Starbucks Corporation $SBUX Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC decreased its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 4.7% during the first quarter, Holdings Channel.com reports. The fund owned 142,842 shares of the coffee company’s stock after selling 7,108 shares during the period. Janus Henderson Group PLC’s holdings in Starbucks were worth $12,795,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Oak Thistle LLC purchased a new position in Starbucks in the 4th quarter worth $1,149,000. Wealth Enhancement Trust Services Inc. purchased a new stake in Starbucks during the 4th quarter valued at about $875,000. Third View Private Wealth LLC acquired a new position in shares of Starbucks in the fourth quarter valued at about $3,135,000. B. Metzler seel. Sohn & Co. AG raised its stake in shares of Starbucks by 36.4% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 88,374 shares of the coffee company’s stock worth $7,442,000 after purchasing an additional 23,589 shares during the last quarter. Finally, Jefferies Financial Group Inc. lifted its holdings in shares of Starbucks by 94.5% during the fourth quarter. Jefferies Financial Group Inc. now owns 94,260 shares of the coffee company’s stock worth $7,938,000 after purchasing an additional 45,794 shares during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on SBUX shares. Sanford C. Bernstein downgraded shares of Starbucks from an “outperform” rating to a “market perform” rating in a report on Monday. Tigress Financial began coverage on shares of Starbucks in a report on Wednesday, April 15th. They issued a “buy” rating and a $122.00 price objective on the stock. Wedbush initiated coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “outperform” rating on the stock. Royal Bank Of Canada reissued a “sector perform” rating and set a $115.00 target price (up from $110.00) on shares of Starbucks in a report on Thursday, July 30th. Finally, Guggenheim initiated coverage on shares of Starbucks in a research report on Monday. They set a “buy” rating for the company. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $111.96.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Improving traffic and earnings: Starbucks reported quarterly earnings of $0.85 per share, well above the $0.66 consensus estimate, while revenue of $9.32 billion also exceeded expectations. Management cited broader traffic gains, faster service and store upgrades as drivers of the recovery. Can Starbucks’ Raised 2026 Outlook Drive a Durable Earnings Recovery?
• Positive Sentiment: Higher fiscal 2026 outlook: Starbucks raised its fiscal 2026 earnings guidance to approximately $2.55-$2.65 per share. The upgrade reinforces expectations for a durable earnings recovery if sales momentum and margin improvement continue. SBUX Q3 Earnings Call Highlights Durable Traffic Recovery
• Positive Sentiment: Seasonal product launch: The Pumpkin Spice Latte will return this month alongside new fall beverages, food and merchandise. The promotion could boost customer visits and average spending during an important seasonal period. Starbucks announces Pumpkin Spice Latte return date
• Positive Sentiment: Analyst support: Melius Research upgraded SBUX from Sell to Hold after the strong quarterly results, while BTIG reiterated its Buy rating, reducing immediate bearish pressure.
• Neutral Sentiment: Store portfolio changes: Starbucks may close underperforming locations as it reshapes its large store base. Closures could improve efficiency and profitability, but they also highlight ongoing cost and traffic challenges. Starbucks CEO says your local store may not survive
• Negative Sentiment: Valuation and competition remain concerns: Analysts argue that much of the recovery is already reflected in the share price, with Starbucks trading at a high earnings multiple. Rivals such as Dutch Bros are competing for growth, while Starbucks must sustain traffic gains and control costs to justify its premium valuation. Starbucks is recovering, but the stock looks fully priced

Starbucks Price Performance

Shares of NASDAQ SBUX opened at $104.97 on Wednesday. The stock has a market capitalization of $119.67 billion, a price-to-earnings ratio of 60.33, a PEG ratio of 1.78 and a beta of 0.97. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $109.23. The firm’s 50 day simple moving average is $102.31 and its 200-day simple moving average is $99.33.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The firm had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same period in the previous year, the firm earned $0.50 EPS. The business’s quarterly revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Analysts anticipate that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The company also recently disclosed 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 dividend yield of 2.4%. Starbucks’s dividend payout ratio is 142.53%.

Insider Buying and Selling at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $104.00, for a total transaction of $231,816.00. Following the sale, the chief executive officer directly owned 77,364 shares of the company’s stock, valued at $8,045,856. This represents a 2.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 4,458 shares of company stock valued at $445,412 in the last three months. Corporate insiders own 0.03% of the company’s stock.

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.