Investment Activity - Transce3nd LLC increased its stake in Starbucks by 270.3% in Q2, now owning 274 shares valued at $25,000 after acquiring 200 additional shares [1] - PFS Partners LLC raised its holdings by 457.4% in Q3, owning 340 shares worth $29,000 after buying 279 shares [1] - RMG Wealth Management LLC increased its stake by 109.9% in Q3, now holding 382 shares valued at $33,000 after acquiring 200 shares [1] - Nexus Investment Management ULC acquired a new stake worth $35,000 in Q2 [1] - Institutional investors own 72.29% of Starbucks stock [1] Analyst Ratings and Price Targets - Citigroup lowered its target price from $94.00 to $92.00, maintaining a "neutral" rating [2] - Zacks Research upgraded Starbucks from "strong sell" to "hold" [2] - BMO Capital Markets reiterated an "outperform" rating with a target price of $120.00 [2] - Barclays set a target price of $116.00 with an "overweight" rating [2] - Deutsche Bank reissued a "buy" rating with a target price of $113.00 [2] - Consensus rating is "Moderate Buy" with an average target price of $104.67 [2] Insider Transactions - Director Jorgen Vig Knudstorp purchased 11,700 shares at an average cost of $85.00, totaling $994,500, increasing his position by 28.26% [3] Financial Performance - Starbucks reported $0.56 EPS for the last quarter, missing estimates by $0.03, with revenue of $9.92 billion, exceeding estimates of $9.62 billion [5] - Revenue increased by 5.5% compared to the same quarter last year [5] - The company has set FY 2026 EPS guidance at 2.150-2.400 [5] - Analysts anticipate an average EPS of 2.99 for the current fiscal year [5] Stock Performance and Dividends - Starbucks stock opened at $99.45, with a market capitalization of $113.30 billion and a PE ratio of 82.19 [4] - The stock has a 12-month low of $75.50 and a high of $117.46 [4] - A quarterly dividend of $0.62 per share will be paid on February 27, representing an annualized dividend of $2.48 and a yield of 2.5% [6][7]
Starbucks Corporation $SBUX Shares Sold by Prime Capital Investment Advisors LLC