TritonPoint Partners LLC Takes $599,000 Position in Starbucks Corporation $SBUX

TritonPoint Partners LLC acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,110 shares of the coffee company’s stock, valued at approximately $599,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Aerodigm Wealth LLC increased its position in Starbucks by 2.7% during the 4th quarter. Aerodigm Wealth LLC now owns 4,245 shares of the coffee company’s stock worth $357,000 after purchasing an additional 112 shares in the last quarter. River Street Advisors LLC increased its position in Starbucks by 0.8% during the 4th quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company’s stock worth $1,138,000 after purchasing an additional 113 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in Starbucks by 38.2% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 409 shares of the coffee company’s stock worth $34,000 after purchasing an additional 113 shares in the last quarter. Integrity Alliance LLC. raised its position in shares of Starbucks by 3.0% in the fourth quarter. Integrity Alliance LLC. now owns 3,907 shares of the coffee company’s stock valued at $329,000 after buying an additional 114 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC raised its position in shares of Starbucks by 4.5% in the fourth quarter. RPg Family Wealth Advisory LLC now owns 2,711 shares of the coffee company’s stock valued at $228,000 after buying an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on SBUX. BNP Paribas Exane began coverage on shares of Starbucks in a research report on Thursday, May 14th. They issued an “underperform” rating for the company. Piper Sandler restated an “overweight” rating and set a $110.00 target price on shares of Starbucks in a research report on Wednesday, April 29th. Stephens began coverage on shares of Starbucks in a research report on Thursday, May 14th. They set an “overweight” rating on the stock. Scotiabank lowered shares of Starbucks from a “market perform” rating to an “underperform” rating in a research report on Thursday, May 14th. Finally, UBS Group lowered shares of Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Starbucks currently has an average rating of “Moderate Buy” and a consensus price target of $107.93.

Starbucks News Roundup

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

Insiders Place Their Bets

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total value of $233,621.49. Following the transaction, the chief executive officer owned 81,559 shares in the company, valued at $8,548,198.79. This trade represents a 2.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of Starbucks stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the completion of the transaction, the executive vice president owned 57,653 shares in the company, valued at approximately $6,053,565. This trade represents a 3.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 8,099 shares of company stock worth $804,907. 0.03% of the stock is owned by company insiders.

Starbucks Stock Performance

Shares of NASDAQ SBUX opened at $103.04 on Monday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $108.88. The firm’s 50 day moving average price is $100.27 and its 200 day moving average price is $94.72. The firm has a market cap of $117.43 billion, a P/E ratio of 78.06, a price-to-earnings-growth ratio of 2.03 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. The company had revenue of $9.53 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 up 8.8% on a year-over-year basis. During the same quarter last year, the business earned $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, equities analysts predict that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were issued 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 was Friday, May 15th. Starbucks’s dividend payout ratio (DPR) is 187.88%.

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.