Sanctuary Advisors LLC Raises Stake in Starbucks Corporation $SBUX

Sanctuary Advisors LLC increased its position in Starbucks Corporation (NASDAQ:SBUX) by 9.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 216,020 shares of the coffee company’s stock after acquiring an additional 18,353 shares during the period. Sanctuary Advisors LLC’s holdings in Starbucks were worth $19,353,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Rachor Investment Advisory Services LLC acquired a new position in Starbucks in the 4th quarter valued at $25,000. Cornerstone Financial Management LLC acquired a new stake in shares of Starbucks during the fourth quarter worth $25,000. Phillip James Consulting Co. purchased a new stake in shares of Starbucks in the fourth quarter valued at $25,000. Entrust Financial LLC purchased a new stake in shares of Starbucks in the fourth quarter valued at $26,000. Finally, Kelleher Financial Advisors acquired a new position in Starbucks in the third quarter valued at $27,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on SBUX. Citizens Jmp began coverage on Starbucks in a research report on Monday, March 30th. They set an “underperform” rating and a $84.00 target price on the stock. TD Cowen upgraded Starbucks from a “hold” rating to a “buy” rating and lifted their price target for the company from $106.00 to $120.00 in a report on Thursday, May 14th. Scotiabank downgraded shares of Starbucks from a “market perform” rating to an “underperform” rating in a research note on Thursday, May 14th. DA Davidson increased their price objective on shares of Starbucks from $97.00 to $102.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Finally, Wedbush initiated coverage on shares of Starbucks in a research report on Thursday, May 14th. They issued an “outperform” rating on the stock. Nineteen equities 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. Based on data from MarketBeat.com, Starbucks currently has a consensus rating of “Moderate Buy” and an average price target of $109.23.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks announced it will report Q3 fiscal 2026 results on July 29, with a webcasted conference call to follow, keeping investors focused on a potentially important catalyst for the stock. Starbucks Announces Q3 Fiscal Year 2026 Results Conference Call
• Positive Sentiment: Analysts are expecting double-digit earnings growth when Starbucks reports, which could support the bull case if management delivers on margins and turnaround progress. Earnings Preview: What To Expect From Starbucks’ Report
• Positive Sentiment: Starbucks’ Channel Development segment grew 39% year over year in Q2, showing that packaged coffee and ready-to-drink products could become a meaningful additional revenue driver. Can Starbucks’ 39% Channel Development Growth Add a New Revenue Lever?
• Positive Sentiment: Starbucks is rolling out worker bonuses, weekly pay, and expanded tipping, which may improve labor relations and store execution if the changes help retention and service quality. Starbucks (SBUX) Introduces Worker Bonuses And Weekly Pay In Frontline Overhaul
• Neutral Sentiment: Several market commentary pieces argue Starbucks may be fully valued or trading at a premium, which can limit upside even if the turnaround continues. Is Starbucks (SBUX) Overvalued Even With Its AI Cost Cuts?
• Neutral Sentiment: Other articles note the stock has already had a strong year-to-date run and is being compared unfavorably on valuation versus peers, reinforcing a wait-and-see tone ahead of earnings. Starbucks Corp. stock outperforms competitors despite losses on the day
• Neutral Sentiment: Stock commentary from Jim Cramer and other market-watch pieces adds visibility but does not appear to bring a major new fundamental catalyst. Jim Cramer Shares Why Starbucks Corporation (SBUX) Went “Nuts”

Insider Activity

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of the business’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $105.00, for a total transaction of $210,000.00. Following the transaction, the executive vice president owned 57,653 shares in the company, valued at $6,053,565. The trade was a 3.35% decrease in their ownership of the stock. The sale 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. Also, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $104.00, for a total value of $231,816.00. Following the completion of the sale, the chief executive officer directly owned 77,364 shares of the company’s stock, valued at $8,045,856. The trade was a 2.80% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 9,275 shares of company stock worth $947,833 over the last three months. 0.03% of the stock is currently owned by corporate insiders.

Starbucks Stock Down 1.0%

Shares of SBUX stock opened at $105.11 on Thursday. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $108.88. The firm’s 50 day moving average price is $102.47 and its two-hundred day moving average price is $97.61. The stock has a market cap of $119.79 billion, a price-to-earnings ratio of 79.63, a price-to-earnings-growth ratio of 2.11 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, topping the consensus estimate of $0.44 by $0.06. The company had revenue of $9.53 billion during the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.41 earnings per share. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities analysts forecast that Starbucks Corporation will post 2.4 EPS for the current fiscal year.

Starbucks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, August 14th. Starbucks’s dividend payout ratio is currently 187.88%.

About Starbucks

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.