Oddo BHF Asset Management Sas Invests $14.32 Million in Starbucks Corporation $SBUX

Oddo BHF Asset Management Sas acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 159,858 shares of the coffee company’s stock, valued at approximately $14,322,000.

Several other hedge funds also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC purchased a new stake in Starbucks in the 4th quarter worth $25,000. Phillip James Consulting Co. purchased a new position in shares of Starbucks in the fourth quarter valued at about $25,000. Cornerstone Financial Management LLC bought a new position in shares of Starbucks in the fourth quarter worth about $25,000. Entrust Financial LLC bought a new position in shares of Starbucks in the fourth quarter worth about $26,000. Finally, Financial Freedom LLC grew its position in shares of Starbucks by 296.2% during the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock worth $28,000 after purchasing an additional 234 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Robert W. Baird boosted their price target on Starbucks from $112.00 to $117.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. boosted their target price on shares of Starbucks from $95.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Jefferies Financial Group started coverage on shares of Starbucks in a research report on Thursday, May 14th. They set a “buy” rating for the company. Scotiabank downgraded shares of Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. Finally, Stifel Nicolaus set a $117.00 price objective on shares of Starbucks and gave the company a “buy” rating in a report on Wednesday, May 6th. Nineteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $109.42.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Global comparable-store sales rose 7.9%, driven primarily by a 4.2% increase in comparable transactions, indicating stronger customer traffic as well as improved spending per visit. Starbucks Reports Q3 Fiscal Year 2026 Results
• Positive Sentiment: Adjusted earnings reached $0.85 per share, exceeding consensus estimates near $0.65-$0.66, while revenue of approximately $9.32 billion also topped forecasts. Reported GAAP EPS was $0.91, up sharply from the prior year. Starbucks Q3 Earnings Surpass Estimates
• Positive Sentiment: Starbucks raised fiscal 2026 adjusted EPS guidance to $2.55-$2.65 from $2.25-$2.45 and set a 6% global comparable-sales growth target. The outlook is above the roughly $2.39 analyst consensus. Starbucks Raises Its Full-Year Guidance
• Positive Sentiment: North American revenue increased 7% to $7.4 billion, while international margins improved, reinforcing expectations that operational improvements can support earnings growth. Starbucks Q3 Comparable Sales Rise 7.9%

Starbucks Price Performance

Shares of SBUX stock opened at $104.14 on Thursday. The company has a market cap of $118.69 billion, a PE ratio of 78.89, a price-to-earnings-growth ratio of 2.05 and a beta of 0.98. The stock’s 50 day simple moving average is $102.15 and its two-hundred day simple moving average is $98.92. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $109.23.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.66 by $0.19. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The company had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same period in the previous year, the firm earned $0.50 earnings per share. Starbucks’s quarterly revenue was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Equities research analysts expect that Starbucks Corporation will post 2.41 EPS for the current year.

Starbucks Announces Dividend

The company 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 dividend of $0.62 per share. 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 presently 187.88%.

Insider Buying and Selling

In related news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $104.00, for a total value of $231,816.00. Following the sale, the chief executive officer directly owned 77,364 shares of the company’s stock, valued at $8,045,856. This represents a 2.80% decrease in their position. The transaction 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. In the last 90 days, insiders have sold 6,687 shares of company stock worth $679,033. Corporate 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.