Dai ichi Life Insurance Company Ltd Has $4.90 Million Holdings in Starbucks Corporation $SBUX

Dai ichi Life Insurance Company Ltd lifted its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 41.4% during the 1st quarter, Holdings Channel reports. The firm owned 54,719 shares of the coffee company’s stock after purchasing an additional 16,027 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in Starbucks were worth $4,902,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Rachor Investment Advisory Services LLC acquired a new stake in Starbucks during the fourth quarter worth approximately $25,000. Phillip James Consulting Co. acquired a new position in Starbucks in the 4th quarter valued at $25,000. Cornerstone Financial Management LLC bought a new stake in shares of Starbucks during the 4th quarter valued at $25,000. Entrust Financial LLC bought a new stake in shares of Starbucks during the 4th quarter valued at $26,000. Finally, Financial Freedom LLC grew its holdings in shares of Starbucks by 296.2% during the 1st quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock worth $28,000 after purchasing an additional 234 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors.

Starbucks Stock Up 0.0%

Shares of SBUX stock opened at $103.25 on Friday. The business has a fifty day simple moving average of $102.32 and a 200 day simple moving average of $98.51. The company has a market cap of $117.67 billion, a P/E ratio of 78.22, a P/E/G ratio of 2.05 and a beta of 0.98. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $109.23.

Starbucks (NASDAQ:SBUX) last released 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 for 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 business’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, equities research analysts anticipate that Starbucks Corporation will post 2.41 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

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

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of the 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 transaction, the chief executive officer owned 77,364 shares of the company’s stock, valued at $8,045,856. This represents a 2.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 firm’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 sale, the executive vice president owned 57,653 shares in the company, valued at $6,053,565. This represents 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 a total of 8,687 shares of company stock worth $889,033 over the last ninety days. 0.03% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts recently commented on SBUX shares. Scotiabank downgraded Starbucks from a “market perform” rating to an “underperform” rating in a research note on Thursday, May 14th. Guggenheim reiterated a “neutral” rating and set a $97.00 price objective (up from $95.00) on shares of Starbucks in a research note on Wednesday, April 29th. Piper Sandler reissued an “overweight” rating and issued a $110.00 target price on shares of Starbucks in a report on Wednesday, April 29th. UBS Group cut shares of Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. Finally, JPMorgan Chase & Co. upped their price target on shares of Starbucks from $95.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Nineteen investment 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $109.42.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: UBS said Starbucks is likely to report continued sales momentum in fiscal Q3, pointing to progress in its turnaround efforts and stronger near-term demand trends. Starbucks Sales Momentum Likely Continued in Fiscal Q3, UBS Says
• Positive Sentiment: UBS also said Starbucks’ turnaround strategy could drive U.S. comparable sales above consensus expectations, which supports the bullish case ahead of earnings. Starbucks’ Turnaround Strategy Could Drive US Comparable Sale Upside, UBS Says
• Positive Sentiment: Multiple pre-earnings previews note improving traffic, loyalty momentum, and product innovation, reinforcing expectations that Starbucks may be stabilizing operations. Starbucks Q3 Earnings Ahead: Buy, Sell or Hold the Stock?
• Neutral Sentiment: Wall Street outlook pieces are highlighting upcoming Q3 estimates and key operating metrics, suggesting investors are waiting for the actual earnings report for confirmation. Unveiling Starbucks (SBUX) Q3 Outlook: Wall Street Estimates for Key Metrics
• Neutral Sentiment: Broader consumer stocks were stronger late Friday, providing a supportive sector backdrop for Starbucks rather than a company-specific catalyst. Sector Update: Consumer Stocks Rise Late Afternoon
• Positive Sentiment: Recent coverage says Starbucks is outperforming the Nasdaq-100 this year, reflecting renewed investor optimism around the stock’s recovery story. Starbucks Is on Track to Beat the Nasdaq-100 for the First Time Since 2022. Is There More Room to Run?

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.