IFP Advisors Inc Has $2.44 Million Stock Holdings in Starbucks Corporation $SBUX

IFP Advisors Inc trimmed its holdings in Starbucks Corporation (NASDAQ:SBUX) by 29.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,885 shares of the coffee company’s stock after selling 9,917 shares during the quarter. IFP Advisors Inc’s holdings in Starbucks were worth $2,441,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SBUX. Rachor Investment Advisory Services LLC acquired a new stake in Starbucks in the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC bought a new position in shares of Starbucks in the fourth quarter worth about $25,000. Phillip James Consulting Co. bought a new position in shares of Starbucks in the fourth quarter worth about $25,000. Entrust Financial LLC acquired a new position in shares of Starbucks during the fourth quarter worth approximately $26,000. Finally, Tucker Asset Management LLC acquired a new position in shares of Starbucks during the fourth quarter worth approximately $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Activity at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total value of $236,251.71. Following the transaction, the chief executive officer owned 75,135 shares of the company’s stock, valued at $7,963,558.65. This represents a 2.88% decrease in their position. The transaction 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. In the last three months, insiders have sold 6,687 shares of company stock worth $681,663. Insiders own 0.03% of the company’s stock.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Fresh 52-week high: Starbucks reached $108.49, signaling strong momentum and renewed investor demand. The stock is approaching the upper end of its multiyear trading range, where a decisive breakout could attract additional technical buyers. Starbucks Reaches $108.49, a Fresh 52-Week High Starbucks Technical Breakout Analysis
• Positive Sentiment: Profitability focus: Coverage of Starbucks’ latest earnings call suggests management is emphasizing profits and operational performance over pursuing growth at any cost. That focus could support margins and investor confidence, particularly after the company exceeded quarterly earnings expectations in the supplied background information. Starbucks Earnings Call Signals Profits Over Growth
• Positive Sentiment: Energy-drink opportunity: Starbucks is among restaurant chains expanding into energy drinks, potentially broadening afternoon traffic, average sales and appeal to younger consumers. The strategy could create incremental growth, though its financial contribution is not yet clear. Fast-Food Chains Expand Into Energy Drinks
• Neutral Sentiment: Reports about Starbucks’ Canadian depository receipt and comparisons with other stocks provide market information but no new company-specific catalyst. Starbucks Canadian Depository Receipt Quote
• Neutral Sentiment: Starbucks’ inclusion in broader dividend-stock commentary does not materially change the company’s current outlook. S&P 500 Dividend Stock Commentary
• Negative Sentiment: At a market capitalization above $120 billion and a high earnings multiple, SBUX has limited room for disappointment. The technical rally could also encounter resistance near the top of its multiyear range.

Starbucks Trading Up 1.7%

Shares of NASDAQ SBUX opened at $108.49 on Thursday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $109.23. The firm’s 50-day moving average is $103.24 and its 200-day moving average is $99.84. The firm has a market capitalization of $123.68 billion, a PE ratio of 62.35, a price-to-earnings-growth ratio of 1.84 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The business had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same period in the previous year, the firm posted $0.50 earnings per share. Starbucks’s revenue for the quarter was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities research analysts anticipate that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a dividend of $0.62 per share. The ex-dividend date is Friday, August 14th. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. Starbucks’s payout ratio is presently 142.53%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on SBUX. Melius Research set a $110.00 price target on shares of Starbucks in a report on Monday, August 3rd. Raymond James Financial cut shares of Starbucks to an “outperform” rating in a research report on Monday, August 3rd. BNP Paribas Exane upped their price objective on Starbucks from $87.00 to $92.00 and gave the stock an “underperform” rating in a report on Thursday, July 30th. Compass Point started coverage on Starbucks in a research report on Monday, August 3rd. They issued a “buy” rating on the stock. Finally, JPMorgan Chase & Co. lifted their target price on Starbucks from $95.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $109.92.

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.