Starbucks Corporation $SBUX Stock: International Assets Investment Management LLC Grows Position

International Assets Investment Management LLC increased its stake in Starbucks Corporation (NASDAQ:SBUX) by 2,296.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 139,364 shares of the coffee company’s stock after buying an additional 133,548 shares during the quarter. International Assets Investment Management LLC’s holdings in Starbucks were worth $13,095,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in SBUX. BlackRock Inc. acquired a new position in Starbucks in the 2nd quarter worth $8,504,509,000. State Street Corp grew its stake in shares of Starbucks by 3.2% during the second quarter. State Street Corp now owns 49,260,268 shares of the coffee company’s stock valued at $5,033,907,000 after acquiring an additional 1,530,497 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of Starbucks during the second quarter worth about $1,581,287,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Starbucks by 26.2% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,506,482 shares of the coffee company’s stock worth $869,277,000 after acquiring an additional 1,767,530 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Starbucks in the second quarter worth about $779,790,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Starbucks Stock Performance

Shares of SBUX stock opened at $103.67 on Friday. The stock has a market capitalization of $118.18 billion, a price-to-earnings ratio of 46.91, a PEG ratio of 1.57 and a beta of 0.98. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The company’s 50-day simple moving average is $99.26 and its 200-day simple moving average is $99.70.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Thursday, October 29th. The coffee company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.08. Starbucks had a negative return on equity of 38.01% and a net margin of 6.66%. The firm had revenue of $9.14 billion for the quarter, compared to analysts’ expectations of $9.22 billion. During the same quarter in the prior year, the firm posted $0.52 earnings per share. Starbucks’s revenue for the quarter was down 4.5% compared to the same quarter last year. As a group, research analysts forecast that Starbucks Corporation will post 3.21 EPS for the current year.

Starbucks Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be issued a $0.63 dividend. This is a positive change from Starbucks’s previous quarterly dividend of $0.62. The ex-dividend date is Friday, November 13th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.4%. Starbucks’s dividend payout ratio (DPR) is presently 112.22%.

Insider Activity

In related news, CEO Brady Brewer sold 588 shares of the firm’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $100.00, for a total transaction of $58,800.00. Following the transaction, the chief executive officer directly owned 70,920 shares in the company, valued at $7,092,000. This trade represents a 0.82% decrease in their ownership of the stock. The sale 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. Over the last quarter, insiders sold 6,687 shares of company stock worth $685,935. Corporate insiders own 0.03% of the company’s stock.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks reported fiscal fourth-quarter adjusted EPS of $0.80, above the approximately $0.72 consensus. Adjusted operating margin expanded by roughly 450 basis points to 14% as sales leverage, cost savings and lower labor-related expenses supported profitability. Starbucks posts slight revenue miss and earnings beat
• Positive Sentiment: U.S. comparable sales increased 7.7%, ahead of management’s target, helped by higher average tickets, product mix, food attachments and improving customer traffic. Management said the turnaround is transitioning into a growth plan. Starbucks strong comps driven by ticket growth
• Positive Sentiment: Analysts remain constructive, with BTIG reaffirming a Buy rating and a $115 target, while Bank of America raised its target to $141. Starbucks also plans to test AI-powered drive-through tools, renovate more than 2,000 North American stores and add about 1,200 locations globally. Analyst raises Starbucks price target
• Neutral Sentiment: Management said Starbucks could eventually become a multibrand company and sees room for substantial international and North American expansion, but acquisitions are not currently the focus. Execution on store improvements and service remains the near-term priority. Starbucks CEO discusses future acquisitions
• Negative Sentiment: Revenue fell about 4.5% to $9.14 billion, missing estimates near $9.22 billion. The decline largely reflects Starbucks’ shift of nearly 8,000 China stores to a licensed joint venture, but international comparable sales and transactions remained weak. Starbucks international business disappoints
• Negative Sentiment: Fiscal 2027 guidance calls for roughly 4% North American comparable-sales growth, below fiscal 2026’s 6.6%, while revenue is expected to decline about 1%. Fourth-quarter ticket growth outpaced transaction growth, raising concerns that future gains may rely more on pricing and larger orders than on customer visits. Starbucks margins jump as store visits slow

Analyst Ratings Changes

A number of brokerages recently commented on SBUX. Gordon Haskett increased their price target on Starbucks from $110.00 to $118.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Rothschild & Co Redburn lifted their price objective on Starbucks from $81.00 to $82.00 and gave the stock a “sell” rating in a report on Wednesday, September 30th. Mizuho cut their target price on Starbucks from $115.00 to $105.00 and set a “neutral” rating on the stock in a research report on Friday, October 23rd. DA Davidson reaffirmed a “neutral” rating and issued a $110.00 target price on shares of Starbucks in a research report on Friday. Finally, Evercore reiterated an “outperform” rating on shares of Starbucks in a research note on Friday. Twenty-three analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, Starbucks presently has an average rating of “Hold” and an average price target of $110.53.

About Starbucks

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.