Danske Bank A S Acquires 48,706 Shares of Starbucks Corporation $SBUX

Key Points

• Danske Bank A/S increased its stake in Starbucks by 9.3% in Q4, buying 48,706 shares to own 573,419 shares valued at about $48.29 million (roughly 0.05% of the company).
• Q2 beat-and-raise: Starbucks reported EPS of $0.50 (vs. $0.44 est.) and $9.53 billion in revenue (up 8.8%), raised FY26 guidance to $2.250–$2.450, and credited its ~$500M "Back to Starbucks" program for lifting traffic and loyalty.
• Risk and market view: Margin pressure from higher labor and store-investment costs and a rich PE (~80) create downside risk despite analyst optimism—consensus is a "Moderate Buy" with an average target of $106.93—and the company pays a $0.62 quarterly dividend (2.3% yield).

Danske Bank A S increased its holdings in Starbucks Corporation (NASDAQ:SBUX - Free Report) by 9.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 573,419 shares of the coffee company's stock after purchasing an additional 48,706 shares during the period. Danske Bank A S owned approximately 0.05% of Starbucks worth $48,288,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SBUX. Nordea Investment Management AB increased its holdings in shares of Starbucks by 3.2% in the third quarter. Nordea Investment Management AB now owns 433,112 shares of the coffee company's stock worth $36,576,000 after buying an additional 13,262 shares during the period. Providence Capital Advisors LLC bought a new position in Starbucks during the 3rd quarter worth approximately $6,099,000. Asset Management One Co. Ltd. grew its position in Starbucks by 3.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 548,768 shares of the coffee company's stock worth $46,426,000 after acquiring an additional 16,428 shares during the last quarter. Allstate Corp purchased a new position in Starbucks in the 3rd quarter worth approximately $3,491,000. Finally, Vanguard Group Inc. lifted its position in Starbucks by 0.5% in the third quarter. Vanguard Group Inc. now owns 113,438,902 shares of the coffee company's stock valued at $9,596,931,000 after purchasing an additional 577,279 shares during the last quarter. Institutional investors own 72.29% of the company's stock.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Q2 beat-and-raise: Starbucks reported stronger-than-expected revenue and EPS and lifted FY26 guidance, with comps recovering — the primary catalyst for the rally. Starbucks Stock Gains as Q2 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: High-profile endorsement: Jim Cramer and other commentators praised the quarter and improving margins, helping investor confidence in a durable turnaround. Jim Cramer Explains Why Improving Margins Will Make Starbucks Stock Cheap
• Positive Sentiment: “Back to Starbucks” investment showing results: the ~$500M program to simplify service, add staff and speed orders is credited with lifting traffic and loyalty engagement. Starbucks Invested $500 Million in a Turnaround and Now Wall Street Is Drinking Up SBUX Stock
• Neutral Sentiment: Execution improvements (shorter lines, faster pours, rewards tweaks) support growth but need sustained roll-out to lift margins meaningfully. Starbucks speeds up wait times with 4-minute lines...
• Neutral Sentiment: Corporate moves (new Nashville hub, footprint/office shifts) are strategic but not material to near-term top-line momentum. Starbucks is heading to Nashville — and it's part of a bigger fast-food migration south
• Neutral Sentiment: Insider sale disclosed (EVP sold shares under a pre-arranged 10b5-1 plan) — notable but executed under a trading plan, so not an immediate red flag. Sara Kelly Sells 2,000 Shares of Starbucks NASDAQ: SBUX Stock
• Negative Sentiment: Margin pressure remains: higher labor and store-investment costs are constraining profit recovery, so the market will watch operating-margin trends closely. Starbucks customers are coming back. Profits haven't caught up yet.
• Negative Sentiment: Valuation questions after strong run: some analysts warn the stock's rapid gain may have priced in much of the turnaround, raising downside risk if margins lag. Has Starbucks (SBUX) Run Too Far After Its 32% One Year Share Price Gain?

Analysts Set New Price Targets

SBUX has been the topic of several recent analyst reports. Jefferies Financial Group upgraded shares of Starbucks from an "underperform" rating to a "hold" rating in a report on Tuesday. Tigress Financial assumed coverage on shares of Starbucks in a report on Wednesday, April 15th. They set a "buy" rating and a $122.00 price target for the company. UBS Group reissued a "neutral" rating and set a $105.00 price target (up from $100.00) on shares of Starbucks in a research report on Wednesday. BNP Paribas Exane boosted their price objective on shares of Starbucks from $84.00 to $87.00 and gave the company an "underperform" rating in a research report on Wednesday. Finally, Citigroup upped their price objective on shares of Starbucks from $99.00 to $101.00 and gave the company a "neutral" rating in a research note on Wednesday. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $106.93.

Starbucks Trading Up 0.5%

Shares of NASDAQ SBUX opened at $105.90 on Friday. The firm has a fifty day simple moving average of $96.53 and a two-hundred day simple moving average of $90.95. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $107.52. The firm has a market capitalization of $120.65 billion, a PE ratio of 80.23, a price-to-earnings-growth ratio of 2.15 and a beta of 1.02.

Starbucks (NASDAQ:SBUX - Get Free Report) last announced its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.06. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same quarter in the previous year, the firm posted $0.41 EPS. The company's revenue for the quarter was up 8.8% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, sell-side analysts predict that Starbucks Corporation will post 2.4 earnings per share for the current year.

Starbucks Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, May 15th. Starbucks's payout ratio is presently 187.88%.

Insider Buying and Selling

In related news, CEO Brady Brewer sold 1,641 shares of Starbucks stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $159,373.92. Following the sale, the chief executive officer directly owned 86,605 shares in the company, valued at $8,411,077.60. The trade was a 1.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Sara Kelly sold 2,500 shares of the company's stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total value of $242,800.00. Following the completion of the sale, the executive vice president directly owned 59,609 shares in the company, valued at approximately $5,789,226.08. The trade was a 4.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 8,958 shares of company stock worth $877,464 in the last quarter. Company insiders own 0.03% of the company's stock.

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.

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