122,431 Shares in Starbucks Corporation $SBUX Acquired by OP Asset Management Ltd

OP Asset Management Ltd purchased a new position in Starbucks Corporation (NASDAQ:SBUX) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 122,431 shares of the coffee company’s stock, valued at approximately $10,969,000.

Several other large investors also recently bought and sold shares of the company. Oak Thistle LLC acquired a new position in Starbucks in the 4th quarter worth $1,149,000. Czech National Bank increased its position in shares of Starbucks by 3.9% during the fourth quarter. Czech National Bank now owns 299,833 shares of the coffee company’s stock worth $25,249,000 after acquiring an additional 11,135 shares during the last quarter. Goodman Financial Corp purchased a new stake in shares of Starbucks during the fourth quarter worth about $8,811,000. Wealth Enhancement Trust Services Inc. acquired a new position in shares of Starbucks in the fourth quarter worth about $875,000. Finally, Third View Private Wealth LLC acquired a new position in shares of Starbucks in the fourth quarter worth about $3,135,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Starbucks Stock Down 0.4%

Shares of NASDAQ SBUX opened at $103.16 on Friday. The stock’s 50 day moving average price is $101.37 and its two-hundred day moving average price is $95.70. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $108.88. The stock has a market capitalization of $117.57 billion, a P/E ratio of 78.15, a PEG ratio of 2.06 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.44 by $0.06. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The company had revenue of $9.53 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same quarter last year, the firm earned $0.41 EPS. The business’s revenue was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, analysts anticipate that Starbucks Corporation will post 2.4 EPS for the current year.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analyst coverage highlighted a potential turnaround in comps and operating income, suggesting Starbucks could be improving profitability as its “Back to Starbucks” strategy gains traction. Starbucks: Comps Turnaround And Operating Income Surge (Upgrade)
• Positive Sentiment: Starbucks is leaning on delivery growth to support U.S. comparable sales, with rising transactions and broader access potentially helping make recent momentum more durable. Can Starbucks Turn Delivery Momentum Into Durable U.S. Comp Growth?
• Positive Sentiment: Starbucks expanded its coffeehouse coach program after early success, which may support store execution, employee engagement, and customer experience. Starbucks expands coffeehouse coach program after early success
• Neutral Sentiment: Starbucks remains a highly watched stock among traders, reflecting continued interest in the company’s turnaround story rather than a clear new fundamental catalyst. Here is What to Know Beyond Why Starbucks Corporation (SBUX) is a Trending Stock
• Neutral Sentiment: The company’s pilot to incorporate employee TikToks is generating curiosity, but it is still an unproven marketing experiment and could help or hurt brand perception depending on execution. Starbucks pilots TikTok program for boosting employee-generated content
• Negative Sentiment: One market report said Starbucks stock slipped as investors questioned whether the TikTok strategy will translate into meaningful business results. Starbucks Stock (NASDAQ:SBUX) Slips as Starbucks Looks to Incorporate Employee TikToks

Insider Buying and Selling at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction 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 completion of the transaction, the chief executive officer owned 81,559 shares of the company’s stock, valued at $8,548,198.79. The trade was a 2.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available 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 business’s stock in a transaction 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 sale, the executive vice president owned 57,653 shares of the company’s stock, valued at approximately $6,053,565. The trade was 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 8,687 shares of company stock worth $863,707 over the last 90 days. 0.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on SBUX shares. TD Cowen upgraded Starbucks from a “hold” rating to a “buy” rating and raised their price objective for the company from $106.00 to $120.00 in a research note on Thursday, May 14th. Stifel Nicolaus set a $117.00 target price on Starbucks and gave the company a “buy” rating in a research note on Wednesday, May 6th. Wedbush started coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “outperform” rating for the company. BTIG Research cut shares of Starbucks from a “buy” rating to a “neutral” rating in a report on Thursday, May 14th. Finally, BNP Paribas Exane initiated coverage on shares of Starbucks in a research note on Thursday, May 14th. They set an “underperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $108.59.

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.