US Bancorp DE increased its holdings in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) by 6.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 894,155 shares of the coffee company’s stock after acquiring an additional 51,773 shares during the period. US Bancorp DE’s holdings in Starbucks were worth $75,298,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Nordea Investment Management AB raised its holdings in shares of Starbucks by 3.2% during the third quarter. Nordea Investment Management AB now owns 433,112 shares of the coffee company’s stock valued at $36,576,000 after buying an additional 13,262 shares during the last quarter. Providence Capital Advisors LLC bought a new stake in Starbucks during the third quarter worth approximately $6,099,000. Asset Management One Co. Ltd. raised its holdings in Starbucks by 3.1% during the third quarter. Asset Management One Co. Ltd. now owns 548,768 shares of the coffee company’s stock worth $46,426,000 after purchasing an additional 16,428 shares in the last quarter. Allstate Corp bought a new stake in Starbucks during the third quarter worth approximately $3,491,000. Finally, Vanguard Group Inc. raised its holdings in Starbucks by 0.5% during the third quarter. Vanguard Group Inc. now owns 113,438,902 shares of the coffee company’s stock worth $9,596,931,000 after purchasing an additional 577,279 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Starbucks
In other Starbucks news, CEO Brady Brewer sold 588 shares of the business’s stock in a transaction on Friday, April 17th. 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 83,788 shares of the company’s stock, valued at $8,378,800. The trade was a 0.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the business’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the sale, the executive vice president directly owned 57,653 shares in the company, valued at approximately $6,053,565. This trade 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. Over the last three months, insiders have sold 8,958 shares of company stock worth $877,464. Company insiders own 0.03% of the company’s stock.
Starbucks Stock Down 0.2%
Starbucks (NASDAQ:SBUX – Get Free Report) last announced its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.06. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The company had revenue of $9.53 billion for the quarter, compared to the consensus estimate of $9.17 billion. During the same period in the previous year, the business earned $0.41 EPS. The company’s revenue was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Equities research analysts anticipate that Starbucks Corporation will post 2.33 earnings per share for the current year.
Starbucks Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, May 15th. Starbucks’s payout ratio is 187.88%.
Wall Street Analyst Weigh In
Several research analysts have issued reports on the company. New Street Research set a $90.00 price target on Starbucks in a report on Tuesday, January 27th. Jefferies Financial Group raised Starbucks from an “underperform” rating to a “hold” rating in a report on Tuesday. TD Cowen reiterated a “hold” rating and issued a $106.00 price target (up from $96.00) on shares of Starbucks in a research report on Wednesday. UBS Group reiterated a “neutral” rating and issued a $105.00 price target (up from $100.00) on shares of Starbucks in a research report on Wednesday. Finally, Guggenheim reiterated a “neutral” rating and issued a $97.00 price target (up from $95.00) on shares of Starbucks in a research report on Wednesday. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Starbucks has an average rating of “Moderate Buy” and an average target price of $106.93.
Read Our Latest Analysis on Starbucks
Starbucks News Roundup
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Company posted a beat-and-raise Q2: stronger-than-expected revenue and EPS, raised FY26 guidance and reported improved comps (global comps ~6%, U.S. comps ~7.1%), which markets interpreted as proof the turnaround is working. Starbucks Stock Gains as Q2 Earnings Beat Estimates, Revenues Rise Y/Y
- Positive Sentiment: Management’s “Back to Starbucks” moves (more staff, simpler menu, service improvements) tied to a ~$500M investment are being credited with lifting traffic and loyalty sign-ups, strengthening investor confidence. Starbucks Invested $500 Million in a Turnaround and Now Wall Street Is Drinking Up SBUX Stock
- Positive Sentiment: Traffic rebound is sustaining comp growth and helped produce the first quarterly EPS gain in two years—an operational inflection investors favor for forward momentum. Starbucks’ Traffic Rebound Powers Strong Comp Growth in Q2 FY26
- Neutral Sentiment: Operational tweaks (shorter lines, faster espresso pours, rewards refresh) underscore execution improvements that can scale but require continued monitoring for durable margin recovery. Starbucks speeds up wait times with 4-minute lines…
- Neutral Sentiment: Corporate footprint shift: plans for a $100M Nashville hub signal long-term structural changes to the workforce and costs but are not material to near-term revenue. Starbucks is heading to Nashville — and it’s part of a bigger fast-food migration south
- Negative Sentiment: Margin and cost pressure: several reports flag that higher labor and store investment have kept profits from fully recovering, leaving uncertainty about how quickly margins will normalize. Starbucks customers are coming back. Profits haven’t caught up yet.
- Negative Sentiment: Valuation and mixed analyst signals: the stock’s strong run-up has prompted questions about whether gains are priced in (articles raising caution on stretched multiples and some firms keeping conservative ratings despite higher targets). Has Starbucks (SBUX) Run Too Far After Its 32% One Year Share Price Gain?
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.
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