Uhlmann Price Securities LLC Invests $625,000 in Starbucks Corporation $SBUX

Uhlmann Price Securities LLC acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) in the third quarter, HoldingsChannel reports. The institutional investor acquired 7,387 shares of the coffee company’s stock, valued at approximately $625,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SBUX. Transce3nd LLC lifted its holdings in Starbucks by 270.3% during the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Collier Financial purchased a new stake in shares of Starbucks in the third quarter worth $25,000. MTM Investment Management LLC bought a new stake in shares of Starbucks during the 2nd quarter valued at $28,000. PFS Partners LLC lifted its stake in shares of Starbucks by 457.4% during the 3rd quarter. PFS Partners LLC now owns 340 shares of the coffee company’s stock valued at $29,000 after buying an additional 279 shares in the last quarter. Finally, RMG Wealth Management LLC lifted its stake in shares of Starbucks by 109.9% during the 3rd quarter. RMG Wealth Management LLC now owns 382 shares of the coffee company’s stock valued at $33,000 after buying an additional 200 shares in the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on SBUX. BMO Capital Markets reiterated an “outperform” rating and issued a $120.00 price target on shares of Starbucks in a research note on Friday, January 30th. Dbs Bank lowered Starbucks from a “hold” rating to a “strong sell” rating in a research note on Friday, November 7th. Guggenheim reiterated a “buy” rating and set a $90.00 target price on shares of Starbucks in a research report on Monday, January 26th. Royal Bank Of Canada reissued an “outperform” rating and set a $105.00 target price on shares of Starbucks in a research note on Thursday, January 29th. Finally, New Street Research set a $90.00 price target on Starbucks in a research note on Tuesday, January 27th. Eighteen analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $104.31.

Starbucks Trading Down 3.1%

NASDAQ:SBUX opened at $93.79 on Friday. The company has a market capitalization of $106.85 billion, a P/E ratio of 77.51, a P/E/G ratio of 2.10 and a beta of 0.96. Starbucks Corporation has a 12 month low of $75.50 and a 12 month high of $117.46. The business’s 50-day moving average is $90.22 and its 200 day moving average is $87.29.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The firm had revenue of $9.92 billion for the quarter, compared to analysts’ expectations of $9.62 billion. During the same quarter in the prior year, the business earned $0.69 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, research analysts forecast that Starbucks Corporation will post 2.99 earnings per share for the current year.

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.