Nykredit A S Takes Position in Starbucks Corporation $SBUX

Nykredit A S purchased a new position in Starbucks Corporation (NASDAQ:SBUX - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 316,170 shares of the coffee company's stock, valued at approximately $32,309,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of Starbucks during the 2nd quarter valued at $8,504,509,000. Bank of America Corp DE acquired a new position in shares of Starbucks in the second quarter worth $1,581,287,000. Norges Bank acquired a new position in shares of Starbucks in the fourth quarter worth $1,232,650,000. T. Rowe Price Investment Management Inc. raised its holdings in shares of Starbucks by 65.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company's stock worth $1,637,704,000 after acquiring an additional 7,725,547 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Starbucks during the second quarter worth $779,790,000. 72.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of the firm's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total value of $236,251.71. Following the transaction, the chief executive officer directly owned 75,135 shares of the company's stock, valued at approximately $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 accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 5,046 shares of company stock valued at $526,868. 0.03% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

SBUX has been the subject of a number of research reports. Guggenheim assumed coverage on Starbucks in a research report on Monday, August 3rd. They set a "buy" rating for the company. Compass Point began coverage on Starbucks in a research note on Monday, August 3rd. They set a "buy" rating for the company. DA Davidson raised their price target on Starbucks from $102.00 to $110.00 and gave the stock a "neutral" rating in a research note on Thursday, July 30th. Evercore reiterated an "outperform" rating on shares of Starbucks in a report on Thursday, July 30th. Finally, UBS Group boosted their price target on Starbucks from $105.00 to $112.00 and gave the company a "neutral" rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $110.30.

Starbucks Trading Down 0.8%

SBUX stock opened at $105.82 on Friday. The firm has a market cap of $120.63 billion, a PE ratio of 60.82, a PEG ratio of 1.84 and a beta of 0.97. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51. The company has a fifty day simple moving average of $105.44 and a 200 day simple moving average of $101.06.

Starbucks (NASDAQ:SBUX - Get Free Report) last posted its earnings results 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 5.17% and a negative return on equity of 34.10%. The firm had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.17 billion. During the same period in the prior year, the business posted $0.50 earnings per share. The business's quarterly revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, analysts forecast that Starbucks Corporation will post 2.64 EPS for the current fiscal year.

Starbucks Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a dividend of $0.62 per share. The ex-dividend date of this dividend was 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%.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: A U.S. appeals court overturned a labor-board ruling involving Starbucks’ dress code at a Manhattan store, finding that restrictions on union-related shirts and pins did not violate workers’ rights. The decision could strengthen Starbucks’ position in its broader labor dispute and reduce potential legal and compliance risks. Reuters article
• Positive Sentiment: Recent coverage says Starbucks’ turnaround is gaining traction, with accelerating sales, improved execution, 7.9% global comparable-sales growth, cost savings and coffeehouse initiatives supporting the recovery. The company also raised fiscal 2026 guidance, while its latest quarter beat earnings and revenue expectations. Investing article
• Positive Sentiment: Starbucks is using nostalgia and menu-related marketing to encourage visits, potentially helping customer traffic as the company works to rebuild demand. TheStreet article
• Neutral Sentiment: Analysts describe the turnaround as effective but view SBUX as fairly valued. Competitive intensity, consumer spending pressure and changing preferences could limit near-term upside despite stronger margins and lower debt. Seeking Alpha article
• Negative Sentiment: The Starbucks Workers United union is planning a national boycott, reviving concerns about labor disruptions, reputational damage and possible pressure on store operations. TipRanks article
• Negative Sentiment: Starbucks is discontinuing a drink-blending powder after particles reportedly became airborne and caused baristas to cough or feel ill. Although the product is being removed during the seasonal menu transition, the issue raises workplace-safety and reputational concerns. Yahoo Finance article

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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