Starbucks Corporation (NASDAQ:SBUX) Stock Rated “Hold” by Wall Street Brokerages

Starbucks Corporation (NASDAQ:SBUX) has received an average rating of “Hold” from the forty analysts that are covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and twenty-three have issued a buy recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $110.80.

A number of brokerages have weighed in on SBUX. Compass Point started coverage on Starbucks in a research report on Monday, August 3rd. They issued a “buy” rating on the stock. TD Cowen reaffirmed a “buy” rating on shares of Starbucks in a research report on Monday, September 21st. William Blair reissued an “outperform” rating on shares of Starbucks in a research note on Thursday, October 8th. Gordon Haskett lifted their target price on shares of Starbucks from $110.00 to $118.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Finally, Citigroup reiterated a “neutral” rating on shares of Starbucks in a research note on Tuesday.

Starbucks Stock Performance

Shares of Starbucks stock opened at $97.87 on Tuesday. The company has a market capitalization of $111.57 billion, a P/E ratio of 40.13, a PEG ratio of 1.40 and a beta of 0.98. Starbucks has a 1 year low of $77.99 and a 1 year high of $110.51. The company’s fifty day moving average is $100.05 and its two-hundred day moving average is $101.18.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%. The company had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same quarter in the prior year, the company earned $0.50 earnings per share. Starbucks’s revenue was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities analysts expect that Starbucks will post 2.60 earnings per share for the current year.

Starbucks Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be paid a $0.63 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.6%. This is a positive change from Starbucks’s previous quarterly dividend of $0.62. Starbucks’s dividend payout ratio (DPR) is presently 142.53%.

Insider Activity at Starbucks

In other Starbucks news, CEO Brady Brewer sold 1,641 shares of Starbucks stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $94.76, for a total transaction of $155,501.16. Following the completion of the transaction, the chief executive officer owned 71,508 shares in the company, valued at approximately $6,776,098.08. The trade was a 2.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,099 shares of company stock worth $627,135 in the last ninety days. Insiders own 0.03% of the company’s stock.

Institutional Trading of Starbucks

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. James T. Borello RIA bought a new stake in shares of Starbucks during the 3rd quarter worth about $127,000. V Square Quantitative Management LLC raised its stake in shares of Starbucks by 3.1% in the 3rd quarter. V Square Quantitative Management LLC now owns 16,559 shares of the coffee company’s stock valued at $1,556,000 after acquiring an additional 499 shares in the last quarter. Vertrix Wealth Management LLC lifted its position in shares of Starbucks by 27.6% during the 3rd quarter. Vertrix Wealth Management LLC now owns 32,404 shares of the coffee company’s stock worth $3,045,000 after purchasing an additional 7,017 shares during the last quarter. JGP Wealth Management LLC lifted its stake in shares of Starbucks by 2.8% in the third quarter. JGP Wealth Management LLC now owns 10,714 shares of the coffee company’s stock valued at $1,007,000 after buying an additional 292 shares during the period. Finally, Moody National Bank Trust Division lifted its stake in Starbucks by 3.4% during the third quarter. Moody National Bank Trust Division now owns 23,341 shares of the coffee company’s stock worth $2,193,000 after purchasing an additional 771 shares during the period. Institutional investors own 72.29% of the company’s stock.

About Starbucks

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.