Dimensional Fund Advisors LP Has $245.81 Million Stock Holdings in Starbucks Corporation $SBUX

Dimensional Fund Advisors LP grew its holdings in Starbucks Corporation (NASDAQ:SBUX) by 2.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 2,744,517 shares of the coffee company’s stock after purchasing an additional 71,259 shares during the period. Dimensional Fund Advisors LP’s holdings in Starbucks were worth $245,815,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Balefire LLC bought a new position in shares of Starbucks in the first quarter worth about $204,000. Parallel Advisors LLC grew its stake in shares of Starbucks by 5.2% during the first quarter. Parallel Advisors LLC now owns 45,752 shares of the coffee company’s stock worth $4,099,000 after buying an additional 2,241 shares during the last quarter. Little House Capital LLC acquired a new position in shares of Starbucks during the first quarter worth $701,000. True North Advisors LLC acquired a new position in shares of Starbucks during the first quarter worth $646,000. Finally, SEB Asset Management AB bought a new position in shares of Starbucks in the 1st quarter valued at $21,073,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Starbucks Stock Down 0.7%

SBUX opened at $103.21 on Friday. The stock has a market cap of $117.63 billion, a PE ratio of 78.19, a price-to-earnings-growth ratio of 2.07 and a beta of 0.98. The company has a fifty day moving average of $102.40 and a 200-day moving average of $98.47. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $109.23.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.06. The firm 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 business’s quarterly revenue was up 8.8% on a year-over-year basis. During the same period last year, the company posted $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Sell-side analysts anticipate that Starbucks Corporation will post 2.41 EPS for the current fiscal year.

Starbucks Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 annualized dividend and a yield of 2.4%. Starbucks’s dividend payout ratio is currently 187.88%.

Insider Buying and Selling at Starbucks

In other news, EVP Sara Kelly sold 2,000 shares of the company’s 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $104.00, for a total value 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. This trade represents 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. Over the last three months, insiders have sold 8,687 shares of company stock worth $889,033. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SBUX shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Starbucks in a research report on Wednesday, April 29th. BTIG Research downgraded Starbucks from a “buy” rating to a “neutral” rating in a research note on Thursday, May 14th. Wells Fargo & Company reissued an “overweight” rating and set a $120.00 target price (up from $115.00) on shares of Starbucks in a report on Thursday, July 16th. TD Cowen upgraded shares of Starbucks from a “hold” rating to a “buy” rating and upped their price target for the company from $106.00 to $120.00 in a research report on Thursday, May 14th. Finally, Stifel Nicolaus set a $117.00 price objective on shares of Starbucks and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Nineteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.42.

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.