Savant Capital LLC Sells 8,399 Shares of Starbucks Corporation $SBUX

Savant Capital LLC reduced its position in Starbucks Corporation (NASDAQ:SBUX) by 22.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,978 shares of the coffee company’s stock after selling 8,399 shares during the quarter. Savant Capital LLC’s holdings in Starbucks were worth $2,440,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Collier Financial bought a new position in Starbucks in the 3rd quarter valued at about $25,000. Rachor Investment Advisory Services LLC bought a new position in Starbucks in the 4th quarter valued at about $25,000. Y.D. More Investments Ltd bought a new position in Starbucks in the 3rd quarter valued at about $26,000. Entrust Financial LLC bought a new stake in shares of Starbucks during the 4th quarter valued at approximately $26,000. Finally, Tucker Asset Management LLC acquired a new position in Starbucks during the 4th quarter worth approximately $27,000. 72.29% of the stock is owned by institutional investors.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks said afternoon traffic is rising after its strategy shift, with visits after 2 p.m. improving as the company pushes new products and efforts to bring customers back into stores. Starbucks says afternoon traffic is rising as turnaround starts to take hold
• Positive Sentiment: Another report echoed the improving traffic trend, suggesting Starbucks’ turnaround plan may be starting to lift demand during traditionally slower afternoon hours. Starbucks sees a lift in afternoon traffic after a strategy shift
• Positive Sentiment: Starbucks received a Zacks Strong Buy income-stock mention, which may help reinforce the bullish view that the stock remains attractive to some investors. Best Income Stocks to Buy for May 28th
• Neutral Sentiment: Alsea launched the first Starbucks Smart Lounge in Chile, expanding the brand’s footprint and adding a work-and-meeting format that could support future international growth. Alsea launches first Starbucks Smart Lounge in Chile
• Neutral Sentiment: Starbucks’ presentation at Bernstein’s Strategic Decisions Conference likely kept investors focused on management’s turnaround messaging, but it did not introduce a clearly new catalyst. Starbucks Corporation (SBUX) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Negative Sentiment: Reports that Starbucks quietly retired an AI inventory agent after it miscounted stock and slowed baristas may raise questions about the effectiveness of some of its operational technology investments. Starbucks quietly retired its AI agent just months after deployment after it hallucinated coffee shop inventories and slowed down baristas
• Negative Sentiment: Separate coverage on South Korea highlighted a sales drop and backlash tied to a marketing controversy, underscoring ongoing brand and international execution risks. Starbucks Suffers Significant Drop in Sales in South Korea
• Negative Sentiment: Another article said Starbucks’ South Korea backlash is testing international growth and governance controls, which could keep pressure on sentiment if the issue spreads or worsens. Starbucks South Korea Backlash Tests International Growth And Governance Controls

Starbucks Price Performance

SBUX opened at $99.16 on Monday. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $108.88. The firm has a market capitalization of $113.01 billion, a price-to-earnings ratio of 75.12, a PEG ratio of 1.95 and a beta of 0.98. The company’s 50 day moving average price is $99.03 and its two-hundred day moving average price is $93.83.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $9.17 billion. During the same period in the previous year, the firm posted $0.41 EPS. The company’s revenue for the quarter 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, equities research analysts predict that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, May 15th. Starbucks’s dividend payout ratio is currently 187.88%.

Insiders Place Their Bets

In other 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 value of $210,000.00. Following the sale, the executive vice president directly owned 57,653 shares of the company’s stock, valued at approximately $6,053,565. This represents a 3.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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 shares were sold at an average price of $104.81, for a total transaction of $233,621.49. Following the completion of the sale, the chief executive officer directly owned 81,559 shares in the company, valued at approximately $8,548,198.79. This represents a 2.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 11,187 shares of company stock worth $1,111,085. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Citizens Jmp initiated coverage on shares of Starbucks in a report on Monday, March 30th. They set an “underperform” rating and a $84.00 price target for the company. Stifel Nicolaus set a $117.00 price target on Starbucks and gave the company a “buy” rating in a research note on Wednesday, May 6th. Dbs Bank upgraded Starbucks from a “strong sell” rating to a “moderate sell” rating in a research note on Friday, March 20th. BNP Paribas Exane initiated coverage on Starbucks in a research note on Thursday, May 14th. They issued an “underperform” rating for the company. Finally, TD Cowen upgraded Starbucks from a “hold” rating to a “buy” rating and increased their price target for the company from $106.00 to $120.00 in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $107.48.

Starbucks Profile

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.