Starbucks Corporation $SBUX Shares Purchased by Calamos Advisors LLC

Calamos Advisors LLC raised its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 4.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 414,128 shares of the coffee company’s stock after acquiring an additional 16,232 shares during the period. Calamos Advisors LLC’s holdings in Starbucks were worth $37,102,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rachor Investment Advisory Services LLC acquired a new stake in shares of Starbucks during the fourth quarter worth about $25,000. Phillip James Consulting Co. purchased a new stake in shares of Starbucks during the 4th quarter worth $25,000. Cornerstone Financial Management LLC acquired a new position in shares of Starbucks during the 4th quarter worth about $25,000. Entrust Financial LLC purchased a new position in Starbucks in the fourth quarter valued at approximately $26,000. Finally, Financial Freedom LLC raised its stake in Starbucks by 296.2% during the 1st quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock worth $28,000 after acquiring an additional 234 shares in the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Insider Activity at Starbucks

In related news, EVP Sara Kelly sold 2,000 shares of the business’s 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 sale, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $104.00, for a total value of $231,816.00. Following the sale, the chief executive officer owned 77,364 shares in the company, valued at $8,045,856. The trade was a 2.80% 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 9,275 shares of company stock worth $947,833 in the last 90 days. 0.03% of the stock is currently owned by insiders.

Starbucks Stock Up 1.3%

SBUX opened at $107.34 on Tuesday. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $108.88. The company has a market cap of $122.34 billion, a P/E ratio of 81.32, a P/E/G ratio of 2.11 and a beta of 0.98. The company has a 50 day moving average of $102.47 and a two-hundred day moving average of $97.31.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $9.17 billion. During the same period last year, the business posted $0.41 EPS. The company’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. Research analysts anticipate that Starbucks Corporation will post 2.4 earnings per share for the current year.

Starbucks Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s dividend payout ratio is 187.88%.

Analyst Upgrades and Downgrades

Several research firms have commented on SBUX. DA Davidson lifted their price target on Starbucks from $97.00 to $102.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Dbs Bank raised Starbucks from a “strong sell” rating to a “moderate sell” rating in a report on Friday, March 20th. Scotiabank downgraded shares of Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. Wedbush began coverage on Starbucks in a report on Thursday, May 14th. They set an “outperform” rating for the company. Finally, UBS Group downgraded shares of Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. Nineteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $108.92.

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.