Starbucks Corporation $SBUX Shares Sold by Northstar Group Inc.

Posted by Geri Gentry on Jul 5th, 2026

Northstar Group Inc. reduced its position in Starbucks Corporation (NASDAQ:SBUX – Free Report) by 9.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 54,777 shares of the coffee company’s stock after selling 5,526 shares during the period. Northstar Group Inc.’s holdings in Starbucks were worth $4,908,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC acquired a new position in shares of Starbucks in the 4th quarter worth approximately $25,000. Cornerstone Financial Management LLC bought a new stake in shares of Starbucks in the 4th quarter valued at approximately $25,000. Phillip James Consulting Co. acquired a new stake in shares of Starbucks during the 4th quarter valued at approximately $25,000. Entrust Financial LLC acquired a new stake in shares of Starbucks during the 4th quarter valued at approximately $26,000. Finally, Tucker Asset Management LLC bought a new position in Starbucks during the fourth quarter worth $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on SBUX. Piper Sandler reiterated an “overweight” rating and set a $110.00 target price on shares of Starbucks in a research note on Wednesday, April 29th. Jefferies Financial Group started coverage on shares of Starbucks in a research report on Thursday, May 14th. They issued a “buy” rating on the stock. Evercore lifted their price target on shares of Starbucks from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. UBS Group downgraded shares of Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. Finally, Citigroup increased their price objective on shares of Starbucks from $99.00 to $101.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Nineteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $108.92.

View Our Latest Stock Analysis on Starbucks

Insider Buying and Selling at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $104.81, for a total value of $233,621.49. Following the completion of the transaction, the chief executive officer owned 81,559 shares of the company’s stock, valued at approximately $8,548,198.79. This represents a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 Starbucks 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 sale, the executive vice president owned 57,653 shares in the company, valued at approximately $6,053,565. This represents a 3.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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

SBUX stock opened at $104.27 on Friday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $108.88. The stock has a market capitalization of $118.84 billion, a price-to-earnings ratio of 78.99, a PEG ratio of 2.07 and a beta of 0.98. The stock’s fifty day moving average is $101.97 and its two-hundred day moving average is $96.45.

Starbucks (NASDAQ:SBUX – Get Free Report) last posted its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. The firm had revenue of $9.53 billion during the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. Starbucks’s revenue was up 8.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, analysts predict that Starbucks Corporation will post 2.4 EPS for the current fiscal year.

Starbucks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, August 14th. Starbucks’s payout ratio is 187.88%.

About Starbucks

(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.