8,410 Shares of Starbucks Corporation $SBUX Acquired by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC purchased a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 8,410 shares of the coffee company’s stock, valued at approximately $790,000.

Other large investors also recently made changes to their positions in the company. CHICAGO TRUST Co NA grew its holdings in shares of Starbucks by 76.8% in the third quarter. CHICAGO TRUST Co NA now owns 8,109 shares of the coffee company’s stock valued at $762,000 after acquiring an additional 3,523 shares in the last quarter. Soltis Investment Advisors LLC increased its position in shares of Starbucks by 25.4% during the third quarter. Soltis Investment Advisors LLC now owns 21,850 shares of the coffee company’s stock valued at $2,053,000 after acquiring an additional 4,427 shares during the last quarter. Founders Financial Securities LLC lifted its holdings in Starbucks by 14.4% during the third quarter. Founders Financial Securities LLC now owns 5,636 shares of the coffee company’s stock worth $530,000 after acquiring an additional 710 shares during the period. United Asset Strategies Inc. lifted its holdings in Starbucks by 3.0% during the third quarter. United Asset Strategies Inc. now owns 147,011 shares of the coffee company’s stock worth $13,813,000 after acquiring an additional 4,256 shares during the period. Finally, Choreo LLC lifted its holdings in Starbucks by 3.8% during the third quarter. Choreo LLC now owns 42,338 shares of the coffee company’s stock worth $3,979,000 after acquiring an additional 1,550 shares during the period. 72.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

SBUX has been the topic of several research analyst reports. Morgan Stanley cut Starbucks from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. Wells Fargo & Company decreased their target price on Starbucks from $125.00 to $120.00 and set an “overweight” rating for the company in a research report on Wednesday, October 21st. BTIG Research reiterated a “buy” rating and set a $115.00 target price on shares of Starbucks in a research note on Friday. Gordon Haskett lifted their target price on Starbucks from $110.00 to $118.00 and gave the stock a “hold” rating in a research note on Thursday, July 30th. Finally, DA Davidson reissued a “neutral” rating and issued a $110.00 price target on shares of Starbucks in a report on Friday. Twenty-three analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $110.53.

Starbucks Price Performance

NASDAQ:SBUX opened at $103.67 on Friday. The company has a market capitalization of $118.18 billion, a P/E ratio of 46.91, a P/E/G ratio of 1.57 and a beta of 0.98. The business has a fifty day simple moving average of $99.26 and a two-hundred day simple moving average of $99.70. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51.

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

Starbucks Increases Dividend

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

More Starbucks News

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

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 588 shares of the company’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $100.00, for a total transaction of $58,800.00. Following the sale, the chief executive officer directly owned 70,920 shares of the company’s stock, valued at $7,092,000. This represents a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 6,687 shares of company stock valued at $685,935. Insiders own 0.03% of the company’s stock.

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.