Focus Partners Wealth Reduces Position in Starbucks Corporation $SBUX

Focus Partners Wealth cut its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 4.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 698,693 shares of the coffee company’s stock after selling 31,048 shares during the period. Focus Partners Wealth’s holdings in Starbucks were worth $58,863,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Aerodigm Wealth LLC boosted its position in shares of Starbucks by 2.7% during the fourth quarter. Aerodigm Wealth LLC now owns 4,245 shares of the coffee company’s stock valued at $357,000 after buying an additional 112 shares during the last quarter. River Street Advisors LLC lifted its position in Starbucks by 0.8% during the fourth quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company’s stock valued at $1,138,000 after purchasing an additional 113 shares during the period. Creative Financial Designs Inc. ADV lifted its position in Starbucks by 38.2% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 409 shares of the coffee company’s stock valued at $34,000 after purchasing an additional 113 shares during the period. Integrity Alliance LLC. lifted its position in Starbucks by 3.0% during the fourth quarter. Integrity Alliance LLC. now owns 3,907 shares of the coffee company’s stock valued at $329,000 after purchasing an additional 114 shares during the period. Finally, RPg Family Wealth Advisory LLC lifted its position in Starbucks by 4.5% during the fourth quarter. RPg Family Wealth Advisory LLC now owns 2,711 shares of the coffee company’s stock valued at $228,000 after purchasing an additional 117 shares during the period. 72.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Stifel Nicolaus set a $117.00 price objective on shares of Starbucks and gave the company a “buy” rating in a research report on Wednesday, May 6th. Piper Sandler restated an “overweight” rating and set a $110.00 price objective on shares of Starbucks in a research report on Wednesday, April 29th. BTIG Research downgraded shares of Starbucks from a “buy” rating to a “neutral” rating in a research report on Thursday, May 14th. Dbs Bank upgraded shares of Starbucks from a “strong sell” rating to a “moderate sell” rating in a research report on Friday, March 20th. Finally, Zacks Research upgraded shares of Starbucks from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $107.93.

Insider Activity at Starbucks

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of the stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total value of $210,000.00. Following the transaction, the executive vice president directly owned 57,653 shares in the company, valued at approximately $6,053,565. This trade represents a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a legal 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 Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total transaction 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. The trade was a 2.66% decrease in their ownership of the stock. 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 8,687 shares of company stock worth $863,707 over the last quarter. 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: Zacks included Starbucks on its list of top income stocks, suggesting some analysts still view the shares favorably despite near-term noise.
• Positive Sentiment: One recent analysis said Starbucks is seeing stronger traffic growth thanks to better service, faster operations, and improved customer experience initiatives, supporting the turnaround narrative.
• Neutral Sentiment: CEO Brady Brewer sold 588 shares in a pre-arranged Rule 10b5-1 transaction. The sale was small and routine, so it is unlikely to be a major signal on its own.
• Neutral Sentiment: Another report noted Starbucks faces growing competition from 7 Brew, which is expanding quickly and could pressure traffic over time.
• Negative Sentiment: Starbucks Korea is closing all locations early on June 22 for mandatory history and social sensitivity training after a marketing backlash. The controversy has triggered boycotts, a public apology, an investigation, and renewed reputational risk for the brand. Starbucks Korea Shuts Stores Early After Boycott Hits Revenue
• Negative Sentiment: Multiple reports on the same South Korea issue suggest the fallout is severe enough to affect sentiment across the stock, since the controversy could hurt sales and distract management. Starbucks Korea to give staff history training after backlash over marketing campaign

Starbucks Trading Down 1.4%

SBUX opened at $101.59 on Tuesday. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $108.88. The company has a market capitalization of $115.78 billion, a PE ratio of 76.96, a PEG ratio of 2.03 and a beta of 0.98. The firm’s 50 day simple moving average is $100.50 and its two-hundred day simple moving average is $94.83.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, topping 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 the consensus estimate of $9.17 billion. During the same period last year, the firm earned $0.41 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Equities analysts forecast that Starbucks Corporation will post 2.42 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a $0.62 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.48 annualized dividend and a yield of 2.4%. Starbucks’s dividend payout ratio (DPR) is presently 187.88%.

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.