Opal Capital LLC Acquires New Position in Starbucks Corporation $SBUX

Opal Capital LLC acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) during the fourth quarter, HoldingsChannel reports. The fund acquired 5,133 shares of the coffee company’s stock, valued at approximately $432,000.

A number of other large investors also recently modified their holdings of SBUX. Rothschild Wealth LLC purchased a new position in Starbucks in the 4th quarter worth approximately $293,000. Rakuten Investment Management Inc. increased its stake in Starbucks by 14,446.7% in the 4th quarter. Rakuten Investment Management Inc. now owns 210,927 shares of the coffee company’s stock worth $18,049,000 after purchasing an additional 209,477 shares during the period. L2 Asset Management LLC increased its stake in Starbucks by 9.0% in the 4th quarter. L2 Asset Management LLC now owns 5,883 shares of the coffee company’s stock worth $495,000 after purchasing an additional 488 shares during the period. Hurley Capital LLC increased its stake in Starbucks by 1.5% in the 4th quarter. Hurley Capital LLC now owns 7,962 shares of the coffee company’s stock worth $671,000 after purchasing an additional 117 shares during the period. Finally, 71 West Capital Partners purchased a new position in Starbucks in the 4th quarter worth approximately $367,000. 72.29% of the stock is owned by hedge funds and other institutional investors.

Starbucks Stock Performance

Shares of SBUX stock opened at $101.68 on Wednesday. The firm has a market cap of $115.88 billion, a P/E ratio of 77.03, a P/E/G ratio of 2.00 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. The business’s 50 day moving average price is $100.72 and its 200-day moving average price is $94.94.

Starbucks (NASDAQ:SBUX) last issued 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. The firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period last year, the company earned $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, equities analysts predict that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, May 15th. Starbucks’s dividend payout ratio (DPR) is currently 187.88%.

Insider Buying and Selling

In other news, EVP Sara Kelly sold 2,000 shares of Starbucks stock in a transaction that occurred on Wednesday, April 29th. The stock was 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 in the company, valued at approximately $6,053,565. This trade represents a 3.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 588 shares of Starbucks stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the sale, the chief executive officer owned 79,593 shares in the company, valued at $7,959,300. This represents a 0.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 8,687 shares of company stock worth $863,707. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Wolfe Research assumed coverage on Starbucks in a research note on Monday, March 9th. They issued a “peer perform” rating on the stock. DA Davidson lifted their price target on Starbucks from $97.00 to $102.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Starbucks in a research note on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Starbucks in a research note on Wednesday, April 29th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $115.00 price target (up from $110.00) on shares of Starbucks in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Starbucks currently has a consensus rating of “Moderate Buy” and an average target price of $107.93.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Some recent analysis says Starbucks is seeing stronger customer traffic thanks to better service, faster operations, and improved store experience, which supports the idea that CEO Brian Niccol’s turnaround plan is starting to gain traction.
• Positive Sentiment: Zacks recently included Starbucks on its list of top income stocks, suggesting some analysts still view the shares favorably despite the near-term noise.
• Neutral Sentiment: Reports that Starbucks plans to open 5,000 smaller-format stores point to a major footprint reset aimed at improving efficiency and adapting to changing customer habits. Starbucks plans 5,000 new stores, but they won’t look the same
• Neutral Sentiment: CEO Brady Brewer’s recent stock sale was small and made under a pre-arranged 10b5-1 plan, so it is unlikely to be a major concern for investors on its own.
• Negative Sentiment: Starbucks Korea is closing all stores early for mandatory history and social sensitivity training after backlash over a marketing campaign, following boycotts, a public apology, and an investigation. The controversy raises brand and sales risk in an important international market. Starbucks Korea to give staff history training after backlash over marketing campaign
• Negative Sentiment: Separate coverage of the South Korea issue suggests the fallout is still weighing on sentiment and could pressure revenue if the boycott persists. Starbucks Korea Shuts Stores Early After Boycott Hits Revenue

About Starbucks

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.