Starbucks Corporation $SBUX Stock Holdings Trimmed by KBC Group NV

KBC Group NV lessened its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 3.2% in the first quarter, HoldingsChannel reports. The fund owned 321,785 shares of the coffee company’s stock after selling 10,598 shares during the period. KBC Group NV’s holdings in Starbucks were worth $28,829,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Oak Thistle LLC bought a new stake in shares of Starbucks in the 4th quarter worth $1,149,000. Czech National Bank grew its holdings in 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 period. Wealth Enhancement Trust Services Inc. bought a new stake in Starbucks in the fourth quarter worth about $875,000. Third View Private Wealth LLC acquired a new stake in Starbucks in the 4th quarter valued at about $3,135,000. Finally, B. Metzler seel. Sohn & Co. AG boosted its position in shares of Starbucks by 36.4% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 88,374 shares of the coffee company’s stock valued at $7,442,000 after purchasing an additional 23,589 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Starbucks Stock Performance

Shares of SBUX opened at $104.45 on Wednesday. The company has a market capitalization of $119.04 billion, a PE ratio of 79.13, a PEG ratio of 2.09 and a beta of 0.98. The company’s 50 day moving average price is $102.50 and its 200 day moving average price is $98.20. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $109.23.

Starbucks (NASDAQ:SBUX) last issued 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. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. 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 business posted $0.41 EPS. The company’s revenue for the quarter 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, equities analysts forecast that Starbucks Corporation will post 2.41 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid 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 payout ratio is 187.88%.

Analyst Ratings Changes

SBUX has been the topic of a number of research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Starbucks in a report on Wednesday, April 22nd. Robert W. Baird lifted their price target on shares of Starbucks from $112.00 to $117.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Evercore increased their price objective on Starbucks from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Scotiabank lowered Starbucks from a “market perform” rating to an “underperform” rating in a research report on Thursday, May 14th. Finally, Stifel Nicolaus set a $117.00 price target on Starbucks and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Nineteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $109.42.

Insider Activity

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $104.00, for a total value of $231,816.00. Following the completion of the sale, the chief executive officer directly owned 77,364 shares in the company, valued at $8,045,856. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 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. Over the last ninety days, insiders sold 8,687 shares of company stock worth $889,033. Insiders own 0.03% of the company’s stock.

Trending Headlines about 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.

About Starbucks

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.