K.J. Harrison & Partners Inc Makes New $2.62 Million Investment in Starbucks Corporation $SBUX

K.J. Harrison & Partners Inc acquired a new stake in Starbucks Corporation (NASDAQ:SBUX) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 31,100 shares of the coffee company’s stock, valued at approximately $2,619,000.

Several other large investors also recently modified their holdings of SBUX. Collier Financial acquired a new position in Starbucks in the 3rd quarter valued at about $25,000. Rachor Investment Advisory Services LLC acquired a new stake in Starbucks during the fourth quarter worth approximately $25,000. Y.D. More Investments Ltd bought a new stake in shares of Starbucks during the third quarter worth approximately $26,000. JPL Wealth Management LLC acquired a new position in shares of Starbucks in the third quarter valued at approximately $27,000. Finally, Kelleher Financial Advisors acquired a new position in shares of Starbucks in the third quarter valued at approximately $27,000. 72.29% of the stock is owned by institutional investors.

Insider Activity

In other Starbucks news, CEO Brady Brewer sold 588 shares of the firm’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the transaction, the chief executive officer directly owned 83,788 shares of the company’s stock, valued at $8,378,800. This trade represents a 0.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the business’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 completion of the transaction, the executive vice president owned 57,653 shares of the company’s stock, valued at $6,053,565. The trade was 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. Insiders have sold 8,958 shares of company stock valued at $877,464 in the last ninety days. 0.03% of the stock is currently owned by company insiders.

Analyst Ratings Changes

SBUX has been the subject of several research reports. Citizens Jmp initiated coverage on Starbucks in a report on Monday, March 30th. They set an “underperform” rating and a $84.00 price target for the company. Evercore increased their price objective on Starbucks from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Mizuho lifted their target price on Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a report on Monday, January 26th. Wolfe Research assumed coverage on shares of Starbucks in a research report on Monday, March 9th. They issued a “peer perform” rating for the company. Finally, Robert W. Baird upped their price target on shares of Starbucks from $112.00 to $117.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $107.00.

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $106.44 on Thursday. The business’s 50 day simple moving average is $96.91 and its 200 day simple moving average is $91.41. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $107.55. The company has a market capitalization of $121.27 billion, a P/E ratio of 80.64, a P/E/G ratio of 2.12 and a beta of 1.01.

Starbucks (NASDAQ:SBUX) 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. The firm had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The company’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, sell-side analysts anticipate that Starbucks Corporation will post 2.4 EPS for the current fiscal year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, May 15th. Starbucks’s payout ratio is 187.88%.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Q2 takeaways show improving traffic and execution that support the “turnaround” thesis—investors treated the results as confirmation the recovery is working. Is the Starbucks Turnaround Working? Key Takeaways From Q2 Results
• Positive Sentiment: Market reaction highlighted a strong after‑hours move after mixed Q2 results but a higher FY‑26 EPS guide (2.25–2.45), signaling management confidence that helped lift the stock. Why Starbucks (SBUX) Is Up 8.2% After Mixed Q2 Results And Higher Earnings Guidance
• Positive Sentiment: Same‑store sales jumped ~6.2%, ending a multi‑quarter decline and reinforcing that in‑store demand is recovering under Niccol’s strategy. Brian Niccol Earned the ‘Retail Messi’ Nickname: Starbucks Same-Store Sales Jump 6.2% After 7 Quarters of Decline
• Neutral Sentiment: Analysts and commentary note clear improvements but advise caution: the beat/guidance is constructive, yet questions remain about sustainability and whether current momentum justifies today’s valuation. Starbucks Stages a Major Comeback. But Does That Mean You Should Buy It Now? Not So Fast.
• Neutral Sentiment: SBUX is drawing high investor attention and searches—useful signal for liquidity/interest but not a directional fundamental indicator by itself. Investors Heavily Search Starbucks Corporation (SBUX): Here is What You Need to Know
• Negative Sentiment: Front‑line employees say a new $1,200 bonus plan has unrealistic thresholds amid staffing shortages—risking morale, execution and service if staffing pressures persist. Starbucks baristas tell us why the new $1,200 bonus is impossible to get
• Negative Sentiment: Customer “cup note” complaints and commentary describe service/experience issues—signals that operational execution and brand perception still need work despite sales improvements. “They Read Like a Cry for Help”, Starbucks Stock (NASDAQ:SBUX) Notches Up Despite Cup Note Concerns

Starbucks 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.