7,553 Starbucks Corporation $SBUX Shares Sold by Modera Wealth Management LLC

Modera Wealth Management LLC lowered its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 5.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 127,283 shares of the coffee company’s stock after selling 7,553 shares during the period. Modera Wealth Management LLC’s holdings in Starbucks were worth $11,959,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Sunbelt Securities Inc. grew its position in Starbucks by 1.0% during the 1st quarter. Sunbelt Securities Inc. now owns 9,473 shares of the coffee company’s stock worth $849,000 after acquiring an additional 97 shares during the last quarter. Cypress Capital Management LLC WY increased its position in shares of Starbucks by 30.9% during the second quarter. Cypress Capital Management LLC WY now owns 424 shares of the coffee company’s stock valued at $43,000 after buying an additional 100 shares during the period. Webster Bank N. A. raised its position in shares of Starbucks by 7.8% in the 2nd quarter. Webster Bank N. A. now owns 1,396 shares of the coffee company’s stock worth $143,000 after acquiring an additional 101 shares in the last quarter. Nilsine Partners LLC increased its stake in shares of Starbucks by 1.0% in the 2nd quarter. Nilsine Partners LLC now owns 10,039 shares of the coffee company’s stock worth $1,026,000 after acquiring an additional 101 shares in the last quarter. Finally, Beta Wealth Group Inc. lifted its holdings in shares of Starbucks by 1.7% during the second quarter. Beta Wealth Group Inc. now owns 6,216 shares of the coffee company’s stock valued at $635,000 after purchasing an additional 102 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks reported fiscal fourth-quarter adjusted EPS of $0.80, above the approximately $0.72 consensus. Adjusted operating margin expanded by roughly 450 basis points to 14% as sales leverage, cost savings and lower labor-related expenses supported profitability. Starbucks posts slight revenue miss and earnings beat
• Positive Sentiment: U.S. comparable sales increased 7.7%, ahead of management’s target, helped by higher average tickets, product mix, food attachments and improving customer traffic. Management said the turnaround is transitioning into a growth plan. Starbucks strong comps driven by ticket growth
• Positive Sentiment: Analysts remain constructive, with BTIG reaffirming a Buy rating and a $115 target, while Bank of America raised its target to $141. Starbucks also plans to test AI-powered drive-through tools, renovate more than 2,000 North American stores and add about 1,200 locations globally. Analyst raises Starbucks price target
• Neutral Sentiment: Management said Starbucks could eventually become a multibrand company and sees room for substantial international and North American expansion, but acquisitions are not currently the focus. Execution on store improvements and service remains the near-term priority. Starbucks CEO discusses future acquisitions
• Negative Sentiment: Revenue fell about 4.5% to $9.14 billion, missing estimates near $9.22 billion. The decline largely reflects Starbucks’ shift of nearly 8,000 China stores to a licensed joint venture, but international comparable sales and transactions remained weak. Starbucks international business disappoints
• Negative Sentiment: Fiscal 2027 guidance calls for roughly 4% North American comparable-sales growth, below fiscal 2026’s 6.6%, while revenue is expected to decline about 1%. Fourth-quarter ticket growth outpaced transaction growth, raising concerns that future gains may rely more on pricing and larger orders than on customer visits. Starbucks margins jump as store visits slow

Starbucks Stock Performance

Starbucks stock opened at $103.67 on Friday. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $110.51. The company has a 50 day moving average price of $99.26 and a 200-day moving average price of $99.70. The company has a market capitalization of $118.18 billion, a PE ratio of 46.91, a P/E/G ratio of 1.60 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data on Thursday, October 29th. The coffee company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.08. The company had revenue of $9.14 billion during the quarter, compared to the consensus estimate of $9.22 billion. Starbucks had a net margin of 6.66% and a negative return on equity of 38.01%. Starbucks’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.52 earnings per share. On average, analysts forecast that Starbucks Corporation will post 3.17 earnings per share for the current year.

Starbucks Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be issued a $0.63 dividend. This is a boost from Starbucks’s previous quarterly dividend of $0.62. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, November 13th. Starbucks’s dividend payout ratio is currently 114.03%.

Analysts Set New Price Targets

A number of brokerages have issued reports on SBUX. Robert W. Baird lowered their price objective on Starbucks from $124.00 to $115.00 and set an “outperform” rating for the company in a research note on Friday, October 2nd. Evercore restated an “outperform” rating on shares of Starbucks in a research note on Friday. KeyCorp reaffirmed a “sector weight” rating on shares of Starbucks in a report on Friday. Gordon Haskett increased their price target on Starbucks from $110.00 to $118.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. decreased their target price on Starbucks from $112.00 to $105.00 and set an “overweight” rating on the stock in a report on Tuesday, September 29th. Twenty-three research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Starbucks presently has a consensus rating of “Hold” and an average price target of $110.53.

Insider Buying and Selling

In other news, CEO Brady Brewer sold 588 shares of the company’s stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the sale, the chief executive officer directly owned 70,920 shares of the company’s stock, valued at $7,092,000. This represents a 0.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 6,687 shares of company stock worth $685,935. Insiders own 0.03% of the company’s stock.

About Starbucks

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.