Starbucks Corporation $SBUX Shares Bought by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. grew its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 14,446.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 210,927 shares of the coffee company’s stock after purchasing an additional 209,477 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Starbucks were worth $18,049,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC purchased a new stake in Starbucks during the fourth quarter worth about $25,000. Cornerstone Financial Management LLC purchased a new stake in Starbucks during the fourth quarter worth about $25,000. Y.D. More Investments Ltd purchased a new stake in Starbucks during the third quarter worth about $26,000. Entrust Financial LLC purchased a new stake in Starbucks during the fourth quarter worth about $26,000. Finally, Tucker Asset Management LLC purchased a new stake in Starbucks during the fourth quarter worth about $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Buying and Selling at Starbucks

In other Starbucks news, CEO Brady Brewer sold 588 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the sale, the chief executive officer owned 79,593 shares of the company’s stock, valued at approximately $7,959,300. This trade represents a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 on Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total value of $210,000.00. Following the completion of the sale, the executive vice president directly owned 57,653 shares of the company’s stock, 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. Over the last ninety days, insiders have sold 8,687 shares of company stock valued at $863,707. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. JPMorgan Chase & Co. boosted their price target on shares of Starbucks from $95.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Royal Bank Of Canada lowered shares of Starbucks from a “sector perform” rating to a “positive” rating in a research note on Thursday, May 14th. Evercore boosted their price target on shares of Starbucks from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Sanford C. Bernstein restated an “outperform” rating on shares of Starbucks in a research note on Wednesday, March 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Starbucks in a research note on Wednesday, April 29th. One research 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $107.93.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Negative Sentiment: Starbucks Korea is closing all locations early on June 22 for staff training after a controversial “Tank Day” promotion triggered backlash, boycotts, and an investigation. That news raises concern about near-term sales and brand damage. Starbucks Korea Shuts Stores Early After Boycott Hits Revenue
• Negative Sentiment: Reuters also reported the same South Korea fallout, reinforcing investor worries that the controversy could weigh on sentiment and distract management. Starbucks Korea to give staff history training after backlash over marketing campaign
• Negative Sentiment: Coverage from Fast Company and other outlets suggests the backlash is severe enough to keep the issue in the spotlight, increasing reputational risk for SBUX.
• 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 stock-moving signal by itself.
• Positive Sentiment: Some commentary remains constructive, with one analysis saying Starbucks is seeing stronger traffic growth thanks to better service, faster operations, and improved customer experience initiatives, supporting the turnaround story.
• Positive Sentiment: Zacks included Starbucks on its list of top income stocks, indicating that some analysts still view the shares favorably despite the recent noise.
• Neutral Sentiment: Separate reports note rising competition from 7 Brew, which could pressure Starbucks over time, but this is more of a longer-term competitive concern than an immediate catalyst.

Starbucks Stock Down 1.4%

Shares of SBUX opened at $101.59 on Tuesday. The stock has a 50 day moving average price of $100.50 and a 200 day moving average price of $94.83. The company has a market capitalization of $115.78 billion, a price-to-earnings ratio of 76.96, a price-to-earnings-growth ratio of 2.03 and a beta of 0.98. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $108.88.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data 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. The business had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The company’s revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities analysts anticipate that Starbucks Corporation will post 2.42 EPS for the current fiscal year.

Starbucks Announces Dividend

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

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.