World Investment Advisors Acquires 5,635 Shares of Starbucks Corporation $SBUX

World Investment Advisors raised its holdings in shares of Starbucks Corporation (NASDAQ:SBUXFree Report) by 6.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 86,981 shares of the coffee company’s stock after buying an additional 5,635 shares during the quarter. World Investment Advisors’ holdings in Starbucks were worth $7,069,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Collier Financial bought a new position in Starbucks during the third quarter valued at $25,000. Rachor Investment Advisory Services LLC bought a new stake in shares of Starbucks in the 4th quarter worth about $25,000. Y.D. More Investments Ltd bought a new stake in shares of Starbucks in the 3rd quarter worth about $26,000. JPL Wealth Management LLC bought a new stake in shares of Starbucks in the 3rd quarter worth about $27,000. Finally, Kelleher Financial Advisors bought a new stake in shares of Starbucks in the 3rd quarter worth about $27,000. Institutional investors own 72.29% of the company’s stock.

Starbucks Price Performance

SBUX stock opened at $105.95 on Thursday. The company has a market capitalization of $120.75 billion, a PE ratio of 80.27, a P/E/G ratio of 2.15 and a beta of 1.01. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $108.05. The firm’s 50-day moving average is $97.72 and its 200 day moving average is $92.12.

Starbucks (NASDAQ:SBUXGet Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.44 by $0.06. The company had revenue of $9.53 billion for the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The firm’s revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Sell-side analysts forecast that Starbucks Corporation will post 2.41 EPS for the current fiscal year.

Starbucks Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Mizuho raised their target price on shares of Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a report on Monday, January 26th. Stifel Nicolaus set a $117.00 target price on shares of Starbucks and gave the stock a “buy” rating in a report on Wednesday, May 6th. Sanford C. Bernstein restated an “outperform” rating on shares of Starbucks in a report on Wednesday, March 4th. Dbs Bank upgraded shares of Starbucks from a “strong sell” rating to a “moderate sell” rating in a report on Friday, March 20th. Finally, New Street Research set a $90.00 target price on shares of Starbucks in a report on Tuesday, January 27th. Seventeen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Starbucks presently has an average rating of “Moderate Buy” and an average target price of $107.00.

Get Our Latest Stock Report on Starbucks

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

Insider Activity

In related news, EVP Sara Kelly sold 2,500 shares of the firm’s stock in a transaction dated 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 owned 59,609 shares of the company’s stock, valued at $5,789,226.08. This trade represents a 4.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total transaction of $233,621.49. Following the transaction, the chief executive officer directly owned 81,559 shares in the company, valued at $8,548,198.79. This trade represents a 2.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,187 shares of company stock worth $1,111,085 in the last ninety days. 0.03% of the stock is currently owned by insiders.

Starbucks Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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