Trillium Asset Management LLC Cuts Stake in Starbucks Corporation $SBUX

Trillium Asset Management LLC lowered its stake in Starbucks Corporation (NASDAQ:SBUX) by 5.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 174,281 shares of the coffee company’s stock after selling 10,146 shares during the quarter. Trillium Asset Management LLC’s holdings in Starbucks were worth $14,769,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SBUX. Norges Bank bought a new stake in Starbucks in the fourth quarter valued at approximately $1,232,650,000. Capital Research Global Investors lifted its position in Starbucks by 11.4% in the third quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock valued at $7,229,968,000 after purchasing an additional 8,774,198 shares during the last quarter. Capital World Investors lifted its position in Starbucks by 9.0% in the fourth quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after purchasing an additional 7,007,268 shares during the last quarter. Corient Private Wealth LLC lifted its position in Starbucks by 146.6% in the second quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock valued at $553,201,000 after purchasing an additional 3,596,014 shares during the last quarter. Finally, Capital International Investors lifted its position in Starbucks by 22.5% in the third quarter. Capital International Investors now owns 14,691,772 shares of the coffee company’s stock valued at $1,243,104,000 after purchasing an additional 2,699,479 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Starbucks Trading Up 0.7%

SBUX opened at $103.04 on Friday. The stock has a fifty day simple moving average of $100.27 and a two-hundred day simple moving average of $94.64. The company has a market cap of $117.43 billion, a price-to-earnings ratio of 78.06, a price-to-earnings-growth ratio of 2.02 and a beta of 0.98. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $108.88.

Starbucks (NASDAQ:SBUX) last released its earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.06. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The firm had revenue of $9.53 billion for the quarter, compared to analysts’ expectations of $9.17 billion. During the same period in the prior year, the firm posted $0.41 earnings per share. The company’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, analysts predict that Starbucks Corporation will post 2.42 EPS for the current year.

Starbucks Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, May 15th. Starbucks’s dividend payout ratio is currently 187.88%.

Insiders Place Their Bets

In other news, CEO Brady Brewer sold 1,641 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $94.33, for a total value of $154,795.53. Following the sale, the chief executive officer directly owned 80,181 shares of the company’s stock, valued at approximately $7,563,473.73. This represents a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the stock in a transaction on Wednesday, April 29th. The stock was 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 in the company, valued at approximately $6,053,565. This represents a 3.35% 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. Over the last three months, insiders sold 8,099 shares of company stock worth $804,907. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on SBUX shares. BNP Paribas Exane started coverage on Starbucks in a research report on Thursday, May 14th. They issued an “underperform” rating for the company. Robert W. Baird boosted their price objective on Starbucks from $112.00 to $117.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Wolfe Research started coverage on Starbucks in a research report on Monday, March 9th. They issued a “peer perform” rating for the company. Citizens Jmp started coverage on Starbucks in a research report on Monday, March 30th. They issued an “underperform” rating and a $84.00 price objective for the company. Finally, JPMorgan Chase & Co. boosted their price objective on Starbucks from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Starbucks has a consensus rating of “Moderate Buy” and an average target price of $107.93.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Reports say Tata Starbucks plans to add as many as 100 stores per year in India, signaling continued international expansion and another avenue for long-term unit growth. Tata Starbucks to add up to 100 stores annually in India – report
• Positive Sentiment: Starbucks is reportedly evaluating sale and IPO options for its Japan operations, which could unlock value, simplify the business, and provide capital for other priorities. Starbucks Evaluates Sale and IPO Options for Japanese Operations (SBUX)
• Positive Sentiment: Investor and trader interest appears to be rising, with unusual call-option activity and multiple “trending stock” articles suggesting renewed bullish attention on SBUX. Is Trending Stock Starbucks Corporation (SBUX) a Buy Now?
• Neutral Sentiment: Several articles are analyst-style commentary asking whether Starbucks is a good buy now; these reinforce attention on the name but do not add new fundamental information. Is Starbucks Corporation (SBUX) A Good Stock To Buy Now?
• Neutral Sentiment: The Bearista cup promotion tied to the World Cup may help merchandise buzz and traffic, but it is a smaller, less material catalyst than the Japan and India expansion news. The Bearista Cup Returns for the World Cup, Starbucks Stock (NASDAQ:SBUX) Gains

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.