SEB Asset Management AB Makes New $21.07 Million Investment in Starbucks Corporation $SBUX

SEB Asset Management AB purchased a new stake in Starbucks Corporation (NASDAQ:SBUX) during the 1st quarter, HoldingsChannel reports. The fund purchased 235,218 shares of the coffee company’s stock, valued at approximately $21,073,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SBUX. Oak Thistle LLC acquired a new stake in Starbucks during the 4th quarter valued at $1,149,000. Czech National Bank boosted its stake in Starbucks by 3.9% in the fourth quarter. Czech National Bank now owns 299,833 shares of the coffee company’s stock worth $25,249,000 after purchasing an additional 11,135 shares in the last quarter. Wealth Enhancement Trust Services Inc. bought a new stake in shares of Starbucks during the fourth quarter worth $875,000. Goodman Financial Corp bought a new stake in Starbucks during the 4th quarter worth about $8,811,000. Finally, Third View Private Wealth LLC acquired a new stake in shares of Starbucks in the fourth quarter valued at approximately $3,135,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insiders Place Their Bets

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total value 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. This trade represents a 3.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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 Starbucks stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $104.00, for a total transaction of $231,816.00. Following the completion of the transaction, the chief executive officer directly owned 77,364 shares of the company’s stock, valued at approximately $8,045,856. This trade represents a 2.80% decrease in their position. 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. Over the last 90 days, insiders have sold 8,687 shares of company stock worth $889,033. 0.03% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently commented on SBUX shares. Piper Sandler reiterated an “overweight” rating and issued a $110.00 price objective on shares of Starbucks in a research report on Wednesday, April 29th. BTIG Research cut shares of Starbucks from a “buy” rating to a “neutral” rating in a research report on Thursday, May 14th. Stephens began coverage on Starbucks in a research note on Thursday, May 14th. They set an “overweight” rating for the company. Zacks Research cut shares of Starbucks from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $120.00 price objective (up from $115.00) on shares of Starbucks in a research report on Thursday. Nineteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Starbucks has a consensus rating of “Moderate Buy” and a consensus price target of $109.42.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: RBC said Starbucks’ fiscal Q3 North America same-store sales are likely to come in line with consensus, which could reassure investors that the U.S. business is stabilizing. Starbucks Fiscal Q3 North America Same-Store Sales Poised to be In-Line With Consensus, RBC Says
• Positive Sentiment: Analyst commentary remains generally constructive, with several recent firms reiterating buy or overweight ratings and price targets clustering around levels near or above the current share price. Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Starbucks (SBUX), Airbnb (ABNB) and Silgan Holdings (SLGN)
• Positive Sentiment: Starbucks’ reaffirmed dividend and efforts to cut software costs by building more of its own tools with AI may support margins over time. What Starbucks (SBUX)’s Dividend Affirmation and Software Cost Cuts Mean For Shareholders
• Positive Sentiment: Starbucks recently said it will release fiscal Q3 2026 results on July 29, keeping attention focused on a potential catalyst for the shares. Starbucks Announces Q3 Fiscal Year 2026 Results Conference Call
• Neutral Sentiment: Starbucks’ earnings preview suggests investors are waiting for confirmation that traffic, loyalty trends, and the “Back to Starbucks” turnaround plan are still improving. Earnings Preview: What To Expect From Starbucks’ Report
• Neutral Sentiment: Reuters reported that Starbucks defeated a shareholder lawsuit tied to sales declines in the U.S. and China, removing one legal overhang but not changing the core growth debate. Starbucks defeats shareholder lawsuit over US, China sales declines
• Negative Sentiment: Some coverage highlights that opinions on Starbucks remain mixed, reflecting uncertainty about the pace of the turnaround and whether sales momentum can fully reaccelerate. Starbucks vs. McDonald’s: Which Restaurant Stock Has the Edge Now?

Starbucks Stock Performance

Shares of NASDAQ SBUX opened at $105.49 on Monday. The stock has a 50 day moving average price of $102.56 and a 200 day moving average price of $97.92. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $109.23. The stock has a market capitalization of $120.23 billion, a PE ratio of 79.92, a price-to-earnings-growth ratio of 2.10 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results 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. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same quarter in the previous year, the firm earned $0.41 EPS. The business’s quarterly revenue was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, research analysts forecast that Starbucks Corporation will post 2.4 EPS for the current year.

Starbucks Announces Dividend

The company 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 $0.62 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 annualized dividend and a dividend yield of 2.4%. 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.