12,666 Shares in Starbucks Corporation $SBUX Purchased by Aigen Investment Management LP

Aigen Investment Management LP acquired a new position in shares of Starbucks Corporation (NASDAQ:SBUXFree Report) in the fourth quarter, HoldingsChannel reports. The firm acquired 12,666 shares of the coffee company’s stock, valued at approximately $1,067,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Aerodigm Wealth LLC increased its position in Starbucks by 2.7% during the 4th quarter. Aerodigm Wealth LLC now owns 4,245 shares of the coffee company’s stock worth $357,000 after purchasing an additional 112 shares in the last quarter. River Street Advisors LLC increased its position in Starbucks by 0.8% during the 4th quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company’s stock worth $1,138,000 after purchasing an additional 113 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in 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. grew its holdings in 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, RPg Family Wealth Advisory LLC grew its holdings in Starbucks by 4.5% in the 4th quarter. RPg Family Wealth Advisory LLC now owns 2,711 shares of the coffee company’s stock valued at $228,000 after buying an additional 117 shares during the period. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

Analyst Upgrades and Downgrades

Several research firms have commented on SBUX. Zacks Research upgraded Starbucks from a “hold” rating to a “strong-buy” rating in a report on Friday, May 15th. TD Cowen upgraded Starbucks from a “hold” rating to a “buy” rating and lifted their price target for the company from $106.00 to $120.00 in a report on Thursday, May 14th. UBS Group cut Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. Piper Sandler restated an “overweight” rating and issued a $110.00 price target on shares of Starbucks in a report on Wednesday, April 29th. Finally, Citigroup lifted their price target on Starbucks from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. One research 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 MarketBeat.com, Starbucks presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.93.

Get Our Latest Stock Analysis on Starbucks

Starbucks Stock Performance

NASDAQ SBUX opened at $103.04 on Monday. Starbucks Corporation has a one year low of $77.99 and a one year high of $108.88. The company’s 50 day moving average price is $100.27 and its 200 day moving average price is $94.72. The firm has a market capitalization of $117.43 billion, a price-to-earnings ratio of 78.06, a PEG ratio of 2.03 and a beta of 0.98.

Starbucks (NASDAQ:SBUXGet Free Report) last posted its quarterly 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 net margin of 3.89% and a negative return on equity of 29.24%. The firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same quarter last year, the firm posted $0.41 earnings per share. Starbucks’s revenue for the quarter was up 8.8% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Sell-side analysts forecast that Starbucks Corporation will post 2.42 EPS for the current fiscal year.

Starbucks Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a $0.62 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.48 annualized dividend and a yield of 2.4%. Starbucks’s dividend payout ratio (DPR) is presently 187.88%.

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of the firm’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 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. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $105.00, for a total value of $210,000.00. Following the transaction, the executive vice president directly owned 57,653 shares in the company, valued at $6,053,565. This trade represents a 3.35% 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. Insiders sold 8,099 shares of company stock worth $804,907 in the last 90 days. 0.03% of the stock is currently owned by insiders.

Starbucks Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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