Starbucks Corporation $SBUX Shares Newly Purchased by Capstone Capital Management Ltd

Capstone Capital Management Ltd purchased a new position in Starbucks Corporation (NASDAQ:SBUX) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,414 shares of the coffee company’s stock, valued at approximately $791,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in Starbucks during the 2nd quarter valued at $8,504,509,000. State Street Corp boosted its stake in shares of Starbucks by 3.2% in the 2nd quarter. State Street Corp now owns 49,260,268 shares of the coffee company’s stock worth $5,033,907,000 after buying an additional 1,530,497 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Starbucks by 9.0% in the 1st quarter. Bank of America Corp DE now owns 15,761,355 shares of the coffee company’s stock worth $1,412,060,000 after buying an additional 1,300,085 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Starbucks by 26.2% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,506,482 shares of the coffee company’s stock worth $869,277,000 after acquiring an additional 1,767,530 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of Starbucks in the second quarter worth $779,790,000. Institutional investors own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

SBUX has been the subject of a number of research reports. Compass Point started coverage on Starbucks in a research report on Monday, August 3rd. They set a “buy” rating for the company. William Blair restated an “outperform” rating on shares of Starbucks in a research note on Thursday, October 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $115.00 price target (up from $110.00) on shares of Starbucks in a research report on Thursday, July 30th. JPMorgan Chase & Co. reduced their price target on shares of Starbucks from $112.00 to $105.00 and set an “overweight” rating for the company in a research report on Tuesday, September 29th. Finally, Wells Fargo & Company cut shares of Starbucks from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. Twenty-three analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, Starbucks currently has a consensus rating of “Hold” and a consensus price target of $110.57.

Insider Transactions at Starbucks

In related news, CEO Brady Brewer sold 1,641 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $94.76, for a total value of $155,501.16. Following the completion of the sale, the chief executive officer directly owned 71,508 shares of the company’s stock, valued at approximately $6,776,098.08. This represents a 2.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 6,099 shares of company stock valued at $627,135. Corporate insiders own 0.03% of the company’s stock.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: UBS expects a quarterly beat: UBS forecasts North American comparable-sales growth of 7.5%, above the 6.7% consensus estimate, and earnings per share of $0.77–$0.82 versus the $0.72 consensus. The forecast reflects continued momentum from Starbucks’ “Back to Starbucks” strategy. Starbucks Likely to Deliver Quarterly Beat on Continued Sales Momentum, UBS Says
• Positive Sentiment: Turnaround and 2027 outlook are key catalysts: Analysts expect improving U.S. sales to support fourth-quarter revenue, while investors will assess whether the recovery can continue into fiscal 2027 as recent tailwinds moderate. Starbucks Expected to Build on US Sales Momentum as Investors Eye 2027 Outlook
• Positive Sentiment: Technology investments could expand margins: Starbucks plans a fiscal 2027 technology overhaul aimed at improving store efficiency and labor productivity while supporting its $2 billion cost-savings goal. Successful execution could strengthen profitability. Starbucks Eyes FY27 Tech Overhaul: Can It Improve Margins?
• Positive Sentiment: Dividend increase adds shareholder support: Starbucks reportedly raised its quarterly dividend, reinforcing the income appeal of the stock, although the increase is unlikely to materially change near-term earnings expectations. Starbucks Raises Its Quarterly Dividend
• Neutral Sentiment: Chipotle acquisition rumors were denied: Reports that Starbucks explored buying Chipotle were rapidly debunked, removing a potential acquisition catalyst and allowing investors to focus on Starbucks’ core turnaround. Can Chipotle Win for Long-Term Investors Without Starbucks?
• Negative Sentiment: Execution and valuation remain risks: Starbucks trades near $99 and at a forward-looking valuation that leaves limited room for disappointment. Investors will want evidence that sales momentum, cost savings and the technology overhaul can offset moderating tailwinds.

Starbucks Stock Performance

NASDAQ SBUX opened at $99.37 on Wednesday. The business’s fifty day moving average is $99.90 and its 200 day moving average is $101.24. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $110.51. The company has a market capitalization of $113.28 billion, a PE ratio of 40.28, a price-to-earnings-growth ratio of 1.41 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings results 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 business had revenue of $9.32 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same quarter in the prior year, the business posted $0.50 earnings per share. The business’s quarterly revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, sell-side analysts forecast that Starbucks Corporation will post 2.60 EPS for the current year.

Starbucks Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be paid a dividend of $0.63 per share. This is a boost from Starbucks’s previous quarterly dividend of $0.62. The ex-dividend date is Friday, November 13th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.5%. Starbucks’s dividend payout ratio is presently 142.53%.

Starbucks Company 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.