PKO Investment Management Joint Stock Co Has $3.14 Million Stock Holdings in Starbucks Corporation $SBUX

PKO Investment Management Joint Stock Co decreased its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 12.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,000 shares of the coffee company’s stock after selling 5,000 shares during the quarter. PKO Investment Management Joint Stock Co’s holdings in Starbucks were worth $3,136,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. NWF Advisory Services Inc. boosted its position in shares of Starbucks by 2.6% during the fourth quarter. NWF Advisory Services Inc. now owns 4,349 shares of the coffee company’s stock worth $366,000 after purchasing an additional 109 shares in the last quarter. Aerodigm Wealth LLC increased its position in shares of Starbucks by 2.7% in the 4th quarter. Aerodigm Wealth LLC now owns 4,245 shares of the coffee company’s stock valued at $357,000 after buying an additional 112 shares in the last quarter. River Street Advisors LLC increased its position in shares of Starbucks by 0.8% in the 4th quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company’s stock valued at $1,138,000 after buying an additional 113 shares in the last quarter. Creative Financial Designs Inc. ADV raised its stake 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 buying an additional 113 shares during the period. Finally, Integrity Alliance LLC. raised its stake in Starbucks by 3.0% during the 4th quarter. Integrity Alliance LLC. now owns 3,907 shares of the coffee company’s stock worth $329,000 after buying an additional 114 shares during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.

Analyst Ratings Changes

SBUX has been the subject of a number of research analyst reports. Stephens began coverage on Starbucks in a research note on Thursday, May 14th. They issued an “overweight” rating for the company. BNP Paribas Exane assumed coverage on Starbucks in a research report on Thursday, May 14th. They set an “underperform” rating on the stock. Guggenheim reiterated a “neutral” rating and set a $97.00 price objective (up from $95.00) on shares of Starbucks in a report on Wednesday, April 29th. Royal Bank Of Canada lowered Starbucks from a “sector perform” rating to a “positive” rating in a research report on Thursday, May 14th. Finally, BTIG Research cut Starbucks from a “buy” rating to a “neutral” rating in a research note on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Starbucks presently has an average rating of “Moderate Buy” and a consensus target price of $108.59.

Insider Buying and Selling

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The stock was 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 of the company’s stock, valued at $6,053,565. This represents a 3.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 588 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $100.00, for a total transaction of $58,800.00. Following the transaction, the chief executive officer directly owned 79,593 shares of the company’s stock, valued at $7,959,300. This represents a 0.73% 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. In the last three months, insiders sold 8,687 shares of company stock worth $863,707. 0.03% of the stock is owned by insiders.

Starbucks Trading Down 0.5%

Shares of NASDAQ SBUX opened at $100.15 on Tuesday. The firm has a market cap of $114.14 billion, a PE ratio of 75.87, a PEG ratio of 2.00 and a beta of 0.98. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $108.88. The company has a fifty day moving average price of $101.06 and a 200 day moving average price of $95.34.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.06. The firm had revenue of $9.53 billion for 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 for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the business posted $0.41 EPS. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Equities research analysts forecast that Starbucks Corporation will post 2.4 EPS for the current year.

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.