TritonPoint Partners LLC Invests $599,000 in Starbucks Corporation $SBUX

TritonPoint Partners LLC bought a new position in shares of Starbucks Corporation (NASDAQ:SBUX) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,110 shares of the coffee company’s stock, valued at approximately $599,000.

Several other hedge funds have also made changes to their positions in SBUX. Vanguard Personalized Indexing Management LLC raised its holdings in Starbucks by 6.4% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 153,502 shares of the coffee company’s stock worth $12,926,000 after purchasing an additional 9,285 shares in the last quarter. Perryman Financial Advisory Inc. AD purchased a new position in Starbucks during the fourth quarter worth about $5,111,000. Potomac Fund Management Inc. ADV raised its holdings in Starbucks by 27.0% during the fourth quarter. Potomac Fund Management Inc. ADV now owns 3,679 shares of the coffee company’s stock worth $310,000 after purchasing an additional 783 shares in the last quarter. PYA Waltman Capital LLC raised its holdings in Starbucks by 66.1% during the fourth quarter. PYA Waltman Capital LLC now owns 12,321 shares of the coffee company’s stock worth $1,038,000 after purchasing an additional 4,902 shares in the last quarter. Finally, Resources Management Corp CT ADV raised its holdings in Starbucks by 169.7% during the fourth quarter. Resources Management Corp CT ADV now owns 11,610 shares of the coffee company’s stock worth $978,000 after purchasing an additional 7,306 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Transactions at Starbucks

In other Starbucks news, 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 value of $233,621.49. Following the completion of the transaction, the chief executive officer directly owned 81,559 shares of the company’s stock, valued at approximately $8,548,198.79. This trade represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the stock in a transaction dated 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 directly owned 57,653 shares of the company’s stock, valued at approximately $6,053,565. This trade represents a 3.35% decrease in their ownership of the stock. 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. Over the last ninety days, insiders sold 8,099 shares of company stock valued at $804,907. 0.03% of the stock is currently owned by corporate insiders.

Starbucks Stock Performance

Shares of Starbucks stock opened at $103.04 on Monday. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $108.88. The stock has a market cap of $117.43 billion, a PE ratio of 78.06, a price-to-earnings-growth ratio of 2.03 and a beta of 0.98. The company has a 50-day moving average of $100.27 and a two-hundred day moving average of $94.72.

Starbucks (NASDAQ:SBUX) last issued 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. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The company had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same period last year, the company posted $0.41 earnings per share. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, sell-side analysts forecast that Starbucks Corporation will post 2.42 EPS for the current fiscal year.

Starbucks Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued a $0.62 dividend. The ex-dividend date of this dividend 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 (DPR) is 187.88%.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Reports say Tata Starbucks plans to add as many as 100 stores per year in India, signaling continued international expansion and another avenue for long-term unit growth. Tata Starbucks to add up to 100 stores annually in India – report
• Positive Sentiment: Starbucks is reportedly evaluating sale and IPO options for its Japan operations, which could unlock value, simplify the business, and provide capital for other priorities. Starbucks Evaluates Sale and IPO Options for Japanese Operations (SBUX)
• Positive Sentiment: Investor and trader interest appears to be rising, with unusual call-option activity and multiple “trending stock” articles suggesting renewed bullish attention on SBUX. Is Trending Stock Starbucks Corporation (SBUX) a Buy Now?
• Neutral Sentiment: Several articles are analyst-style commentary asking whether Starbucks is a good buy now; these reinforce attention on the name but do not add new fundamental information. Is Starbucks Corporation (SBUX) A Good Stock To Buy Now?
• Neutral Sentiment: The Bearista cup promotion tied to the World Cup may help merchandise buzz and traffic, but it is a smaller, less material catalyst than the Japan and India expansion news. The Bearista Cup Returns for the World Cup, Starbucks Stock (NASDAQ:SBUX) Gains

Analysts Set New Price Targets

Several research analysts recently issued reports on SBUX shares. Robert W. Baird increased their price target on shares of Starbucks from $112.00 to $117.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Royal Bank Of Canada cut shares of Starbucks from a “sector perform” rating to a “positive” rating in a report on Thursday, May 14th. Scotiabank cut shares of Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. UBS Group cut shares of Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. Finally, The Goldman Sachs Group cut shares of Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $107.93.

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.