Generali Investments CEE investicni spolecnost a.s. Buys 15,806 Shares of Starbucks Corporation $SBUX

Generali Investments CEE investicni spolecnost a.s. lifted its stake in Starbucks Corporation (NASDAQ:SBUX) by 53.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,306 shares of the coffee company’s stock after acquiring an additional 15,806 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Starbucks were worth $3,815,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC raised its holdings in Starbucks by 86.5% in the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock worth $16,126,000 after purchasing an additional 81,952 shares in the last quarter. Schnieders Capital Management LLC. grew its stake in Starbucks by 47.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company’s stock worth $334,000 after buying an additional 1,164 shares during the last quarter. J.W. Cole Advisors Inc. increased its position in Starbucks by 6.6% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 30,149 shares of the coffee company’s stock valued at $2,763,000 after buying an additional 1,871 shares in the last quarter. Quadrant Capital Group LLC raised its stake in Starbucks by 21.0% in the second quarter. Quadrant Capital Group LLC now owns 36,950 shares of the coffee company’s stock valued at $3,386,000 after buying an additional 6,420 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System raised its stake in Starbucks by 1.5% in the second quarter. State Board of Administration of Florida Retirement System now owns 1,111,509 shares of the coffee company’s stock valued at $101,848,000 after buying an additional 16,750 shares during the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SBUX has been the topic of a number of research analyst reports. Wells Fargo & Company set a $110.00 price target on Starbucks in a research note on Wednesday, January 28th. Barclays set a $116.00 price objective on shares of Starbucks and gave the company an “overweight” rating in a research report on Friday, January 30th. Royal Bank Of Canada downgraded shares of Starbucks from an “outperform” rating to a “sector perform” rating and set a $105.00 target price on the stock. in a research report on Tuesday, March 17th. Guggenheim restated a “neutral” rating and set a $95.00 price target (up from $90.00) on shares of Starbucks in a research note on Wednesday, March 4th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $120.00 price target on shares of Starbucks in a report on Friday, January 30th. Fifteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $103.81.

Starbucks Stock Performance

NASDAQ:SBUX opened at $86.81 on Friday. The firm’s fifty day moving average is $95.98 and its two-hundred day moving average is $88.73. The firm has a market cap of $98.90 billion, a price-to-earnings ratio of 71.74, a PEG ratio of 2.03 and a beta of 0.93. Starbucks Corporation has a one year low of $75.50 and a one year high of $104.82.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $9.62 billion. During the same quarter in the previous year, the business posted $0.69 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, equities research analysts predict that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Insider Activity at Starbucks

In other Starbucks news, EVP Sara Kelly sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total value of $242,800.00. Following the sale, the executive vice president owned 59,609 shares in the company, valued at approximately $5,789,226.08. This represents a 4.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Brady Brewer sold 1,641 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $159,373.92. Following the sale, the chief executive officer directly owned 86,605 shares in the company, valued at $8,411,077.60. The trade was a 1.86% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 4,729 shares of company stock valued at $460,974. 0.03% of the stock is owned by company 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.