Securities LLC trimmed its holdings in Starbucks Corporation (NASDAQ:SBUX) by 61.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,080 shares of the coffee company’s stock after selling 8,055 shares during the period. Founders Financial Securities LLC’s holdings in Starbucks were worth $428,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in SBUX. Vanguard Group Inc. lifted its stake in Starbucks by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 114,410,675 shares of the coffee company’s stock valued at $9,634,523,000 after buying an additional 971,773 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of Starbucks by 11.4% in the third quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock worth $7,229,968,000 after acquiring an additional 8,774,198 shares during the last quarter. Capital World Investors lifted its position in shares of Starbucks by 1.9% in the third quarter. Capital World Investors now owns 77,720,137 shares of the coffee company’s stock valued at $6,575,430,000 after acquiring an additional 1,462,874 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Starbucks by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company’s stock valued at $2,212,153,000 after acquiring an additional 225,168 shares in the last quarter. Finally, Capital International Investors boosted its stake in shares of Starbucks by 22.5% during the third quarter. Capital International Investors now owns 14,691,772 shares of the coffee company’s stock valued at $1,243,104,000 after acquiring an additional 2,699,479 shares during the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts and market commentators remain constructive on Starbucks’ turnaround, pointing to stronger revenue and earnings trends, improved traffic, and a first clean earnings beat in several quarters. Has Starbucks Reached the Turning Point in Its Turnaround Story?
• Positive Sentiment: Recent coverage highlights bullish sentiment from institutional ownership and analyst price targets that remain above the current trading level, reinforcing confidence in the stock’s longer-term recovery. Smart Money Owns 87% of Starbucks. Should Retail Investors Follow?
• Positive Sentiment: Starbucks’ nostalgia-driven menu strategy is drawing interest, with the company bringing back popular limited-time drinks such as the S’mores Frappuccino to help boost customer engagement and traffic. Starbucks brings back viral drink after 7 years, adds new item
• Neutral Sentiment: Starbucks announced that CEO Brian Niccol will speak at Evercore’s Consumer and Retail Conference next week; the event may provide updates on the turnaround, but the announcement itself is not a major business catalyst. Starbucks to Participate in the 6th Annual Evercore Consumer and Retail Conference
• Neutral Sentiment: Several articles discuss Starbucks’ stock performance versus peers and whether investors should follow the current momentum, but these are commentary pieces rather than new company-specific developments. How Is Starbucks’ Stock Performance Compared to Other Consumer Discretionary Stocks?
• Negative Sentiment: Broader discussion around Starbucks’ nostalgia-heavy menu strategy also reflects lingering concerns that the company may be relying on old favorites to support demand while the turnaround is still incomplete. Starbucks Stock (NASDAQ:SBUX) Rises Along With Nostalgic Menu Concerns

Insider Buying and Selling at Starbucks

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of the business’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $105.00, for a total transaction of $210,000.00. Following the completion of the sale, the executive vice president owned 57,653 shares of the company’s stock, valued at approximately $6,053,565. The trade was a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the company’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 sale, the chief executive officer owned 81,559 shares of the company’s stock, valued at $8,548,198.79. This represents a 2.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 11,187 shares of company stock valued at $1,111,085 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Starbucks Price Performance

SBUX opened at $95.51 on Wednesday. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $108.88. The business has a 50-day moving average of $99.04 and a two-hundred day moving average of $93.90. The stock has a market capitalization of $108.85 billion, a price-to-earnings ratio of 72.36, a price-to-earnings-growth ratio of 1.90 and a beta of 0.98.

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

Starbucks Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.48 annualized dividend and a dividend yield of 2.6%. Starbucks’s payout ratio is currently 187.88%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Starbucks in a research report on Wednesday, April 29th. Piper Sandler reaffirmed an “overweight” rating and set a $110.00 price target on shares of Starbucks in a research note on Wednesday, April 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Starbucks in a research report on Wednesday, April 22nd. Evercore upped their price objective on shares of Starbucks from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Finally, UBS Group lowered shares of Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.