Capital International Ltd. CA Acquires 12,315 Shares of Starbucks Corporation $SBUX

Capital International Ltd. CA raised its holdings in Starbucks Corporation (NASDAQ:SBUXFree Report) by 4.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 270,090 shares of the coffee company’s stock after purchasing an additional 12,315 shares during the quarter. Capital International Ltd. CA’s holdings in Starbucks were worth $22,744,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Starbucks by 86.5% during the 4th quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock worth $16,126,000 after buying an additional 81,952 shares during the period. Schnieders Capital Management LLC. boosted its holdings in shares of 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 period. Flow Traders U.S. LLC bought a new stake in shares of Starbucks during the 2nd quarter worth about $288,000. Gamco Investors INC. ET AL boosted its holdings in shares of Starbucks by 92.8% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,225 shares of the coffee company’s stock worth $479,000 after buying an additional 2,515 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of Starbucks by 7.6% during the 2nd quarter. NewEdge Advisors LLC now owns 112,710 shares of the coffee company’s stock worth $10,328,000 after buying an additional 7,978 shares during the period. Institutional investors own 72.29% of the company’s stock.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

Analyst Ratings Changes

Several analysts recently commented on SBUX shares. Scotiabank downgraded shares of Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. Evercore lifted their target price on shares of Starbucks from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Zacks Research raised shares of Starbucks from a “hold” rating to a “strong-buy” rating in a report on Friday, May 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Starbucks in a report on Wednesday, April 29th. Finally, BNP Paribas Exane started coverage on shares of Starbucks in a report on Thursday, May 14th. They set an “underperform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $107.48.

Read Our Latest Stock Report on Starbucks

Starbucks Stock Up 1.2%

NASDAQ SBUX opened at $95.29 on Friday. The company has a market capitalization of $108.60 billion, a P/E ratio of 72.19, a P/E/G ratio of 1.88 and a beta of 0.98. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $108.88. The firm has a 50-day moving average price of $99.24 and a two-hundred day moving average price of $94.10.

Starbucks (NASDAQ:SBUXGet Free Report) last posted 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. The firm had revenue of $9.53 billion during the quarter, compared to the consensus estimate 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 firm posted $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Equities analysts expect that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders 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 dividend yield of 2.6%. Starbucks’s payout ratio is presently 187.88%.

Insider Activity at Starbucks

In other news, EVP Sara Kelly sold 2,000 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 57,653 shares in the company, valued at approximately $6,053,565. The trade was a 3.35% decrease in their position. The sale was disclosed in a filing 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, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction that occurred 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 transaction, 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 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 7,046 shares of company stock valued at $708,911 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

About Starbucks

(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.

Further Reading

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Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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