Starbucks Corporation $SBUX Shares Bought by Absher Wealth Management LLC

Key Points

• Absher Wealth Management raised its stake in Starbucks by 14.9% in Q4 to 360,227 shares (≈$30.34M), making SBUX its 14th largest holding.
• Operational catalysts include a loyalty revamp that is reportedly driving traffic, a new $100M Southeast office in Nashville, and expanded Nestlé/Keurig K‑Cup distribution, which could support near‑term comp recovery and at‑home revenue.
• Financial context: Starbucks missed recent quarterly EPS ($0.56 vs. $0.59), trades at a high PE (~82), provided FY26 EPS guidance of $2.15–$2.40, pays a quarterly dividend of $0.62 (2.5% yield), and has seen small insider sales amid mixed analyst views.

Absher Wealth Management LLC increased its holdings in Starbucks Corporation (NASDAQ:SBUX - Free Report) by 14.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 360,227 shares of the coffee company's stock after purchasing an additional 46,822 shares during the quarter. Starbucks accounts for 3.6% of Absher Wealth Management LLC's holdings, making the stock its 14th biggest position. Absher Wealth Management LLC's holdings in Starbucks were worth $30,335,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. River Street Advisors LLC increased its stake in Starbucks by 0.8% in the 4th quarter. River Street Advisors LLC now owns 13,516 shares of the coffee company's stock worth $1,138,000 after purchasing an additional 113 shares in the last quarter. Silver Oak Securities Incorporated lifted its holdings in shares of Starbucks by 2.4% in the third quarter. Silver Oak Securities Incorporated now owns 5,288 shares of the coffee company's stock valued at $447,000 after purchasing an additional 122 shares in the last quarter. Wynn Capital LLC boosted its position in shares of Starbucks by 1.0% in the fourth quarter. Wynn Capital LLC now owns 11,895 shares of the coffee company's stock worth $1,002,000 after buying an additional 122 shares during the period. Winch Advisory Services LLC boosted its position in shares of Starbucks by 1.1% in the third quarter. Winch Advisory Services LLC now owns 11,004 shares of the coffee company's stock worth $931,000 after buying an additional 123 shares during the period. Finally, Pioneer Trust Bank N A OR grew its holdings in shares of Starbucks by 1.1% during the third quarter. Pioneer Trust Bank N A OR now owns 11,437 shares of the coffee company's stock valued at $968,000 after buying an additional 125 shares in the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Early signs that Starbucks’ loyalty revamp is drawing value‑seeking customers — the new 60‑star redemption option is reportedly the most popular redemption and is driving traffic, which supports near‑term comp recovery. Read More.
• Positive Sentiment: Starbucks picked Nashville for a $100M Southeast corporate/support office; the move (and Benzinga’s report of a stock jump after the announcement) signals investment in U.S. operations and regional support that could improve execution and lower costs over time. Read More.
• Positive Sentiment: Retail/packaged‑goods expansion: Nestlé/Keurig distribution extension for Starbucks K‑Cup pods broadens at‑home revenue and recurring grocery exposure. Read More.
• Neutral Sentiment: Analysts are mixed but constructive — several firms keep hold/buy views and some (e.g., Stifel) are more bullish on upside, supporting market interest ahead of earnings. Read More.
• Neutral Sentiment: CEO Brady Brewer disclosed a small, pre‑arranged sale under a 10b5‑1 plan; routine insider selling is not a clear directional signal. Read More.
• Negative Sentiment: Starbucks is cutting/reshaping tech roles and paring back some tech jobs as it brings more tech work in‑house — this could produce one‑time charges, execution risk for digital initiatives, and near‑term disruption. Read More.
• Negative Sentiment: Investors remain cautious ahead of April 28 earnings after the last quarter missed EPS; high trailing valuation and weak ROE make SBUX sensitive to any execution slip. Read More.
• Negative Sentiment: Competitive pressure: challengers (Dunkin’, Dutch Bros, regional chains) and store strategy shifts (exurbs/drive‑through focus) complicate long‑term comps and unit economics. Read More.

Starbucks Stock Up 0.0%

Shares of SBUX stock opened at $99.54 on Friday. Starbucks Corporation has a 12 month low of $75.50 and a 12 month high of $104.82. The company has a market cap of $113.41 billion, a PE ratio of 82.26, a price-to-earnings-growth ratio of 2.25 and a beta of 0.95. The business's 50 day moving average is $95.93 and its two-hundred day moving average is $90.23.

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

Starbucks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, May 15th. Starbucks's dividend payout ratio (DPR) is currently 204.96%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Guggenheim reissued a "neutral" rating and set a $95.00 price target (up from $90.00) on shares of Starbucks in a research report on Wednesday, March 4th. DA Davidson reaffirmed a "neutral" rating and set a $97.00 target price on shares of Starbucks in a research note on Wednesday. TD Cowen reiterated a "hold" rating and issued a $89.00 target price (up from $84.00) on shares of Starbucks in a report on Friday, January 30th. UBS Group reissued a "neutral" rating on shares of Starbucks in a research report on Friday, January 30th. Finally, New Street Research set a $90.00 price target on shares of Starbucks in a report on Tuesday, January 27th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Starbucks currently has a consensus rating of "Moderate Buy" and a consensus target price of $104.93.

Insider Transactions at Starbucks

In related news, CEO Brady Brewer sold 1,641 shares of the business's stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $159,373.92. Following the completion of the transaction, the chief executive officer owned 86,605 shares of the company's stock, valued at approximately $8,411,077.60. The trade was a 1.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Sara Kelly sold 2,500 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $242,800.00. Following the sale, the executive vice president owned 59,609 shares of the company's stock, valued at approximately $5,789,226.08. The trade was a 4.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 6,958 shares of company stock worth $667,464 over the last quarter. 0.03% of the stock is currently owned by corporate insiders.

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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