Weekly Research Analysts’ Ratings Changes for Starbucks (SBUX)

Several brokerages have updated their recommendations and price targets on shares of Starbucks (NASDAQ: SBUX) in the last few weeks:

• 1/29/2025 – Starbucks had its price target raised by analysts at Barclays PLC from $119.00 to $124.00. They now have an “overweight” rating on the stock.
• 1/29/2025 – Starbucks had its price target raised by analysts at BMO Capital Markets from $110.00 to $115.00. They now have an “outperform” rating on the stock.
• 1/29/2025 – Starbucks had its price target raised by analysts at UBS Group AG from $98.00 to $105.00. They now have a “neutral” rating on the stock.
• 1/29/2025 – Starbucks had its price target raised by analysts at Wedbush from $95.00 to $100.00. They now have a “neutral” rating on the stock.
• 1/27/2025 – Starbucks had its price target raised by analysts at Stifel Nicolaus from $110.00 to $114.00. They now have a “buy” rating on the stock.
• 1/24/2025 – Starbucks had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $115.00 price target on the stock.

Starbucks Stock Down 0.2 %

Shares of SBUX traded down $0.27 during midday trading on Thursday, reaching $111.98. 4,662,495 shares of the stock were exchanged, compared to its average volume of 10,103,541. The company has a market cap of $127.20 billion, a P/E ratio of 36.12, a PEG ratio of 3.40 and a beta of 1.00. The stock’s 50 day simple moving average is $96.73 and its 200 day simple moving average is $94.20. Starbucks Co. has a twelve month low of $71.55 and a twelve month high of $112.42.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Tuesday, January 28th. The coffee company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.01. Starbucks had a negative return on equity of 44.97% and a net margin of 9.73%. During the same quarter in the previous year, the company earned $0.90 EPS. As a group, analysts predict that Starbucks Co. will post 3 earnings per share for the current year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date is Friday, February 14th. Starbucks’s payout ratio is currently 78.71%.

Insider Buying and Selling at Starbucks

In related news, CFO Rachel Ruggeri sold 1,491 shares of the stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $99.54, for a total transaction of $148,414.14. Following the sale, the chief financial officer now owns 80,124 shares of the company’s stock, valued at approximately $7,975,542.96. This represents a 1.83 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.09% of the company’s stock.

Institutional Trading of Starbucks

Institutional investors and hedge funds have recently modified their holdings of the business. Dakota Wealth Management raised its holdings in shares of Starbucks by 0.5% during the 3rd quarter. Dakota Wealth Management now owns 55,793 shares of the coffee company’s stock valued at $5,439,000 after buying an additional 300 shares in the last quarter. Weil Company Inc. raised its holdings in shares of Starbucks by 31.2% during the 3rd quarter. Weil Company Inc. now owns 34,580 shares of the coffee company’s stock valued at $3,371,000 after buying an additional 8,222 shares in the last quarter. Maia Wealth LLC raised its holdings in shares of Starbucks by 69.1% during the 3rd quarter. Maia Wealth LLC now owns 18,582 shares of the coffee company’s stock valued at $1,805,000 after buying an additional 7,596 shares in the last quarter. Aljian Capital Management LLC raised its holdings in shares of Starbucks by 48.5% during the 3rd quarter. Aljian Capital Management LLC now owns 30,422 shares of the coffee company’s stock valued at $2,966,000 after buying an additional 9,936 shares in the last quarter. Finally, Investment Management Corp of Ontario raised its holdings in shares of Starbucks by 48.6% during the 3rd quarter. Investment Management Corp of Ontario now owns 37,584 shares of the coffee company’s stock valued at $3,664,000 after buying an additional 12,300 shares in the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.