Danica Pension Livsforsikringsaktieselskab Takes Position in Starbucks Corporation $SBUX

Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) during the first quarter, HoldingsChannel reports. The fund acquired 124,769 shares of the coffee company’s stock, valued at approximately $11,178,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SBUX. ABN Amro Investment Solutions grew its position in Starbucks by 16.1% in the 1st quarter. ABN Amro Investment Solutions now owns 65,848 shares of the coffee company’s stock worth $5,899,000 after purchasing an additional 9,113 shares during the period. Oslo Pensjonsforsikring AS bought a new position in shares of Starbucks during the 1st quarter valued at $183,000. Long Road Investment Counsel LLC lifted its holdings in shares of Starbucks by 5.5% during the 1st quarter. Long Road Investment Counsel LLC now owns 68,570 shares of the coffee company’s stock valued at $6,143,000 after buying an additional 3,600 shares during the period. Florida Financial Advisors LLC boosted its stake in shares of Starbucks by 5.7% in the 1st quarter. Florida Financial Advisors LLC now owns 3,401 shares of the coffee company’s stock worth $305,000 after buying an additional 183 shares during the last quarter. Finally, Beta Wealth Group Inc. boosted its stake in shares of Starbucks by 1.7% in the 1st quarter. Beta Wealth Group Inc. now owns 6,114 shares of the coffee company’s stock worth $548,000 after buying an additional 103 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Analyst Upgrades and Downgrades

SBUX has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Starbucks in a report on Wednesday, April 29th. Evercore raised their target price on Starbucks from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Wedbush started coverage on Starbucks in a research report on Thursday, May 14th. They issued an “outperform” rating on the stock. Citigroup restated a “neutral” rating and set a $108.00 price target (up from $101.00) on shares of Starbucks in a research note on Tuesday, July 14th. Finally, Stephens assumed coverage on shares of Starbucks in a research report on Thursday, May 14th. They set an “overweight” rating for the company. Nineteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Starbucks has an average rating of “Moderate Buy” and a consensus target price of $109.42.

Insider Activity

In related news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at approximately $8,045,856. The trade was a 2.80% decrease in their position. The sale was disclosed in a legal filing 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 the stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $105.00, for a total transaction of $210,000.00. Following the completion of the sale, the executive vice president directly owned 57,653 shares of the company’s stock, valued at $6,053,565. This represents a 3.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 8,687 shares of company stock worth $889,033 in the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Zacks highlighted that Starbucks raised its fiscal 2026 outlook, citing traffic gains, margin recovery, and cost savings as evidence the turnaround is gaining traction.
• Positive Sentiment: Recent commentary from The Motley Fool said Niccol’s turnaround appears to be “quietly working,” even though profits were cut in half last year, suggesting investors still see meaningful upside if execution continues.
• Positive Sentiment: Health-related news that moderate coffee intake may reduce cardiovascular risk could provide a modest sentiment lift for coffee demand overall.
• Neutral Sentiment: Investors are now focused on Starbucks’ upcoming earnings report on July 29, which will be the next key checkpoint for validating the turnaround.
• Negative Sentiment: Luckin Coffee’s move into New York adds a new competitor in the U.S. coffee market and could pressure Starbucks’ traffic and pricing power, especially in key urban markets.
• Negative Sentiment: Despite progress, Starbucks is still operating from a weaker profit base after earnings were roughly cut in half last year, leaving the valuation more dependent on sustained recovery.

Starbucks Price Performance

Shares of SBUX stock opened at $104.45 on Wednesday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $109.23. The firm has a fifty day moving average price of $102.50 and a 200-day moving average price of $98.20. The company has a market cap of $119.04 billion, a price-to-earnings ratio of 79.13, a PEG ratio of 2.09 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data 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 firm had revenue of $9.53 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same period in the prior year, the business posted $0.41 EPS. Starbucks’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. Equities research analysts expect that Starbucks Corporation will post 2.41 EPS for the current year.

Starbucks Announces Dividend

The business 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 $0.62 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a yield of 2.4%. Starbucks’s dividend payout ratio is presently 187.88%.

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.