Everett Harris & Co. CA Lowers Stake in Starbucks Corporation $SBUX

Everett Harris & Co. CA reduced its position in Starbucks Corporation (NASDAQ:SBUX) by 3.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 989,373 shares of the coffee company’s stock after selling 34,806 shares during the quarter. Starbucks makes up about 1.0% of Everett Harris & Co. CA’s investment portfolio, making the stock its 21st largest holding. Everett Harris & Co. CA’s holdings in Starbucks were worth $83,701,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Game Plan Financial Advisors LLC bought a new position in Starbucks in the 2nd quarter worth $25,000. Transce3nd LLC lifted 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 acquiring an additional 200 shares in the last quarter. MTM Investment Management LLC bought a new position in shares of Starbucks in the second quarter worth about $28,000. PFS Partners LLC boosted its stake in shares of Starbucks by 457.4% in the third quarter. PFS Partners LLC now owns 340 shares of the coffee company’s stock worth $29,000 after acquiring an additional 279 shares during the period. Finally, REAP Financial Group LLC grew its position in shares of Starbucks by 119.4% during the second quarter. REAP Financial Group LLC now owns 362 shares of the coffee company’s stock worth $33,000 after purchasing an additional 197 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors.

Starbucks Stock Down 1.3%

Starbucks stock opened at $93.88 on Friday. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $117.46. The firm’s fifty day moving average is $87.96 and its 200 day moving average is $87.17. The company has a market cap of $106.75 billion, a price-to-earnings ratio of 77.59, a PEG ratio of 1.98 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data 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 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 quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, equities research analysts anticipate that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

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

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Q1 sales and traffic improvement — Starbucks reported a revenue beat ($9.92B) and its first U.S. transaction growth in two years, supporting the turnaround narrative and earlier stock strength. Starbucks Gets a Jolt After Earnings
• Positive Sentiment: Investor Day strategic initiatives — management showcased redesigned cafes, a long-term growth roadmap, AI-powered personalization and plans to convert momentum into sustainable growth; these are constructive for longer-term same-store-sales and margins if execution holds. Starbucks shows off redesigned cafes at 2026 investor day
• Positive Sentiment: Rewards relaunch to drive frequency — Starbucks will reintroduce a tiered Starbucks Rewards (Green/Gold/Reserve) on March 10 to encourage more visits and higher spend from its large U.S. member base. This is a direct demand-side lever. Starbucks Unveils Reimagined Loyalty Program
• Neutral Sentiment: Analyst views mixed — some firms reaffirm buy/raise price targets (e.g., $105), while others remain cautious or maintain hold ratings; consensus remains split on how fast margins recover. Analyst Coverage Summary
• Neutral Sentiment: Expansion plans vs. execution risk — management plans hundreds of new U.S. stores and added seating, which can drive growth but requires execution (and may pressure near-term capex). Starbucks sees room to expand
• Negative Sentiment: Profitability strain and guidance — EPS missed estimates ( $0.56 vs. ~$0.59) and full‑year EPS guidance (2.15–2.40) sits near or slightly below consensus, signaling margins remain pressured even as sales recover. Earnings and Guidance Details
• Negative Sentiment: Shareholder litigation risk and governance optics — investor‑rights firms (Halper Sadeh and others) announced probes into directors/officers, and the company loosened the cap on CEO private jet use; both increase headline risk and can weigh on sentiment. Halper Sadeh Investigation Notice
• Negative Sentiment: Questions on store-level health — critical commentary argues new openings won’t offset traffic declines at many legacy U.S. locations, highlighting execution and comp-risk that could undermine growth assumptions. Starbucks Comp Sales: Why New Stores Don’t Matter

Analyst Upgrades and Downgrades

A number of research firms recently commented on SBUX. Barclays reissued an “overweight” rating and issued a $110.00 price target (up from $95.00) on shares of Starbucks in a report on Wednesday, January 7th. Royal Bank Of Canada reissued an “outperform” rating and issued a $105.00 target price on shares of Starbucks in a report on Thursday. Wells Fargo & Company set a $110.00 target price on shares of Starbucks in a research report on Wednesday. Wall Street Zen upgraded shares of Starbucks from a “sell” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, Morgan Stanley set a $105.00 price target on shares of Starbucks and gave the stock an “overweight” rating in a research note on Monday, October 20th. Nineteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $104.04.

Insider Activity

In related news, Director Jorgen Vig Knudstorp bought 11,700 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was purchased at an average price of $85.00 per share, for a total transaction of $994,500.00. Following the acquisition, the director owned 53,096 shares in the company, valued at $4,513,160. This trade represents a 28.26% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.09% of the stock is owned by insiders.

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.