Havemeyer Place LP Invests $2.75 Million in Starbucks Corporation $SBUX

Posted by Geri Gentry on Jun 7th, 2026

Havemeyer Place LP purchased a new position in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) during the fourth quarter, HoldingsChannel reports. The firm purchased 32,603 shares of the coffee company’s stock, valued at approximately $2,745,000. Starbucks accounts for 0.5% of Havemeyer Place LP’s portfolio, making the stock its 27th biggest position.

A number of other hedge funds also recently modified their holdings of SBUX. Collier Financial acquired a new position in shares of Starbucks during the third quarter worth $25,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Starbucks during the fourth quarter worth $25,000. Y.D. More Investments Ltd acquired a new position in shares of Starbucks during the third quarter worth $26,000. Entrust Financial LLC acquired a new position in shares of Starbucks during the fourth quarter worth $26,000. Finally, Tucker Asset Management LLC acquired a new position in shares of Starbucks during the fourth quarter worth $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Starbucks Trading Up 1.2%

Shares of NASDAQ SBUX opened at $95.29 on Friday. The firm’s 50-day moving average price is $99.24 and its 200-day moving average price is $94.10. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $108.88. The firm has a market capitalization of $108.60 billion, a P/E ratio of 72.19, a P/E/G ratio of 1.88 and a beta of 0.98.

Starbucks (NASDAQ:SBUX – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 earnings per share 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 firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same quarter in the prior year, the business earned $0.41 earnings per share. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Equities research analysts forecast that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a dividend of $0.62 per share. The ex-dividend date was Friday, May 15th. This represents a $2.48 annualized dividend and a dividend yield of 2.6%. Starbucks’s dividend payout ratio is currently 187.88%.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

Positive Sentiment: Several articles frame Starbucks as a potential turnaround story, with commentary noting improving traffic, rewards growth, innovation, and margin-recovery efforts that could support a rebound. SBUX Down 9% in a Month: Is This the Right Time to Buy the Stock?
Positive Sentiment: Starbucks is reportedly tying part of tech workers’ bonuses to AI usage, signaling management is pushing harder on productivity and technology adoption, which investors may view as a margin and efficiency positive. Starbucks (SBUX) Ties Part of Tech Bonuses to AI Usage
Positive Sentiment: Coverage comparing Starbucks with Chipotle argued that Starbucks’ turnaround looks more credible than other beaten-down restaurant names, which can reinforce investor confidence in the stock. Chipotle vs Starbucks: One Turnaround Is Real, One Is Just Smoke
Neutral Sentiment: One article revisited Starbucks’ long-term returns versus McDonald’s, which is more historical context than a direct catalyst for the stock. If you had invested $1,000 in McDonald’s or Starbucks 10 years ago, here’s what you’d have now
Negative Sentiment: Headline risk remains around Starbucks’ operations, including criticism of an “unreliable” AI inventory system and a separate legal-focused article questioning whether insiders breached fiduciary duties, both of which can add pressure to sentiment. “Unreliable” AI Inventory System Gone at Starbucks, Starbucks Stock (NASDAQ:SBUX) Ticks Down Did Starbucks Corporation Insiders Breach their Fiduciary Duties to Shareholders?

Analyst Ratings Changes

A number of equities analysts have recently commented on SBUX shares. Wolfe Research initiated coverage on shares of Starbucks in a report on Monday, March 9th. They set a “peer perform” rating on the stock. Citigroup boosted their target price on shares of Starbucks from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Stifel Nicolaus set a $117.00 target price on shares of Starbucks and gave the company a “buy” rating in a report on Wednesday, May 6th. TD Cowen upgraded shares of Starbucks from a “hold” rating to a “buy” rating and boosted their target price for the company from $106.00 to $120.00 in a report on Thursday, May 14th. Finally, DA Davidson boosted their target price on shares of Starbucks from $97.00 to $102.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.48.

Check Out Our Latest Stock Report on SBUX

Insider Activity

In other news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total transaction of $233,621.49. Following the transaction, the chief executive officer owned 81,559 shares in the company, valued at approximately $8,548,198.79. This represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the company’s stock in a transaction dated 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 in the company, valued at $6,053,565. This represents a 3.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,046 shares of company stock worth $708,911 in the last quarter. Company insiders own 0.03% of the company’s stock.

Starbucks Company Profile

(Free Report)

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.