Belpointe Asset Management LLC Acquires 7,979 Shares of Starbucks Corporation $SBUX

Belpointe Asset Management LLC lifted its stake in Starbucks Corporation (NASDAQ:SBUX) by 104.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,650 shares of the coffee company’s stock after buying an additional 7,979 shares during the period. Belpointe Asset Management LLC’s holdings in Starbucks were worth $1,318,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. River Street Advisors LLC lifted its holdings in Starbucks by 0.8% during the 4th quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company’s stock worth $1,138,000 after buying an additional 113 shares in the last quarter. Silver Oak Securities Incorporated raised its position in shares of Starbucks by 2.4% in the 3rd quarter. Silver Oak Securities Incorporated now owns 5,288 shares of the coffee company’s stock valued at $447,000 after acquiring an additional 122 shares during the period. Wynn Capital LLC raised its stake in Starbucks by 1.0% during the 4th quarter. Wynn Capital LLC now owns 11,895 shares of the coffee company’s stock worth $1,002,000 after buying an additional 122 shares during the period. Winch Advisory Services LLC raised its stake in Starbucks by 1.1% during the 3rd quarter. Winch Advisory Services LLC now owns 11,004 shares of the coffee company’s stock worth $931,000 after buying an additional 123 shares during the period. Finally, Pioneer Trust Bank N A OR raised its holdings in shares of 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 during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Wells Fargo & Company set a $110.00 price objective on shares of Starbucks in a report on Wednesday, January 28th. BNP Paribas Exane upgraded Starbucks to a “strong sell” rating in a research note on Monday, March 30th. Citigroup reiterated a “neutral” rating and set a $99.00 price objective (up from $92.00) on shares of Starbucks in a research note on Tuesday, April 14th. UBS Group reissued a “neutral” rating on shares of Starbucks in a report on Friday, January 30th. Finally, Piper Sandler reissued an “overweight” rating and issued a $103.00 target price (up from $100.00) on shares of Starbucks in a research note on Friday, January 30th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $104.93.

Starbucks Stock Performance

Starbucks stock opened at $97.80 on Wednesday. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $104.82. The stock has a market capitalization of $111.42 billion, a P/E ratio of 80.83, a PEG ratio of 2.24 and a beta of 0.95. The stock has a 50-day simple moving average of $95.87 and a 200 day simple moving average of $90.10.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results 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 business had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter in the previous year, the business posted $0.69 EPS. The company’s revenue for the quarter was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Research analysts forecast that Starbucks Corporation will post 2.31 earnings per share for the current year.

Starbucks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a dividend of $0.62 per share. The ex-dividend date is Friday, May 15th. This represents a $2.48 dividend on an annualized basis and a yield of 2.5%. Starbucks’s dividend payout ratio (DPR) is presently 204.96%.

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 1,641 shares of the company’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $159,373.92. Following the transaction, the chief executive officer directly owned 86,605 shares in the company, valued at $8,411,077.60. The trade was a 1.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Sara Kelly sold 2,500 shares of the company’s 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 owned 59,609 shares in the company, valued at approximately $5,789,226.08. This represents a 4.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,958 shares of company stock valued at $667,464 in the last quarter. 0.03% of the stock is currently owned by corporate insiders.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Keurig Dr Pepper and Nestlé are expanding distribution of Starbucks-branded K-Cup pods across the U.S. and Canada, which should broaden retail reach and add steady package‑goods revenue. Keurig, Nestlé extend Starbucks K-Cup deal
• Positive Sentiment: Starbucks will invest $100M to open a Southeast corporate/support office in Nashville, expected to create ~2,000 jobs over five years — a long‑term operational investment that supports U.S. growth and regional support capabilities. Starbucks to invest $100 million in Nashville
• Positive Sentiment: UBS and other commentators are projecting a possible North American comparable‑sales beat and Q2 upside driven by improving U.S. trends, which could support a stronger reported quarter. Starbucks Likely to Deliver North American Comparable Sales Beat, UBS Says
• Positive Sentiment: Stifel raised its price target to $115 and maintains a Buy, signaling some analyst conviction about upside from current levels. Stifel raises SBUX price target
• Neutral Sentiment: CEO Brady Brewer sold 588 shares under a pre‑arranged Rule 10b5‑1 plan — a small (0.7%) reduction in his position and disclosed to the SEC; such planned sales are typically benign. SEC Form 4 disclosure
• Neutral Sentiment: Analysts’ consensus remains around a “moderate buy,” indicating mixed but generally constructive expectations ahead of earnings. Analyst consensus: Moderate Buy
• Negative Sentiment: Starbucks is cutting tech roles as the new CTO reorganizes the technology team — the move could mean near‑term charges and execution risk as systems and initiatives are reshaped. Starbucks cuts tech jobs
• Negative Sentiment: Shares have been pressured as investors await April 28 Q2 results; short‑term sentiment is cautious and volatility may rise around the print. Stock dips ahead of Q2 earnings
• Negative Sentiment: Recent reported quarter missed EPS expectations and Starbucks still shows a high trailing valuation (PE) and weak return on equity metrics, which keep investor expectations elevated and the stock sensitive to execution misses.

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.