ABN Amro Investment Solutions Buys 9,113 Shares of Starbucks Corporation $SBUX

ABN Amro Investment Solutions boosted its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 16.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 65,848 shares of the coffee company’s stock after acquiring an additional 9,113 shares during the period. ABN Amro Investment Solutions’ holdings in Starbucks were worth $5,899,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Starbucks by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 114,410,675 shares of the coffee company’s stock valued at $9,634,523,000 after acquiring an additional 971,773 shares in the last quarter. Capital World Investors lifted its stake in Starbucks by 9.0% in the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock worth $7,135,228,000 after purchasing an additional 7,007,268 shares in the last quarter. State Street Corp lifted its stake in Starbucks by 0.7% in the 4th quarter. State Street Corp now owns 47,869,056 shares of the coffee company’s stock worth $4,031,053,000 after purchasing an additional 327,161 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Starbucks by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company’s stock valued at $2,212,153,000 after purchasing an additional 225,168 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. boosted its holdings in shares of Starbucks by 65.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock valued at $1,637,704,000 after purchasing an additional 7,725,547 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts and market commentary say Starbucks’ turnaround under Brian Niccol is showing signs of progress, with shares near a 52-week high even after a tough profit comparison last year. Investors seem focused on whether the company can keep improving customer traffic and operating performance ahead of the next major test on July 29. Brian Niccol’s Starbucks Turnaround Is Quietly Working — Even With Profit Cut in Half. The July 29 Test Comes Next.
• Positive Sentiment: Another report said Starbucks raised its fiscal 2026 outlook, citing traffic gains, margin recovery, and cost savings. That supports the view that the company’s operational turnaround is gaining traction and could improve earnings expectations. Can Starbucks Turn Traffic Gains Into Sustainable Earnings Growth?
• Neutral Sentiment: Starbucks was also highlighted as a trending stock, reflecting elevated investor interest rather than a new fundamental catalyst. Starbucks Corporation (SBUX) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Coverage on Starbucks’ lobbying spending and its five-year stock performance did not appear to introduce a new business catalyst, but it did keep the company in the news as investors weigh whether the turnaround can close the long-term performance gap. Guess How Much Starbucks Spends on Lobbying. Starbucks Stock (NASDAQ:SBUX) Gains Starbucks’ Stock Down 17% In Five Years
• Negative Sentiment: Zacks noted Starbucks may not have the right setup for an earnings beat in its upcoming report, which could temper enthusiasm if results disappoint expectations. Starbucks (SBUX) Earnings Expected to Grow: Should You Buy?

Starbucks Price Performance

Shares of SBUX opened at $103.98 on Thursday. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $109.23. The company has a 50-day moving average of $102.46 and a 200 day moving average of $98.34. The firm has a market capitalization of $118.51 billion, a price-to-earnings ratio of 78.77, a PEG ratio of 2.08 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings data 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. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The company had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same period in the previous year, the company earned $0.41 EPS. The firm’s quarterly revenue was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities analysts anticipate that Starbucks Corporation will post 2.41 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. Starbucks’s dividend payout ratio is presently 187.88%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on SBUX shares. JPMorgan Chase & Co. lifted their target price on Starbucks from $95.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Jefferies Financial Group assumed coverage on shares of Starbucks in a research note on Thursday, May 14th. They set a “buy” rating on the stock. Robert W. Baird increased their price objective on shares of Starbucks from $112.00 to $117.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Wedbush assumed coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “outperform” rating for the company. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Starbucks in a report on Monday. Nineteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Starbucks currently has an average rating of “Moderate Buy” and a consensus target price of $109.42.

Insider Buying and Selling at Starbucks

In related news, EVP Sara Kelly sold 2,000 shares of the company’s stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total value of $210,000.00. Following the completion of the sale, the executive vice president directly owned 57,653 shares of the company’s stock, valued at $6,053,565. This represents a 3.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $104.00, for a total transaction of $231,816.00. Following the transaction, the chief executive officer owned 77,364 shares in the company, valued at approximately $8,045,856. The trade was a 2.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 8,687 shares of company stock worth $889,033. Insiders own 0.03% of the company’s stock.

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.