Starbucks Corporation $SBUX Shares Bought by Cerity Partners LLC

11 Jun 2026, 09:45 by Danessa Lincoln · The Markets Daily

Cerity Partners LLC raised its position in Starbucks Corporation (NASDAQ:SBUX – Free Report) by 101.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 538,001 shares of the coffee company’s stock after acquiring an additional 271,217 shares during the quarter. Cerity Partners LLC’s holdings in Starbucks were worth $45,347,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Starbucks by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 114,410,675 shares of the coffee company’s stock valued at $9,634,523,000 after acquiring an additional 971,773 shares in the last quarter. Capital Research Global Investors grew its position in shares of Starbucks by 11.4% during the third quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock worth $7,229,968,000 after buying an additional 8,774,198 shares in the last quarter. Capital World Investors grew its position in shares of Starbucks by 9.0% during the fourth quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock worth $7,135,228,000 after buying an additional 7,007,268 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Starbucks by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company’s stock worth $2,212,153,000 after buying an additional 225,168 shares in the last quarter. Finally, Capital International Investors grew its position in shares of Starbucks by 7.3% during the fourth quarter. Capital International Investors now owns 15,758,440 shares of the coffee company’s stock worth $1,327,245,000 after buying an additional 1,066,668 shares in the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Starbucks

In other news, CEO Brady Brewer sold 1,641 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $94.33, for a total transaction of $154,795.53. Following the completion of the sale, the chief executive officer owned 80,181 shares in the company, valued at $7,563,473.73. This represents a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president owned 57,653 shares of the company’s stock, valued at $6,053,565. This trade represents a 3.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 8,099 shares of company stock valued at $804,907 in the last 90 days. Company insiders own 0.03% of the company’s stock.

Starbucks Trading Up 1.4%

Shares of NASDAQ SBUX opened at $98.76 on Thursday. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $108.88. The stock has a 50 day moving average of $99.77 and a two-hundred day moving average of $94.47. The stock has a market cap of $112.56 billion, a P/E ratio of 74.82, a P/E/G ratio of 1.92 and a beta of 0.98.

Starbucks (NASDAQ:SBUX – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, beating 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 company had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same quarter in the previous year, the business earned $0.41 earnings per share. The firm’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, research analysts predict that Starbucks Corporation will post 2.42 earnings per share for the current year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Friday, May 15th. Starbucks’s dividend payout ratio is 187.88%.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

Positive Sentiment: Reports that Starbucks is weighing a stake sale or IPO for its Japan unit could surface hidden value and improve the company’s capital structure. Starbucks weighs Japan stake sale or IPO
Positive Sentiment: Management commentary about room for international expansion and more U.S. stores reinforces the long-term growth narrative for SBUX. Starbucks CEO Says 22,000 Overseas Stores Could Double
Positive Sentiment: Investors are also encouraged by signs that Starbucks is gaining traction beyond the morning coffee rush, suggesting turnaround efforts around afternoon traffic and beverage innovation may be working. Starbucks Sees Encouraging Growth beyond the Morning Rush, CNBC Reports
Positive Sentiment: New drink launches, including blended Refreshers, are drawing attention because they could boost traffic with younger consumers and support sales growth. Starbucks’ latest drink launch is a bet on the future of fast food beverages
Neutral Sentiment: CEO Brady Brewer disclosed a pre-arranged sale of 1,641 shares under a 10b5-1 plan; this is routine insider activity but can slightly weigh on sentiment. SEC filing
Negative Sentiment: A Seeking Alpha piece argued the market may be pricing in Starbucks’ turnaround too early, which could temper enthusiasm if execution slows. Starbucks: The Market Is Pricing In Success Too Soon

Analysts Set New Price Targets

SBUX has been the subject of a number of analyst reports. Stifel Nicolaus set a $117.00 price objective on Starbucks and gave the stock a “buy” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. boosted their price objective on Starbucks from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Robert W. Baird boosted their price objective on Starbucks from $112.00 to $117.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Wolfe Research initiated coverage on Starbucks in a research report on Monday, March 9th. They set a “peer perform” rating for the company. Finally, BNP Paribas Exane initiated coverage on Starbucks in a report on Thursday, May 14th. They issued an “underperform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Starbucks presently has a consensus rating of “Moderate Buy” and an average price target of $107.48.

View Our Latest Report on Starbucks

Starbucks Company Profile

(Free Report)

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.