Pegasus Asset Management Inc. Purchases 10,459 Shares of Starbucks Corporation $SBUX

Pegasus Asset Management Inc. boosted its position in Starbucks Corporation (NASDAQ:SBUX) by 74.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 24,527 shares of the coffee company’s stock after acquiring an additional 10,459 shares during the period. Pegasus Asset Management Inc.’s holdings in Starbucks were worth $2,075,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SBUX. Trifecta Capital Advisors LLC boosted its holdings in Starbucks by 6.4% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 31,887 shares of the coffee company’s stock worth $2,698,000 after buying an additional 1,906 shares during the period. Valley Wealth Managers Inc. lifted its position in shares of Starbucks by 3.9% during the third quarter. Valley Wealth Managers Inc. now owns 48,697 shares of the coffee company’s stock worth $4,120,000 after acquiring an additional 1,829 shares in the last quarter. Benedict Financial Advisors Inc. boosted its holdings in shares of Starbucks by 1.8% in the third quarter. Benedict Financial Advisors Inc. now owns 47,680 shares of the coffee company’s stock worth $4,034,000 after acquiring an additional 865 shares during the period. Capital Investment Services of America Inc. boosted its holdings in shares of Starbucks by 1.2% in the third quarter. Capital Investment Services of America Inc. now owns 184,152 shares of the coffee company’s stock worth $15,579,000 after acquiring an additional 2,246 shares during the period. Finally, AE Wealth Management LLC grew its position in shares of Starbucks by 30.0% in the third quarter. AE Wealth Management LLC now owns 55,083 shares of the coffee company’s stock valued at $4,660,000 after purchasing an additional 12,711 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on SBUX shares. UBS Group restated a “neutral” rating on shares of Starbucks in a research note on Friday. William Blair raised shares of Starbucks from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 22nd. Zacks Research upgraded shares of Starbucks from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Barclays set a $116.00 price target on shares of Starbucks and gave the company an “overweight” rating in a report on Friday. Finally, Wall Street Zen upgraded Starbucks from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Nineteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Starbucks has an average rating of “Moderate Buy” and an average target price of $104.26.

Insiders Place Their Bets

In related news, Director Jorgen Vig Knudstorp acquired 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, with a total value of $994,500.00. Following the completion of the purchase, the director owned 53,096 shares in the company, valued at $4,513,160. This trade represents a 28.26% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.09% of the company’s stock.

Starbucks Stock Performance

SBUX stock opened at $93.88 on Friday. The company has a market capitalization of $106.75 billion, a PE ratio of 77.59, a price-to-earnings-growth ratio of 1.98 and a beta of 0.97. The company’s 50 day moving average price is $87.96 and its two-hundred day moving average price is $87.17. Starbucks Corporation has a one year low of $75.50 and a one year high of $117.46.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.03). The business had revenue of $9.92 billion for the quarter, compared to analysts’ expectations of $9.62 billion. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, research analysts predict that Starbucks Corporation will post 2.99 EPS for the current year.

Starbucks Dividend Announcement

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 paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, February 13th. Starbucks’s payout ratio is 151.22%.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Q1 revenue and traffic beat — Starbucks reported $9.92B in revenue, global comparable-store sales rose ~4% with the U.S. posting its first transaction growth in two years, signalling early traction on the “Back to Starbucks” turnaround. Starbucks Gets a Jolt After Earnings, But Will the Buzz Last?
• Positive Sentiment: Rebuilt loyalty program — Starbucks will relaunch a three-tier U.S. Rewards structure (Green/Gold/Reserve) on March 10 to drive frequency and personalization; this is designed to increase visits and spend per member. Starbucks Unveils Reimagined Loyalty Program
• Positive Sentiment: Investor Day strategy — management outlined store redesigns, AI-driven customization, beverage innovation and plans to open new U.S. stores, supporting a long‑term growth and digital engagement thesis. Starbucks Investor/Analyst Day Transcript
• Neutral Sentiment: Analyst reactions mixed — some firms (RBC/BTIG) reaffirmed bullish views and $105 price targets, while others remain cautious (UBS hold), reflecting differing views on execution risk vs. growth potential. Benzinga Analyst Notes
• Negative Sentiment: EPS miss and profitability pressure — EPS of $0.56 missed estimates (~$0.59) and margins remain pressured as the company prioritizes staffing, store experience and digital investments. Q1 2026 Earnings Call Highlights
• Negative Sentiment: Forward guidance and valuation — FY2026 EPS guide was modest and Starbucks updated FY2028 EPS to 3.350–4.000 (below some consensus points), while the stock trades at a premium multiple, leaving limited upside unless margins recover.
• Negative Sentiment: Governance/legal overhangs and optics — shareholder-law firms (Halper Sadeh, Johnson Fistel) have opened inquiries and the company drew negative attention for loosening limits on CEO aircraft use; these issues add short-term headline risk. Halper Sadeh LLC Notice

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.