Kercheville Advisors LLC Sells 6,949 Shares of Starbucks Corporation $SBUX

Kercheville Advisors LLC lessened its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 17.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,572 shares of the coffee company’s stock after selling 6,949 shares during the quarter. Kercheville Advisors LLC’s holdings in Starbucks were worth $2,827,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Calamos Wealth Management LLC boosted its position in shares of Starbucks by 1.0% during the 4th quarter. Calamos Wealth Management LLC now owns 14,484 shares of the coffee company’s stock valued at $1,220,000 after acquiring an additional 138 shares during the last quarter. ProVise Management Group LLC boosted its position in shares of Starbucks by 2.5% during the 4th quarter. ProVise Management Group LLC now owns 48,319 shares of the coffee company’s stock valued at $4,069,000 after acquiring an additional 1,183 shares during the last quarter. China Universal Asset Management Co. Ltd. boosted its position in shares of Starbucks by 7.2% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 32,274 shares of the coffee company’s stock valued at $2,718,000 after acquiring an additional 2,170 shares during the last quarter. Directional Asset Management bought a new stake in shares of Starbucks during the 4th quarter valued at about $421,000. Finally, Absher Wealth Management LLC boosted its position in shares of Starbucks by 14.9% during the 4th quarter. Absher Wealth Management LLC now owns 360,227 shares of the coffee company’s stock valued at $30,335,000 after acquiring an additional 46,822 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Starbucks Stock Performance

Shares of SBUX stock opened at $98.67 on Friday. Starbucks Corporation has a fifty-two week low of $75.50 and a fifty-two week high of $104.82. The stock has a 50 day moving average price of $96.03 and a two-hundred day moving average price of $90.35. The company has a market capitalization of $112.41 billion, a P/E ratio of 81.55, a PEG ratio of 2.25 and a beta of 0.95.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The company had revenue of $9.92 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter in the previous year, the firm posted $0.69 EPS. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, equities analysts predict that Starbucks Corporation will post 2.31 earnings per share for the current year.

Starbucks Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders 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 annualized dividend and a yield of 2.5%. Starbucks’s payout ratio is presently 204.96%.

Insider Activity at Starbucks

In other news, CEO Brady Brewer sold 588 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $100.00, for a total transaction of $58,800.00. Following the transaction, the chief executive officer directly owned 83,788 shares of the company’s stock, valued at approximately $8,378,800. The trade was a 0.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,500 shares of the business’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 59,609 shares in the company, valued at $5,789,226.08. This trade represents a 4.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 6,958 shares of company stock valued at $667,464 in the last quarter. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on SBUX. William Blair upgraded Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 22nd. Citizens Jmp began coverage on Starbucks in a research report on Monday, March 30th. They issued an “underperform” rating and a $84.00 target price for the company. Stifel Nicolaus boosted their target price on Starbucks from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday. Mizuho boosted their target price on Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a research report on Monday, January 26th. Finally, UBS Group restated a “neutral” rating on shares of Starbucks in a research report on Friday, January 30th. Sixteen 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 stock. Based on data from MarketBeat, Starbucks presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.75.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Stifel raised its price target to $115 (from $105) and reiterated a Buy ahead of the April 28 report — a clear vote of confidence that supports near-term upside expectations. Stifel Boosts Starbucks (SBUX) Target, Sees Earnings In Line with Estimates
• Positive Sentiment: JPMorgan raised its price target and kept an Overweight rating, reinforcing momentum from recent analyst upgrades that have helped lift sentiment into earnings. JPMorgan Raises Price Target on Starbucks
• Positive Sentiment: Starbucks unveiled a new AI platform that management and analysts say could expand personalization, speed service and attract new customers — a strategic catalyst investors view as extending long-term growth and margin opportunities. Starbucks Reveals Groundbreaking Artificial Intelligence (AI) Platform
• Positive Sentiment: Changes to the loyalty program are drawing value-seeking customers (higher redemptions of the new $2-off option), which could help traffic and comps if sustained. Starbucks’ loyalty program changes are drawing value-conscious customers
• Positive Sentiment: Operational moves — paring back some tech roles, planning global tech hubs to bring work in-house and cut costs — are being framed as margin-improvement actions by investors. Starbucks Brewing up Global Tech Plan to Bring Jobs Back in-House and Slash Costs
• Neutral Sentiment: Wall Street previews (Zacks/Seeking Alpha) note potential “Back to Starbucks” progress and menu innovation but also flag seasonal margin pressures and cost headwinds — these create earnings risk/reward ambiguity ahead of Q2. Starbucks to Post Q2 Earnings: What’s in the Cards for the Stock?
• Neutral Sentiment: Nestlé extended its K-Cup alliance for Starbucks-branded pods in North America — a steady revenue stream for at-home coffee but likely modest near-term impact on store-level results. Nestlé Extends Starbucks K Cup Alliance
• Negative Sentiment: DA Davidson issued a Neutral rating, reflecting lingering skepticism from some shops; mixed analyst views can cap upside entering earnings. Starbucks Earns “Neutral” Rating from DA Davidson
• Negative Sentiment: Competitive pressure from rivals (e.g., Dutch Bros, Dunkin’) and questions about store footprint strategy (shift to exurbs, drive-thru focus) may pressure margins and same-store-sales in some markets. Starbucks rival challenges coffee giant’s dominance

Starbucks Company Profile

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.