Resources Management Corp CT ADV Increases Stake in Starbucks Corporation $SBUX

Resources Management Corp CT ADV grew its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 169.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 11,610 shares of the coffee company’s stock after buying an additional 7,306 shares during the period. Resources Management Corp CT ADV’s holdings in Starbucks were worth $978,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC purchased a new position in shares of Starbucks in the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC purchased a new position in shares of Starbucks in the 4th quarter valued at about $25,000. Y.D. More Investments Ltd purchased a new position in shares of Starbucks in the 3rd quarter valued at about $26,000. Entrust Financial LLC purchased a new position in shares of Starbucks in the 4th quarter valued at about $26,000. Finally, JPL Wealth Management LLC purchased a new position in shares of Starbucks in the 3rd quarter valued at about $27,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Starbucks Trading Down 1.4%

NASDAQ:SBUX opened at $101.59 on Tuesday. The firm has a 50-day moving average price of $100.50 and a two-hundred day moving average price of $94.83. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $108.88. The company has a market capitalization of $115.78 billion, a P/E ratio of 76.96, a price-to-earnings-growth ratio of 2.03 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.06. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The firm 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 firm posted $0.41 EPS. The firm’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. On average, equities research analysts predict that Starbucks Corporation will post 2.42 earnings per share for the current year.

Starbucks Announces Dividend

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

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Zacks included Starbucks on its list of top income stocks, suggesting some analysts still view the shares favorably despite near-term noise.
• Positive Sentiment: One recent analysis said Starbucks is seeing stronger traffic growth thanks to better service, faster operations, and improved customer experience initiatives, supporting the turnaround narrative.
• Neutral Sentiment: CEO Brady Brewer sold 588 shares in a pre-arranged Rule 10b5-1 transaction. The sale was small and routine, so it is unlikely to be a major signal on its own.
• Neutral Sentiment: Another report noted Starbucks faces growing competition from 7 Brew, which is expanding quickly and could pressure traffic over time.
• Negative Sentiment: Starbucks Korea is closing all locations early on June 22 for mandatory history and social sensitivity training after a marketing backlash. The controversy has triggered boycotts, a public apology, an investigation, and renewed reputational risk for the brand. Starbucks Korea Shuts Stores Early After Boycott Hits Revenue
• Negative Sentiment: Multiple reports on the same South Korea issue suggest the fallout is severe enough to affect sentiment across the stock, since the controversy could hurt sales and distract management. Starbucks Korea to give staff history training after backlash over marketing campaign

Insider Activity

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total transaction of $233,621.49. Following the completion of the transaction, the chief executive officer directly owned 81,559 shares in the company, valued at approximately $8,548,198.79. This trade represents a 2.66% 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. Also, EVP Sara Kelly sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the transaction, the executive vice president owned 57,653 shares of the company’s stock, valued at $6,053,565. This trade represents a 3.35% decrease in their ownership of the stock. 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. Insiders have sold a total of 8,687 shares of company stock valued at $863,707 over the last 90 days. 0.03% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

SBUX has been the subject of a number of research analyst reports. TD Cowen upgraded shares of Starbucks from a “hold” rating to a “buy” rating and increased their price target for the company from $106.00 to $120.00 in a report on Thursday, May 14th. Guggenheim reiterated a “neutral” rating and issued a $97.00 price target (up from $95.00) on shares of Starbucks in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Starbucks in a report on Wednesday, April 29th. Wolfe Research initiated coverage on shares of Starbucks in a report on Monday, March 9th. They issued a “peer perform” rating for the company. Finally, Evercore increased their price target on shares of Starbucks from $110.00 to $115.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $107.93.

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.