Atlantic Union Bankshares Corp Increases Stock Position in Starbucks Corporation $SBUX

Atlantic Union Bankshares Corp raised its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 29.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 81,177 shares of the coffee company’s stock after acquiring an additional 18,633 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Starbucks were worth $6,868,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SBUX. Cooper Haims Advisors LLC boosted its holdings 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 purchasing an additional 110 shares during the period. Silver Oak Securities Incorporated grew its holdings in shares of Starbucks by 2.4% in the 3rd quarter. Silver Oak Securities Incorporated now owns 5,288 shares of the coffee company’s stock worth $447,000 after acquiring an additional 122 shares during the last quarter. Pioneer Trust Bank N A OR grew its position in Starbucks by 1.1% during the 3rd quarter. Pioneer Trust Bank N A OR now owns 11,437 shares of the coffee company’s stock worth $968,000 after purchasing an additional 125 shares in the last quarter. Catalyst Capital Advisors LLC boosted its holdings in shares of Starbucks by 6.6% during the second quarter. Catalyst Capital Advisors LLC now owns 2,049 shares of the coffee company’s stock worth $188,000 after purchasing an additional 126 shares during the period. Finally, Pavion Blue Capital LLC raised its stake in shares of Starbucks by 0.9% during the 2nd quarter. Pavion Blue Capital LLC now owns 14,118 shares of the coffee company’s stock worth $1,294,000 after purchasing an additional 126 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: U.S. same‑store sales and traffic improvements point to a consumer recovery and helped lift sentiment that Starbucks’ turnaround is working; sustained traffic gains would support revenue and margin recovery. Starbucks Sees Robust Same-Store Sales. Can the Stock’s Momentum Continue?
• Positive Sentiment: Management is pushing tech-driven initiatives — drive‑thru robots and AI chatbots to speed service and lower labor costs — which, if scaled successfully, could boost throughput and margins over time. Starbucks Believes Drive-Thru Robots are the Right Blend to Perk-Up Sales
• Positive Sentiment: Product innovation tied to consumer health trends — CEO Brian Niccol cites GLP‑1 effects as a driver for more protein-forward items — could help Starbucks capture incremental ticket and visits. Starbucks CEO Brian Niccol says rise of GLP-1s is behind company’s protein push
• Positive Sentiment: Investor Day showcased the new café model and management’s comeback plan; visible execution in store pilots supports the case that initiatives could translate into sustainable sales growth. We went to Starbucks’ first investor day in 3 years, toured its new café model, and saw its comeback plan in action
• Positive Sentiment: Starbucks is pushing cup recycling and sustainability initiatives — a long‑term brand/ESG positive that can reduce regulatory and reputational risk and appeal to ESG‑focused investors. Starbucks Cup Recycling Push Adds New Dimension To Investment Story
• Neutral Sentiment: Coverage pieces highlight a Catch‑22: strong tech/AI narratives lift sentiment, but execution risk and capital intensity leave the stock exposed to disappointment if results don’t follow. The Starbucks Conundrum: Starbucks Stock (NASDAQ:SBUX) Notches Up Amid Focus on AI
• Neutral Sentiment: Opinion/visit pieces (Seeking Alpha, YouTube coverage) provide qualitative color on store experience and competition; useful for trend spotting but less directly actionable for near‑term price moves. I Went To Luckin Coffee And Starbucks: Why I Am Choosing Their Coffee Over Both Shares
• Negative Sentiment: Analyst action: Citigroup trimmed its price target to $92 and moved to a “neutral” rating — a modest headwind that can pressure sentiment when combined with a high P/E and recent EPS miss. Citigroup price target cut / neutral rating

Starbucks Stock Down 0.3%

Shares of SBUX stock opened at $91.69 on Tuesday. The business has a fifty day simple moving average of $88.26 and a 200 day simple moving average of $87.08. The company has a market cap of $104.46 billion, a P/E ratio of 75.78, a P/E/G ratio of 2.08 and a beta of 0.97. Starbucks Corporation has a twelve month low of $75.50 and a twelve month high of $117.46.

Starbucks (NASDAQ:SBUX) last posted its earnings results 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 firm had revenue of $9.92 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter in the prior year, the business posted $0.69 earnings per share. Starbucks’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. As a group, equities research analysts anticipate that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, February 13th. Starbucks’s payout ratio is currently 204.96%.

Insider Buying and Selling at Starbucks

In related news, Director Jorgen Vig Knudstorp acquired 11,700 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were bought at an average price of $85.00 per share, with a total value of $994,500.00. Following the transaction, the director directly owned 53,096 shares of the company’s stock, valued at $4,513,160. This trade represents a 28.26% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.09% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

SBUX has been the topic of a number of recent analyst reports. Zacks Research upgraded Starbucks from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 27th. Sanford C. Bernstein restated an “outperform” rating on shares of Starbucks in a research report on Monday, January 26th. Citigroup decreased their price objective on Starbucks from $94.00 to $92.00 and set a “neutral” rating for the company in a research note on Monday. Guggenheim restated a “buy” rating and set a $90.00 target price on shares of Starbucks in a report on Monday, January 26th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $120.00 target price on shares of Starbucks in a research report on Friday. 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $104.67.

Starbucks 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.