ABN Amro Investment Solutions grew its stake in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) by 16.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,848 shares of the coffee company’s stock after acquiring an additional 9,113 shares during the quarter. ABN Amro Investment Solutions’ holdings in Starbucks were worth $5,899,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Starbucks by 0.9% in the fourth 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 World Investors grew its position in Starbucks by 9.0% during the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock worth $7,135,228,000 after purchasing an additional 7,007,268 shares during the period. State Street Corp raised its stake in shares of Starbucks by 0.7% during the 4th quarter. State Street Corp now owns 47,869,056 shares of the coffee company’s stock valued at $4,031,053,000 after buying an additional 327,161 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Starbucks by 0.9% during 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 buying an additional 225,168 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its holdings in shares of Starbucks by 65.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock valued at $1,637,704,000 after buying an additional 7,725,547 shares during the period. Hedge funds and other institutional investors own 72.29% of the company’s stock.
Starbucks Trading Down 0.4%
Shares of SBUX stock opened at $103.98 on Thursday. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $109.23. The business’s 50 day moving average is $102.46 and its two-hundred day moving average is $98.34. The company has a market capitalization of $118.51 billion, a P/E ratio of 78.77, a P/E/G ratio of 2.08 and a beta of 0.98.
Starbucks Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s payout ratio is presently 187.88%.
Insider Buying and Selling at Starbucks
In other Starbucks news, EVP Sara Kelly sold 2,000 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the completion of the transaction, the executive vice president directly owned 57,653 shares in the company, valued at approximately $6,053,565. This represents a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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 2,229 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $104.00, for a total transaction of $231,816.00. Following the transaction, the chief executive officer directly owned 77,364 shares in the company, valued at approximately $8,045,856. The trade was a 2.80% decrease in their ownership of the stock. 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 valued at $889,033. 0.03% of the stock is owned by insiders.
Wall Street Analyst Weigh In
A number of analysts have recently commented on SBUX shares. Citizens Jmp began coverage on Starbucks in a research note on Monday, March 30th. They issued an “underperform” rating and a $84.00 target price on the stock. Stephens initiated coverage on Starbucks in a research report on Thursday, May 14th. They set an “overweight” rating for the company. Citigroup reissued a “neutral” rating and issued a $108.00 price target (up from $101.00) on shares of Starbucks in a report on Tuesday, July 14th. The Goldman Sachs Group lowered Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. Finally, BNP Paribas Exane initiated coverage on shares of Starbucks in a research note on Thursday, May 14th. They set an “underperform” rating on the stock. Nineteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.42.
Check Out Our Latest Stock Analysis on Starbucks
Trending Headlines about Starbucks
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Analysts and market commentary say Starbucks’ turnaround under Brian Niccol is showing signs of progress, with shares near a 52-week high even after a tough profit comparison last year. Investors seem focused on whether the company can keep improving customer traffic and operating performance ahead of the next major test on July 29. Brian Niccol’s Starbucks Turnaround Is Quietly Working — Even With Profit Cut in Half. The July 29 Test Comes Next.
- Positive Sentiment: Another report said Starbucks raised its fiscal 2026 outlook, citing traffic gains, margin recovery, and cost savings. That supports the view that the company’s operational turnaround is gaining traction and could improve earnings expectations. Can Starbucks Turn Traffic Gains Into Sustainable Earnings Growth?
- Neutral Sentiment: Starbucks was also highlighted as a trending stock, reflecting elevated investor interest rather than a new fundamental catalyst. Starbucks Corporation (SBUX) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: Coverage on Starbucks’ lobbying spending and its five-year stock performance did not appear to introduce a new business catalyst, but it did keep the company in the news as investors weigh whether the turnaround can close the long-term performance gap. Guess How Much Starbucks Spends on Lobbying. Starbucks Stock (NASDAQ:SBUX) Gains Starbucks’ Stock Down 17% In Five Years
- Negative Sentiment: Zacks noted Starbucks may not have the right setup for an earnings beat in its upcoming report, which could temper enthusiasm if results disappoint expectations. Starbucks (SBUX) Earnings Expected to Grow: Should You Buy?
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.
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