Perryman Financial Advisory Inc. AD Takes Position in Starbucks Corporation $SBUX

Perryman Financial Advisory Inc. AD bought a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) during the fourth quarter, Holdings Channel reports. The fund bought 60,694 shares of the coffee company’s stock, valued at approximately $5,111,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Rachor Investment Advisory Services LLC acquired a new position in Starbucks in the 4th quarter valued at $25,000. Cornerstone Financial Management LLC acquired a new position in Starbucks in the 4th quarter valued at $25,000. Y.D. More Investments Ltd acquired a new position in Starbucks in the 3rd quarter valued at $26,000. Entrust Financial LLC acquired a new position in Starbucks in the 4th quarter valued at $26,000. Finally, Tucker Asset Management LLC acquired a new position in Starbucks in the 4th quarter valued at $27,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Starbucks in a research note on Wednesday, April 29th. BTIG Research downgraded Starbucks from a “buy” rating to a “neutral” rating in a research note on Thursday, May 14th. Wells Fargo & Company reissued an “overweight” rating and issued a $115.00 price objective (up from $110.00) on shares of Starbucks in a research note on Wednesday, April 29th. Scotiabank downgraded Starbucks from a “market perform” rating to an “underperform” rating in a research note on Thursday, May 14th. Finally, Jefferies Financial Group assumed coverage on Starbucks in a research note on Thursday, May 14th. They issued a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $107.93.

Starbucks Price Performance

Shares of SBUX opened at $103.04 on Monday. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $108.88. The company has a market capitalization of $117.43 billion, a PE ratio of 78.06, a price-to-earnings-growth ratio of 2.03 and a beta of 0.98. The stock has a fifty day simple moving average of $100.27 and a two-hundred day simple moving average of $94.72.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The business had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same period last year, the company earned $0.41 EPS. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, equities analysts anticipate that Starbucks Corporation will post 2.42 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a $0.62 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. Starbucks’s dividend payout ratio (DPR) is 187.88%.

Insiders Place Their Bets

In other news, CEO Brady Brewer sold 1,641 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $94.33, for a total transaction of $154,795.53. Following the completion of the transaction, the chief executive officer directly owned 80,181 shares in the company, valued at approximately $7,563,473.73. This represents a 2.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $105.00, for a total value of $210,000.00. Following the transaction, the executive vice president owned 57,653 shares of the company’s stock, valued at approximately $6,053,565. This represents a 3.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,099 shares of company stock valued at $804,907 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Reports say Tata Starbucks plans to add as many as 100 stores per year in India, signaling continued international expansion and another avenue for long-term unit growth. Tata Starbucks to add up to 100 stores annually in India – report
• Positive Sentiment: Starbucks is reportedly evaluating sale and IPO options for its Japan operations, which could unlock value, simplify the business, and provide capital for other priorities. Starbucks Evaluates Sale and IPO Options for Japanese Operations (SBUX)
• Positive Sentiment: Investor and trader interest appears to be rising, with unusual call-option activity and multiple “trending stock” articles suggesting renewed bullish attention on SBUX. Is Trending Stock Starbucks Corporation (SBUX) a Buy Now?
• Neutral Sentiment: Several articles are analyst-style commentary asking whether Starbucks is a good buy now; these reinforce attention on the name but do not add new fundamental information. Is Starbucks Corporation (SBUX) A Good Stock To Buy Now?
• Neutral Sentiment: The Bearista cup promotion tied to the World Cup may help merchandise buzz and traffic, but it is a smaller, less material catalyst than the Japan and India expansion news. The Bearista Cup Returns for the World Cup, Starbucks Stock (NASDAQ:SBUX) Gains

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.