Patriot Financial Group Insurance Agency LLC Cuts Stock Holdings in Starbucks Corporation $SBUX

Patriot Financial Group Insurance Agency LLC lowered its position in Starbucks Corporation (NASDAQ:SBUX) by 53.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,356 shares of the coffee company’s stock after selling 5,034 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Starbucks were worth $390,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SBUX. NWF Advisory Services Inc. lifted its holdings in shares of Starbucks by 2.6% in the 4th quarter. NWF Advisory Services Inc. now owns 4,349 shares of the coffee company’s stock valued at $366,000 after buying an additional 109 shares during the period. Aerodigm Wealth LLC boosted its stake in shares of Starbucks by 2.7% during the 4th quarter. Aerodigm Wealth LLC now owns 4,245 shares of the coffee company’s stock worth $357,000 after acquiring an additional 112 shares in the last quarter. River Street Advisors LLC boosted its stake in shares of Starbucks by 0.8% during the 4th quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company’s stock worth $1,138,000 after acquiring an additional 113 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of Starbucks by 38.2% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 409 shares of the coffee company’s stock worth $34,000 after acquiring an additional 113 shares during the period. Finally, Integrity Alliance LLC. grew its holdings in shares of Starbucks by 3.0% in the 4th quarter. Integrity Alliance LLC. now owns 3,907 shares of the coffee company’s stock worth $329,000 after acquiring an additional 114 shares during the period. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Dbs Bank raised Starbucks from a “strong sell” rating to a “moderate sell” rating in a report on Friday, March 20th. Citigroup upped their target price on Starbucks from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. UBS Group cut Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. Tigress Financial began coverage on Starbucks in a research note on Wednesday, April 15th. They set a “buy” rating and a $122.00 price target for the company. Finally, Piper Sandler reiterated an “overweight” rating and issued a $110.00 price objective on shares of Starbucks in a research report on Wednesday, April 29th. Nineteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $108.92.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks declared a quarterly cash dividend of $0.62 per share, reinforcing its commitment to returning capital to shareholders and signaling confidence in cash generation. Starbucks Declares Quarterly Cash Dividend
• Positive Sentiment: Recent commentary highlights Starbucks’ plan to build smaller-format U.S. stores and expand its “third place” strategy, which could improve store density, customer traffic, and long-term brand relevance. Starbucks (SBUX) Is Building Smaller Stores To Deepen Its U.S. Footprint
• Neutral Sentiment: Analysts remain focused on whether Starbucks can offset North America margin pressure in the second half of fiscal 2026, with easing coffee, tariff, and cost pressures viewed as important but not yet fully resolved. Can Starbucks Offset North America Margin Pressure in 2H FY26?
• Neutral Sentiment: Starbucks is also being viewed as part of the functional drinks and wellness trend, with protein coffee and other menu innovations potentially supporting traffic and check size over time. Starbucks Declares Quarterly Cash Dividend
• Negative Sentiment: Zacks Research downgraded Starbucks from strong-buy to hold, which can weigh on sentiment and suggests less upside in the near term. Zacks.com
• Negative Sentiment: Separate coverage says Starbucks’ South Korea troubles are still creating headlines, adding to concerns that marketing missteps and international execution issues could continue to pressure the stock. Starbucks’ South Korea Troubles Continue With Baseball Team, Starbucks Stock (NASDAQ:SBUX) Dips

Insider Buying and Selling

In related 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 transaction of $210,000.00. Following the transaction, the executive vice president 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total transaction of $233,621.49. Following the completion of the sale, the chief executive officer directly owned 81,559 shares of the company’s stock, valued at $8,548,198.79. The trade was a 2.66% 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. In the last three months, insiders sold 8,687 shares of company stock valued at $863,707. Company insiders own 0.03% of the company’s stock.

Starbucks Stock Performance

Shares of NASDAQ:SBUX opened at $103.39 on Thursday. The business’s fifty day moving average price is $101.74 and its two-hundred day moving average price is $96.26. The stock has a market cap of $117.83 billion, a PE ratio of 78.33, a price-to-earnings-growth ratio of 2.03 and a beta of 0.98. Starbucks Corporation has a one year low of $77.99 and a one year high of $108.88.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data 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. The business had revenue of $9.53 billion for the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The business’s revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.41 earnings per share. 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 2.4 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be 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 of this dividend is Friday, August 14th. Starbucks’s payout ratio is currently 187.88%.

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.