Global Retirement Partners LLC Increases Stock Holdings in Starbucks Corporation $SBUX

Global Retirement Partners LLC boosted its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 10.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,816 shares of the coffee company’s stock after acquiring an additional 5,329 shares during the quarter. Global Retirement Partners LLC’s holdings in Starbucks were worth $4,953,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Providence Capital Advisors LLC purchased a new position in Starbucks during the 3rd quarter valued at about $6,099,000. Vanguard Group Inc. boosted its holdings in Starbucks by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 113,438,902 shares of the coffee company’s stock valued at $9,596,931,000 after acquiring an additional 577,279 shares during the period. Lantz Financial LLC boosted its holdings in Starbucks by 346.6% during the 3rd quarter. Lantz Financial LLC now owns 17,833 shares of the coffee company’s stock valued at $1,509,000 after acquiring an additional 13,840 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Starbucks by 10.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,241,131 shares of the coffee company’s stock valued at $358,800,000 after acquiring an additional 405,331 shares during the period. Finally, Compass Wealth Management LLC boosted its holdings in Starbucks by 33.5% during the 3rd quarter. Compass Wealth Management LLC now owns 79,193 shares of the coffee company’s stock valued at $6,700,000 after acquiring an additional 19,877 shares during the period. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Starbucks Price Performance

SBUX stock opened at $104.13 on Friday. The firm has a market capitalization of $118.68 billion, a P/E ratio of 78.89, a P/E/G ratio of 2.15 and a beta of 1.01. The business’s 50-day moving average is $98.62 and its two-hundred day moving average is $93.03. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $108.88.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%.Starbucks’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, analysts expect that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, May 15th. Starbucks’s dividend payout ratio (DPR) is 187.88%.

Insider Activity

In other news, EVP Sara Kelly sold 2,000 shares of the firm’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 sale, the executive vice president owned 57,653 shares of the company’s stock, valued at approximately $6,053,565. This trade represents a 3.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the firm’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 directly owned 81,559 shares in the company, valued at $8,548,198.79. This trade represents 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. Insiders have sold a total of 11,187 shares of company stock worth $1,111,085 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

SBUX has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Starbucks in a report on Wednesday, April 29th. Dbs Bank raised Starbucks from a “strong sell” rating to a “moderate sell” rating in a research report on Friday, March 20th. Wolfe Research began coverage on Starbucks in a research report on Monday, March 9th. They issued a “peer perform” rating on the stock. New Street Research set a $90.00 price target on Starbucks in a research report on Tuesday, January 27th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $110.00 price target on shares of Starbucks in a research report on Wednesday, April 29th. 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 MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $107.48.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks announced CEO Brian Niccol and CFO Cathy Smith will host a fireside chat at the Bernstein 42nd Annual Strategic Decisions Conference on May 28, giving investors another opportunity to hear updated strategy and turnaround progress. Starbucks to Participate in the Bernstein 42nd Annual Strategic Decisions Conference
• Positive Sentiment: Starbucks completed a cash tender offer to refine its debt profile, a move that can improve financial flexibility and strengthen the balance sheet. Starbucks Completes Cash Tender Offer, Refines Debt Profile
• Neutral Sentiment: Starbucks is drawing attention for its summer menu rollout and new promotions, which could help seasonal traffic but are not yet a clear earnings catalyst. Starbucks drops another summer surprise as competition heats up
• Neutral Sentiment: Analyst-style coverage comparing Starbucks to retail and wholesale peers is mostly informational and does not appear to be driving a major stock-specific move. Starbucks’ China JV Shift Reshapes Revenue and Margin Outlook
• Negative Sentiment: Starbucks said it is cutting another 300 jobs and taking about $400 million in restructuring charges as part of a $2 billion cost-reduction push, highlighting the cost of its turnaround. Starbucks Cuts Another 300 Jobs Amid $2 Billion Cost Reduction Push
• Negative Sentiment: Environmental reporting alleging Starbucks’ “widely recyclable” cold cups often end up in trash could hurt brand perception and invite more criticism around sustainability claims. Widely Recyclable Cold Cups Seldom Reach Recycling, Study Finds, and Starbucks Stock Pays the Price
• Negative Sentiment: Reports that Starbucks’ China JV shift will reduce reported revenue in China, even if it boosts margins and adds cash, may pressure near-term sales expectations. Starbucks’ China JV Shift Reshapes Revenue and Margin Outlook

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.