Natixis Advisors LLC Has $123.11 Million Stake in Starbucks Corporation $SBUX

Natixis Advisors LLC reduced its holdings in Starbucks Corporation (NASDAQ:SBUX) by 9.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,455,239 shares of the coffee company’s stock after selling 155,759 shares during the period. Natixis Advisors LLC owned 0.13% of Starbucks worth $123,113,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Transce3nd LLC increased its position in shares of Starbucks by 270.3% in the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after acquiring an additional 200 shares during the last quarter. Collier Financial acquired a new position in Starbucks during the third quarter valued at approximately $25,000. Y.D. More Investments Ltd bought a new position in Starbucks in the third quarter valued at approximately $26,000. MTM Investment Management LLC acquired a new position in shares of Starbucks during the 2nd quarter worth approximately $28,000. Finally, PFS Partners LLC increased 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 purchasing an additional 279 shares during the last quarter. 72.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SBUX shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of Starbucks in a research note on Wednesday. Barclays set a $116.00 target price on shares of Starbucks and gave the stock an “overweight” rating in a report on Friday, January 30th. BMO Capital Markets reaffirmed an “outperform” rating and set a $120.00 price target on shares of Starbucks in a research report on Friday, January 30th. New Street Research set a $90.00 price target on shares of Starbucks in a research note on Tuesday, January 27th. Finally, Mizuho lifted their price objective on shares of Starbucks from $86.00 to $95.00 and gave the company a “neutral” rating in a research report on Monday, January 26th. Seventeen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Starbucks presently has an average rating of “Moderate Buy” and an average price target of $104.22.

Starbucks Stock Performance

NASDAQ:SBUX opened at $98.99 on Monday. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $106.86. The firm’s 50-day simple moving average is $93.71 and its 200 day simple moving average is $87.87. The firm has a market cap of $112.78 billion, a price-to-earnings ratio of 81.81, a P/E/G ratio of 2.21 and a beta of 0.93.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) 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 business had revenue of $9.92 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same period in the prior year, the firm earned $0.69 EPS. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Sell-side analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current year.

About Starbucks

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.