Marks Group Wealth Management Inc Raises Stock Holdings in Starbucks Corporation $SBUX

Marks Group Wealth Management Inc raised its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 79.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,173 shares of the coffee company’s stock after buying an additional 18,691 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Starbucks were worth $3,551,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC purchased a new position in Starbucks during the fourth quarter valued at $25,000. Y.D. More Investments Ltd purchased a new position in Starbucks during the third quarter valued at $26,000. Entrust Financial LLC purchased a new position in Starbucks during the fourth quarter valued at $26,000. Tucker Asset Management LLC purchased a new position in Starbucks during the fourth quarter valued at $27,000. Finally, JPL Wealth Management LLC purchased a new position in Starbucks during the third quarter valued at $27,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Analysts Set New Price Targets

SBUX has been the subject of several recent research reports. Robert W. Baird raised their price objective on Starbucks from $112.00 to $117.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Wolfe Research assumed coverage on Starbucks in a research note on Monday, March 9th. They set a “peer perform” rating for the company. Morgan Stanley upgraded Starbucks from an “overweight” rating to an “overweight” rating in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Starbucks in a research note on Wednesday, April 29th. Finally, The Goldman Sachs Group cut Starbucks from a “neutral” rating to a “neutral” rating in a research note on Thursday, May 14th. One investment 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 given a Sell rating to the company’s stock. According to MarketBeat, Starbucks has an average rating of “Moderate Buy” and a consensus price target of $107.48.

Insiders Place Their Bets

In other news, EVP Sara Kelly sold 2,000 shares of the firm’s stock in a transaction 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 transaction, 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 transaction was disclosed in a filing with the SEC, which is available at 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 firm’s stock in a transaction on Tuesday, May 5th. The stock was 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 in the company, valued at approximately $8,548,198.79. This trade represents a 2.66% 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. In the last three months, insiders sold 6,458 shares of company stock valued at $650,111. Corporate insiders own 0.03% of the company’s stock.

Starbucks Trading Down 0.5%

Starbucks stock opened at $94.82 on Tuesday. The firm has a market cap of $108.07 billion, a price-to-earnings ratio of 71.83, a PEG ratio of 1.88 and a beta of 0.98. The stock has a fifty day simple moving average of $99.31 and a two-hundred day simple moving average of $94.26. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $108.88.

Starbucks (NASDAQ:SBUX) last posted 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. The business 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 company’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts forecast that Starbucks Corporation will post 2.42 EPS for the current fiscal year.

Starbucks Announces Dividend

The firm 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 dividend yield of 2.6%. Starbucks’s dividend payout ratio (DPR) is presently 187.88%.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: CNBC reported that Starbucks is seeing encouraging growth beyond the morning rush, with afternoon traffic becoming a bigger driver of sales as CEO Brian Niccol’s turnaround plan gains traction. Starbucks Sees Encouraging Growth beyond the Morning Rush, CNBC Reports
• Positive Sentiment: Starbucks is pushing its $2 billion cost-savings plan, with reports saying margin expansion and higher FY26 EPS guidance could help translate sales momentum into stronger earnings. Can Starbucks’ $2 Billion Cost-Savings Plan Accelerate EPS Growth?
• Positive Sentiment: Starbucks is expanding its Refresher line with new blended drinks to win more afternoon visits and appeal to younger consumers, supporting its push to grow beyond coffee-only daypart demand. Starbucks’ latest drink launch is a bet on the future of fast food beverages

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.