Starbucks Corporation $SBUX Shares Sold by Compass Capital Management Inc.

Compass Capital Management Inc. lessened its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 10.4% in the fourth quarter, Holdings Channel reports. The firm owned 79,626 shares of the coffee company’s stock after selling 9,252 shares during the period. Compass Capital Management Inc.’s holdings in Starbucks were worth $6,705,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SBUX. Norges Bank acquired a new stake in Starbucks during the 4th quarter worth approximately $1,232,650,000. Capital Research Global Investors increased its position in Starbucks by 11.4% during the 3rd quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock worth $7,229,968,000 after purchasing an additional 8,774,198 shares in the last quarter. Capital World Investors increased its position in Starbucks by 9.0% during the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock worth $7,135,228,000 after purchasing an additional 7,007,268 shares in the last quarter. Corient Private Wealth LLC increased its position in Starbucks by 146.6% during the 2nd quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock worth $553,201,000 after purchasing an additional 3,596,014 shares in the last quarter. Finally, Capital International Investors increased its position in Starbucks by 22.5% during the 3rd quarter. Capital International Investors now owns 14,691,772 shares of the coffee company’s stock worth $1,243,104,000 after purchasing an additional 2,699,479 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SBUX. Weiss Ratings reissued a “hold (c)” rating on shares of Starbucks in a research report on Wednesday, April 22nd. Sanford C. Bernstein reissued an “outperform” rating on shares of Starbucks in a research report on Wednesday, March 4th. BTIG Research downgraded shares of Starbucks from a “buy” rating to a “neutral” rating in a research report on Thursday, May 14th. Dbs Bank raised shares of Starbucks from a “strong sell” rating to a “moderate sell” rating in a research report on Friday, March 20th. Finally, Citizens Jmp started coverage on shares of Starbucks in a research report on Monday, March 30th. They issued an “underperform” rating and a $84.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.93.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks is reportedly evaluating a sale or IPO-style transaction for its Japan operations, a move that could unlock value from one of its most important overseas markets and free up capital for other priorities. Starbucks Evaluates Sale and IPO Options for Japanese Operations (SBUX)
• Positive Sentiment: Additional reports said Starbucks has held early discussions with investment banks about strategic options in Japan, reinforcing speculation that management may take another asset-light step similar to its recent China ownership changes. Starbucks mulls options for Japan business, including stake sale
• Positive Sentiment: Business headlines also pointed to ongoing operational momentum, including stronger U.S. comparable-store sales, rising transactions across income groups, and improving operating income, which supports the view that the turnaround is gaining traction. Starbucks eyes massive change in key market
• Positive Sentiment: Investor enthusiasm was also reflected in unusually heavy call-option buying, a sign that some traders are positioning for further upside in SBUX. Starbucks eyes massive change in Japan
• Neutral Sentiment: CEO Brady Brewer disclosed a pre-arranged share sale under a 10b5-1 trading plan, which is routine and not necessarily a bearish signal, but it can create modest headline noise. SEC filing

Starbucks Trading Up 3.6%

SBUX stock opened at $102.28 on Friday. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $108.88. The company has a market capitalization of $116.57 billion, a P/E ratio of 77.49, a PEG ratio of 1.95 and a beta of 0.98. The firm has a 50 day simple moving average of $100.02 and a 200-day simple moving average of $94.59.

Starbucks (NASDAQ:SBUX) last released its quarterly 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 business had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same quarter last year, the company earned $0.41 earnings per share. The business’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. On average, research analysts predict that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. Starbucks’s dividend payout ratio (DPR) is presently 187.88%.

Insider Buying and Selling

In other news, EVP Sara Kelly sold 2,000 shares of the firm’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 transaction of $210,000.00. Following the completion of the sale, the executive vice president owned 57,653 shares of the company’s stock, valued at approximately $6,053,565. This trade represents a 3.35% decrease in their ownership of the stock. The transaction 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 1,641 shares of Starbucks stock in a transaction on Friday, June 5th. The stock was sold at an average price of $94.33, for a total transaction of $154,795.53. Following the completion of the transaction, the chief executive officer directly owned 80,181 shares of the company’s stock, valued at approximately $7,563,473.73. This represents a 2.01% 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. Insiders have sold 8,099 shares of company stock valued at $804,907 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Starbucks Company 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.