Starbucks Corporation $SBUX Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 1.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,874,229 shares of the coffee company’s stock after selling 132,148 shares during the quarter. Bank of New York Mellon Corp’s holdings in Starbucks were worth $666,160,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in 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 buying an additional 802,053 shares during the period. State Street Corp boosted its stake in shares of Starbucks by 1.2% during the 2nd quarter. State Street Corp now owns 47,513,332 shares of the coffee company’s stock worth $4,353,647,000 after acquiring an additional 544,534 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Starbucks by 0.4% during 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 acquiring an additional 99,983 shares in the last quarter. Norges Bank acquired a new stake in shares of Starbucks during the 2nd quarter valued at about $1,246,316,000. Finally, Invesco Ltd. increased its stake in shares of Starbucks by 11.2% in the 2nd quarter. Invesco Ltd. now owns 12,757,954 shares of the coffee company’s stock valued at $1,169,011,000 after purchasing an additional 1,286,451 shares in the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Jorgen Vig Knudstorp purchased 11,700 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director directly owned 53,096 shares of the company’s stock, valued at approximately $4,513,160. This trade represents a 28.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.09% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on SBUX. Piper Sandler lowered their price target on Starbucks from $105.00 to $100.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Susquehanna set a $114.00 target price on Starbucks in a research report on Wednesday, January 21st. UBS Group set a $94.00 price target on shares of Starbucks and gave the company a “neutral” rating in a research note on Tuesday, October 21st. Royal Bank Of Canada set a $100.00 price objective on shares of Starbucks and gave the stock an “outperform” rating in a research report on Thursday, October 30th. Finally, Wall Street Zen upgraded shares of Starbucks from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Eighteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $103.50.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Revenue beat and sales rebound — Starbucks reported $9.92B in revenue (above estimates) and the company said global comparable store sales rose ~4%, with U.S. comps and transactions improving for the first time in quarters, which fueled optimism about the turnaround. Starbucks Gets a Jolt After Earnings, But Will the Buzz Last?
• Positive Sentiment: Operational traction — Management says the “Back to Starbucks” plan is ahead of schedule; tech and staffing fixes have eased mobile-order bottlenecks and produced the first U.S. transaction growth in two years. This underpins confidence that traffic gains can sustain revenue. Tech overhaul helps Starbucks post first U.S. transaction growth in two years
• Positive Sentiment: Digital strategy highlighted — Management flagged digital platforms as a core part of the next turnaround phase, which could lift customer frequency and lifetime value if execution continues. Starbucks Says Digital Platforms Are Key Piece of Turnaround Strategy
• Neutral Sentiment: Guidance is mixed — Starbucks set FY‑2026 EPS guidance of $2.15–$2.40, which overlaps consensus but sits toward the low side; investors are parsing whether revenue momentum will translate to margin recovery. Starbucks Reports Q1 Fiscal Year 2026 Results
• Neutral Sentiment: Analyst reaction and valuation debate — Some outlets and commentators (including a price‑target move from Mizuho and bullish TV commentary) pushed buying interest, but SBUX’s premium valuation raises the bar for continued rallies. Mizuho Boosts Starbucks Price Target
• Negative Sentiment: EPS miss and margin pressure — EPS of $0.56 missed consensus by a few cents and Starbucks disclosed ongoing margin headwinds from investments and input costs, which tempers enthusiasm despite the revenue beat. Starbucks (SBUX) Misses Q1 Earnings Estimates
• Negative Sentiment: Corporate-cost optics — Starbucks removed the $250k cap on CEO Brian Niccol’s use of the company jet citing security, a change some investors view as an avoidable incremental cost/PR risk. Starbucks removes cap on CEO’s use of company’s private jet, citing security concerns
• Negative Sentiment: Legal scrutiny — Shareholder law firm Johnson Fistel launched an investigation into potential board fiduciary breaches, adding regulatory/legal overhang and potential distraction for management. Legal Investigation Launched: Johnson Fistel Scrutinizes Starbucks

Starbucks Stock Performance

Shares of SBUX stock opened at $95.16 on Thursday. Starbucks Corporation has a fifty-two week low of $75.50 and a fifty-two week high of $117.46. The stock’s fifty day moving average is $87.73 and its two-hundred day moving average is $87.12. The firm has a market capitalization of $108.21 billion, a P/E ratio of 58.02, a PEG ratio of 1.94 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Wednesday, January 28th. The coffee company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). The business had revenue of $9.92 billion during the quarter, compared to analyst estimates of $9.62 billion. Starbucks had a net margin of 4.99% and a negative return on equity of 31.32%. Starbucks’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the company earned $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, equities analysts forecast that Starbucks Corporation will post 2.99 earnings per share for the current year.

Starbucks Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, February 13th. Starbucks’s payout ratio is currently 151.22%.

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.