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

Coldstream Capital Management Inc. cut its holdings in Starbucks Corporation (NASDAQ:SBUX) by 3.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 196,710 shares of the coffee company’s stock after selling 7,937 shares during the period. Coldstream Capital Management Inc.’s holdings in Starbucks were worth $16,565,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Brighton Jones LLC boosted its stake in Starbucks by 86.5% during the 4th quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock valued at $16,126,000 after purchasing an additional 81,952 shares during the period. Schnieders Capital Management LLC. boosted its stake in Starbucks by 47.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company’s stock valued at $334,000 after purchasing an additional 1,164 shares during the period. Flow Traders U.S. LLC acquired a new position in Starbucks during the 2nd quarter valued at about $288,000. Gamco Investors INC. ET AL boosted its stake in Starbucks by 92.8% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,225 shares of the coffee company’s stock valued at $479,000 after purchasing an additional 2,515 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in Starbucks by 7.6% during the 2nd quarter. NewEdge Advisors LLC now owns 112,710 shares of the coffee company’s stock valued at $10,328,000 after purchasing an additional 7,978 shares during the period. 72.29% of the stock is owned by institutional investors and hedge funds.

Starbucks Price Performance

NASDAQ SBUX opened at $103.11 on Friday. The company’s 50 day simple moving average is $98.65 and its 200 day simple moving average is $93.10. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $108.88. The company has a market capitalization of $117.51 billion, a P/E ratio of 78.11, a PEG ratio of 2.08 and a beta of 1.01.

Starbucks (NASDAQ:SBUX) last released its earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $9.17 billion. During the same period in the previous year, the firm earned $0.41 EPS. The business’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, analysts anticipate that Starbucks Corporation will post 2.42 earnings per share for the current year.

Starbucks Announces Dividend

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

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Negative Sentiment: Starbucks abandoned its AI inventory tool after finding counting errors and mislabeled items, suggesting a setback in its technology rollout and potential operational inefficiency. Starbucks scraps AI inventory tool after nine months
• Negative Sentiment: Reuters-based reports say the company paused the tool after workers reported stocking problems, reinforcing concerns that the AI system was not ready for broad use. Starbucks scraps AI inventory tool across North America: Reuters
• Neutral Sentiment: Starbucks also announced it will participate in the Bernstein 42nd Annual Strategic Decisions Conference next week, giving management another opportunity to address the turnaround, cost cuts, and operating changes. Starbucks to Participate in the Bernstein 42nd Annual Strategic Decisions Conference
• Neutral Sentiment: The company’s latest China joint-venture restructuring is also shifting revenue recognition and improving margins, but that news is more of a longer-term financial reset than a direct same-day stock driver. Starbucks’ China JV Shift Reshapes Revenue and Margin Outlook

Insider Buying and Selling

In related news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total value of $233,621.49. Following the sale, the chief executive officer directly owned 81,559 shares in the company, valued at $8,548,198.79. The trade was a 2.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 transaction of $210,000.00. Following the completion of the sale, the executive vice president owned 57,653 shares in the company, valued at $6,053,565. The trade was a 3.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,187 shares of company stock worth $1,111,085 over the last quarter. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. BMO Capital Markets reissued an “outperform” rating and set a $120.00 target price on shares of Starbucks in a research note on Friday, January 30th. Robert W. Baird boosted their target price on shares of Starbucks from $112.00 to $117.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Evercore boosted their target price on shares of Starbucks from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada lowered shares of Starbucks from a “sector perform” rating to a “positive” rating in a research note on Thursday, May 14th. Finally, Zacks Research raised shares of Starbucks from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.48.

Starbucks 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.