Chapman Investment Management LLC Purchases New Stake in Starbucks Corporation $SBUX

Chapman Investment Management LLC purchased a new position in Starbucks Corporation (NASDAQ:SBUX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 8,599 shares of the coffee company’s stock, valued at approximately $727,000. Starbucks comprises about 0.5% of Chapman Investment Management LLC’s portfolio, making the stock its 24th largest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Transce3nd LLC increased its stake in shares of Starbucks by 270.3% during the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after buying an additional 200 shares during the period. MTM Investment Management LLC bought a new stake in Starbucks in the second quarter valued at $28,000. PFS Partners LLC increased its position in Starbucks by 457.4% during the 3rd quarter. PFS Partners LLC now owns 340 shares of the coffee company’s stock valued at $29,000 after purchasing an additional 279 shares during the period. Nexus Investment Management ULC purchased a new position in Starbucks during the 2nd quarter valued at $35,000. Finally, RMG Wealth Management LLC raised its holdings in Starbucks by 109.9% in the 3rd quarter. RMG Wealth Management LLC now owns 382 shares of the coffee company’s stock worth $33,000 after purchasing an additional 200 shares in the last quarter. 72.29% of the stock is owned by institutional investors.

Starbucks Price Performance

Shares of Starbucks stock opened at $99.45 on Friday. The stock has a market cap of $113.30 billion, a price-to-earnings ratio of 82.19, a PEG ratio of 2.22 and a beta of 0.96. Starbucks Corporation has a 1 year low of $75.50 and a 1 year high of $117.46. The firm’s 50-day moving average is $89.04 and its 200 day moving average is $87.18.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.03). The firm had revenue of $9.92 billion during the quarter, compared to the consensus estimate of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, equities analysts expect that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

Starbucks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a $0.62 dividend. The ex-dividend date is Friday, February 13th. This represents a $2.48 annualized dividend and a dividend yield of 2.5%. Starbucks’s payout ratio is currently 204.96%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on SBUX shares. Citigroup cut their target price on shares of Starbucks from $94.00 to $92.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Dbs Bank lowered shares of Starbucks from a “hold” rating to a “strong sell” rating in a report on Friday, November 7th. Evercore reiterated an “outperform” rating on shares of Starbucks in a report on Wednesday, January 28th. Barclays set a $116.00 target price on Starbucks and gave the stock an “overweight” rating in a research report on Friday, January 30th. Finally, New Street Research set a $90.00 price target on Starbucks in a research report on Tuesday, January 27th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $104.67.

Insider Activity

In other Starbucks news, Director Jorgen Vig Knudstorp acquired 11,700 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The shares were bought at an average cost of $85.00 per share, with a total value of $994,500.00. Following the completion of the transaction, the director directly owned 53,096 shares of the company’s stock, valued at approximately $4,513,160. This represents a 28.26% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.03% of the stock is currently owned by insiders.

Starbucks 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.