Floyd Financial Group LLC Takes Position in Starbucks Corporation $SBUX

Floyd Financial Group LLC purchased a new position in Starbucks Corporation (NASDAQ:SBUX) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,094 shares of the coffee company’s stock, valued at approximately $1,018,000.

Other institutional investors have also recently made changes to their positions in the company. Rachor Investment Advisory Services LLC bought a new stake in shares of Starbucks in the 4th quarter valued at about $25,000. Phillip James Consulting Co. purchased a new position in Starbucks during the fourth quarter valued at approximately $25,000. Cornerstone Financial Management LLC purchased a new position in Starbucks during the fourth quarter valued at approximately $25,000. Y.D. More Investments Ltd bought a new position in Starbucks in the third quarter worth approximately $26,000. Finally, Entrust Financial LLC purchased a new stake in Starbucks during the fourth quarter worth $26,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks is accelerating expansion in India, with plans to open about 100 new stores a year. That suggests management still sees strong long-term demand in a key international market and reinforces the company’s global growth story. Starbucks Plans Faster India Growth
• Positive Sentiment: Retail-sales data continued to look solid, and Starbucks was highlighted as one of the stocks that could benefit from robust consumer demand and improving earnings expectations. 5 Stocks to Grab as Retail Sales Continue to Surge on Robust Demand
• Positive Sentiment: Another market piece also flagged Starbucks among names to watch as retail sales stay resilient, which can support the stock by signaling that consumer spending on coffee and drinks remains healthy. 5 Stocks to Grab as Retail Sales Continue to Surge on Robust Demand
• Neutral Sentiment: Coverage around Starbucks’s store closures suggests the company is pursuing a broader reset, trimming some locations while investing in café upgrades and operational changes. Investors may view this as a long-term brand refresh, but it also shows the turnaround is still in progress. The Real Reason Starbucks Is Closing Stores
• Negative Sentiment: Recent trading updates noted Starbucks underperformed peers and fell on the prior session, reflecting some near-term pressure despite the longer-term growth narrative. Starbucks Corp. stock underperforms Wednesday when compared to competitors
• Negative Sentiment: Some commentary focused on Starbucks trading lower versus the broader market, which may have weighed on sentiment heading into today. Starbucks (SBUX) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Analyst Ratings Changes

Several brokerages have issued reports on SBUX. Robert W. Baird increased their target price on Starbucks from $112.00 to $117.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. BTIG Research cut Starbucks from a “buy” rating to a “neutral” rating in a research note on Thursday, May 14th. JPMorgan Chase & Co. raised their price objective on Starbucks from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Royal Bank Of Canada lowered Starbucks from a “sector perform” rating to a “positive” rating in a research note on Thursday, May 14th. Finally, Tigress Financial assumed coverage on shares of Starbucks in a research report on Wednesday, April 15th. They set a “buy” rating and a $122.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Starbucks presently has a consensus rating of “Moderate Buy” and an average target price of $107.93.

Insiders Place Their Bets

In other Starbucks news, CEO Brady Brewer sold 588 shares of Starbucks stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $100.00, for a total transaction of $58,800.00. Following the completion of the sale, the chief executive officer owned 79,593 shares of the company’s stock, valued at approximately $7,959,300. The trade was a 0.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the business’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total value of $210,000.00. Following the sale, the executive vice president owned 57,653 shares in the company, valued at approximately $6,053,565. The trade was a 3.35% 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. Insiders have sold 8,687 shares of company stock worth $863,707 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Starbucks Stock Performance

Shares of SBUX stock opened at $100.65 on Friday. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $108.88. The firm has a market capitalization of $114.71 billion, a price-to-earnings ratio of 76.25, a PEG ratio of 1.97 and a beta of 0.98. The stock’s 50-day simple moving average is $100.93 and its 200-day simple moving average is $95.13.

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

Starbucks Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Friday, May 15th. Starbucks’s payout ratio is presently 187.88%.

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.