Hager Investment Management Services LLC Purchases 6,940 Shares of Starbucks Corporation $SBUX

Hager Investment Management Services LLC lifted its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 1,150.9% in the second quarter, HoldingsChannel.com reports. The firm owned 7,543 shares of the coffee company’s stock after purchasing an additional 6,940 shares during the period. Hager Investment Management Services LLC’s holdings in Starbucks were worth $771,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Rachor Investment Advisory Services LLC bought a new position in Starbucks during the 4th quarter valued at approximately $25,000. Cornerstone Financial Management LLC bought a new stake in shares of Starbucks in the 4th quarter worth approximately $25,000. Phillip James Consulting Co. bought a new stake in shares of Starbucks in the 4th quarter worth approximately $25,000. Entrust Financial LLC purchased a new position in shares of Starbucks during the fourth quarter valued at approximately $26,000. Finally, Tucker Asset Management LLC purchased a new position in shares of Starbucks during the fourth quarter valued at approximately $27,000. 72.29% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total value of $236,251.71. Following the completion of the transaction, the chief executive officer directly owned 75,135 shares in the company, valued at $7,963,558.65. This trade represents a 2.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 6,687 shares of company stock valued at $681,663. 0.03% of the stock is owned by company insiders.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Strong U.S. performance supports the rally. Starbucks reportedly delivered 8% U.S. comparable-store sales growth, while quarterly earnings and revenue exceeded analyst expectations. Analysts subsequently raised price targets as high as $130, reinforcing expectations that the company’s turnaround and operating initiatives are gaining traction. Starbucks (SBUX) Stock Reaches 52-Week Peak Following Strong Q3 Performance
• Positive Sentiment: Options activity signals bullish positioning. Investors purchased 40,915 SBUX call options, 59% above the average daily call volume of 25,712. Although options activity can include hedging, the elevated call buying suggests increased speculative interest in further gains.
• Positive Sentiment: Technical momentum remains favorable. Starbucks reached fresh 52-week highs, and chart analysts say the stock is approaching the upper end of a multiyear trading range, potentially creating room for a breakout if momentum continues. Starbucks is close to the top of its multiyear range
• Neutral Sentiment: Energy drinks offer a potential growth avenue. Starbucks is among restaurant chains expanding into energy drinks, which could broaden its beverage lineup and attract new occasions, but the financial impact is not yet clear. Why fast food chains are going all in on energy drinks
• Negative Sentiment: Starbucks Korea reported its first quarterly loss in 27 years. A marketing controversy led to a boycott, political criticism and a police raid, highlighting reputational and execution risks in an important international market. Starbucks Korea Suffers First Loss in 27 Years on PR Debacle

Analysts Set New Price Targets

A number of brokerages recently commented on SBUX. Jefferies Financial Group started coverage on Starbucks in a research note on Thursday, May 14th. They issued a “buy” rating for the company. Royal Bank Of Canada reissued a “sector perform” rating and set a $115.00 price objective (up from $110.00) on shares of Starbucks in a research report on Thursday, July 30th. Guggenheim started coverage on shares of Starbucks in a report on Monday, August 3rd. They issued a “buy” rating for the company. Wells Fargo & Company cut shares of Starbucks from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. Finally, BNP Paribas Exane lifted their target price on shares of Starbucks from $87.00 to $92.00 and gave the company an “underperform” rating in a research note on Thursday, July 30th. Nineteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $109.92.

Starbucks Stock Up 0.1%

SBUX opened at $108.55 on Friday. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51. The stock has a market cap of $123.75 billion, a PE ratio of 62.39, a PEG ratio of 1.87 and a beta of 0.97. The business has a 50 day moving average of $103.53 and a 200-day moving average of $99.91.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.19. The company had revenue of $9.32 billion for the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Equities analysts anticipate that Starbucks Corporation will post 2.64 EPS for the current year.

Starbucks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders 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 dividend yield of 2.3%. Starbucks’s dividend payout ratio is currently 142.53%.

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.