Vise Technologies Inc. boosted its holdings in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) by 25.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 50,170 shares of the coffee company’s stock after purchasing an additional 10,206 shares during the quarter. Vise Technologies Inc.’s holdings in Starbucks were worth $4,714,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Starbucks in the 2nd quarter valued at $8,504,509,000. Bank of America Corp DE purchased a new position in shares of Starbucks during the second quarter worth $1,581,287,000. Bank of New York Mellon Corp purchased a new position in shares of Starbucks during the second quarter worth $779,790,000. Legal & General Group Plc acquired a new position in Starbucks during the second quarter valued at $649,622,000. Finally, Corient Private Wealth LP acquired a new position in Starbucks during the second quarter valued at $289,019,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms have commented on SBUX. Raymond James Financial reaffirmed an “outperform” rating on shares of Starbucks in a report on Friday, October 9th. Sanford C. Bernstein lowered Starbucks from an “outperform” rating to a “market perform” rating in a research note on Monday, August 3rd. CICC Research lifted their price objective on Starbucks from $95.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Jefferies Financial Group boosted their price objective on Starbucks from $95.00 to $101.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Finally, Rothschild & Co Redburn upped their target price on Starbucks from $81.00 to $82.00 and gave the stock a “sell” rating in a research note on Wednesday, September 30th. Twenty-one equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $108.74.
Check Out Our Latest Stock Report on SBUX
Insider Buying and Selling at Starbucks
In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $105.60, for a total value of $235,382.40. Following the completion of the transaction, the chief executive officer owned 73,149 shares in the company, valued at approximately $7,724,534.40. This represents a 2.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 4,458 shares of company stock valued at $449,684 in the last three months. Corporate insiders own 0.03% of the company’s stock.
Starbucks Price Performance
NASDAQ:SBUX opened at $104.77 on Wednesday. The firm has a market cap of $119.44 billion, a price-to-earnings ratio of 47.41, a price-to-earnings-growth ratio of 1.73 and a beta of 1.01. The company has a 50 day moving average price of $99.15 and a 200-day moving average price of $99.84. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $110.51.
Starbucks (NASDAQ:SBUX – Get Free Report) last posted its earnings results on Thursday, October 29th. The coffee company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.08. Starbucks had a net margin of 6.66% and a negative return on equity of 38.61%. The firm had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $9.22 billion. During the same period in the previous year, the business posted $0.52 EPS. The business’s revenue was down 4.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Starbucks Corporation will post 3.22 earnings per share for the current fiscal year.
Starbucks Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 13th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Friday, November 13th. This is a positive change from Starbucks’s previous quarterly dividend of $0.62. This represents a $2.52 dividend on an annualized basis and a yield of 2.4%. Starbucks’s dividend payout ratio is presently 112.22%.
Key Starbucks News
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Management outlined plans for sustained fiscal 2027 growth, pointing to stronger coffeehouse sales, digital initiatives, global expansion and cost savings as drivers of its turnaround. Starbucks Q4 Earnings Call Highlights Turnaround and 2027 Growth Plans
- Positive Sentiment: U.S. customer trends offered support: average spending per visit rose 5.2% last quarter, while management cited growth in visits and spending alongside menu, digital and service improvements. Why Morgan Stanley sees customers spending more at Starbucks
- Neutral Sentiment: Citigroup raised its price target from $104 to $107 but kept a neutral rating, signaling limited expected upside at that target. Citigroup Starbucks rating
- Neutral Sentiment: A report suggested drive-thrus could use technology to recognize returning customers, but the potential customer-service benefit remains prospective. Starbucks Stock Ticks Up as Drive-Thrus May Recognize Patrons
- Negative Sentiment: Fiscal Q4 revenue was $9.14 billion, down 4.5% year over year and below Wall Street expectations, partly reflecting slower international growth and the transition of China operations to a licensed model. Adjusted EPS of $0.80 beat estimates, while U.S. momentum and margin gains provided some offset. SBUX Q3 (fiscal Q4 2026) deep dive
- Negative Sentiment: Stephens initiated coverage with an equal-weight rating and a $39 price target, far below the shares’ recent trading level; the unusually wide gap is a notable bearish signal for sentiment. Stephens Starbucks rating
Starbucks Profile
Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.
In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.
Read More
- Five stocks we like better than Starbucks
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Want to see what other hedge funds are holding SBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Corporation (NASDAQ:SBUX – Free Report).
Receive News & Ratings for Starbucks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starbucks and related companies with MarketBeat.com's FREE daily email newsletter.
