Alps Advisors Inc. Has $26.70 Million Stake in Starbucks Corporation $SBUX

Alps Advisors Inc. lifted its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 1,260.7% during the 4th quarter, HoldingsChannel reports. The fund owned 317,097 shares of the coffee company’s stock after purchasing an additional 293,793 shares during the period. Alps Advisors Inc.’s holdings in Starbucks were worth $26,703,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Vanguard Group Inc. raised its position in Starbucks by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 114,410,675 shares of the coffee company’s stock worth $9,634,523,000 after purchasing an additional 971,773 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of Starbucks by 11.4% in the 3rd quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock valued at $7,229,968,000 after purchasing an additional 8,774,198 shares during the period. Capital World Investors lifted its stake in shares of Starbucks by 9.0% in the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after purchasing an additional 7,007,268 shares during the period. Geode Capital Management LLC lifted its stake in shares of Starbucks by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company’s stock valued at $2,212,153,000 after purchasing an additional 225,168 shares during the period. Finally, Capital International Investors lifted its stake in shares of Starbucks by 7.3% in the 4th quarter. Capital International Investors now owns 15,758,440 shares of the coffee company’s stock valued at $1,327,245,000 after purchasing an additional 1,066,668 shares during the period. 72.29% of the stock is owned by institutional investors.

Starbucks Price Performance

Shares of Starbucks stock opened at $102.28 on Friday. Starbucks Corporation has a one year low of $77.99 and a one year high of $108.88. The firm has a market capitalization of $116.57 billion, a price-to-earnings ratio of 77.49, a PEG ratio of 1.95 and a beta of 0.98. The business has a 50-day simple moving average of $100.02 and a 200 day simple moving average of $94.59.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. The business had revenue of $9.53 billion during 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 period in the previous year, the company posted $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, sell-side analysts expect that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Friday, May 15th. Starbucks’s payout ratio is currently 187.88%.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks is reportedly evaluating a sale or IPO-style transaction for its Japan operations, a move that could unlock value from one of its most important overseas markets and free up capital for other priorities. Starbucks Evaluates Sale and IPO Options for Japanese Operations (SBUX)
• Positive Sentiment: Additional reports said Starbucks has held early discussions with investment banks about strategic options in Japan, reinforcing speculation that management may take another asset-light step similar to its recent China ownership changes. Starbucks mulls options for Japan business, including stake sale
• Positive Sentiment: Business headlines also pointed to ongoing operational momentum, including stronger U.S. comparable-store sales, rising transactions across income groups, and improving operating income, which supports the view that the turnaround is gaining traction. Starbucks eyes massive change in key market
• Positive Sentiment: Investor enthusiasm was also reflected in unusually heavy call-option buying, a sign that some traders are positioning for further upside in SBUX. Starbucks eyes massive change in Japan
• Neutral Sentiment: CEO Brady Brewer disclosed a pre-arranged share sale under a 10b5-1 trading plan, which is routine and not necessarily a bearish signal, but it can create modest headline noise. SEC filing

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SBUX. Weiss Ratings reissued a “hold (c)” rating on shares of Starbucks in a research note on Wednesday, April 22nd. The Goldman Sachs Group downgraded Starbucks from a “neutral” rating to a “neutral” rating in a research note on Thursday, May 14th. Dbs Bank raised Starbucks from a “strong sell” rating to a “moderate sell” rating in a research note on Friday, March 20th. Robert W. Baird boosted their price objective on Starbucks from $112.00 to $117.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Starbucks in a research note on Wednesday, March 4th. One 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 issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $107.93.

Insider Buying and Selling

In other Starbucks news, 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 transaction of $210,000.00. Following the completion of the sale, the executive vice president directly owned 57,653 shares of the company’s stock, valued at approximately $6,053,565. The trade was a 3.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 1,641 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $94.33, for a total value of $154,795.53. Following the sale, the chief executive officer directly owned 80,181 shares of the company’s stock, valued at $7,563,473.73. This represents a 2.01% 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 have sold a total of 8,099 shares of company stock valued at $804,907 over the last three months. Corporate insiders own 0.03% of the company’s stock.

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.