Bokf Na Lowers Holdings in Starbucks Corporation $SBUX

Bokf Na lowered its holdings in Starbucks Corporation (NASDAQ:SBUX) by 26.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,373 shares of the coffee company’s stock after selling 8,458 shares during the quarter. Bokf Na’s holdings in Starbucks were worth $1,968,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Collier Financial acquired a new stake in Starbucks in the third quarter valued at $25,000. Rachor Investment Advisory Services LLC acquired a new stake in Starbucks in the fourth quarter valued at $25,000. Y.D. More Investments Ltd acquired a new stake in Starbucks in the third quarter valued at $26,000. JPL Wealth Management LLC acquired a new stake in Starbucks in the third quarter valued at $27,000. Finally, Kelleher Financial Advisors acquired a new stake in Starbucks in the third quarter valued at $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Starbucks Trading Down 2.0%

NASDAQ:SBUX opened at $104.26 on Friday. The firm has a 50-day moving average price of $97.07 and a two-hundred day moving average price of $91.54. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $107.55. The company has a market capitalization of $118.78 billion, a P/E ratio of 78.99, a price-to-earnings-growth ratio of 2.15 and a beta of 1.01.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.06. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The firm had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same period last year, the firm posted $0.41 EPS. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts predict that Starbucks Corporation will post 2.41 earnings per share for the current year.

Starbucks Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.48 annualized dividend and a yield of 2.4%. Starbucks’s payout ratio is presently 187.88%.

Analyst Upgrades and Downgrades

A number of research firms have commented on SBUX. Guggenheim reissued a “neutral” rating and issued a $97.00 target price (up from $95.00) on shares of Starbucks in a report on Wednesday, April 29th. BNP Paribas Exane raised their target price on Starbucks from $84.00 to $87.00 and gave the company an “underperform” rating in a report on Wednesday, April 29th. Tigress Financial began coverage on Starbucks in a report on Wednesday, April 15th. They issued a “buy” rating and a $122.00 target price for the company. Citizens Jmp began coverage on Starbucks in a report on Monday, March 30th. They issued an “underperform” rating and a $84.00 target price for the company. Finally, New Street Research set a $90.00 target price on Starbucks in a report on Tuesday, January 27th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $107.00.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Q2 takeaways show improving traffic and a budding turnaround narrative that has investors encouraged about recovery in store performance. Read More.
• Positive Sentiment: Analysts and commentary are pointing to building momentum and valuation re-rating discussions as recent share performance and fundamentals draw attention. Read More.
• Neutral Sentiment: Coverage notes that while Starbucks has staged a comeback on several metrics, risks remain and the recovery may be uneven — a cautious take that tempers immediate bullishness. Read More.
• Negative Sentiment: Multiple outlets report baristas say the company’s new $1,200 bonus structure is effectively unattainable given staffing constraints, raising concerns about morale, retention and store execution. Read More. Read More.
• Negative Sentiment: Customer experience chatter (so-called cup notes) and related commentary suggest some consumers are noticing service or consistency issues, which could limit traffic gains if widespread. Read More.
• Negative Sentiment: Insider selling: CEO Brady Brewer sold a small stake under a pre-arranged 10b5-1 plan, which investors sometimes view unfavorably despite the routine nature of such trades. Read More.
• Negative Sentiment: Competitive pressure: rival chains like Dutch Bros. are reporting accelerating sales and raised outlooks, underscoring a more aggressive competitive environment in the drive-thru/beverage space. Read More.

Insider Activity

In related news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total value of $233,621.49. Following the completion of the transaction, the chief executive officer owned 81,559 shares of the company’s stock, valued at approximately $8,548,198.79. The trade was a 2.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,500 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $242,800.00. Following the completion of the transaction, the executive vice president directly owned 59,609 shares of the company’s stock, valued at $5,789,226.08. The trade was a 4.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 11,187 shares of company stock valued at $1,111,085 in the last three months. 0.03% of the stock is currently owned by corporate insiders.

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.