Banco Bilbao Vizcaya Argentaria S.A. Acquires 31,459 Shares of Starbucks Corporation $SBUX

Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in Starbucks Corporation (NASDAQ:SBUX) by 37.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 114,942 shares of the coffee company’s stock after acquiring an additional 31,459 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Starbucks were worth $9,715,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of SBUX. Brighton Jones LLC boosted its holdings in shares of Starbucks by 86.5% in the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock worth $16,126,000 after acquiring an additional 81,952 shares during the period. Schnieders Capital Management LLC. raised its stake in shares of Starbucks by 47.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company’s stock valued at $334,000 after purchasing an additional 1,164 shares during the period. Advisors Capital Management LLC raised its stake in shares of Starbucks by 16.8% during the 2nd quarter. Advisors Capital Management LLC now owns 15,400 shares of the coffee company’s stock valued at $1,411,000 after purchasing an additional 2,210 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in Starbucks by 22.5% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 5,578,977 shares of the coffee company’s stock worth $511,202,000 after purchasing an additional 1,026,056 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its holdings in Starbucks by 8.2% during the 2nd quarter. Foundations Investment Advisors LLC now owns 20,093 shares of the coffee company’s stock worth $1,841,000 after purchasing an additional 1,523 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on SBUX. UBS Group reaffirmed a “neutral” rating on shares of Starbucks in a report on Friday, January 30th. Wall Street Zen raised shares of Starbucks from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. Wolfe Research began coverage on shares of Starbucks in a research report on Monday, March 9th. They issued a “peer perform” rating for the company. Citigroup reduced their price objective on shares of Starbucks from $94.00 to $92.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $120.00 target price on shares of Starbucks in a report on Friday, January 30th. Seventeen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $104.22.

Starbucks Stock Down 1.0%

Shares of NASDAQ SBUX opened at $99.15 on Monday. The stock’s 50-day simple moving average is $95.28 and its two-hundred day simple moving average is $88.32. Starbucks Corporation has a twelve month low of $75.50 and a twelve month high of $104.82. The firm has a market capitalization of $112.96 billion, a P/E ratio of 81.94, a P/E/G ratio of 2.21 and a beta of 0.93.

Starbucks (NASDAQ:SBUX) last issued its quarterly 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). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter last year, the business posted $0.69 EPS. The business’s revenue 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, research analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

Insider Activity at Starbucks

In other news, EVP Sara Kelly sold 2,500 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $242,800.00. Following the transaction, the executive vice president owned 59,609 shares of the company’s stock, valued at $5,789,226.08. This represents a 4.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Brady Brewer sold 588 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $100.00, for a total transaction of $58,800.00. Following the sale, the chief executive officer owned 86,017 shares in the company, valued at approximately $8,601,700. This trade represents a 0.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 4,729 shares of company stock valued at $460,974. 0.03% of the stock is currently owned by company insiders.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Turnaround momentum: analysts and some prominent investors are calling Starbucks a recovery story after recent operational changes and a more generous rewards program that appears to be boosting demand. Josh Brown names SBUX a top stock
• Positive Sentiment: Customer loyalty actions: Starbucks revamped its rewards program to drive frequency and AUV recovery — a potential tailwind for same‑store sales if sustained. Rewards program update
• Neutral Sentiment: Corporate and governance items: the company will webcast its March 25 annual meeting (forum for investor questions), and the CEO made small disclosed stock sales (minor ownership reduction). These are informational but not immediate operational catalysts. Annual meeting webcast SEC Form 4
• Negative Sentiment: Proxy‑advisor warnings: two proxy advisory firms flagged that Starbucks may be under‑estimating the financial and reputational risks from persistent labor disputes — a governance red flag that can pressure the stock and complicate investor support. Reuters: proxy firms warn Starbucks Seeking Alpha: proxy firms warn
• Negative Sentiment: Union restarts and contract push: Starbucks Workers United submitted a detailed contract proposal seeking a $17 minimum start wage and 4% annual raises and is seeking to reopen bargaining — this raises the prospect of higher labor costs and renewed store‑level disruption. Yahoo Finance: union contract proposal CNBC: details of baristas’ asks
• Negative Sentiment: Market reaction and analyst caution: coverage notes the union trying to restart talks and some firms moving to more cautious stances — near‑term investor anxiety over labor negotiations is weighing on the stock. TipRanks: union talks pressure stock WSJ: union seeks to reopen negotiations
• Negative Sentiment: PR/governance noise: founder Howard Schultz’s relocation and related publicity about state tax policy add incremental governance/PR distraction during sensitive labor negotiations. Financial Post: Schultz relocation coverage

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.