Capital International Inc. CA Raises Stake in Starbucks Corporation $SBUX

Capital International Inc. CA raised its position in Starbucks Corporation (NASDAQ:SBUXFree Report) by 1.1% in the fourth quarter, Holdings Channel reports. The fund owned 735,427 shares of the coffee company’s stock after buying an additional 7,869 shares during the period. Capital International Inc. CA’s holdings in Starbucks were worth $61,930,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Aerodigm Wealth LLC lifted its stake in Starbucks by 2.7% in the fourth quarter. Aerodigm Wealth LLC now owns 4,245 shares of the coffee company’s stock worth $357,000 after acquiring an additional 112 shares during the last quarter. River Street Advisors LLC lifted its position in shares of Starbucks by 0.8% during the 4th quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company’s stock worth $1,138,000 after buying an additional 113 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its position in shares of Starbucks by 38.2% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 409 shares of the coffee company’s stock worth $34,000 after buying an additional 113 shares during the last quarter. Integrity Alliance LLC. lifted its position in shares of Starbucks by 3.0% during the 4th quarter. Integrity Alliance LLC. now owns 3,907 shares of the coffee company’s stock worth $329,000 after buying an additional 114 shares during the last quarter. Finally, Opus Capital Group LLC lifted its position in Starbucks by 3.9% in the fourth quarter. Opus Capital Group LLC now owns 3,187 shares of the coffee company’s stock valued at $268,000 after acquiring an additional 120 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on SBUX shares. Stifel Nicolaus set a $117.00 price target on shares of Starbucks and gave the company a “buy” rating in a research report on Wednesday, May 6th. Wells Fargo & Company reissued an “overweight” rating and issued a $115.00 target price (up from $110.00) on shares of Starbucks in a report on Wednesday, April 29th. The Goldman Sachs Group downgraded Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. UBS Group downgraded Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. Finally, Wedbush began coverage on Starbucks in a report on Thursday, May 14th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $107.48.

Read Our Latest Report on Starbucks

Starbucks Price Performance

SBUX stock opened at $95.29 on Friday. The company has a fifty day moving average price of $99.24 and a 200 day moving average price of $94.10. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $108.88. The company has a market cap of $108.60 billion, a price-to-earnings ratio of 72.19, a price-to-earnings-growth ratio of 1.88 and a beta of 0.98.

Starbucks (NASDAQ:SBUXGet Free Report) 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. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The firm had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same quarter in the prior year, the firm earned $0.41 EPS. Starbucks’s revenue for the quarter was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, analysts anticipate that Starbucks Corporation will post 2.42 earnings per share for the current year.

Starbucks Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a $0.62 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.48 annualized dividend and a yield of 2.6%. Starbucks’s dividend payout ratio is 187.88%.

Insider Buying and Selling at Starbucks

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the completion of the transaction, the executive vice president owned 57,653 shares in the company, valued at approximately $6,053,565. This represents a 3.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total transaction of $233,621.49. Following the transaction, the chief executive officer owned 81,559 shares of the company’s stock, valued at approximately $8,548,198.79. The trade was a 2.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 7,046 shares of company stock valued at $708,911. 0.03% of the stock is owned by insiders.

Trending Headlines about Starbucks

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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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