Starbucks Corporation $SBUX Shares Acquired by First Trust Advisors LP

First Trust Advisors LP increased its holdings in Starbucks Corporation (NASDAQ:SBUX) by 14.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 194,450 shares of the coffee company’s stock after purchasing an additional 25,128 shares during the period. First Trust Advisors LP’s holdings in Starbucks were worth $17,421,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in SBUX. Norges Bank purchased a new stake in Starbucks in the 4th quarter valued at about $1,232,650,000. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Starbucks by 65.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock worth $1,637,704,000 after acquiring an additional 7,725,547 shares during the period. Capital World Investors lifted its holdings in shares of Starbucks by 9.0% during the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock worth $7,135,228,000 after acquiring an additional 7,007,268 shares during the period. Corient Private Wealth LLC boosted its position in shares of Starbucks by 146.6% in the second quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock worth $553,201,000 after acquiring an additional 3,596,014 shares during the last quarter. Finally, Amundi boosted its position in shares of Starbucks by 57.1% in the fourth quarter. Amundi now owns 4,532,627 shares of the coffee company’s stock worth $381,693,000 after acquiring an additional 1,647,292 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Global comparable-store sales rose 7.9%, driven primarily by a 4.2% increase in comparable transactions, indicating stronger customer traffic as well as improved spending per visit. Starbucks Reports Q3 Fiscal Year 2026 Results
• Positive Sentiment: Adjusted earnings reached $0.85 per share, exceeding consensus estimates near $0.65-$0.66, while revenue of approximately $9.32 billion also topped forecasts. Reported GAAP EPS was $0.91, up sharply from the prior year. Starbucks Q3 Earnings Surpass Estimates
• Positive Sentiment: Starbucks raised fiscal 2026 adjusted EPS guidance to $2.55-$2.65 from $2.25-$2.45 and set a 6% global comparable-sales growth target. The outlook is above the roughly $2.39 analyst consensus. Starbucks Raises Its Full-Year Guidance
• Positive Sentiment: North American revenue increased 7% to $7.4 billion, while international margins improved, reinforcing expectations that operational improvements can support earnings growth. Starbucks Q3 Comparable Sales Rise 7.9%

Analysts Set New Price Targets

Several brokerages recently commented on SBUX. DA Davidson upped their price target on shares of Starbucks from $97.00 to $102.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Wells Fargo & Company reiterated an “overweight” rating and issued a $120.00 price target (up from $115.00) on shares of Starbucks in a report on Thursday, July 16th. TD Cowen raised shares of Starbucks from a “hold” rating to a “buy” rating and boosted their price objective for the company from $106.00 to $120.00 in a research note on Thursday, May 14th. BTIG Research downgraded Starbucks from a “buy” rating to a “neutral” rating in a report on Thursday, May 14th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $111.00 target price (up from $110.00) on shares of Starbucks in a research report on Wednesday, July 15th. Nineteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Starbucks currently has an average rating of “Moderate Buy” and a consensus target price of $109.42.

Insider Buying and Selling at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction on Monday, July 6th. The shares were sold at an average price of $104.00, for a total transaction of $231,816.00. Following the transaction, the chief executive officer owned 77,364 shares in the company, valued at approximately $8,045,856. The trade was a 2.80% decrease in their position. The transaction 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. In the last quarter, insiders have sold 6,687 shares of company stock worth $679,033. Insiders own 0.03% of the company’s stock.

Starbucks Stock Performance

SBUX opened at $104.14 on Thursday. The firm has a 50 day moving average price of $102.15 and a 200 day moving average price of $98.92. The company has a market cap of $118.69 billion, a PE ratio of 78.89, a price-to-earnings-growth ratio of 2.05 and a beta of 0.98. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $109.23.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.66 by $0.19. The firm had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. Starbucks’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, sell-side analysts predict that Starbucks Corporation will post 2.41 earnings per share for the current year.

Starbucks Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio (DPR) is currently 187.88%.

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.