Vanguard Personalized Indexing Management LLC Purchases 9,285 Shares of Starbucks Corporation $SBUX

Vanguard Personalized Indexing Management LLC grew its position in Starbucks Corporation (NASDAQ:SBUXFree Report) by 6.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 153,502 shares of the coffee company’s stock after buying an additional 9,285 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Starbucks were worth $12,926,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Starbucks by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 113,438,902 shares of the coffee company’s stock valued at $9,596,931,000 after purchasing an additional 577,279 shares during the last quarter. Compass Wealth Management LLC lifted its stake in Starbucks by 33.5% in the 3rd quarter. Compass Wealth Management LLC now owns 79,193 shares of the coffee company’s stock valued at $6,700,000 after purchasing an additional 19,877 shares during the last quarter. Oak Thistle LLC acquired a new stake in Starbucks in the fourth quarter valued at approximately $1,149,000. Czech National Bank boosted its position in Starbucks by 3.9% in the fourth quarter. Czech National Bank now owns 299,833 shares of the coffee company’s stock valued at $25,249,000 after buying an additional 11,135 shares in the last quarter. Finally, Goodman Financial Corp bought a new stake in shares of Starbucks during the fourth quarter worth $8,811,000. Institutional investors own 72.29% of the company’s stock.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

Analysts Set New Price Targets

Several research analysts have recently issued reports on SBUX shares. Morgan Stanley upgraded shares of Starbucks from an “overweight” rating to an “overweight” rating in a report on Thursday, May 14th. BNP Paribas Exane started coverage on Starbucks in a research report on Thursday, May 14th. They issued an “underperform” rating for the company. Stephens began coverage on Starbucks in a report on Thursday, May 14th. They set an “overweight” rating on the stock. Stifel Nicolaus set a $117.00 price objective on Starbucks and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Starbucks in a research report on Wednesday, March 4th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $107.93.

Get Our Latest Research Report on SBUX

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $103.04 on Monday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $108.88. The business’s 50-day moving average is $100.27 and its 200-day moving average is $94.72. The company has a market capitalization of $117.43 billion, a price-to-earnings ratio of 78.06, a P/E/G ratio of 2.03 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 EPS for the quarter, topping the consensus estimate of $0.44 by $0.06. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The business had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same quarter last year, the firm posted $0.41 earnings per share. The firm’s revenue was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Analysts anticipate that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, May 15th. Starbucks’s payout ratio is presently 187.88%.

Insiders Place Their Bets

In other news, CEO Brady Brewer sold 2,229 shares of the company’s 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 transaction, the chief executive officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 firm’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 sale, the executive vice president owned 57,653 shares of the company’s stock, valued at approximately $6,053,565. This 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. Insiders have sold a total of 8,099 shares of company stock worth $804,907 in the last quarter. 0.03% of the stock is owned by corporate insiders.

About Starbucks

(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.

See Also

Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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