7,826 Starbucks Corporation $SBUX Shares Purchased by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC raised its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 28.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 35,163 shares of the coffee company’s stock after acquiring an additional 7,826 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Starbucks were worth $3,304,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. purchased a new stake in shares of Starbucks during the second quarter worth approximately $25,000. Black Cypress Capital Management LLC acquired a new stake in shares of Starbucks during the second quarter worth $27,000. Financial Freedom LLC lifted its holdings in shares of Starbucks by 296.2% during the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock worth $28,000 after purchasing an additional 234 shares during the period. Bangor Savings Bank grew its position in Starbucks by 207.5% in the 2nd quarter. Bangor Savings Bank now owns 326 shares of the coffee company’s stock valued at $33,000 after buying an additional 220 shares during the last quarter. Finally, Allied Private Wealth LLC purchased a new position in Starbucks in the 2nd quarter valued at $35,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on SBUX. JPMorgan Chase & Co. cut their price objective on shares of Starbucks from $112.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, September 29th. Rothschild & Co Redburn lifted their target price on shares of Starbucks from $81.00 to $82.00 and gave the company a “sell” rating in a report on Wednesday, September 30th. Needham & Company LLC set a $120.00 target price on shares of Starbucks in a report on Tuesday, August 18th. Guggenheim started coverage on shares of Starbucks in a research note on Monday, August 3rd. They set a “buy” rating on the stock. Finally, Compass Point started coverage on shares of Starbucks in a research note on Monday, August 3rd. They set a “buy” rating on the stock. Twenty-four analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, Starbucks currently has a consensus rating of “Moderate Buy” and an average target price of $110.43.

Insider Buying and Selling at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $105.60, for a total transaction of $235,382.40. Following the transaction, the chief executive officer directly owned 73,149 shares of the company’s stock, valued at $7,724,534.40. This represents a 2.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 6,099 shares of company stock worth $627,135. Corporate insiders own 0.03% of the company’s stock.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts expect a quarterly beat: UBS projects North American comparable-store sales growth of 7.5% and EPS of $0.77–$0.82, above consensus estimates of 6.7% and $0.72. Investors are watching whether the “Back to Starbucks” turnaround can sustain recent U.S. momentum. Starbucks expected to build on US sales momentum as investors eye 2027 outlook
• Positive Sentiment: Cost savings and technology investments could support margins: Starbucks plans a fiscal 2027 technology overhaul focused on store efficiency and labor productivity while advancing its $2 billion cost-savings program. The initiatives could improve profitability if implemented successfully. Starbucks Eyes FY27 Tech Overhaul
• Positive Sentiment: Shareholder returns remain supportive: Starbucks recently raised its quarterly dividend to $0.63 per share, adding to the investment case as management pursues its turnaround and cost-reduction plans. Learn Why the Bull Case for Starbucks Could Change Following Fourth Quarter Results
• Neutral Sentiment: Wells Fargo lowered its price target: The firm reduced its target from $125 to $120 but maintained an “overweight” rating, implying continued confidence in the long-term recovery despite more cautious valuation assumptions. Wells Fargo lowers Starbucks price target
• Neutral Sentiment: Chipotle takeover speculation is fading: Reports that Starbucks explored acquiring Chipotle have been denied or appear unlikely to proceed. Removing the prospect of a potentially complex deal reduces near-term execution and financial risks, but also eliminates a possible growth catalyst. Can Chipotle Win for Long-Term Investors Without Starbucks?
• Negative Sentiment: Sales-slowdown and valuation risks remain: Commentary highlights that Starbucks must prove its sales recovery is durable as promotional and turnaround benefits fade. With a relatively high earnings multiple, any weaker-than-expected fourth-quarter results or fiscal 2027 outlook could pressure the stock. Could Starbucks Stock Survive a Sales Slowdown?

Starbucks Price Performance

Starbucks stock opened at $99.08 on Thursday. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $110.51. The company has a market cap of $112.95 billion, a PE ratio of 56.94, a price-to-earnings-growth ratio of 1.43 and a beta of 0.98. The stock’s 50 day moving average price is $99.71 and its 200 day moving average price is $101.30.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.19. The firm had revenue of $9.32 billion during the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%. Starbucks’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, equities research analysts anticipate that Starbucks Corporation will post 2.60 EPS for the current fiscal year.

Starbucks Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.63 per share. This is a boost from Starbucks’s previous quarterly dividend of $0.62. 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 2.5%. Starbucks’s dividend payout ratio is currently 142.53%.

Starbucks Company Profile

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.