Starbucks Corporation $SBUX Shares Sold by Compass Capital Management Inc.

Compass Capital Management Inc. cut its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 10.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 79,626 shares of the coffee company’s stock after selling 9,252 shares during the quarter. Compass Capital Management Inc.’s holdings in Starbucks were worth $6,705,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SBUX. Rachor Investment Advisory Services LLC acquired a new position in shares of Starbucks during the 4th quarter worth $25,000. Y.D. More Investments Ltd acquired a new position in shares of Starbucks during the 3rd quarter worth $26,000. Entrust Financial LLC acquired a new position in shares of Starbucks during the 4th quarter worth $26,000. Tucker Asset Management LLC acquired a new position in shares of Starbucks during the 4th quarter worth $27,000. Finally, JPL Wealth Management LLC acquired a new position in shares of Starbucks during the 3rd quarter worth $27,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on SBUX. Wedbush started coverage on shares of Starbucks in a research note on Thursday, May 14th. They set an “outperform” rating on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Starbucks from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Starbucks in a research report on Wednesday, April 29th. Tigress Financial started coverage on shares of Starbucks in a research report on Wednesday, April 15th. They issued a “buy” rating and a $122.00 price objective on the stock. Finally, Guggenheim reiterated 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. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.93.

Insider Activity

In other news, EVP Sara Kelly sold 2,000 shares of the stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction 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 represents a 3.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total transaction 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. The trade was a 2.66% 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. Over the last quarter, insiders have sold 8,099 shares of company stock worth $804,907. Insiders own 0.03% of the company’s stock.

Starbucks Trading Up 3.6%

NASDAQ:SBUX opened at $102.28 on Friday. The firm has a market cap of $116.57 billion, a price-to-earnings ratio of 77.49, a price-to-earnings-growth ratio of 1.95 and a beta of 0.98. The company’s 50-day moving average is $100.02 and its two-hundred day moving average is $94.59. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $108.88.

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, 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 net margin of 3.89% and a negative return on equity of 29.24%. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts forecast that Starbucks Corporation will post 2.42 earnings per share for the current fiscal 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 issued 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 was Friday, May 15th. Starbucks’s dividend payout ratio is presently 187.88%.

Key Starbucks News

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

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.