ProShare Advisors LLC Acquires 551,699 Shares of Starbucks Corporation $SBUX

ProShare Advisors LLC grew its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 38.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,973,291 shares of the coffee company’s stock after purchasing an additional 551,699 shares during the period. ProShare Advisors LLC’s holdings in Starbucks were worth $166,171,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Collier Financial bought a new stake in Starbucks during the 3rd quarter worth about $25,000. Rachor Investment Advisory Services LLC bought a new stake in Starbucks during the 4th quarter worth about $25,000. Y.D. More Investments Ltd bought a new stake in Starbucks during the 3rd quarter worth about $26,000. Entrust Financial LLC bought a new stake in Starbucks during the 4th quarter worth about $26,000. Finally, Tucker Asset Management LLC bought a new stake in Starbucks during the 4th quarter worth about $27,000. 72.29% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on SBUX shares. Royal Bank Of Canada cut shares of Starbucks from a “sector perform” rating to a “positive” rating in a research report on Thursday. Zacks Research raised shares of Starbucks from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. Scotiabank cut shares of Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday. Citizens Jmp started coverage on shares of Starbucks in a report on Monday, March 30th. They issued an “underperform” rating and a $84.00 target price on the stock. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $115.00 target price (up from $110.00) on shares of Starbucks in a report on Wednesday, April 29th. Twenty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $107.48.

Starbucks Stock Performance

Shares of SBUX stock opened at $106.60 on Tuesday. The firm’s 50-day moving average is $98.27 and its 200-day moving average is $92.55. The stock has a market cap of $121.49 billion, a price-to-earnings ratio of 80.76, a PEG ratio of 2.15 and a beta of 1.01. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $108.88.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. The business had revenue of $9.53 billion for 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 quarterly revenue was up 8.8% on a year-over-year basis. 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 predict that Starbucks Corporation will post 2.42 EPS for the current fiscal year.

Starbucks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, May 15th. Starbucks’s dividend payout ratio is currently 187.88%.

Insider Activity

In other Starbucks news, EVP Sara Kelly sold 2,500 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $242,800.00. Following the transaction, the executive vice president directly owned 59,609 shares of the company’s stock, valued at $5,789,226.08. This represents a 4.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Brady Brewer sold 2,229 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total transaction of $233,621.49. Following the completion of the transaction, the chief executive officer directly owned 81,559 shares in the company, valued at approximately $8,548,198.79. This represents 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. Over the last three months, insiders sold 11,187 shares of company stock worth $1,111,085. Insiders own 0.03% of the company’s stock.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks is getting support from multiple bullish note waves, including articles highlighting upbeat retail-sales trends, earnings estimate revisions, and commentary that SBUX is “thriving” relative to peers like Dutch Bros. 5 Stocks to Boost Your Portfolio as Retail Sales Continue to Soar
• Positive Sentiment: TD Cowen reportedly reiterated a buy view after Starbucks announced layoffs and regional-office closures, framing the restructuring as a potential margin and efficiency boost during its turnaround. Starbucks Layoffs: What to Know About the Latest SBUX Job Cuts
• Positive Sentiment: Starbucks also announced pricing terms for upsized tender offers on eight debt series, a move that may help optimize its balance sheet and lower financing risk over time. Starbucks Corporation Announces Pricing Terms for its Upsized Tender Offers for Eight Series of Notes
• Neutral Sentiment: Options-market activity has drawn attention to SBUX, but the article does not confirm a clear directional catalyst; it mainly signals elevated trader interest. Do Options Traders Know Something About Starbucks Stock We Don’t?
• Neutral Sentiment: Several stories focus on Starbucks’ new office strategy in India and U.S. regional restructuring, which supports the turnaround narrative but also underscores ongoing operational change. “Reducing Reliance on External Service Providers”: Starbucks Stock (NASDAQ:SBUX) Notches Up With New Indian Office
• Negative Sentiment: Starbucks is cutting hundreds of corporate roles and closing support offices in cities including Atlanta, Burbank, Chicago, Dallas, and Seattle, highlighting the scale of its restructuring and the pressure behind the turnaround. Starbucks delivers tough update on regional offices, cuts 100s of jobs

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.