True North Advisors LLC Invests $646,000 in Starbucks Corporation $SBUX

True North Advisors LLC purchased a new position in shares of Starbucks Corporation (NASDAQ:SBUX) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 7,206 shares of the coffee company’s stock, valued at approximately $646,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. SEB Asset Management AB purchased a new stake in shares of Starbucks during the first quarter worth approximately $21,073,000. Swiss National Bank increased its holdings in shares of Starbucks by 7.1% in the 1st quarter. Swiss National Bank now owns 3,337,100 shares of the coffee company’s stock valued at $298,971,000 after purchasing an additional 222,100 shares in the last quarter. Valley Wealth Managers Inc. lifted its position in shares of Starbucks by 1.2% during the 1st quarter. Valley Wealth Managers Inc. now owns 50,822 shares of the coffee company’s stock valued at $4,553,000 after acquiring an additional 612 shares during the period. Mediolanum International Funds Ltd lifted its position in shares of Starbucks by 172.4% during the 1st quarter. Mediolanum International Funds Ltd now owns 373,071 shares of the coffee company’s stock valued at $32,353,000 after acquiring an additional 236,090 shares during the period. Finally, Spartan Wealth Advisory Services LLC purchased a new stake in shares of Starbucks during the 1st quarter worth approximately $298,000. 72.29% of the stock is owned by hedge funds and other institutional investors.

Starbucks News Roundup

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?

Insider Activity

In related news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $104.00, for a total value of $231,816.00. Following the completion of the transaction, the chief executive officer owned 77,364 shares of the company’s stock, valued at approximately $8,045,856. This represents a 2.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 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 transaction, 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 have sold 8,687 shares of company stock valued at $889,033 over the last 90 days. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on SBUX shares. Jefferies Financial Group initiated coverage on shares of Starbucks in a research report on Thursday, May 14th. They issued a “buy” rating on the stock. Scotiabank cut Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. Tigress Financial started coverage on shares of Starbucks in a research report on Wednesday, April 15th. They issued a “buy” rating and a $122.00 target price on the stock. TD Cowen raised Starbucks from a “hold” rating to a “buy” rating and boosted their price target for the company from $106.00 to $120.00 in a research report on Thursday, May 14th. Finally, Evercore boosted their target price on Starbucks from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Nineteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $109.42.

Starbucks Price Performance

SBUX opened at $105.49 on Monday. The firm’s 50 day moving average is $102.56 and its 200-day moving average is $97.92. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $109.23. The firm has a market capitalization of $120.23 billion, a P/E ratio of 79.92, a P/E/G ratio of 2.10 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last announced its earnings results 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. The business had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Equities analysts expect that Starbucks Corporation will post 2.4 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

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

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.