7,287 Shares in Starbucks Corporation $SBUX Bought by Clear Street Group Inc.

Clear Street Group Inc. bought a new position in shares of Starbucks Corporation (NASDAQ:SBUX) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 7,287 shares of the coffee company’s stock, valued at approximately $614,000.

Several other large investors have also added to or reduced their stakes in the business. Cornerstone Financial Management LLC acquired a new position in Starbucks during the fourth quarter worth $25,000. Destination Wealth Management boosted its holdings in Starbucks by 52.7% during the fourth quarter. Destination Wealth Management now owns 9,264 shares of the coffee company’s stock worth $780,000 after purchasing an additional 3,196 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Starbucks by 96.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 547,293 shares of the coffee company’s stock worth $46,088,000 after purchasing an additional 269,278 shares during the last quarter. Aigen Investment Management LP acquired a new position in Starbucks during the fourth quarter worth $1,067,000. Finally, Transamerica Financial Advisors LLC boosted its holdings in Starbucks by 3.7% during the fourth quarter. Transamerica Financial Advisors LLC now owns 9,509 shares of the coffee company’s stock worth $801,000 after purchasing an additional 339 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Activity

In other Starbucks news, CEO Brady Brewer sold 588 shares of Starbucks stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the sale, the chief executive officer owned 79,593 shares in the company, valued at $7,959,300. The trade was a 0.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of Starbucks stock in a transaction dated Wednesday, April 29th. The stock was 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 $6,053,565. This trade represents a 3.35% decrease in their position. 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 8,687 shares of company stock valued at $863,707 in the last quarter. Corporate insiders own 0.03% of the company’s stock.

Starbucks Stock Performance

NASDAQ SBUX opened at $101.59 on Tuesday. The firm has a 50-day moving average of $100.50 and a 200-day moving average of $94.83. The stock has a market cap of $115.78 billion, a PE ratio of 76.96, a P/E/G ratio of 2.03 and a beta of 0.98. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $108.88.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. The company had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. Starbucks’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, analysts predict that Starbucks Corporation will post 2.42 EPS for the current fiscal year.

Starbucks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a $0.62 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.48 annualized dividend and a yield of 2.4%. Starbucks’s payout ratio is 187.88%.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Zacks included Starbucks on its list of top income stocks, suggesting some analysts still view the shares favorably despite near-term noise.
• Positive Sentiment: One recent analysis said Starbucks is seeing stronger traffic growth thanks to better service, faster operations, and improved customer experience initiatives, supporting the turnaround narrative.
• Neutral Sentiment: CEO Brady Brewer sold 588 shares in a pre-arranged Rule 10b5-1 transaction. The sale was small and routine, so it is unlikely to be a major signal on its own.
• Neutral Sentiment: Another report noted Starbucks faces growing competition from 7 Brew, which is expanding quickly and could pressure traffic over time.
• Negative Sentiment: Starbucks Korea is closing all locations early on June 22 for mandatory history and social sensitivity training after a marketing backlash. The controversy has triggered boycotts, a public apology, an investigation, and renewed reputational risk for the brand. Starbucks Korea Shuts Stores Early After Boycott Hits Revenue
• Negative Sentiment: Multiple reports on the same South Korea issue suggest the fallout is severe enough to affect sentiment across the stock, since the controversy could hurt sales and distract management. Starbucks Korea to give staff history training after backlash over marketing campaign

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on SBUX. BTIG Research downgraded shares of Starbucks from a “buy” rating to a “neutral” rating in a research report on Thursday, May 14th. Wedbush started coverage on shares of Starbucks in a research note on Thursday, May 14th. They set an “outperform” rating on the stock. Wells Fargo & Company restated an “overweight” rating and set a $115.00 price objective (up from $110.00) on shares of Starbucks in a research note on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price objective on shares of Starbucks from $95.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Finally, DA Davidson boosted their price objective on shares of Starbucks from $97.00 to $102.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $107.93.

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.