Campbell Newman Asset Management Inc. Boosts Stock Position in Starbucks Corporation $SBUX

Campbell Newman Asset Management Inc. boosted its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 1,640.3% in the first quarter, Holdings Channel reports. The fund owned 229,350 shares of the coffee company’s stock after purchasing an additional 216,171 shares during the period. Starbucks accounts for about 1.7% of Campbell Newman Asset Management Inc.’s portfolio, making the stock its 25th biggest position. Campbell Newman Asset Management Inc.’s holdings in Starbucks were worth $20,547,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Rachor Investment Advisory Services LLC purchased a new stake in shares of Starbucks during the fourth quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new stake in shares of Starbucks during the fourth quarter worth $25,000. Phillip James Consulting Co. purchased a new position in Starbucks in the 4th quarter valued at $25,000. Y.D. More Investments Ltd purchased a new position in Starbucks in the 3rd quarter valued at $26,000. Finally, Entrust Financial LLC acquired a new position in Starbucks in the 4th quarter valued at $26,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Starbucks Stock Performance

Shares of NASDAQ SBUX opened at $100.65 on Monday. The firm has a market capitalization of $114.71 billion, a P/E ratio of 76.25, a PEG ratio of 2.00 and a beta of 0.98. Starbucks Corporation has a one year low of $77.99 and a one year high of $108.88. The company’s fifty day moving average is $101.00 and its two-hundred day moving average is $95.24.

Starbucks (NASDAQ:SBUX) last announced 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. 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 during the quarter, compared to the consensus estimate of $9.17 billion. During the same quarter last year, the firm posted $0.41 EPS. The business’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. On average, sell-side analysts forecast that Starbucks Corporation will post 2.4 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a $0.62 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.48 dividend on an annualized basis and a yield of 2.5%. Starbucks’s dividend payout ratio (DPR) is 187.88%.

Analyst Ratings Changes

A number of brokerages have commented on SBUX. JPMorgan Chase & Co. upped 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. DA Davidson lifted their target price on shares of Starbucks from $97.00 to $102.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Starbucks in a research note on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Starbucks in a report on Wednesday, April 29th. Finally, UBS Group downgraded shares of Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.93.

Insider Transactions at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction that occurred on Tuesday, May 5th. The shares were 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 in the company, valued at approximately $8,548,198.79. This trade represents a 2.66% decrease in their position. The transaction 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, 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 sale, 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 8,687 shares of company stock valued at $863,707. 0.03% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts and market commentary continue to cite Starbucks as a “wide moat” consumer stock with stable-return potential in the second half of 2026, which supports the investment case for SBUX. Buy 5 Non-Tech Wide Moat Stocks for a Stable Portfolio in 2H 2026
• Positive Sentiment: Starbucks is being spotlighted for growth initiatives, including plans to double its store count outside North America and to speed up expansion in India, signaling a longer-term unit-growth runway. Starbucks Could Double Its International Store Count. Is It Time to Invest $1,000?
• Positive Sentiment: Retail-sales coverage also listed SBUX among stocks benefiting from resilient consumer demand and improving earnings estimates, reinforcing the view that the business may be holding up well. 5 Stocks to Grab as Retail Sales Continue to Surge on Robust Demand
• Neutral Sentiment: Juneteenth-related coverage about whether Starbucks stores are open or closed is likely to affect traffic only modestly and is more of a customer-information item than a stock-moving catalyst. Is Starbucks open or closed on Juneteenth?
• Neutral Sentiment: Reuters-linked reports that Starbucks Korea will close all stores early for staff training point to reputational management efforts, but the direct financial impact appears limited unless backlash spreads. Starbucks Korea Faces Sales Hit after Backlash, Plans Nationwide Staff Training, Says Reuters
• Negative Sentiment: Some coverage warned that Starbucks is among restaurant stocks investors should “think twice about,” reflecting broader caution around restaurant demand and consumer spending volatility. 3 Restaurant Stocks We Think Twice About
• Negative Sentiment: Recent market write-ups noted SBUX underperformed and saw a sharper drop than the broader market in prior trading, suggesting some near-term pressure remains on the stock. Starbucks (SBUX) Sees a More Significant Dip Than Broader Market: Some Facts to Know

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.