Van Diest Capital LLC Has $975,000 Position in Starbucks Corporation $SBUX

Van Diest Capital LLC boosted its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 139.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 10,886 shares of the coffee company’s stock after acquiring an additional 6,340 shares during the period. Van Diest Capital LLC’s holdings in Starbucks were worth $975,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SBUX. Beta Wealth Group Inc. raised its position in shares of Starbucks by 1.7% in the 1st quarter. Beta Wealth Group Inc. now owns 6,114 shares of the coffee company’s stock valued at $548,000 after acquiring an additional 103 shares during the period. NWF Advisory Services Inc. increased its stake in Starbucks by 2.6% in the fourth quarter. NWF Advisory Services Inc. now owns 4,349 shares of the coffee company’s stock valued at $366,000 after purchasing an additional 109 shares in the last quarter. Godshalk Welsh Capital Management Inc. raised its holdings in Starbucks by 0.8% in the first quarter. Godshalk Welsh Capital Management Inc. now owns 13,610 shares of the coffee company’s stock worth $1,219,000 after purchasing an additional 110 shares during the period. Aerodigm Wealth LLC grew its holdings in shares of Starbucks by 2.7% in the 4th quarter. Aerodigm Wealth LLC now owns 4,245 shares of the coffee company’s stock valued at $357,000 after buying an additional 112 shares during the period. Finally, River Street Advisors LLC increased its position in shares of Starbucks by 0.8% in the 4th quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company’s stock valued at $1,138,000 after buying an additional 113 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Starbucks Stock Performance

NASDAQ SBUX opened at $103.25 on Friday. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $109.23. The stock’s 50 day moving average price is $102.32 and its two-hundred day moving average price is $98.51. The stock has a market capitalization of $117.67 billion, a price-to-earnings ratio of 78.22, a PEG ratio of 2.05 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, topping 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 last year, the business earned $0.41 EPS. The business’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 research analysts forecast that Starbucks Corporation will post 2.41 EPS for the current year.

Starbucks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a $0.62 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a yield of 2.4%. Starbucks’s dividend payout ratio (DPR) is 187.88%.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: UBS said Starbucks is likely to report continued sales momentum in fiscal Q3, pointing to progress in its turnaround efforts and stronger near-term demand trends. Starbucks Sales Momentum Likely Continued in Fiscal Q3, UBS Says
• Positive Sentiment: UBS also said Starbucks’ turnaround strategy could drive U.S. comparable sales above consensus expectations, which supports the bullish case ahead of earnings. Starbucks’ Turnaround Strategy Could Drive US Comparable Sale Upside, UBS Says
• Positive Sentiment: Multiple pre-earnings previews note improving traffic, loyalty momentum, and product innovation, reinforcing expectations that Starbucks may be stabilizing operations. Starbucks Q3 Earnings Ahead: Buy, Sell or Hold the Stock?
• Neutral Sentiment: Wall Street outlook pieces are highlighting upcoming Q3 estimates and key operating metrics, suggesting investors are waiting for the actual earnings report for confirmation. Unveiling Starbucks (SBUX) Q3 Outlook: Wall Street Estimates for Key Metrics
• Neutral Sentiment: Broader consumer stocks were stronger late Friday, providing a supportive sector backdrop for Starbucks rather than a company-specific catalyst. Sector Update: Consumer Stocks Rise Late Afternoon
• Positive Sentiment: Recent coverage says Starbucks is outperforming the Nasdaq-100 this year, reflecting renewed investor optimism around the stock’s recovery story. Starbucks Is on Track to Beat the Nasdaq-100 for the First Time Since 2022. Is There More Room to Run?

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SBUX. JPMorgan Chase & Co. increased their target price on Starbucks from $95.00 to $100.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Jefferies Financial Group began coverage on shares of Starbucks in a report on Thursday, May 14th. They issued a “buy” rating for the company. Robert W. Baird increased their price objective on shares of Starbucks from $112.00 to $117.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Stifel Nicolaus set a $117.00 price objective on shares of Starbucks and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $110.00 price objective on shares of Starbucks in a research report on Wednesday, April 29th. Nineteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $109.42.

Insider Buying and Selling at Starbucks

In other Starbucks news, EVP Sara Kelly sold 2,000 shares of Starbucks stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $105.00, for a total value of $210,000.00. Following the sale, the executive vice president directly owned 57,653 shares in the company, valued at approximately $6,053,565. The trade was a 3.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the business’s 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 sale, the chief executive officer directly owned 77,364 shares in the company, valued at $8,045,856. This trade represents a 2.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,687 shares of company stock worth $889,033 over the last quarter. Company insiders own 0.03% of the company’s stock.

Starbucks Company 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.