Avanza Fonder AB Acquires 8,538 Shares of Starbucks Corporation $SBUX

Avanza Fonder AB lifted its holdings in Starbucks Corporation (NASDAQ:SBUX) by 12.0% during the third quarter, Holdings Channel reports. The institutional investor owned 79,826 shares of the coffee company’s stock after acquiring an additional 8,538 shares during the quarter. Avanza Fonder AB’s holdings in Starbucks were worth $6,753,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SBUX. Vanguard Group Inc. increased its stake in shares of Starbucks by 0.7% during the second quarter. Vanguard Group Inc. now owns 112,861,623 shares of the coffee company’s stock valued at $10,341,511,000 after purchasing an additional 802,053 shares in the last quarter. State Street Corp boosted its position in shares of Starbucks by 1.2% in the 2nd quarter. State Street Corp now owns 47,513,332 shares of the coffee company’s stock worth $4,353,647,000 after purchasing an additional 544,534 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Starbucks by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 25,846,634 shares of the coffee company’s stock worth $2,357,815,000 after buying an additional 99,983 shares during the last quarter. Norges Bank purchased a new stake in shares of Starbucks in the 2nd quarter worth approximately $1,246,316,000. Finally, Invesco Ltd. increased its position in Starbucks by 11.2% during the 2nd quarter. Invesco Ltd. now owns 12,757,954 shares of the coffee company’s stock valued at $1,169,011,000 after buying an additional 1,286,451 shares in the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SBUX has been the topic of several analyst reports. BTIG Research reissued a “buy” rating and issued a $105.00 target price on shares of Starbucks in a report on Thursday, October 30th. Mizuho raised Starbucks to a “hold” rating in a research report on Tuesday, October 28th. Zacks Research upgraded shares of Starbucks from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 1st. Wells Fargo & Company set a $100.00 price objective on shares of Starbucks and gave the company an “overweight” rating in a research note on Thursday, October 16th. Finally, TD Cowen reaffirmed a “hold” rating and issued a $84.00 target price on shares of Starbucks in a report on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Starbucks presently has an average rating of “Moderate Buy” and a consensus target price of $101.44.

Starbucks Stock Performance

NASDAQ SBUX opened at $84.38 on Friday. The company has a market capitalization of $95.94 billion, a price-to-earnings ratio of 51.45, a PEG ratio of 1.76 and a beta of 0.98. The stock has a 50-day moving average of $84.84 and a 200 day moving average of $87.63. Starbucks Corporation has a one year low of $75.50 and a one year high of $117.46.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings results on Wednesday, October 29th. The coffee company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.03). Starbucks had a net margin of 4.99% and a negative return on equity of 31.32%. The company had revenue of $9.57 billion for the quarter, compared to analysts’ expectations of $9.41 billion. During the same period in the previous year, the business earned $0.80 EPS. The business’s revenue was up 5.5% compared to the same quarter last year. On average, equities analysts predict that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, February 13th. Starbucks’s payout ratio is 151.22%.

Insider Buying and Selling

In related news, Director Jorgen Vig Knudstorp bought 11,700 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was acquired at an average cost of $85.00 per share, for a total transaction of $994,500.00. Following the purchase, the director owned 53,096 shares in the company, valued at approximately $4,513,160. This represents a 28.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.09% of the company’s stock.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Strong holiday demand — multiple outlets report that roughly 1 in 5 Americans will receive a Starbucks gift card this season, supporting near-term sales and customer reactivation. Read More.
• Positive Sentiment: Holiday market action — Benzinga highlights Starbucks among consumer names that closed higher during holiday trading, reflecting investor appetite for seasonal beneficiaries. Read More.
• Neutral Sentiment: Labor update — CNBC coverage (YouTube) reports that management says baristas at a majority of striking locations want to return to work, which could reduce near-term operating disruptions if sustained. Read More.
• Neutral Sentiment: Key 2026 watch points — The Motley Fool outlines three factors investors should watch (customer engagement, China strategy including a potential local partner, and execution of the turnaround). Useful roadmap for longer-term thesis but not an immediate catalyst. Read More.
• Neutral Sentiment: Options trade idea — Investor’s Business Daily presents a short-term bear call spread trade idea that income-focused traders might use; highlights that earnings (late Jan/early Feb) are a near-term event risk. Read More.
• Neutral Sentiment: Short-interest data appears unreliable — a December short-interest entry shows zeros/NaN, indicating no meaningful short-covering signal from that data point. Treat as noise until clearer filings appear. (internal short-interest report)
• Negative Sentiment: Competitive/positioning critique — A UK Finance/Yahoo video argues Dutch Bros is a top pick for 2026 while saying Starbucks lags, underscoring investor concerns about growth differentiation and brand momentum. Read More.
• Negative Sentiment: Sell-side / retail selling mention — a TalkMarkets post documents selling Starbucks in a personal dividend-income portfolio, a reminder some investors are trimming exposure amid the turnaround uncertainty. Read More.

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.