Starbucks Corporation $SBUX Shares Sold by Atria Investments Inc

Atria Investments Inc decreased its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 17.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,601 shares of the coffee company’s stock after selling 30,833 shares during the period. Atria Investments Inc’s holdings in Starbucks were worth $12,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in SBUX. Vanguard Group Inc. grew its position in shares of Starbucks by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 114,410,675 shares of the coffee company’s stock valued at $9,634,523,000 after purchasing an additional 971,773 shares during the period. Capital Research Global Investors increased its stake in Starbucks by 11.4% during the 3rd quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock worth $7,229,968,000 after buying an additional 8,774,198 shares in the last quarter. Capital World Investors lifted its position in shares of Starbucks by 1.9% in the third quarter. Capital World Investors now owns 77,720,137 shares of the coffee company’s stock valued at $6,575,430,000 after acquiring an additional 1,462,874 shares in the last quarter. Capital International Investors lifted its position in shares of Starbucks by 22.5% in the third quarter. Capital International Investors now owns 14,691,772 shares of the coffee company’s stock valued at $1,243,104,000 after acquiring an additional 2,699,479 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Starbucks by 6.5% in the third quarter. Invesco Ltd. now owns 13,590,494 shares of the coffee company’s stock worth $1,149,756,000 after acquiring an additional 832,540 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: TD Cowen upgraded Starbucks to Buy and lifted its price target to $120, saying the company’s turnaround, margin recovery, and sales drivers could support stronger earnings and positive estimate revisions. TD Cowen Just Upgraded Starbucks to Buy: Margin Recovery, Sales Drivers Power Comeback Story
• Positive Sentiment: Several reports highlighted Starbucks’ shares reaching a 52-week high as investors buy into the company’s turnaround plan and improving traffic trends. Starbucks Stock (SBUX) Hits 52-Week High as Investors Buy Into Turnaround Plan
• Positive Sentiment: Zacks said Starbucks’ margin recovery is taking shape, pointing to a higher Q2 FY26 margin and improved EPS leverage from cost savings and moderating pressures. Starbucks’ Margin Recovery Takes Shape: Can Cost Leverage Build?
• Positive Sentiment: Unusual options activity showed heavy call buying in Starbucks, which can signal traders are positioning for further upside. Starbucks unusual options trading activity
• Neutral Sentiment: Starbucks is also being discussed for its use of ChatGPT to help customers discover drinks, a brand and product-engagement story that is unlikely to move the stock on its own. Only 39% Of Consumers Trust AI For Purchases, Yet Starbucks Is Using ChatGPT To Pick Your Next Drink
• Negative Sentiment: UN human-rights experts urged Starbucks and the U.S. government to respond to union-busting allegations, which could add reputational and labor-relations pressure. UN human-rights experts urge Starbucks and US to address union-busting claims

Wall Street Analyst Weigh In

Several analysts recently commented on SBUX shares. Piper Sandler reiterated an “overweight” rating and set a $110.00 price target on shares of Starbucks in a research report on Wednesday, April 29th. BMO Capital Markets restated an “outperform” rating and set a $120.00 price target on shares of Starbucks in a research report on Friday, January 30th. Wolfe Research assumed coverage on shares of Starbucks in a research note on Monday, March 9th. They set a “peer perform” rating for the company. Barclays set a $116.00 target price on shares of Starbucks and gave the stock an “overweight” rating in a research note on Friday, January 30th. Finally, Dbs Bank upgraded Starbucks from a “strong sell” rating to a “moderate sell” rating in a research report on Friday, March 20th. Twenty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Starbucks currently has an average rating of “Moderate Buy” and a consensus price target of $107.48.

Starbucks Price Performance

NASDAQ:SBUX opened at $106.40 on Friday. The company’s 50-day moving average is $97.91 and its two-hundred day moving average is $92.26. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $108.88. The firm has a market capitalization of $121.26 billion, a price-to-earnings ratio of 80.61, a PEG ratio of 2.14 and a beta of 1.01.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.44 by $0.06. The firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, equities analysts anticipate that Starbucks Corporation will post 2.41 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The business also recently announced 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 of this dividend is Friday, May 15th. This represents a $2.48 dividend on an annualized basis and a yield of 2.3%. Starbucks’s dividend payout ratio is presently 187.88%.

Insider Activity at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total value of $233,621.49. Following the sale, the chief executive officer owned 81,559 shares of the company’s stock, valued at $8,548,198.79. The trade was a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total value of $210,000.00. Following the transaction, the executive vice president owned 57,653 shares of the company’s stock, valued at $6,053,565. This trade represents a 3.35% decrease in their ownership of the stock. 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 valued at $1,111,085 in the last quarter. 0.03% of the stock is owned by insiders.

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.