Starbucks Corporation $SBUX Shares Newly Bought by M Holdings Securities Inc.

M Holdings Securities Inc. acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 7,640 shares of the coffee company’s stock, valued at approximately $793,000.

Several other large investors also recently added to or reduced their stakes in SBUX. Avantax Planning Partners Inc. lifted its stake in Starbucks by 158.7% in the third quarter. Avantax Planning Partners Inc. now owns 8,181 shares of the coffee company’s stock worth $769,000 after acquiring an additional 5,019 shares during the period. Robinhood Asset Management LLC bought a new position in Starbucks during the 2nd quarter worth about $10,187,000. Nykredit A S purchased a new position in Starbucks during the 2nd quarter valued at about $29,524,000. The Manufacturers Life Insurance Company purchased a new position in Starbucks during the 2nd quarter valued at about $61,404,000. Finally, Bank of America Corp DE purchased a new position in Starbucks during the 2nd quarter valued at about $1,581,287,000. 72.29% of the stock is owned by hedge funds and other institutional investors.

Starbucks Stock Performance

Shares of Starbucks stock opened at $109.95 on Wednesday. The company has a market capitalization of $125.34 billion, a PE ratio of 49.75, a P/E/G ratio of 1.81 and a beta of 1.01. The company has a 50-day simple moving average of $99.25 and a two-hundred day simple moving average of $100.18. Starbucks Corporation has a one year low of $81.97 and a one year high of $111.50.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Thursday, October 29th. The coffee company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.08. Starbucks had a net margin of 6.66% and a negative return on equity of 38.61%. The business had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.22 billion. During the same period last year, the business earned $0.52 EPS. The company’s revenue was down 4.5% compared to the same quarter last year. On average, equities analysts predict that Starbucks Corporation will post 3.22 earnings per share for the current fiscal year.

Starbucks Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Friday, November 13th. This is a positive change from Starbucks’s previous quarterly dividend of $0.62. This represents a $2.52 dividend on an annualized basis and a yield of 2.3%. Starbucks’s dividend payout ratio is currently 112.22%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on SBUX shares. Raymond James Financial reaffirmed an “outperform” rating on shares of Starbucks in a research report on Friday, October 9th. Morgan Stanley lowered shares of Starbucks from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. BMO Capital Markets reissued an “outperform” rating on shares of Starbucks in a research note on Friday, October 30th. Evercore reissued an “outperform” rating on shares of Starbucks in a research note on Friday, October 30th. Finally, Sanford C. Bernstein lowered Starbucks from an “outperform” rating to a “market perform” rating in a report on Monday, August 3rd. Twenty-one equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, Starbucks currently has a consensus rating of “Hold” and a consensus price target of $108.83.

Insider Buying and Selling

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $110.00, for a total value of $245,190.00. Following the completion of the sale, the chief executive officer directly owned 68,691 shares in the company, valued at $7,556,010. This trade represents a 3.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,687 shares of company stock worth $694,874 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Stifel resumed coverage with a Buy rating and a $115 price target, adding a bullish analyst view that helped support the stock’s recent advance. Starbucks rises as Stifel resumes coverage with Buy rating and $115 target
• Positive Sentiment: Starbucks is targeting 18% EPS growth in fiscal 2027, supported by margin expansion and cost savings, as well as an additional fiscal week. If achieved, stronger earnings could offset softer sales. Can SBUX Deliver 18% EPS Growth Despite a 1% Revenue Decline in FY27?
• Positive Sentiment: Starbucks raised its quarterly dividend to $0.63 from $0.62, a modest increase that may appeal to income-focused investors. The dividend implies a 2.3% yield at the cited share price. Starbucks insider trading report and dividend information
• Neutral Sentiment: CEO Brady Brewer sold 2,229 shares under a pre-arranged Rule 10b5-1 trading plan and retained 68,691 shares afterward. The planned sale may be less informative than an unplanned transaction. SEC insider transaction filing
• Negative Sentiment: The fiscal 2027 outlook calls for revenue to decline about 1%, making the targeted EPS growth reliant on cost savings and improved margins rather than sales growth. Execution will be important. Fiscal 2027 EPS and revenue outlook

About Starbucks

Starbucks Corporation is a global coffee company that roasts, markets and sells coffee and other beverages, along with food and related merchandise. Its offerings include brewed coffee, espresso-based drinks, teas and packaged coffee products. The company serves customers through company-operated and licensed stores, as well as through retail and food-service partnerships. Its stores also sell items such as mugs and coffee-making equipment. Founded in Seattle in 1971, Starbucks operates in North America and international markets, including China.