CI Investments Inc. Boosts Stake in Starbucks Corporation $SBUX

CI Investments Inc. grew its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 4.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 459,937 shares of the coffee company’s stock after acquiring an additional 21,316 shares during the quarter. CI Investments Inc.’s holdings in Starbucks were worth $38,911,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of SBUX. Transce3nd LLC raised its holdings in 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 buying an additional 200 shares during the period. Collier Financial acquired a new stake in shares of Starbucks in the third quarter worth $25,000. Y.D. More Investments Ltd acquired a new stake in shares of Starbucks in the third quarter worth $26,000. MTM Investment Management LLC purchased a new position in shares of Starbucks in the 2nd quarter valued at $28,000. Finally, PFS Partners LLC lifted its holdings 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 acquiring an additional 279 shares in the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Starbucks Stock Down 0.1%

SBUX stock opened at $96.68 on Wednesday. The stock’s 50 day moving average is $92.89 and its two-hundred day moving average is $87.71. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $115.27. The company has a market capitalization of $110.15 billion, a PE ratio of 79.90, a P/E/G ratio of 2.16 and a beta of 0.93.

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 analysts’ consensus estimates of $0.59 by ($0.03). The company had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, sell-side analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current year.

Wall Street Analyst Weigh In

SBUX has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $113.00 price target on shares of Starbucks in a report on Thursday, January 29th. BTIG Research reiterated a “buy” rating and set a $105.00 target price on shares of Starbucks in a report on Thursday, January 29th. Evercore reissued an “outperform” rating on shares of Starbucks in a research report on Wednesday, January 28th. Guggenheim reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Starbucks in a research report on Monday, January 26th. Finally, Zacks Research raised shares of Starbucks from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. Eighteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Starbucks currently has an average rating of “Moderate Buy” and an average price target of $104.31.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: High-profile endorsement: Jim Cramer reiterated his bullish stance on Starbucks, which can support investor confidence and short-term buying interest. Jim Cramer on Starbucks
• Positive Sentiment: Store experience refresh: Starbucks plans two major changes across ~1,000 stores in 2026 (seating/mugs and other in-store updates) aimed at improving the customer experience and traffic. This could help stabilize comp-store sales if execution drives frequency. Store updates article
• Positive Sentiment: Retail expansion: Starbucks is pushing trend-driven drinks into grocery and convenience channels, a revenue diversification move that can boost packaged-beverage sales and margins over time. Retail product expansion
• Positive Sentiment: Analyst view: A consensus “Moderate Buy” rating from analysts provides supportive institutional sentiment and can limit downside in weak sessions. Analyst consensus
• Neutral Sentiment: New Nashville office: Starbucks will open a corporate office in Nashville and relocate some supply‑chain roles from Seattle later this year. The move could lower costs and improve U.S. expansion execution, but also creates transitional costs and potential PR/headcount risks—so impact is mixed near term. Nashville office report
• Neutral Sentiment: Competitive context: Industry peers are updating store formats (e.g., Schlotzsky’s rebrand) — not directly Starbucks-specific but part of a broader quick‑service push to smaller footprints and pickup formats that could shift market dynamics slowly. Competitive trends
• Negative Sentiment: Store closures spawning competitors: Analysis suggests closures and remodels have created openings for regional competitors, a near-term headwind to traffic and market share in affected neighborhoods. Closed stores spawn competitors
• Negative Sentiment: Rewards program concerns: Reports flag investor worry that changes to Starbucks’ loyalty program may not deliver the expected financial benefits, risking slower spend per member or churn among frequent customers. Rewards program concerns

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.