Financiere des Professionnels Fonds d investissement inc. Acquires 6,901 Shares of Starbucks Corporation $SBUX

Financiere des Professionnels Fonds d investissement inc. lifted its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 36.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,700 shares of the coffee company’s stock after buying an additional 6,901 shares during the period. Financiere des Professionnels Fonds d investissement inc.’s holdings in Starbucks were worth $2,302,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of SBUX. Goodman Financial Corp lifted its stake in Starbucks by 1.6% during the 1st quarter. Goodman Financial Corp now owns 106,300 shares of the coffee company’s stock valued at $9,523,000 after acquiring an additional 1,673 shares during the period. Bessemer Group Inc. grew its stake in shares of Starbucks by 10.1% in the first quarter. Bessemer Group Inc. now owns 66,925 shares of the coffee company’s stock worth $5,997,000 after acquiring an additional 6,132 shares during the period. SteelPeak Wealth LLC raised its holdings in shares of Starbucks by 52.5% during the first quarter. SteelPeak Wealth LLC now owns 33,188 shares of the coffee company’s stock valued at $2,973,000 after purchasing an additional 11,422 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Starbucks by 214.1% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,715,733 shares of the coffee company’s stock valued at $155,154,000 after purchasing an additional 1,169,536 shares during the last quarter. Finally, Independent Financial Group LLC bought a new position in Starbucks during the first quarter valued at approximately $2,047,000. Institutional investors own 72.29% of the company’s stock.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: RBC said Starbucks’ fiscal Q3 North America same-store sales are likely to come in line with consensus, which could reassure investors that the U.S. business is stabilizing. Starbucks Fiscal Q3 North America Same-Store Sales Poised to be In-Line With Consensus, RBC Says
• Positive Sentiment: Analyst commentary remains generally constructive, with several recent firms reiterating buy or overweight ratings and price targets clustering around levels near or above the current share price. Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Starbucks (SBUX), Airbnb (ABNB) and Silgan Holdings (SLGN)
• Positive Sentiment: Starbucks’ reaffirmed dividend and efforts to cut software costs by building more of its own tools with AI may support margins over time. What Starbucks (SBUX)’s Dividend Affirmation and Software Cost Cuts Mean For Shareholders
• Positive Sentiment: Starbucks recently said it will release fiscal Q3 2026 results on July 29, keeping attention focused on a potential catalyst for the shares. Starbucks Announces Q3 Fiscal Year 2026 Results Conference Call
• Neutral Sentiment: Starbucks’ earnings preview suggests investors are waiting for confirmation that traffic, loyalty trends, and the “Back to Starbucks” turnaround plan are still improving. Earnings Preview: What To Expect From Starbucks’ Report
• Neutral Sentiment: Reuters reported that Starbucks defeated a shareholder lawsuit tied to sales declines in the U.S. and China, removing one legal overhang but not changing the core growth debate. Starbucks defeats shareholder lawsuit over US, China sales declines
• Negative Sentiment: Some coverage highlights that opinions on Starbucks remain mixed, reflecting uncertainty about the pace of the turnaround and whether sales momentum can fully reaccelerate. Starbucks vs. McDonald’s: Which Restaurant Stock Has the Edge Now?

Analyst Ratings Changes

Several equities research analysts recently issued reports on SBUX shares. The Goldman Sachs Group cut shares of Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. Piper Sandler reissued an “overweight” rating and set a $110.00 price target on shares of Starbucks in a report on Wednesday, April 29th. BTIG Research downgraded Starbucks from a “buy” rating to a “neutral” rating in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Starbucks in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group began coverage on Starbucks in a research report on Thursday, May 14th. They set a “buy” rating for the company. 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $109.42.

Starbucks Trading Down 2.7%

SBUX opened at $105.49 on Friday. The company’s 50 day moving average is $102.56 and its 200 day moving average is $97.83. The company has a market cap of $120.23 billion, a price-to-earnings ratio of 79.92, a PEG ratio of 2.15 and a beta of 0.98. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $109.23.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Tuesday, April 28th. The coffee company reported $0.50 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 business had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same period in the prior year, the company earned $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. As a group, analysts predict that Starbucks Corporation will post 2.4 EPS for the current fiscal year.

Starbucks Dividend Announcement

The business also recently disclosed 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 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, August 14th. Starbucks’s dividend payout ratio is 187.88%.

Insider Buying and Selling at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the business’s 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 completion of the sale, the chief executive officer owned 77,364 shares of the company’s stock, valued at approximately $8,045,856. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 business’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 sale, the executive vice president directly owned 57,653 shares of the company’s stock, valued at $6,053,565. This represents a 3.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,687 shares of company stock valued at $889,033 over the last 90 days. 0.03% of the stock is currently owned by company insiders.

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.