Armistice Capital LLC raised its stake in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) by 54.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 549,805 shares of the coffee company’s stock after buying an additional 193,698 shares during the period. Starbucks makes up 0.6% of Armistice Capital LLC’s portfolio, making the stock its 27th biggest position. Armistice Capital LLC’s holdings in Starbucks were worth $46,299,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC acquired a new position in Starbucks during the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC acquired a new position in shares of Starbucks in the 4th quarter worth approximately $25,000. Y.D. More Investments Ltd acquired a new position in shares of Starbucks in the 3rd quarter worth approximately $26,000. Entrust Financial LLC acquired a new position in shares of Starbucks in the 4th quarter worth approximately $26,000. Finally, Tucker Asset Management LLC acquired a new position in shares of Starbucks in the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.
Starbucks News Summary
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Recent coverage continues to highlight Starbucks’ turnaround strategy, including better store service, faster operations, and improving traffic trends, which supports the long-term recovery story. TipRanks article on Starbucks stock slipping
- Positive Sentiment: Starbucks is also being discussed as a potential beneficiary of its broader strategic reset, including plans for smaller-format stores and a possible restructuring of international assets, which could help efficiency and unlock value over time. Yahoo Finance article on Japan review and China stake sale
- Positive Sentiment: Analysts and other market commentary still point to Starbucks as a strong income and turnaround name, with some firms maintaining favorable ratings and higher price targets after the latest earnings beat. MarketBeat Starbucks page
- Neutral Sentiment: CEO Brady Brewer sold a small number of shares under a pre-arranged trading plan. The sale was routine and does not appear to signal a major change in leadership’s outlook. Insider trade report
- Neutral Sentiment: Articles comparing Starbucks with rivals such as McDonald’s and Dutch Bros reflect ongoing competitive pressure, but they do not point to a new fundamental development on their own. 24/7 Wall St comparison article
- Negative Sentiment: Starbucks Korea is facing backlash tied to a marketing controversy, including store closures for mandatory staff training, boycotts, and reputational damage. This is the clearest near-term negative headline weighing on sentiment. Yahoo Finance article on Starbucks Korea controversy
- Negative Sentiment: News that Starbucks is underperforming peers and lagging the broader market suggests investors are becoming more cautious, especially after a strong run earlier in the year. MarketWatch underperforms competitors article
- Negative Sentiment: Several articles note the stock is dipping more than the broader market, reinforcing that traders are taking profits and reacting to short-term uncertainty rather than the company’s recent earnings strength. Yahoo Finance article on Starbucks dip
Wall Street Analysts Forecast Growth
Get Our Latest Stock Report on SBUX
Starbucks Price Performance
Starbucks stock opened at $99.82 on Thursday. The firm’s 50 day simple moving average is $100.82 and its 200-day simple moving average is $95.03. The company has a market cap of $113.76 billion, a P/E ratio of 75.62, a price-to-earnings-growth 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.
Starbucks (NASDAQ:SBUX – Get Free Report) last released its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, topping 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 net margin of 3.89% and a negative return on equity of 29.24%. The firm’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period last year, the firm posted $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, analysts expect that Starbucks Corporation will post 2.42 EPS for the current fiscal year.
Starbucks Announces Dividend
The company also recently announced 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 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, May 15th. Starbucks’s dividend payout ratio (DPR) is 187.88%.
Insider Activity at Starbucks
In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total value of $233,621.49. Following the transaction, the chief executive officer directly owned 81,559 shares of the company’s stock, valued at $8,548,198.79. This trade represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 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 transaction of $210,000.00. Following the completion of the transaction, 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. 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 three months, insiders sold 8,687 shares of company stock worth $863,707. 0.03% of the stock is currently owned by insiders.
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.
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