Versor Investments LP Takes $1.38 Million Position in Starbucks Corporation $SBUX

Versor Investments LP acquired a new stake in Starbucks Corporation (NASDAQ:SBUX) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,400 shares of the coffee company’s stock, valued at approximately $1,381,000.

Several other large investors have also modified their holdings of SBUX. Collier Financial acquired a new stake in shares of Starbucks in the third quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC acquired a new stake in shares of Starbucks in the fourth quarter valued at approximately $25,000. Y.D. More Investments Ltd acquired a new stake in shares of Starbucks in the third quarter valued at approximately $26,000. JPL Wealth Management LLC acquired a new stake in shares of Starbucks in the third quarter valued at approximately $27,000. Finally, Kelleher Financial Advisors acquired a new stake in shares of Starbucks in the third quarter valued at approximately $27,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total value of $233,621.49. Following the completion of the transaction, the chief executive officer owned 81,559 shares in the company, valued at approximately $8,548,198.79. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,500 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total value of $242,800.00. Following the completion of the transaction, the executive vice president owned 59,609 shares of the company’s stock, valued at $5,789,226.08. The trade was a 4.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 11,187 shares of company stock valued at $1,111,085 in the last quarter. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on SBUX shares. Royal Bank Of Canada reissued a “sector perform” rating and issued a $110.00 price objective (up from $105.00) on shares of Starbucks in a report on Wednesday, April 29th. Zacks Research raised Starbucks from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. BTIG Research increased their price target on Starbucks from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. BNP Paribas Exane increased their price target on Starbucks from $84.00 to $87.00 and gave the stock an “underperform” rating in a report on Wednesday, April 29th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Starbucks in a report on Wednesday, April 22nd. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $107.00.

Starbucks Stock Performance

NASDAQ:SBUX opened at $105.74 on Tuesday. The stock has a fifty day moving average price of $97.36 and a two-hundred day moving average price of $91.82. The stock has a market capitalization of $120.51 billion, a price-to-earnings ratio of 80.11, a PEG ratio of 2.12 and a beta of 1.01. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $108.04.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.06. The firm had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.Starbucks’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, analysts predict that Starbucks Corporation will post 2.41 EPS for the current year.

Starbucks Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a $0.62 dividend. The ex-dividend date is Friday, May 15th. This represents a $2.48 annualized dividend and a yield of 2.3%. 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.