Fiduciary Alliance LLC Has $951,000 Position in Starbucks Corporation $SBUX

Fiduciary Alliance LLC boosted its position in Starbucks Corporation (NASDAQ:SBUX) by 300.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,669 shares of the coffee company’s stock after buying an additional 7,252 shares during the quarter. Fiduciary Alliance LLC’s holdings in Starbucks were worth $951,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rachor Investment Advisory Services LLC bought a new position in shares of Starbucks in the fourth quarter valued at $25,000. Phillip James Consulting Co. bought a new stake in shares of Starbucks during the 4th quarter worth about $25,000. Cornerstone Financial Management LLC bought a new position in Starbucks during the 4th quarter worth $25,000. Entrust Financial LLC bought a new position in Starbucks during the fourth quarter worth about $26,000. Finally, JPL Wealth Management LLC bought a new stake in shares of Starbucks during the 3rd quarter valued at $27,000. Institutional investors own 72.29% of the company’s stock.

Starbucks Stock Performance

NASDAQ SBUX opened at $104.60 on Friday. The stock has a 50 day simple moving average of $101.50 and a two-hundred day simple moving average of $95.76. The stock has a market cap of $119.21 billion, a P/E ratio of 79.24, a price-to-earnings-growth ratio of 2.05 and a beta of 0.98. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $108.88.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $9.17 billion. During the same quarter in the prior year, the company earned $0.41 earnings per share. The business’s revenue was up 8.8% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Sell-side analysts predict that Starbucks Corporation will post 2.4 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have commented on the company. Wells Fargo & Company reissued an “overweight” rating and set a $115.00 target price (up from $110.00) on shares of Starbucks in a research note on Wednesday, April 29th. Wolfe Research initiated coverage on Starbucks in a research report on Monday, March 9th. They set a “peer perform” rating for the company. TD Cowen raised Starbucks from a “hold” rating to a “buy” rating and boosted their price target for the company from $106.00 to $120.00 in a research note on Thursday, May 14th. Evercore upped their target price on Starbucks from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Finally, Stephens started coverage on shares of Starbucks in a research report on Thursday, May 14th. They set an “overweight” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $108.59.

Insider Transactions at Starbucks

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of the company’s 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 completion of the transaction, the executive vice president directly owned 57,653 shares in the company, valued at $6,053,565. This represents a 3.35% decrease in their ownership of the stock. 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. Also, 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 sale, the chief executive officer owned 81,559 shares of the company’s stock, valued at $8,548,198.79. The trade was a 2.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 8,687 shares of company stock worth $863,707. 0.03% of the stock is owned by corporate insiders.

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.