Chapman Investment Management LLC Acquires New Holdings in Starbucks Corporation $SBUX

Chapman Investment Management LLC bought a new position in Starbucks Corporation (NASDAQ:SBUX) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,599 shares of the coffee company’s stock, valued at approximately $727,000. Starbucks accounts for about 0.5% of Chapman Investment Management LLC’s investment portfolio, making the stock its 24th largest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Transce3nd LLC boosted its position in Starbucks by 270.3% in the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. MTM Investment Management LLC bought a new position in shares of Starbucks in the 2nd quarter worth approximately $28,000. PFS Partners LLC boosted its holdings in shares of Starbucks by 457.4% in the third quarter. PFS Partners LLC now owns 340 shares of the coffee company’s stock worth $29,000 after buying an additional 279 shares during the last quarter. RMG Wealth Management LLC grew its position in Starbucks by 109.9% during the third quarter. RMG Wealth Management LLC now owns 382 shares of the coffee company’s stock valued at $33,000 after buying an additional 200 shares during the period. Finally, Nexus Investment Management ULC purchased a new stake in Starbucks during the second quarter valued at approximately $35,000. 72.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Citigroup dropped their price target on shares of Starbucks from $94.00 to $92.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. UBS Group reaffirmed a “neutral” rating on shares of Starbucks in a report on Friday, January 30th. Mizuho boosted their price target on Starbucks from $86.00 to $95.00 and gave the company a “neutral” rating in a report on Monday, January 26th. William Blair upgraded Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 22nd. Finally, TD Cowen reaffirmed a “hold” rating and set a $89.00 price objective (up from $84.00) on shares of Starbucks in a research report on Friday, January 30th. Eighteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $104.67.

Starbucks Stock Up 3.5%

NASDAQ:SBUX opened at $99.45 on Friday. The business’s 50-day simple moving average is $89.04 and its two-hundred day simple moving average is $87.18. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $117.46. The stock has a market cap of $113.30 billion, a PE ratio of 82.19, a P/E/G ratio of 2.22 and a beta of 0.96.

Starbucks (NASDAQ:SBUX) last released its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.03). The business had revenue of $9.92 billion for the quarter, compared to analysts’ expectations of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Sell-side analysts anticipate that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, February 13th. Starbucks’s payout ratio is 204.96%.

Insider Buying and Selling at Starbucks

In related news, Director Jorgen Vig Knudstorp bought 11,700 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was purchased at an average price of $85.00 per share, for a total transaction of $994,500.00. Following the completion of the transaction, the director owned 53,096 shares in the company, valued at $4,513,160. The trade was a 28.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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.