Starbucks Corporation $SBUX Shares Purchased by MASTERINVEST Kapitalanlage GmbH

MASTERINVEST Kapitalanlage GmbH lifted its stake in Starbucks Corporation (NASDAQ:SBUXFree Report) by 165.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,506 shares of the coffee company’s stock after acquiring an additional 7,176 shares during the period. MASTERINVEST Kapitalanlage GmbH’s holdings in Starbucks were worth $1,031,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rachor Investment Advisory Services LLC bought a new stake in Starbucks during the fourth quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new stake in Starbucks in the fourth quarter worth approximately $25,000. Phillip James Consulting Co. bought a new position in Starbucks during the 4th quarter valued at $25,000. Entrust Financial LLC bought a new position in Starbucks during the 4th quarter valued at $26,000. Finally, Tucker Asset Management LLC acquired a new position in shares of Starbucks during the 4th quarter valued at $27,000. 72.29% of the stock is currently owned by institutional investors.

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $104.00, for a total transaction of $231,816.00. Following the transaction, the chief executive officer owned 77,364 shares of the company’s stock, valued at $8,045,856. The trade was a 2.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the company’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 completion of the transaction, the executive vice president owned 57,653 shares in the company, valued at $6,053,565. This represents 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 a total of 9,275 shares of company stock valued at $947,833 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Starbucks Stock Performance

NASDAQ SBUX opened at $105.11 on Thursday. The firm’s 50 day moving average price is $102.47 and its two-hundred day moving average price is $97.61. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $108.88. The stock has a market cap of $119.79 billion, a price-to-earnings ratio of 79.63, a PEG ratio of 2.11 and a beta of 0.98.

Starbucks (NASDAQ:SBUXGet Free Report) last released its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. The company had revenue of $9.53 billion during the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The company’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.41 earnings per share. 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 fiscal year.

Starbucks Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SBUX. Weiss Ratings restated a “hold (c)” rating on shares of Starbucks in a report on Wednesday, April 22nd. Piper Sandler reaffirmed an “overweight” rating and set a $110.00 target price on shares of Starbucks in a report on Wednesday, April 29th. Stephens started coverage on shares of Starbucks in a research report on Thursday, May 14th. They issued an “overweight” rating on the stock. Jefferies Financial Group began coverage on shares of Starbucks in a report on Thursday, May 14th. They issued a “buy” rating for the company. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Starbucks in a research report on Wednesday, April 29th. Nineteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.23.

Check Out Our Latest Report on Starbucks

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Starbucks Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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