Nykredit A S Invests $29.52 Million in Starbucks Corporation $SBUX

Nykredit A S bought a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) during the second quarter, Holdings Channel.com reports. The fund bought 288,913 shares of the coffee company’s stock, valued at approximately $29,524,000.

Several other institutional investors have also added to or reduced their stakes in SBUX. BlackRock Inc. purchased a new position in shares of Starbucks during the 2nd quarter valued at about $8,504,509,000. Bank of America Corp DE purchased a new stake in Starbucks during the second quarter valued at approximately $1,581,287,000. Norges Bank acquired a new stake in shares of Starbucks during the fourth quarter worth $1,232,650,000. T. Rowe Price Investment Management Inc. raised its stake in Starbucks by 65.9% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock worth $1,637,704,000 after acquiring an additional 7,725,547 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in Starbucks in the second quarter valued at $779,790,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction on Friday, September 4th. The stock was 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 directly 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 document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,687 shares of company stock worth $703,450 over the last 90 days. 0.03% of the stock is owned by company insiders.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks plans to open approximately 600–650 net new stores in fiscal 2026, with growth focused on international markets, licensed locations and disciplined development. The strategy could support long-term revenue growth if new stores generate attractive returns. Can Starbucks’ 600-650 New Stores Strengthen Its Global Growth?
• Positive Sentiment: Some analysts remain bullish on Starbucks as a consumer-cyclical investment, providing a counterpoint to the recent weakness in restaurant shares. Analysts Are Bullish on These Consumer Cyclical Stocks
• Neutral Sentiment: Brokerages collectively maintain a “Hold” recommendation, suggesting analysts see balanced upside and downside rather than a clear near-term catalyst. Starbucks Receives Consensus Hold Recommendation
• Neutral Sentiment: Starbucks’ placement of Floura fiber-based snacks gives the startup visibility and credibility, but the arrangement appears too small to materially affect Starbucks’ financial results. Jeni’s Splendid Ice Creams Founder on New Fiber Company
• Neutral Sentiment: Starbucks is reportedly considering a roughly $3 billion sale of a majority stake in its Japan business. Such a transaction could unlock capital and sharpen its asset-light model, but it also risks reducing control over an important international market. Starbucks Considers $3 Billion Japan Stake Sale
• Negative Sentiment: Restaurant stocks, including Starbucks, McDonald’s and Dutch Bros, are broadly declining as investors reassess consumer spending and sector valuations. Starbucks’ approximately 55 forward-trailing price-to-earnings ratio increases sensitivity to weaker growth expectations. Restaurant Stocks Are Tumbling
• Negative Sentiment: Starbucks agreed to pay $1 million and provide four years of compliance certifications to settle Florida litigation over diversity policies. Although the financial cost is modest, the company faces added compliance obligations and continued political and reputational scrutiny. Starbucks Settles Florida Lawsuit

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Citigroup raised their target price on Starbucks from $108.00 to $112.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. BNP Paribas Exane increased their target price on shares of Starbucks from $87.00 to $92.00 and gave the company an “underperform” rating in a research report on Thursday, July 30th. Raymond James Financial cut shares of Starbucks to an “outperform” rating in a research note on Monday, August 3rd. Zacks Research lowered shares of Starbucks from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Guggenheim initiated coverage on shares of Starbucks in a research note on Monday, August 3rd. They set a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Starbucks presently has an average rating of “Hold” and a consensus price target of $110.30.

Starbucks Stock Down 0.9%

Shares of NASDAQ SBUX opened at $95.83 on Friday. The company has a market cap of $109.25 billion, a price-to-earnings ratio of 55.07, a P/E/G ratio of 1.67 and a beta of 0.97. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $110.51. The business has a fifty day simple moving average of $104.43 and a 200-day simple moving average of $101.27.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The firm had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same period last year, the company posted $0.50 EPS. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, sell-side analysts expect that Starbucks Corporation will post 2.64 EPS for the current fiscal year.

Starbucks Company Profile

Starbucks Corporation is a global coffeehouse company that roasts, markets and sells specialty coffee, tea, cold beverages, food and other related products. Its offerings include brewed coffee, espresso-based beverages, cold drinks, teas, pastries, breakfast items and packaged coffee and tea products. Starbucks also sells branded merchandise, including drinkware and related accessories.

Founded in 1971 in Seattle, Starbucks has grown from a local coffee retailer into an international business.