Starbucks Corporation $SBUX Shares Acquired by Intact Investment Management Inc.

Key Points

• Intact Investment Management boosted its Starbucks stake by 450.3% in Q4, now owning 101,800 shares valued at about $8.57 million.
• Starbucks beat Q2 expectations (EPS $0.50 vs. $0.44, revenue $9.53B vs. $9.17B), raised FY26 guidance to $2.25–$2.45, and carries a consensus "Moderate Buy" with an average target of $106.93.
• The company announced a quarterly dividend of $0.62 (2.3% yield) while insiders sold small positions under 10b5-1 plans, and investors remain mindful of margin pressure and a high P/E (~80) alongside a 187.88% payout ratio.

Intact Investment Management Inc. lifted its holdings in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) by 450.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,800 shares of the coffee company's stock after buying an additional 83,300 shares during the quarter. Intact Investment Management Inc.'s holdings in Starbucks were worth $8,573,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Collier Financial acquired a new position in Starbucks in the 3rd quarter valued at $25,000. Rachor Investment Advisory Services LLC acquired a new position in Starbucks in the 4th quarter valued at $25,000. Y.D. More Investments Ltd acquired a new position in Starbucks in the 3rd quarter valued at $26,000. JPL Wealth Management LLC acquired a new position in Starbucks in the 3rd quarter valued at $27,000. Finally, Kelleher Financial Advisors acquired a new position in Starbucks in the 3rd quarter valued at $27,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on SBUX shares. Wells Fargo & Company reissued an "overweight" rating and issued a $115.00 price objective (up from $110.00) on shares of Starbucks in a research note on Wednesday. BTIG Research increased their price objective on Starbucks from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. increased their price objective on Starbucks from $95.00 to $100.00 and gave the company an "overweight" rating in a research note on Friday, April 24th. Citizens Jmp started coverage on Starbucks in a research note on Monday, March 30th. They issued an "underperform" rating and a $84.00 price objective for the company. Finally, Piper Sandler reissued an "overweight" rating and issued a $110.00 price objective on shares of Starbucks in a research note on Wednesday. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $106.93.

Starbucks Price Performance

Shares of SBUX opened at $105.90 on Monday. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $107.52. The company has a market capitalization of $120.65 billion, a PE ratio of 80.23, a price-to-earnings-growth ratio of 2.14 and a beta of 1.01. The stock has a fifty day simple moving average of $96.53 and a two-hundred day simple moving average of $91.09.

Starbucks (NASDAQ:SBUX - Get Free Report) last issued its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.44 by $0.06. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The business had revenue of $9.53 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same period last year, the company earned $0.41 EPS. The company's revenue for the quarter was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, equities analysts anticipate that Starbucks Corporation will post 2.4 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. Starbucks's dividend payout ratio (DPR) is 187.88%.

Insiders Place Their Bets

In other Starbucks news, CEO Brady Brewer sold 588 shares of the firm's stock in a transaction on Friday, April 17th. The stock was sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the sale, the chief executive officer directly owned 83,788 shares of the company's stock, valued at $8,378,800. This trade represents a 0.70% 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. Also, EVP Sara Kelly sold 2,000 shares of the firm's stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $105.00, for a total value of $210,000.00. Following the completion of the sale, the executive vice president directly owned 57,653 shares of the company's stock, valued at $6,053,565. This trade represents a 3.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,958 shares of company stock valued at $877,464 over the last ninety days. Corporate insiders own 0.03% of the company's stock.

Key Headlines Impacting Starbucks

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?

Starbucks Company 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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