Fiduciary Alliance LLC Has $951,000 Stake in Starbucks Corporation $SBUX

Fiduciary Alliance LLC grew its position in Starbucks Corporation (NASDAQ:SBUX) by 300.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,669 shares of the coffee company’s stock after acquiring an additional 7,252 shares during the period. Fiduciary Alliance LLC’s holdings in Starbucks were worth $951,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Rachor Investment Advisory Services LLC acquired a new position in Starbucks in the fourth quarter worth $25,000. Cornerstone Financial Management LLC bought a new position in shares of Starbucks in the fourth quarter valued at about $25,000. Phillip James Consulting Co. acquired a new position in Starbucks during the 4th quarter worth about $25,000. Entrust Financial LLC acquired a new position in Starbucks during the 4th quarter worth about $26,000. Finally, Tucker Asset Management LLC bought a new stake in Starbucks during the 4th quarter worth about $27,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. Guggenheim restated a “neutral” rating and issued a $97.00 price objective (up from $95.00) on shares of Starbucks in a research report on Wednesday, April 29th. Wolfe Research assumed coverage on shares of Starbucks in a research note on Monday, March 9th. They set a “peer perform” rating on the stock. Stephens assumed coverage on shares of Starbucks in a report on Thursday, May 14th. They issued an “overweight” rating for the company. Jefferies Financial Group began coverage on shares of Starbucks in a research report on Thursday, May 14th. They issued a “buy” rating for the company. Finally, BTIG Research downgraded Starbucks from a “buy” rating to a “neutral” rating in a report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Starbucks currently has an average rating of “Moderate Buy” and a consensus target price of $108.59.

Insiders Place Their Bets

In related news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total transaction of $233,621.49. Following the completion of the sale, the chief executive officer directly owned 81,559 shares of the company’s stock, valued at $8,548,198.79. The trade was a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total value 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 $6,053,565. This represents a 3.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 8,687 shares of company stock worth $863,707. 0.03% of the stock is currently owned by company insiders.

Starbucks Trading Up 1.4%

Shares of NASDAQ SBUX opened at $104.60 on Friday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $108.88. The firm’s 50-day moving average is $101.50 and its 200-day moving average is $95.76. The firm has a market capitalization of $119.21 billion, a PE ratio of 79.24, a price-to-earnings-growth ratio of 2.05 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data 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 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 analyst estimates of $9.17 billion. During the same period in the prior year, the business posted $0.41 earnings per share. Starbucks’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. As a group, equities research analysts anticipate that Starbucks Corporation will post 2.4 earnings per share for the current fiscal year.

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.