Starbucks Corporation $SBUX Shares Acquired by Resources Management Corp CT ADV

Resources Management Corp CT ADV grew its stake in Starbucks Corporation (NASDAQ:SBUX) by 169.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,610 shares of the coffee company’s stock after buying an additional 7,306 shares during the period. Resources Management Corp CT ADV’s holdings in Starbucks were worth $978,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SBUX. Rachor Investment Advisory Services LLC acquired a new position in shares of Starbucks in the 4th quarter valued at $25,000. Cornerstone Financial Management LLC acquired a new position in shares of Starbucks in the 4th quarter valued at $25,000. Y.D. More Investments Ltd acquired a new position in shares of Starbucks in the 3rd quarter valued at $26,000. Entrust Financial LLC acquired a new position in shares of Starbucks in the 4th quarter valued at $26,000. Finally, Tucker Asset Management LLC acquired a new position in shares of Starbucks in the 4th quarter valued at $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Analyst Ratings Changes

SBUX has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their target price on shares of Starbucks from $95.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Piper Sandler reiterated an “overweight” rating and issued a $110.00 price target on shares of Starbucks in a research report on Wednesday, April 29th. Citizens Jmp started coverage on shares of Starbucks in a research note on Monday, March 30th. They set an “underperform” rating and a $84.00 price target for the company. TD Cowen upgraded shares of Starbucks from a “hold” rating to a “buy” rating and increased their price target for the stock from $106.00 to $120.00 in a research note on Thursday, May 14th. Finally, Citigroup increased their price target on shares of Starbucks from $99.00 to $101.00 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 given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $107.93.

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $101.59 on Tuesday. The stock has a market cap of $115.78 billion, a P/E ratio of 76.96, a P/E/G ratio of 2.03 and a beta of 0.98. The firm has a fifty day moving average price of $100.50 and a 200 day moving average price of $94.83. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $108.88.

Starbucks (NASDAQ:SBUX) last issued 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. The firm 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 in the prior year, the business earned $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Sell-side analysts expect that Starbucks Corporation will post 2.42 EPS for the current fiscal year.

Starbucks Dividend Announcement

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

Insiders Place Their Bets

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of the company’s stock in a transaction 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 transaction, the executive vice president owned 57,653 shares in the company, valued at approximately $6,053,565. This represents a 3.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total transaction of $233,621.49. Following the transaction, the chief executive officer owned 81,559 shares of the company’s stock, valued at approximately $8,548,198.79. The trade was a 2.66% 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. In the last 90 days, insiders have sold 8,687 shares of company stock valued at $863,707. 0.03% of the stock is owned by insiders.

Trending Headlines about 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

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.