Little House Capital LLC Purchases Shares of 7,820 Starbucks Corporation $SBUX

Little House Capital LLC purchased a new stake in shares of Starbucks Corporation (NASDAQ:SBUXFree Report) in the first quarter, according to its most recent 13F filing with the SEC. The fund purchased 7,820 shares of the coffee company’s stock, valued at approximately $701,000.

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

Starbucks Stock Down 2.7%

Shares of NASDAQ SBUX opened at $105.49 on Friday. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $109.23. The firm’s fifty day moving average is $102.56 and its 200 day moving average is $97.83. The company has a market cap of $120.23 billion, a price-to-earnings ratio of 79.92, a PEG ratio of 2.10 and a beta of 0.98.

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

Starbucks Dividend Announcement

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

Analyst Ratings Changes

SBUX has been the topic of several research analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Starbucks in a research report on Wednesday, April 22nd. Royal Bank Of Canada lowered shares of Starbucks from a “sector perform” rating to a “positive” rating in a research report on Thursday, May 14th. Piper Sandler reissued an “overweight” rating and issued a $110.00 price target on shares of Starbucks in a research note on Wednesday, April 29th. Zacks Research lowered shares of Starbucks from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, Wedbush initiated coverage on shares of Starbucks in a research report on Thursday, May 14th. They set an “outperform” rating on the stock. Nineteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $109.42.

Get Our Latest Stock Analysis on SBUX

More Starbucks News

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Insider Activity

In related news, EVP Sara Kelly sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was 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 $6,053,565. This trade represents a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 dated Monday, July 6th. The shares were sold at an average price of $104.00, for a total value of $231,816.00. Following the transaction, the chief executive officer owned 77,364 shares in the company, valued at approximately $8,045,856. This represents a 2.80% 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 sold 8,687 shares of company stock worth $889,033 over the last three months. 0.03% of the stock is owned by insiders.

Starbucks 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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