Starbucks Corporation $SBUX Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. cut its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 19.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 296,802 shares of the coffee company’s stock after selling 72,755 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Starbucks were worth $24,994,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. River Street Advisors LLC increased its position in shares of Starbucks by 0.8% during the fourth quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company’s stock worth $1,138,000 after purchasing an additional 113 shares in the last quarter. Opus Capital Group LLC increased its position in shares of Starbucks by 3.9% during the fourth quarter. Opus Capital Group LLC now owns 3,187 shares of the coffee company’s stock worth $268,000 after purchasing an additional 120 shares in the last quarter. Silver Oak Securities Incorporated increased its position in shares of Starbucks by 2.4% during the third quarter. Silver Oak Securities Incorporated now owns 5,288 shares of the coffee company’s stock worth $447,000 after purchasing an additional 122 shares in the last quarter. Wynn Capital LLC increased its position in shares of Starbucks by 1.0% during the fourth quarter. Wynn Capital LLC now owns 11,895 shares of the coffee company’s stock worth $1,002,000 after purchasing an additional 122 shares in the last quarter. Finally, Winch Advisory Services LLC increased its position in shares of Starbucks by 1.1% during the third quarter. Winch Advisory Services LLC now owns 11,004 shares of the coffee company’s stock worth $931,000 after purchasing an additional 123 shares in the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Company delivered a beat?and?raise Q2 (revenue and EPS above estimates) and raised FY26 guidance — the core catalyst behind recent investor enthusiasm. Starbucks Stock Gains as Q2 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: The “Back to Starbucks” $500M investment in staffing, scheduling and stores is driving traffic and loyalty pickup — evidence the turnaround is gaining durable traction. Starbucks Invested $500 Million in a Turnaround and Now Wall Street Is Drinking Up SBUX Stock
• Positive Sentiment: Comp-store sales and traffic rebound (U.S. comps ~7%) helped produce the first EPS increase in two years — analysts have raised targets and the stock ran to fresh highs. Starbucks’ Traffic Rebound Powers Strong Comp Growth in Q2 FY26
• Neutral Sentiment: Operational changes (faster lines, bulk espresso shots, rewards refresh) improve service and scale potential but will need time to demonstrate sustainable margin benefits. Starbucks speeds up wait times with 4-minute lines…
• Neutral Sentiment: Corporate moves like a new $100M Nashville hub signal long?term structural shifts and costs but are not material to near?term sales momentum. Starbucks is heading to Nashville — and it’s part of a bigger fast-food migration south
• Neutral Sentiment: Insider sale: EVP Sara Kelly sold 2,000 shares under a pre?arranged 10b5?1 plan — disclosed but routine and not an obvious signal of management weakness. Sara Kelly Sells 2,000 Shares of Starbucks (NASDAQ:SBUX) Stock
• Negative Sentiment: Margin pressure: higher labor and store investments have kept operating margins under strain, raising questions about the pace of profit recovery despite top?line momentum. Starbucks customers are coming back. Profits haven’t caught up yet.
• Negative Sentiment: Valuation and pullback risk: the sharp YTD run has some investors asking whether gains are priced in — several cautionary takes highlight stretched multiples and potential downside if margin recovery slips. Has Starbucks (SBUX) Run Too Far After Its 32% One Year Share Price Gain?

Starbucks Stock Performance

NASDAQ:SBUX opened at $105.33 on Friday. Starbucks Corporation has a one year low of $77.99 and a one year high of $107.27. The firm has a market cap of $120.00 billion, a price-to-earnings ratio of 79.80, a PEG ratio of 2.23 and a beta of 0.95. The firm’s fifty day moving average is $96.53 and its two-hundred day moving average is $90.95.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 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 analyst estimates of $9.17 billion. During the same period in the prior year, the company earned $0.41 earnings per share. The firm’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. As a group, equities research analysts predict that Starbucks Corporation will post 2.33 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a $0.62 dividend. 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 dividend payout ratio is presently 187.88%.

Insider Buying and Selling at Starbucks

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of the company’s stock in a transaction 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 sale, the executive vice president directly owned 57,653 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 588 shares of the stock in a transaction dated Friday, April 17th. The stock was 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 in the company, valued at approximately $8,378,800. The trade was a 0.70% 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 ninety days, insiders sold 8,958 shares of company stock worth $877,464. 0.03% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

SBUX has been the topic of a number of research analyst reports. New Street Research set a $90.00 price objective on shares of Starbucks in a report on Tuesday, January 27th. Sanford C. Bernstein reissued an “outperform” rating on shares of Starbucks in a report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Starbucks in a report on Wednesday. William Blair raised shares of Starbucks from a “market perform” rating to an “outperform” rating in a report on Thursday, January 22nd. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $115.00 price objective (up from $110.00) on shares of Starbucks in a report on Wednesday. Sixteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $106.93.

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.