Financiere des Professionnels Fonds d investissement inc. Acquires 6,901 Shares of Starbucks Corporation $SBUX

Financiere des Professionnels Fonds d investissement inc. grew its holdings in shares of Starbucks Corporation (NASDAQ:SBUXFree Report) by 36.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,700 shares of the coffee company’s stock after buying an additional 6,901 shares during the period. Financiere des Professionnels Fonds d investissement inc.’s holdings in Starbucks were worth $2,302,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SBUX. Rachor Investment Advisory Services LLC purchased a new position in Starbucks during the 4th quarter valued at $25,000. Cornerstone Financial Management LLC purchased a new stake in shares of Starbucks in the 4th quarter worth about $25,000. Phillip James Consulting Co. bought a new stake in shares of Starbucks during the 4th quarter valued at about $25,000. Entrust Financial LLC bought a new stake in shares of Starbucks during the 4th quarter valued at about $26,000. Finally, Tucker Asset Management LLC purchased a new position in shares of Starbucks during the fourth quarter valued at about $27,000. Institutional investors own 72.29% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on SBUX. Stephens started coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “overweight” rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Starbucks in a research report on Wednesday, April 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Starbucks in a report on Wednesday, April 22nd. Wells Fargo & Company reissued an “overweight” rating and issued a $120.00 target price (up from $115.00) on shares of Starbucks in a research report on Thursday. Finally, Stifel Nicolaus set a $117.00 target price on Starbucks and gave the company a “buy” rating in a research note on Wednesday, May 6th. Nineteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Starbucks currently has an average rating of “Moderate Buy” and a consensus price target of $109.42.

Check Out Our Latest Analysis on SBUX

Insider Activity

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $104.00, for a total transaction of $231,816.00. Following the completion of the sale, the chief executive officer directly owned 77,364 shares in the company, valued at approximately $8,045,856. This trade represents a 2.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of Starbucks stock in a transaction dated Wednesday, April 29th. The stock was 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 directly 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. 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. Insiders have sold a total of 8,687 shares of company stock worth $889,033 over the last three months. 0.03% of the stock is currently owned by insiders.

Starbucks Stock Performance

SBUX stock opened at $105.49 on Friday. The firm has a 50 day moving average price of $102.56 and a 200-day moving average price of $97.83. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $109.23. The firm has a market capitalization of $120.23 billion, a price-to-earnings ratio of 79.92, a PEG ratio of 2.15 and a beta of 0.98.

Starbucks (NASDAQ:SBUXGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The business had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same quarter in the previous year, the business earned $0.41 earnings per share. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, sell-side analysts forecast that Starbucks Corporation will post 2.4 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a $0.62 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a yield of 2.4%. Starbucks’s payout ratio is presently 187.88%.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

Starbucks Company 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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