Vertrix Wealth Management LLC Acquires Shares of 32,548 Starbucks Corporation $SBUX

Vertrix Wealth Management LLC acquired a new stake in Starbucks Corporation (NASDAQ:SBUX) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 32,548 shares of the coffee company’s stock, valued at approximately $2,916,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SBUX. Norges Bank purchased a new position in Starbucks during the fourth quarter valued at approximately $1,232,650,000. Capital Research Global Investors boosted its position in Starbucks by 11.4% in the 3rd quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock worth $7,229,968,000 after purchasing an additional 8,774,198 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in shares of Starbucks by 65.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock worth $1,637,704,000 after purchasing an additional 7,725,547 shares during the period. Capital World Investors grew its stake in shares of Starbucks by 9.0% during the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock worth $7,135,228,000 after purchasing an additional 7,007,268 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in shares of Starbucks by 146.6% during the 2nd quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock valued at $553,201,000 after purchasing an additional 3,596,014 shares in the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Sara Kelly sold 2,000 shares of Starbucks stock in a transaction that occurred on 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. The trade was a 3.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 that occurred on Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total value of $233,621.49. Following the sale, the chief executive officer owned 81,559 shares of the company’s stock, valued at $8,548,198.79. The trade was a 2.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,687 shares of company stock valued at $863,707 in the last three months. Insiders own 0.03% of the company’s stock.

Starbucks Stock Up 1.2%

SBUX opened at $103.39 on Thursday. The firm’s fifty day simple moving average is $101.74 and its two-hundred day simple moving average is $96.26. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $108.88. The company has a market cap of $117.83 billion, a price-to-earnings ratio of 78.33, a PEG ratio of 2.03 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last released its earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The business had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same quarter in the previous year, the company earned $0.41 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, research analysts forecast that Starbucks Corporation will post 2.4 EPS for the current year.

Starbucks Announces Dividend

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

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks declared a quarterly cash dividend of $0.62 per share, reinforcing its commitment to returning capital to shareholders and signaling confidence in cash generation. Starbucks Declares Quarterly Cash Dividend
• Positive Sentiment: Recent commentary highlights Starbucks’ plan to build smaller-format U.S. stores and expand its “third place” strategy, which could improve store density, customer traffic, and long-term brand relevance. Starbucks (SBUX) Is Building Smaller Stores To Deepen Its U.S. Footprint
• Neutral Sentiment: Analysts remain focused on whether Starbucks can offset North America margin pressure in the second half of fiscal 2026, with easing coffee, tariff, and cost pressures viewed as important but not yet fully resolved. Can Starbucks Offset North America Margin Pressure in 2H FY26?
• Neutral Sentiment: Starbucks is also being viewed as part of the functional drinks and wellness trend, with protein coffee and other menu innovations potentially supporting traffic and check size over time. Starbucks Declares Quarterly Cash Dividend
• Negative Sentiment: Zacks Research downgraded Starbucks from strong-buy to hold, which can weigh on sentiment and suggests less upside in the near term. Zacks.com
• Negative Sentiment: Separate coverage says Starbucks’ South Korea troubles are still creating headlines, adding to concerns that marketing missteps and international execution issues could continue to pressure the stock. Starbucks’ South Korea Troubles Continue With Baseball Team, Starbucks Stock (NASDAQ:SBUX) Dips

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Citigroup increased their price target on shares of Starbucks from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Citizens Jmp started coverage on shares of Starbucks in a research report on Monday, March 30th. They issued an “underperform” rating and a $84.00 price objective for the company. Morgan Stanley raised shares of Starbucks from an “overweight” rating to an “overweight” rating in a research note on Thursday, May 14th. Wells Fargo & Company restated an “overweight” rating and set a $115.00 target price (up from $110.00) on shares of Starbucks in a research report on Wednesday, April 29th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Starbucks in a research note on Wednesday, March 4th. Nineteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $108.92.

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.