Farther Finance Advisors LLC Acquires 7,992 Shares of Starbucks Corporation $SBUX

Farther Finance Advisors LLC raised its holdings in shares of Starbucks Corporation (NASDAQ:SBUXFree Report) by 17.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,176 shares of the coffee company’s stock after acquiring an additional 7,992 shares during the quarter. Farther Finance Advisors LLC’s holdings in Starbucks were worth $4,562,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Silver Oak Securities Incorporated grew its stake in shares of Starbucks by 2.4% in the third quarter. Silver Oak Securities Incorporated now owns 5,288 shares of the coffee company’s stock valued at $447,000 after buying an additional 122 shares in the last quarter. Wynn Capital LLC raised its position in Starbucks by 1.0% during the fourth quarter. Wynn Capital LLC now owns 11,895 shares of the coffee company’s stock worth $1,002,000 after acquiring an additional 122 shares in the last quarter. Winch Advisory Services LLC raised its position in Starbucks by 1.1% during the third quarter. Winch Advisory Services LLC now owns 11,004 shares of the coffee company’s stock worth $931,000 after acquiring an additional 123 shares in the last quarter. Pioneer Trust Bank N A OR raised its position in Starbucks by 1.1% during the third quarter. Pioneer Trust Bank N A OR now owns 11,437 shares of the coffee company’s stock worth $968,000 after acquiring an additional 125 shares in the last quarter. Finally, CVA Family Office LLC raised its position in Starbucks by 3.1% during the fourth quarter. CVA Family Office LLC now owns 4,223 shares of the coffee company’s stock worth $356,000 after acquiring an additional 126 shares in the last quarter. 72.29% of the stock is owned by institutional investors.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

Wall Street Analysts Forecast Growth

SBUX has been the topic of several analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Starbucks in a research report on Monday, December 29th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Starbucks in a research report on Wednesday, March 4th. Tigress Financial initiated coverage on shares of Starbucks in a research report on Wednesday. They set a “buy” rating and a $122.00 price target on the stock. Citigroup reaffirmed a “neutral” rating and set a $99.00 price target (up from $92.00) on shares of Starbucks in a research report on Tuesday. Finally, DA Davidson initiated coverage on shares of Starbucks in a research report on Friday, March 6th. They set a “neutral” rating and a $97.00 price target on the stock. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Starbucks has a consensus rating of “Moderate Buy” and an average price target of $104.57.

Check Out Our Latest Research Report on Starbucks

Insiders Place Their Bets

In other Starbucks news, EVP Sara Kelly sold 2,500 shares of Starbucks stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $242,800.00. Following the completion of the transaction, the executive vice president directly owned 59,609 shares of the company’s stock, valued at $5,789,226.08. The trade was a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Brady Brewer sold 1,641 shares of Starbucks stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $159,373.92. Following the transaction, the chief executive officer directly owned 86,605 shares of the company’s stock, valued at approximately $8,411,077.60. This trade represents a 1.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 6,370 shares of company stock valued at $608,664. Company insiders own 0.03% of the company’s stock.

Starbucks Price Performance

SBUX stock opened at $100.00 on Friday. The company has a fifty day moving average price of $95.86 and a two-hundred day moving average price of $89.86. Starbucks Corporation has a one year low of $75.50 and a one year high of $104.82. The stock has a market cap of $113.93 billion, a price-to-earnings ratio of 82.64, a price-to-earnings-growth ratio of 2.19 and a beta of 0.95.

Starbucks (NASDAQ:SBUXGet Free Report) last released its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The company had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same period last year, the firm earned $0.69 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Research analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

Starbucks Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Friday, May 15th. Starbucks’s payout ratio is 204.96%.

Starbucks Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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