M Holdings Securities Inc. Acquires 7,640 Shares of Starbucks Corporation $SBUX

M Holdings Securities Inc. acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,640 shares of the coffee company’s stock, valued at approximately $793,000.

Other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Starbucks in the 2nd quarter worth $8,504,509,000. State Street Corp increased its holdings in shares of Starbucks by 3.2% in the second quarter. State Street Corp now owns 49,260,268 shares of the coffee company’s stock valued at $5,033,907,000 after purchasing an additional 1,530,497 shares during the period. Bank of America Corp DE increased its holdings in shares of Starbucks by 9.0% in the first quarter. Bank of America Corp DE now owns 15,761,355 shares of the coffee company’s stock valued at $1,412,060,000 after purchasing an additional 1,300,085 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Starbucks by 26.2% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,506,482 shares of the coffee company’s stock worth $869,277,000 after purchasing an additional 1,767,530 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of Starbucks in the second quarter worth about $779,790,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Stifel resumed coverage with a Buy rating and a $115 price target, adding a bullish analyst view that helped support the stock’s recent advance. Starbucks rises as Stifel resumes coverage with Buy rating and $115 target
• Positive Sentiment: Starbucks is targeting 18% EPS growth in fiscal 2027, supported by margin expansion and cost savings, as well as an additional fiscal week. If achieved, stronger earnings could offset softer sales. Can SBUX Deliver 18% EPS Growth Despite a 1% Revenue Decline in FY27?
• Positive Sentiment: Starbucks raised its quarterly dividend to $0.63 from $0.62, a modest increase that may appeal to income-focused investors. The dividend implies a 2.3% yield at the cited share price. Starbucks insider trading report and dividend information
• Neutral Sentiment: CEO Brady Brewer sold 2,229 shares under a pre-arranged Rule 10b5-1 trading plan and retained 68,691 shares afterward. The planned sale may be less informative than an unplanned transaction. SEC insider transaction filing
• Negative Sentiment: The fiscal 2027 outlook calls for revenue to decline about 1%, making the targeted EPS growth reliant on cost savings and improved margins rather than sales growth. Execution will be important. Fiscal 2027 EPS and revenue outlook

Analyst Ratings Changes

A number of research firms recently commented on SBUX. Raymond James Financial reaffirmed an “outperform” rating on shares of Starbucks in a report on Friday, October 9th. Stephens began coverage on shares of Starbucks in a report on Tuesday, November 3rd. They issued an “equal weight” rating and a $39.00 price target on the stock. Weiss Ratings cut shares of Starbucks from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, November 3rd. Bank of America reaffirmed a “buy” rating on shares of Starbucks in a report on Monday, November 2nd. Finally, Evercore reiterated an “outperform” rating on shares of Starbucks in a research note on Friday, October 30th. Twenty-one analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $108.83.

Insider Activity

In related news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $110.00, for a total transaction of $245,190.00. Following the sale, the chief executive officer directly owned 68,691 shares of the company’s stock, valued at approximately $7,556,010. This represents a 3.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 6,687 shares of company stock valued at $694,874. Insiders own 0.03% of the company’s stock.

Starbucks Trading Up 0.5%

Shares of SBUX stock opened at $109.95 on Wednesday. Starbucks Corporation has a twelve month low of $81.97 and a twelve month high of $111.50. The stock has a market cap of $125.34 billion, a P/E ratio of 49.75, a P/E/G ratio of 1.81 and a beta of 1.01. The stock has a 50 day moving average of $99.25 and a 200 day moving average of $100.18.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings data on Thursday, October 29th. The coffee company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.72 by $0.08. The business had revenue of $9.14 billion for the quarter, compared to analyst estimates of $9.22 billion. Starbucks had a negative return on equity of 38.61% and a net margin of 6.66%. The business’s quarterly revenue was down 4.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.52 EPS. On average, research analysts predict that Starbucks Corporation will post 3.22 earnings per share for the current fiscal year.

Starbucks Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be paid a $0.63 dividend. The ex-dividend date is Friday, November 13th. This represents a $2.52 annualized dividend and a dividend yield of 2.3%. This is an increase from Starbucks’s previous quarterly dividend of $0.62. Starbucks’s dividend payout ratio (DPR) is presently 112.22%.

Starbucks Company Profile

Starbucks Corporation is a global coffee company that roasts, markets and sells coffee and other beverages, along with food and related merchandise. Its offerings include brewed coffee, espresso-based drinks, teas and packaged coffee products. The company serves customers through company-operated and licensed stores, as well as through retail and food-service partnerships. Its stores also sell items such as mugs and coffee-making equipment. Founded in Seattle in 1971, Starbucks operates in North America and international markets, including China.