TD Waterhouse Canada Inc. Purchases 24,570 Shares of Starbucks Corporation $SBUX

TD Waterhouse Canada Inc. increased its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 40.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 84,906 shares of the coffee company’s stock after buying an additional 24,570 shares during the period. TD Waterhouse Canada Inc.’s holdings in Starbucks were worth $7,183,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of SBUX. Game Plan Financial Advisors LLC acquired a new position in shares of Starbucks in the 2nd quarter valued at about $25,000. Transce3nd LLC increased its holdings in Starbucks by 270.3% in the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. MTM Investment Management LLC bought a new position in shares of Starbucks during the 2nd quarter worth approximately $28,000. PFS Partners LLC grew its position in shares of Starbucks by 457.4% during the 3rd quarter. PFS Partners LLC now owns 340 shares of the coffee company’s stock worth $29,000 after buying an additional 279 shares during the period. Finally, REAP Financial Group LLC increased its stake in shares of Starbucks by 119.4% in the 2nd quarter. REAP Financial Group LLC now owns 362 shares of the coffee company’s stock valued at $33,000 after acquiring an additional 197 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Insider Activity

In other news, Director Jorgen Vig Knudstorp bought 11,700 shares of the stock in a transaction dated Monday, November 10th. The stock was bought at an average price of $85.00 per share, for a total transaction of $994,500.00. Following the completion of the acquisition, the director directly owned 53,096 shares in the company, valued at approximately $4,513,160. This trade represents a 28.26% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.09% of the stock is currently owned by insiders.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Q1 sales and traffic improvement — Starbucks reported a revenue beat ($9.92B) and its first U.S. transaction growth in two years, supporting the turnaround narrative and earlier stock strength. Starbucks Gets a Jolt After Earnings
• Positive Sentiment: Investor Day strategic initiatives — management showcased redesigned cafes, a long-term growth roadmap, AI-powered personalization and plans to convert momentum into sustainable growth; these are constructive for longer-term same-store-sales and margins if execution holds. Starbucks shows off redesigned cafes at 2026 investor day
• Positive Sentiment: Rewards relaunch to drive frequency — Starbucks will reintroduce a tiered Starbucks Rewards (Green/Gold/Reserve) on March 10 to encourage more visits and higher spend from its large U.S. member base. This is a direct demand-side lever. Starbucks Unveils Reimagined Loyalty Program
• Neutral Sentiment: Analyst views mixed — some firms reaffirm buy/raise price targets (e.g., $105), while others remain cautious or maintain hold ratings; consensus remains split on how fast margins recover. Analyst Coverage Summary
• Neutral Sentiment: Expansion plans vs. execution risk — management plans hundreds of new U.S. stores and added seating, which can drive growth but requires execution (and may pressure near-term capex). Starbucks sees room to expand
• Negative Sentiment: Profitability strain and guidance — EPS missed estimates ( $0.56 vs. ~$0.59) and full?year EPS guidance (2.15–2.40) sits near or slightly below consensus, signaling margins remain pressured even as sales recover. Earnings and Guidance Details
• Negative Sentiment: Shareholder litigation risk and governance optics — investor?rights firms (Halper Sadeh and others) announced probes into directors/officers, and the company loosened the cap on CEO private jet use; both increase headline risk and can weigh on sentiment. Halper Sadeh Investigation Notice
• Negative Sentiment: Questions on store-level health — critical commentary argues new openings won’t offset traffic declines at many legacy U.S. locations, highlighting execution and comp-risk that could undermine growth assumptions. Starbucks Comp Sales: Why New Stores Don’t Matter

Analyst Ratings Changes

A number of research firms have commented on SBUX. Piper Sandler reduced their price target on shares of Starbucks from $105.00 to $100.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Dbs Bank cut shares of Starbucks from a “hold” rating to a “strong sell” rating in a research report on Friday, November 7th. William Blair raised Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 22nd. BMO Capital Markets reaffirmed an “outperform” rating on shares of Starbucks in a research note on Thursday, October 30th. Finally, Bank of America raised their price objective on Starbucks from $106.00 to $114.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Nineteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Starbucks presently has an average rating of “Moderate Buy” and a consensus price target of $104.04.

Starbucks Stock Performance

SBUX stock opened at $93.88 on Friday. The business has a 50-day simple moving average of $87.96 and a two-hundred day simple moving average of $87.17. The company has a market capitalization of $106.75 billion, a P/E ratio of 77.59, a price-to-earnings-growth ratio of 1.98 and a beta of 0.97. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $117.46.

Starbucks (NASDAQ:SBUX) last posted its earnings results 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). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The company had revenue of $9.92 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter in the prior year, the business earned $0.69 EPS. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, sell-side analysts forecast that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, February 13th. Starbucks’s payout ratio is currently 151.22%.

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.