Maverick Capital Ltd. bought a new position in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 8,126 shares of the coffee company’s stock, valued at approximately $728,000.
A number of other institutional investors and hedge funds also recently modified their holdings of SBUX. Rachor Investment Advisory Services LLC bought a new position in Starbucks during the 4th quarter worth approximately $25,000. Cornerstone Financial Management LLC bought a new stake in Starbucks in the fourth quarter valued at approximately $25,000. Phillip James Consulting Co. acquired a new stake in Starbucks in the fourth quarter worth $25,000. Entrust Financial LLC acquired a new stake in Starbucks in the fourth quarter worth $26,000. Finally, Tucker Asset Management LLC bought a new position in shares of Starbucks during the fourth quarter worth $27,000. 72.29% of the stock is owned by institutional investors.
Insider Activity at Starbucks
In other news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $104.00, for a total transaction of $231,816.00. Following the completion of the transaction, the chief executive officer directly owned 77,364 shares of the company’s stock, valued at $8,045,856. This represents a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,687 shares of company stock valued at $679,033 in the last 90 days. Insiders own 0.03% of the company’s stock.
Starbucks Stock Down 0.5%
Starbucks (NASDAQ:SBUX – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 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 analysts’ expectations of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The firm’s revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS. On average, equities analysts expect that Starbucks Corporation will post 2.41 EPS for the current year.
Starbucks Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued 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 is Friday, August 14th. Starbucks’s payout ratio is 187.88%.
Key Headlines Impacting Starbucks
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Analysts expect earnings per share of approximately $0.65, representing improvement from the year-ago period. Evidence that the turnaround is improving traffic, customer experience, or store execution could support the stock. Starbucks Q3 earnings preview
- Positive Sentiment: Recent commentary says the “Back to Starbucks” strategy is showing signs of resonating with customers, while the company’s combination of mobile ordering, drive-through service, and in-store ordering may be strengthening the customer proposition. Starbucks dividend and turnaround
- Neutral Sentiment: The options market is pricing in an approximately 5.51% post-earnings move, signaling elevated volatility but not its direction. Investors should expect a potentially significant reaction to the earnings release and guidance. Starbucks options-implied earnings move
- Negative Sentiment: Wall Street expects third-quarter revenue of roughly $9.12 billion, down about 3.6% year over year. The combination of declining sales and a sharply higher valuation raises the risk of disappointment if comparable-store sales or the outlook fall short. Starbucks stock ahead of Q3 earnings
- Negative Sentiment: Investors are also questioning whether Starbucks can maintain its dividend while funding the turnaround. Thin dividend coverage and continued weak growth could limit upside despite generally constructive analyst opinions. Starbucks dividend coverage
- Negative Sentiment: Starbucks reportedly scrapped an AI-powered inventory-counting tool developed with NomadGo. The decision is unlikely to be a major earnings driver, but it raises questions about execution and the pace of technology adoption. Starbucks AI inventory tool report
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the stock. Robert W. Baird boosted their price target on shares of Starbucks from $112.00 to $117.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Stephens assumed coverage on Starbucks in a research note on Thursday, May 14th. They set an “overweight” rating on the stock. JPMorgan Chase & Co. lifted their target price on Starbucks from $95.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Scotiabank downgraded Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. Finally, Royal Bank Of Canada downgraded Starbucks from a “sector perform” rating to a “positive” rating in a report on Thursday, May 14th. Nineteen equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Starbucks currently has an average rating of “Moderate Buy” and an average price target of $109.42.
View Our Latest Analysis on SBUX
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.
Featured Stories
- Five stocks we like better than Starbucks
- These 3 Stocks Have Soared in 2026—Can They Keep Climbing?
- Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story
- Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction
- Chips & Clips: Memory Tariffs Rewire Tech Supply Chains
Want to see what other hedge funds are holding SBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Corporation (NASDAQ:SBUX – Free Report).
Receive News & Ratings for Starbucks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starbucks and related companies with MarketBeat.com's FREE daily email newsletter.
