Starbucks Corporation $SBUX Shares Bought by Quantbot Technologies LP

Quantbot Technologies LP grew its position in Starbucks Corporation (NASDAQ:SBUXFree Report) by 203.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,465 shares of the coffee company’s stock after buying an additional 31,816 shares during the period. Quantbot Technologies LP’s holdings in Starbucks were worth $4,016,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Cooper Haims Advisors LLC grew its position in Starbucks by 3.0% in the second quarter. Cooper Haims Advisors LLC now owns 3,749 shares of the coffee company’s stock worth $344,000 after acquiring an additional 110 shares during the period. Silver Oak Securities Incorporated raised its position in Starbucks by 2.4% in the third quarter. Silver Oak Securities Incorporated now owns 5,288 shares of the coffee company’s stock valued at $447,000 after purchasing an additional 122 shares during the period. Pioneer Trust Bank N A OR lifted its stake in shares of Starbucks by 1.1% in the 3rd quarter. Pioneer Trust Bank N A OR now owns 11,437 shares of the coffee company’s stock valued at $968,000 after purchasing an additional 125 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Starbucks by 3.5% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 3,765 shares of the coffee company’s stock valued at $345,000 after purchasing an additional 126 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC grew its holdings in shares of Starbucks by 1.6% during the 3rd quarter. Capital Advisors Wealth Management LLC now owns 8,513 shares of the coffee company’s stock worth $720,000 after purchasing an additional 130 shares during the period. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SBUX. Guggenheim restated a “buy” rating and issued a $90.00 price objective on shares of Starbucks in a report on Monday, January 26th. Mizuho increased their target price on shares of Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a research note on Monday, January 26th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $113.00 price target on shares of Starbucks in a research note on Thursday, January 29th. BTIG Research restated a “buy” rating and issued a $105.00 price objective on shares of Starbucks in a report on Thursday, January 29th. Finally, Barclays set a $116.00 price objective on shares of Starbucks and gave the stock an “overweight” rating in a research report on Friday, January 30th. Eighteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $104.31.

Read Our Latest Report on Starbucks

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $98.02 on Monday. The firm has a market capitalization of $111.67 billion, a PE ratio of 81.01, a price-to-earnings-growth ratio of 2.19 and a beta of 0.93. Starbucks Corporation has a 1 year low of $75.50 and a 1 year high of $117.46. The firm’s 50-day moving average is $92.43 and its two-hundred day moving average is $87.65.

Starbucks (NASDAQ:SBUXGet Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 EPS 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 business had revenue of $9.92 billion during the quarter, compared to analysts’ expectations of $9.62 billion. During the same period in the previous year, the business posted $0.69 EPS. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Analysts expect that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

Starbucks Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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