Starbucks Corporation $SBUX Stake Lessened by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC decreased its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 5.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,195 shares of the coffee company’s stock after selling 7,109 shares during the period. Mutual of America Capital Management LLC’s holdings in Starbucks were worth $10,422,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Starbucks by 0.7% in 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 raised its position in Starbucks by 1.2% in the second 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 lifted its holdings in Starbucks by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 25,846,634 shares of the coffee company’s stock valued at $2,357,815,000 after acquiring an additional 99,983 shares during the last quarter. Norges Bank bought a new position in shares of Starbucks during the 2nd quarter valued at about $1,246,316,000. Finally, Invesco Ltd. grew 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 worth $1,169,011,000 after purchasing an additional 1,286,451 shares during the last quarter. 72.29% of the stock is owned by institutional investors.

Starbucks Stock Performance

SBUX stock opened at $96.33 on Tuesday. The firm has a 50 day simple moving average of $87.25 and a 200 day simple moving average of $87.06. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $117.46. The stock has a market cap of $109.54 billion, a P/E ratio of 58.74, a P/E/G ratio of 2.07 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last released its earnings results on Wednesday, October 29th. The coffee company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.03). The company had revenue of $9.57 billion during the quarter, compared to analysts’ expectations of $9.41 billion. Starbucks had a negative return on equity of 31.32% and a net margin of 4.99%.The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.80 EPS. Sell-side analysts predict that Starbucks Corporation will post 2.99 EPS for the current year.

Starbucks Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on SBUX shares. Barclays restated an “overweight” rating and set a $110.00 target price (up from $95.00) on shares of Starbucks in a report on Wednesday, January 7th. TD Cowen restated a “hold” rating and issued a $84.00 target price on shares of Starbucks in a report on Monday, December 1st. Mizuho upped their target price on Starbucks from $86.00 to $95.00 and gave the company a “neutral” rating in a report on Monday. Piper Sandler decreased their price target on Starbucks from $105.00 to $100.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. Finally, Wells Fargo & Company set a $100.00 price objective on shares of Starbucks and gave the company an “overweight” rating in a research note on Thursday, October 16th. Eighteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $103.50.

Insiders Place Their Bets

In other news, Director Jorgen Vig Knudstorp purchased 11,700 shares of the business’s stock in a transaction dated Monday, November 10th. The stock was bought at an average cost 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 trade represents a 28.26% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.09% of the stock is currently owned by insiders.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: CEO execution: Brian Niccol has spent heavily on barista training and store improvements in his first year, which management says should help drive the “Back to Starbucks” recovery and customer experience gains. What Starbucks’s New CEO Has Changed, and What He Says Is Next on His List
• Positive Sentiment: Recent performance highlight: Zacks notes SBUX was a standout in its short-term portfolios, reflecting recent upside momentum that could support a recovery if upcoming results beat expectations. Take the Zacks Approach to Beat the Markets: Drilling Tools, Alcoa & Starbucks in Focus
• Neutral Sentiment: Analyst stance: Mizuho bumped its price target to $95 but kept a Neutral rating, signaling limited upside from current levels even after the raise. Starbucks price target raised by Mizuho
• Neutral Sentiment: Volatility priced in: Options traders are pricing an ~8% move around earnings, indicating the market expects a sizable post-report reaction (direction uncertain). That raises near-term risk even if the long-term thesis is intact. Starbucks Is About to Report Q1 Earnings. Options Traders Are Expecting an 8.08% Move in SBUX Stock
• Neutral Sentiment: Earnings preview coverage: Multiple outlets preview Starbucks’ earnings release and underline that while sales momentum exists, EPS is expected to decline — making the print a binary catalyst. Starbucks (SBUX) reports earnings tomorrow: What to expect
• Negative Sentiment: Earnings concern: UBS/Proactive coverage warns Q1 EPS is likely to drop despite sales momentum, keeping investor focus on margin recovery and whether the “Back to Starbucks” actions translate to profit. Starbucks set to report drop in earnings for Q1 despite sales momentum
• Negative Sentiment: Market skepticism: Jim Cramer flagged SBUX as “wildly overbought,” suggesting short-term selling pressure if results aren’t “insanely strong.” That commentary can amplify downside on a miss. Jim Cramer on Starbucks: “It Can’t Keep Climbing Unless the Numbers Are Insanely Strong”
• Negative Sentiment: Execution doubts: Critiques about the “four-minute rule” and a Seeking Alpha piece questioning dividend sustainability add to investor wariness about margin recovery and capital returns. The Story Behind the Four-Minute Rule Proves No Help for Starbucks Stock ‘The King Is Naked’: Uncomfortable Truths About Starbucks’ Dividend (Earnings Preview)

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.