D.A. Davidson & CO. Sells 12,526 Shares of Starbucks Corporation $SBUX

D.A. Davidson & CO. cut its holdings in Starbucks Corporation (NASDAQ:SBUX - Free Report) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 182,044 shares of the coffee company's stock after selling 12,526 shares during the period. D.A. Davidson & CO.'s holdings in Starbucks were worth $15,330,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SBUX. Collier Financial bought a new position in Starbucks in the third quarter worth approximately $25,000. Y.D. More Investments Ltd purchased a new stake in Starbucks in the third quarter worth about $26,000. JPL Wealth Management LLC purchased a new stake in Starbucks in the third quarter worth about $27,000. Kelleher Financial Advisors purchased a new stake in Starbucks in the third quarter worth about $27,000. Finally, Saranac Partners Ltd purchased a new stake in Starbucks in the third quarter worth about $29,000. 72.29% of the stock is currently owned by institutional investors.

Starbucks Trading Down 0.8%

Shares of SBUX opened at $97.89 on Tuesday. The business's 50 day moving average is $96.11 and its 200 day moving average is $90.61. The company has a market capitalization of $111.53 billion, a PE ratio of 80.90, a price-to-earnings-growth ratio of 2.23 and a beta of 0.95. Starbucks Corporation has a 12-month low of $75.50 and a 12-month high of $104.82.

Starbucks (NASDAQ:SBUX - Get Free Report) last issued its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.03). The business had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the business posted $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Equities research analysts predict that Starbucks Corporation will post 2.31 earnings per share for the current year.

Starbucks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, May 15th. Starbucks's payout ratio is currently 204.96%.

Insiders Place Their Bets

In other Starbucks news, CEO Brady Brewer sold 588 shares of Starbucks stock in a transaction on Friday, April 17th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the sale, the chief executive officer directly owned 83,788 shares in the company, valued at approximately $8,378,800. The trade was a 0.70% decrease in their position. The sale 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 2,500 shares of Starbucks stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $242,800.00. Following the completion of the sale, the executive vice president owned 59,609 shares in the company, valued at approximately $5,789,226.08. This represents a 4.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 6,958 shares of company stock worth $667,464. 0.03% of the stock is currently owned by insiders.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analyst support: Evercore ISI reiterated a Buy on SBUX, underpinning institutional confidence in the turnaround thesis. Evercore ISI Remains a Buy on Starbucks (SBUX)
• Positive Sentiment: High-profile bullish commentary: Jim Cramer flagged SBUX as “ready to break out,” which can attract retail buying momentum if the company posts reassuring results. Jim Cramer on Starbucks: “I Think It’s Ready to Break Out”
• Positive Sentiment: Marketing & brand moves: Profile on the exec leading partnerships (MrBeast, Taylor Swift) highlights ongoing consumer engagement efforts that could help sales recovery. The Executive Who Made Starbucks BFFs With MrBeast and Taylor Swift
• Positive Sentiment: Strategic shift: Starbucks announced a $100M Nashville hub and emphasized loyalty-program changes aimed at U.S. growth, which investors view as a structural positive if execution holds. Starbucks Nashville Hub And Loyalty Program Shift U.S. Growth Focus
• Neutral Sentiment: Earnings event risk: Starbucks reports Q2 after the bell tomorrow; previews and watchlists are pushing the story to the top of investors’ calendars. Expect big headline movement on topline comps, guidance, and margin comments. Earnings To Watch: Starbucks (SBUX) Reports Q1 Results Tomorrow
• Neutral Sentiment: Volatility ahead: Options traders are pricing an expected single-day move near ~7%, flagging elevated risk/reward around the print. Starbucks Is About to Report Q2 Earnings. Options Traders Expect 6.94% Move in SBUX Stock
• Negative Sentiment: Execution & labor friction: Reports that some employees are resisting the Seattle-to-Nashville move highlight potential talent, morale and transition costs that could weigh on near-term execution. Some Starbucks employees are resisting making Seattle-to-Nashville move, report says

Analysts Set New Price Targets

A number of analysts have commented on the company. UBS Group restated a "neutral" rating on shares of Starbucks in a research report on Friday, January 30th. Zacks Research upgraded Starbucks from a "strong sell" rating to a "hold" rating in a research report on Tuesday, January 27th. Piper Sandler restated an "overweight" rating and issued a $103.00 price target (up from $100.00) on shares of Starbucks in a research report on Friday, January 30th. Citizens Jmp began coverage on shares of Starbucks in a research note on Monday, March 30th. They issued an "underperform" rating and a $84.00 price objective for the company. Finally, Mizuho increased their price objective on shares of Starbucks from $86.00 to $95.00 and gave the stock a "neutral" rating in a research note on Monday, January 26th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $104.75.

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.

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