Callahan Advisors LLC Reduces Holdings in Starbucks Corporation $SBUX

Callahan Advisors LLC reduced its stake in Starbucks Corporation (NASDAQ:SBUX) by 38.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,135 shares of the coffee company’s stock after selling 6,888 shares during the quarter. Callahan Advisors LLC’s holdings in Starbucks were worth $942,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of SBUX. Game Plan Financial Advisors LLC purchased a new position in shares of Starbucks in the second quarter worth $25,000. Transce3nd LLC increased its position in shares of Starbucks by 270.3% in the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after acquiring an additional 200 shares during the period. Chelsea Counsel Co. purchased a new position in Starbucks in the 2nd quarter worth $26,000. MTM Investment Management LLC acquired a new stake in Starbucks during the 2nd quarter worth about $28,000. Finally, PFS Partners LLC grew its stake in 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 purchasing an additional 279 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Insiders Place Their Bets

In other Starbucks news, Director Jorgen Vig Knudstorp purchased 11,700 shares of Starbucks stock in a transaction that occurred on Monday, November 10th. The stock was bought at an average price of $85.00 per share, with a total value of $994,500.00. Following the acquisition, the director owned 53,096 shares of the company’s stock, valued at $4,513,160. This trade represents a 28.26% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SBUX. Dbs Bank cut Starbucks from a “hold” rating to a “strong sell” rating in a research note on Friday, November 7th. UBS Group set a $94.00 price target on shares of Starbucks and gave the stock a “neutral” rating in a research report on Tuesday, October 21st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Starbucks in a report on Thursday, October 30th. William Blair upgraded shares of Starbucks from a “market perform” rating to an “outperform” rating in a research note on Thursday. Finally, Zacks Research cut shares of Starbucks from a “hold” rating to a “strong sell” rating in a report on Monday, December 29th. Seventeen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $103.15.

Starbucks Price Performance

Shares of NASDAQ SBUX opened at $97.62 on Monday. The stock has a market capitalization of $111.00 billion, a price-to-earnings ratio of 59.52, a PEG ratio of 2.07 and a beta of 0.97. The firm’s 50 day simple moving average is $87.00 and its 200-day simple moving average is $87.05. Starbucks Corporation has a 12 month low of $75.50 and a 12 month 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 negative return on equity of 31.32% and a net margin of 4.99%.The firm had revenue of $9.57 billion for the quarter, compared to analysts’ expectations of $9.41 billion. During the same period last year, the company posted $0.80 earnings per share. The business’s quarterly revenue was up 5.5% on a year-over-year basis. Analysts anticipate that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, February 13th. Starbucks’s payout ratio is currently 151.22%.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: BofA raised its price target to $114, signaling stronger analyst conviction in Starbucks’ outlook and providing an immediate valuation tailwind for the shares. Bank of America Boosts Starbucks Price Target to $114
• Positive Sentiment: BTIG reaffirmed a “buy” rating with a $105 target, adding to analyst support that helps sustain recent investor momentum. BTIG Reaffirms Buy on Starbucks
• Positive Sentiment: Starbucks announced an Investor Day for Jan. 29 where management (CEO Brian Niccol and CFO Cathy Smith) will unveil long-term strategy and answer questions — a catalyst that can reset investor expectations if management provides credible margin or growth targets. Starbucks to Host 2026 Investor Day
• Positive Sentiment: Operational initiatives — described as “coffeehouse coaches” — are being credited with improving store execution and easing labor tensions, a constructive sign for same-store sales and throughput. Coffeehouse Coaches Give Starbucks Stock a Boost
• Neutral Sentiment: Analyst and media coverage notes a strong year-to-date rally in SBUX; coverage frames the move as momentum ahead of earnings rather than a confirmed turnaround. This buoyancy can attract momentum traders but raises expectations. Starbucks Huge 2026 Rally
• Neutral Sentiment: Zacks previews ahead of Q1 earnings provide consensus estimates and key metrics to watch (traffic, AUVs, margin trends); these previews are informational but underscore that results will be the immediate catalyst. Ahead of Starbucks Q1 Earnings: Estimates for Key Metrics
• Neutral Sentiment: Zacks and other outlets flag that while traffic and sales are stabilizing, EPS pressure from costs and a premium valuation leave little room for disappointment at the upcoming report. Should You Buy, Sell or Hold Before Q1 Earnings?
• Negative Sentiment: A local “cup kerfuffle” in Tucson drew negative headlines and briefly raised reputational and operational risk questions; while the incident hasn’t halted the rally, it shows headline risk still exists for a consumer-facing brand. Another Cup Kerfuffle Hits Starbucks in Tucson
• Neutral Sentiment: Broader analyst commentary discusses shifting price targets and fair-value assumptions — useful context but not an immediate operational driver. How Changing Analyst Stories Shape Starbucks Price Targets

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.