6,269 Shares in Starbucks Corporation $SBUX Bought by Rayburn West Financial Services LLC

Rayburn West Financial Services LLC purchased a new position in shares of Starbucks Corporation (NASDAQ:SBUX) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 6,269 shares of the coffee company’s stock, valued at approximately $486,000.

Other hedge funds have also recently modified their holdings of the company. Collier Financial acquired a new stake in shares of Starbucks during the third quarter worth $25,000. Rachor Investment Advisory Services LLC acquired a new stake in shares of Starbucks during the fourth quarter worth $25,000. Y.D. More Investments Ltd acquired a new stake in shares of Starbucks during the third quarter worth $26,000. JPL Wealth Management LLC acquired a new stake in shares of Starbucks during the third quarter worth $27,000. Finally, Kelleher Financial Advisors acquired a new stake in shares of Starbucks during the third quarter worth $27,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, 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 $8,548,198.79. This trade represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,500 shares of the firm’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $242,800.00. Following the completion of the transaction, the executive vice president owned 59,609 shares of the company’s stock, valued at approximately $5,789,226.08. This represents a 4.03% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 11,187 shares of company stock valued at $1,111,085. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on SBUX shares. Jefferies Financial Group raised Starbucks from an “underperform” rating to a “hold” rating in a report on Tuesday, April 28th. Piper Sandler reaffirmed an “overweight” rating and set a $110.00 price target on shares of Starbucks in a report on Wednesday, April 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Starbucks in a report on Wednesday, April 22nd. Wolfe Research assumed coverage on Starbucks in a research report on Monday, March 9th. They issued a “peer perform” rating for the company. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $115.00 price objective (up from $110.00) on shares of Starbucks in a research report on Wednesday, April 29th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Starbucks has a consensus rating of “Moderate Buy” and a consensus target price of $107.00.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Stifel reiterated a Buy rating on Starbucks and raised its price target to $117 from $115, reinforcing confidence in the company’s turnaround effort and helping support the stock. Stifel Reaffirms Bullish View on Starbucks Corporation (SBUX)
• Positive Sentiment: Reports that Starbucks is opening hundreds of new stores suggest continued expansion and long-term growth potential, which investors often view favorably. Dollar Tree and Starbucks are suddenly opening hundreds of new stores as retail doom stories pile up
• Positive Sentiment: Starbucks’ turnaround appears to be progressing, with commentary that the “comeback has started,” which may improve sentiment around the stock. Starbucks: The Comeback Has Started But The Growth Story Is Not Proven
• Neutral Sentiment: Starbucks completed a tech reorganization that eliminated 61 jobs at its Seattle headquarters, a cost-cutting move that may help efficiency but also signals ongoing restructuring. Starbucks cuts 61 tech jobs at Seattle HQ in reorg
• Neutral Sentiment: Tennessee lawmakers are considering a $30 million incentive package tied to Starbucks’ planned Nashville office, which could support expansion but is still just a proposal. Tennessee lawmakers debate $30M incentive deal with Starbucks
• Negative Sentiment: Rising coffee prices are pressuring margins across the industry, including Starbucks, and management has been cautious about passing those costs on to consumers. Coffee prices keep rising, and chains like Dutch Bros are swallowing most of the costs
• Negative Sentiment: A note saying Starbucks’ growth story is “not proven” suggests some investors still want clearer evidence that the turnaround will translate into sustained performance. Starbucks: The Comeback Has Started But The Growth Story Is Not Proven

Starbucks Stock Performance

NASDAQ:SBUX opened at $105.95 on Thursday. The stock has a fifty day moving average price of $97.72 and a two-hundred day moving average price of $92.12. The stock has a market capitalization of $120.75 billion, a price-to-earnings ratio of 80.27, a PEG ratio of 2.15 and a beta of 1.01. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $108.05.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) 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 analysts’ expectations of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.Starbucks’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, analysts predict that Starbucks Corporation will post 2.41 EPS for the current year.

Starbucks Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.62 dividend. The ex-dividend date is Friday, May 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. Starbucks’s dividend payout ratio (DPR) is currently 187.88%.

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.