Starbucks Corporation $SBUX Stock Acquired by Calamos Advisors LLC

Calamos Advisors LLC increased its holdings in Starbucks Corporation (NASDAQ:SBUX) by 1.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 401,715 shares of the coffee company’s stock after purchasing an additional 5,262 shares during the period. Calamos Advisors LLC’s holdings in Starbucks were worth $37,745,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SBUX. Sunbelt Securities Inc. raised its position in shares of Starbucks by 1.0% during the 1st quarter. Sunbelt Securities Inc. now owns 9,473 shares of the coffee company’s stock valued at $849,000 after buying an additional 97 shares in the last quarter. Cypress Capital Management LLC WY grew its position in Starbucks by 30.9% in the second quarter. Cypress Capital Management LLC WY now owns 424 shares of the coffee company’s stock worth $43,000 after acquiring an additional 100 shares in the last quarter. Webster Bank N. A. grew its position in Starbucks by 7.8% in the second quarter. Webster Bank N. A. now owns 1,396 shares of the coffee company’s stock worth $143,000 after acquiring an additional 101 shares in the last quarter. Nilsine Partners LLC increased its stake in Starbucks by 1.0% during the second quarter. Nilsine Partners LLC now owns 10,039 shares of the coffee company’s stock worth $1,026,000 after acquiring an additional 101 shares during the last quarter. Finally, Beta Wealth Group Inc. increased its stake in Starbucks by 1.7% during the second quarter. Beta Wealth Group Inc. now owns 6,216 shares of the coffee company’s stock worth $635,000 after acquiring an additional 102 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on SBUX shares. Seaport Research Partners assumed coverage on Starbucks in a research note on Wednesday, September 16th. They issued a “neutral” rating for the company. Wells Fargo & Company decreased their price target on Starbucks from $125.00 to $120.00 and set an “overweight” rating on the stock in a report on Wednesday, October 21st. JPMorgan Chase & Co. lowered their price target on Starbucks from $112.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, September 29th. Compass Point started coverage on shares of Starbucks in a research note on Monday, August 3rd. They set a “buy” rating for the company. Finally, Melius Research set a $110.00 price objective on shares of Starbucks in a research report on Monday, August 3rd. Twenty-one investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $108.89.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: U.S. comparable sales rose 7.7% in fiscal Q4, driven by stronger customer traffic and average tickets—evidence of improving business momentum. Starbucks’ U.S. Comps Jump 7.7%: Can Traffic Momentum Last?
• Neutral Sentiment: UBS raised its price target from $105 to $110, implying 4.4% upside from the cited price, but maintained a “neutral” rating—suggesting measured rather than strong conviction. UBS Group stock recommendations
• Negative Sentiment: Investors may question the durability of the sales rebound: transaction growth is slowing, and store closures contributed to the comparison, potentially making the reported improvement harder to sustain. Starbucks’ U.S. Comps Jump 7.7%: Can Traffic Momentum Last?

Insiders Place Their Bets

In other Starbucks news, CEO Brady Brewer sold 588 shares of the business’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the sale, the chief executive officer directly owned 70,920 shares of the company’s stock, valued at $7,092,000. The trade was a 0.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 4,458 shares of company stock worth $449,684. Company insiders own 0.03% of the company’s stock.

Starbucks Stock Down 0.7%

SBUX traded down $0.75 during trading hours on Friday, reaching $105.41. 7,780,544 shares of the company’s stock traded hands, compared to its average volume of 10,129,277. The firm has a 50-day moving average price of $99.15 and a 200 day moving average price of $100.05. The firm has a market capitalization of $120.17 billion, a PE ratio of 47.70, a PEG ratio of 1.73 and a beta of 1.01. Starbucks Corporation has a 52-week low of $81.76 and a 52-week high of $111.50.

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

Starbucks Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, November 13th. This is a positive change from Starbucks’s previous quarterly dividend of $0.62. Starbucks’s dividend payout ratio (DPR) is 112.22%.

Starbucks Profile

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.