Boston Trust Walden Corp Has $14.21 Million Stake in Starbucks Corporation $SBUX

Boston Trust Walden Corp lowered its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 6.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,604 shares of the coffee company’s stock after selling 11,040 shares during the period. Boston Trust Walden Corp’s holdings in Starbucks were worth $14,209,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC acquired a new stake in shares of Starbucks during the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC bought a new position in Starbucks during the fourth quarter worth about $25,000. Phillip James Consulting Co. acquired a new stake in Starbucks during the fourth quarter valued at approximately $25,000. Entrust Financial LLC acquired a new stake in Starbucks during the fourth quarter valued at approximately $26,000. Finally, Kelleher Financial Advisors bought a new stake in shares of Starbucks in the 3rd quarter valued at approximately $27,000. Institutional investors own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Robert W. Baird increased their target price on Starbucks from $112.00 to $117.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Citizens Jmp started coverage on Starbucks in a research note on Monday, March 30th. They issued an “underperform” rating and a $84.00 price target on the stock. Citigroup upped their price target on Starbucks from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. increased their price objective on Starbucks from $95.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Finally, Piper Sandler reissued an “overweight” rating and set a $110.00 price objective on shares of Starbucks in a report on Wednesday, April 29th. Nineteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $108.92.

Insiders Place Their Bets

In other news, EVP Sara Kelly sold 2,000 shares of the stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $105.00, for a total value of $210,000.00. Following the transaction, the executive vice president owned 57,653 shares of the company’s stock, valued at $6,053,565. This represents a 3.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was 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 owned 81,559 shares in the company, valued at $8,548,198.79. This represents a 2.66% 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. In the last three months, insiders sold 8,687 shares of company stock worth $863,707. 0.03% of the stock is currently owned by company insiders.

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $104.27 on Friday. Starbucks Corporation has a one year low of $77.99 and a one year high of $108.88. The company has a 50 day moving average of $101.97 and a 200-day moving average of $96.45. The stock has a market cap of $118.84 billion, a price-to-earnings ratio of 78.99, a P/E/G ratio of 2.07 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.06. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The business had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same period in the prior year, the business posted $0.41 earnings per share. Starbucks’s 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. Equities research analysts anticipate that Starbucks Corporation will post 2.4 earnings per share for the current year.

Starbucks Announces Dividend

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

About Starbucks

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.