Starbucks Corporation $SBUX Shares Sold by Covea Finance

Covea Finance trimmed its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 40.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,994 shares of the coffee company’s stock after selling 56,000 shares during the period. Covea Finance’s holdings in Starbucks were worth $7,021,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SBUX. Game Plan Financial Advisors LLC acquired a new position in Starbucks during the second quarter worth $25,000. Transce3nd LLC increased its position in shares of Starbucks by 270.3% in the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after buying an additional 200 shares in the last quarter. Chelsea Counsel Co. purchased a new position in shares of Starbucks in the second quarter valued at $26,000. CBIZ Investment Advisory Services LLC raised its stake in shares of Starbucks by 125.2% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 286 shares of the coffee company’s stock worth $28,000 after buying an additional 159 shares during the last quarter. Finally, MTM Investment Management LLC purchased a new stake in shares of Starbucks in the second quarter valued at about $28,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Starbucks Trading Up 0.6%

NASDAQ:SBUX opened at $84.38 on Friday. Starbucks Corporation has a twelve month low of $75.50 and a twelve month high of $117.46. The firm has a market capitalization of $95.94 billion, a price-to-earnings ratio of 51.45, a PEG ratio of 1.76 and a beta of 0.98. The firm’s fifty day simple moving average is $84.84 and its 200 day simple moving average is $87.63.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data on Wednesday, October 29th. The coffee company reported $0.52 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 company had revenue of $9.57 billion for the quarter, compared to analyst estimates of $9.41 billion. During the same quarter in the prior year, the firm earned $0.80 EPS. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. On average, analysts predict that Starbucks Corporation will post 2.99 earnings per share for the current year.

Starbucks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, February 13th. Starbucks’s dividend payout ratio is currently 151.22%.

Insiders Place Their Bets

In other news, Director Jorgen Vig Knudstorp purchased 11,700 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The shares were purchased at an average price of $85.00 per share, with a total value of $994,500.00. Following the purchase, the director directly owned 53,096 shares of the company’s stock, valued at approximately $4,513,160. This represents a 28.26% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.09% of the company’s stock.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Strong holiday demand — multiple outlets report that roughly 1 in 5 Americans will receive a Starbucks gift card this season, supporting near-term sales and customer reactivation. Read More.
• Positive Sentiment: Holiday market action — Benzinga highlights Starbucks among consumer names that closed higher during holiday trading, reflecting investor appetite for seasonal beneficiaries. Read More.
• Neutral Sentiment: Labor update — CNBC coverage (YouTube) reports that management says baristas at a majority of striking locations want to return to work, which could reduce near-term operating disruptions if sustained. Read More.
• Neutral Sentiment: Key 2026 watch points — The Motley Fool outlines three factors investors should watch (customer engagement, China strategy including a potential local partner, and execution of the turnaround). Useful roadmap for longer-term thesis but not an immediate catalyst. Read More.
• Neutral Sentiment: Options trade idea — Investor’s Business Daily presents a short-term bear call spread trade idea that income-focused traders might use; highlights that earnings (late Jan/early Feb) are a near-term event risk. Read More.
• Neutral Sentiment: Short-interest data appears unreliable — a December short-interest entry shows zeros/NaN, indicating no meaningful short-covering signal from that data point. Treat as noise until clearer filings appear. (internal short-interest report)
• Negative Sentiment: Competitive/positioning critique — A UK Finance/Yahoo video argues Dutch Bros is a top pick for 2026 while saying Starbucks lags, underscoring investor concerns about growth differentiation and brand momentum. Read More.
• Negative Sentiment: Sell-side / retail selling mention — a TalkMarkets post documents selling Starbucks in a personal dividend-income portfolio, a reminder some investors are trimming exposure amid the turnaround uncertainty. Read More.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Citigroup reduced their price objective on Starbucks from $84.00 to $83.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. BMO Capital Markets restated an “outperform” rating on shares of Starbucks in a report on Thursday, October 30th. Morgan Stanley set a $105.00 target price on Starbucks and gave the stock an “overweight” rating in a research report on Monday, October 20th. Dbs Bank lowered shares of Starbucks from a “hold” rating to a “strong sell” rating in a report on Friday, November 7th. Finally, TD Cowen reaffirmed a “hold” rating and set a $84.00 price target on shares of Starbucks in a research note on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $101.44.

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.