Navigation Group LLC Makes New Investment in Starbucks Corporation $SBUX

Navigation Group LLC bought a new position in shares of Starbucks Corporation (NASDAQ:SBUX) during the 1st quarter, Holdings Channel.com reports. The fund bought 4,970 shares of the coffee company’s stock, valued at approximately $445,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Starbucks by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 114,410,675 shares of the coffee company’s stock worth $9,634,523,000 after buying an additional 971,773 shares in the last quarter. Capital World Investors raised its holdings in Starbucks by 9.0% in the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after acquiring an additional 7,007,268 shares in the last quarter. State Street Corp raised its holdings in Starbucks by 0.7% in the 4th quarter. State Street Corp now owns 47,869,056 shares of the coffee company’s stock valued at $4,031,053,000 after acquiring an additional 327,161 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Starbucks by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company’s stock valued at $2,212,153,000 after acquiring an additional 225,168 shares during the period. Finally, T. Rowe Price Investment Management Inc. lifted its position in shares of Starbucks by 65.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock valued at $1,637,704,000 after acquiring an additional 7,725,547 shares during the period. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $104.00, for a total value of $231,816.00. Following the completion of the transaction, the chief executive officer owned 77,364 shares of the company’s stock, valued at $8,045,856. This represents a 2.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the stock in a transaction dated 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 owned 57,653 shares of the company’s stock, valued at $6,053,565. This represents a 3.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 9,275 shares of company stock worth $947,833 in the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

Starbucks Price Performance

SBUX stock opened at $105.11 on Thursday. The stock has a market cap of $119.79 billion, a price-to-earnings ratio of 79.63, a P/E/G ratio of 2.11 and a beta of 0.98. The company has a 50 day simple moving average of $102.47 and a 200 day simple moving average of $97.61. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $108.88.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. The firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The company’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the business posted $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts anticipate that Starbucks Corporation will post 2.4 EPS for the current fiscal year.

Starbucks Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 annualized dividend and a dividend yield of 2.4%. Starbucks’s dividend payout ratio (DPR) is 187.88%.

Analysts Set New Price Targets

A number of brokerages recently commented on SBUX. Royal Bank Of Canada cut Starbucks from a “sector perform” rating to a “positive” rating in a research report on Thursday, May 14th. UBS Group downgraded shares of Starbucks from a “neutral” rating to a “neutral” rating in a research note on Thursday, May 14th. Stephens started coverage on shares of Starbucks in a report on Thursday, May 14th. They issued an “overweight” rating on the stock. Citizens Jmp started coverage on shares of Starbucks in a research report on Monday, March 30th. They issued an “underperform” rating and a $84.00 target price for the company. Finally, Jefferies Financial Group initiated coverage on shares of Starbucks in a report on Thursday, May 14th. They set a “buy” rating for the company. Nineteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Starbucks presently has an average rating of “Moderate Buy” and an average price target of $109.23.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks announced it will report Q3 fiscal 2026 results on July 29, with a webcasted conference call to follow, keeping investors focused on a potentially important catalyst for the stock. Starbucks Announces Q3 Fiscal Year 2026 Results Conference Call
• Positive Sentiment: Analysts are expecting double-digit earnings growth when Starbucks reports, which could support the bull case if management delivers on margins and turnaround progress. Earnings Preview: What To Expect From Starbucks’ Report
• Positive Sentiment: Starbucks’ Channel Development segment grew 39% year over year in Q2, showing that packaged coffee and ready-to-drink products could become a meaningful additional revenue driver. Can Starbucks’ 39% Channel Development Growth Add a New Revenue Lever?
• Positive Sentiment: Starbucks is rolling out worker bonuses, weekly pay, and expanded tipping, which may improve labor relations and store execution if the changes help retention and service quality. Starbucks (SBUX) Introduces Worker Bonuses And Weekly Pay In Frontline Overhaul
• Neutral Sentiment: Several market commentary pieces argue Starbucks may be fully valued or trading at a premium, which can limit upside even if the turnaround continues. Is Starbucks (SBUX) Overvalued Even With Its AI Cost Cuts?
• Neutral Sentiment: Other articles note the stock has already had a strong year-to-date run and is being compared unfavorably on valuation versus peers, reinforcing a wait-and-see tone ahead of earnings. Starbucks Corp. stock outperforms competitors despite losses on the day
• Neutral Sentiment: Stock commentary from Jim Cramer and other market-watch pieces adds visibility but does not appear to bring a major new fundamental catalyst. Jim Cramer Shares Why Starbucks Corporation (SBUX) Went “Nuts”

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.