9,267 Shares in Starbucks Corporation $SBUX Acquired by CenterBook Partners LP

CenterBook Partners LP acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) in the third quarter, HoldingsChannel reports. The firm acquired 9,267 shares of the coffee company’s stock, valued at approximately $784,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of Starbucks in the second quarter worth about $1,246,316,000. Corient Private Wealth LLC boosted its position in Starbucks by 146.6% in the 2nd quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock valued at $553,201,000 after buying an additional 3,596,014 shares during the period. Invesco Ltd. grew its stake in Starbucks by 11.2% in the 2nd quarter. Invesco Ltd. now owns 12,757,954 shares of the coffee company’s stock worth $1,169,011,000 after acquiring an additional 1,286,451 shares in the last quarter. California Public Employees Retirement System increased its position in shares of Starbucks by 68.0% during the second quarter. California Public Employees Retirement System now owns 3,027,814 shares of the coffee company’s stock worth $277,439,000 after acquiring an additional 1,225,447 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Starbucks by 22.5% during the second quarter. Massachusetts Financial Services Co. MA now owns 5,578,977 shares of the coffee company’s stock worth $511,202,000 after acquiring an additional 1,026,056 shares during the period. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Morning traffic recovery — several reports note Starbucks is winning back morning customers, supporting higher same-store sales and reinforcing core-store economics that underpin margin recovery. Starbucks Needs You to Buy an Afternoon Refresher WSJ: Starbucks Needs You to Buy an Afternoon Refresher
• Positive Sentiment: Brand/PR boost — company grant to Feed the Children highlights CSR programs (FoodShare) and community engagement, modestly supportive of reputation and long-term brand value. Feed the Children Strengthens Hunger Relief Efforts Through Starbucks FoodShare Capacity Building Grant
• Neutral Sentiment: Valuation/analysis coverage — a DuPont-based valuation piece and buy/hold comparisons (Dutch Bros vs Starbucks) are prompting debate on whether SBUX should be treated as a growth or value story; this sustains analyst activity and trading interest but offers mixed directional signal. Seeking Alpha: 3-Step DuPont Model Fool: Dutch Bros vs. Starbucks
• Neutral Sentiment: Positive same-store anecdotes (e.g., viral cake-pop sales) provide short-term PR but so far haven’t overridden broader concerns. TipRanks: Cake Pop Sales
• Negative Sentiment: India expansion is a drag — multiple reports say Starbucks is expanding store counts and localizing menus in India despite rising losses there; investors worry about margin dilution and cash burn from aggressive rollout. Market Chatter: Starbucks India Expands TipRanks: Ramps Up Expansion in Loss-Making India
• Negative Sentiment: Reassessment/uncertainty in India — follow-up pieces note the company is reconsidering aspects of its India strategy, creating execution risk and short-term stock pressure. TipRanks: Reconsiders the Indian Market
• Negative Sentiment: Corporate governance/labor scrutiny — an investor revolt over labor oversight and board scrutiny raises governance risk and could lead to activism or reputational/headline pressure. Yahoo: Investor Revolt Over Starbucks Labor Oversight

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of Starbucks in a research note on Monday, December 29th. Zacks Research upgraded Starbucks from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. BTIG Research restated a “buy” rating and set a $105.00 price target on shares of Starbucks in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $113.00 price objective on shares of Starbucks in a research note on Thursday, January 29th. Finally, Bank of America set a $114.00 target price on shares of Starbucks in a research report on Wednesday, January 21st. Eighteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $104.31.

Starbucks Trading Up 1.8%

Shares of Starbucks stock opened at $97.49 on Friday. The firm’s 50 day simple moving average is $91.39 and its two-hundred day simple moving average is $87.50. The firm has a market capitalization of $111.07 billion, a price-to-earnings ratio of 80.57, a PEG ratio of 2.18 and a beta of 0.96. Starbucks Corporation has a 12-month low of $75.50 and a 12-month high of $117.46.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). The firm had revenue of $9.92 billion during the quarter, compared to analysts’ expectations of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The business’s revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business earned $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, sell-side analysts predict that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

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.