Laffer Tengler Investments Inc. boosted its holdings in Starbucks Corporation (NASDAQ:SBUX – Free Report) by 39.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,718 shares of the coffee company’s stock after purchasing an additional 23,526 shares during the quarter. Starbucks comprises 1.1% of Laffer Tengler Investments Inc.’s investment portfolio, making the stock its 28th largest holding. Laffer Tengler Investments Inc.’s holdings in Starbucks were worth $7,083,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its position in Starbucks by 86.5% in the 4th quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock valued at $16,126,000 after acquiring an additional 81,952 shares during the period. Schnieders Capital Management LLC. grew its stake in shares of Starbucks by 47.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company’s stock valued at $334,000 after purchasing an additional 1,164 shares during the last quarter. Sigma Planning Corp increased its holdings in shares of Starbucks by 4.4% in the second quarter. Sigma Planning Corp now owns 21,872 shares of the coffee company’s stock valued at $2,004,000 after purchasing an additional 929 shares during the period. K.J. Harrison & Partners Inc acquired a new stake in shares of Starbucks during the second quarter worth $459,000. Finally, Bridgewater Advisors Inc. grew its position in Starbucks by 3.9% in the 2nd quarter. Bridgewater Advisors Inc. now owns 9,676 shares of the coffee company’s stock valued at $894,000 after buying an additional 359 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts have commented on the stock. TD Cowen restated a “hold” rating and set a $89.00 price objective (up from $84.00) on shares of Starbucks in a research report on Friday, January 30th. Citigroup cut their price target on shares of Starbucks from $94.00 to $92.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Guggenheim restated a “buy” rating and issued a $90.00 price objective on shares of Starbucks in a research report on Monday, January 26th. Bank of America set a $114.00 target price on Starbucks in a research report on Wednesday, January 21st. Finally, Wells Fargo & Company set a $110.00 target price on Starbucks in a research note on Wednesday, January 28th. Eighteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.31.
Key Starbucks News
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: High-profile endorsement: Jim Cramer reiterated his bullish stance on Starbucks, which can support investor confidence and short-term buying interest. Jim Cramer on Starbucks
- Positive Sentiment: Store experience refresh: Starbucks plans two major changes across ~1,000 stores in 2026 (seating/mugs and other in-store updates) aimed at improving the customer experience and traffic. This could help stabilize comp-store sales if execution drives frequency. Store updates article
- Positive Sentiment: Retail expansion: Starbucks is pushing trend-driven drinks into grocery and convenience channels, a revenue diversification move that can boost packaged-beverage sales and margins over time. Retail product expansion
- Positive Sentiment: Analyst view: A consensus “Moderate Buy” rating from analysts provides supportive institutional sentiment and can limit downside in weak sessions. Analyst consensus
- Neutral Sentiment: New Nashville office: Starbucks will open a corporate office in Nashville and relocate some supply‑chain roles from Seattle later this year. The move could lower costs and improve U.S. expansion execution, but also creates transitional costs and potential PR/headcount risks—so impact is mixed near term. Nashville office report
- Neutral Sentiment: Competitive context: Industry peers are updating store formats (e.g., Schlotzsky’s rebrand) — not directly Starbucks-specific but part of a broader quick‑service push to smaller footprints and pickup formats that could shift market dynamics slowly. Competitive trends
- Negative Sentiment: Store closures spawning competitors: Analysis suggests closures and remodels have created openings for regional competitors, a near-term headwind to traffic and market share in affected neighborhoods. Closed stores spawn competitors
- Negative Sentiment: Rewards program concerns: Reports flag investor worry that changes to Starbucks’ loyalty program may not deliver the expected financial benefits, risking slower spend per member or churn among frequent customers. Rewards program concerns
Starbucks Trading Down 0.1%
SBUX stock opened at $96.68 on Wednesday. The company has a market cap of $110.15 billion, a P/E ratio of 79.90, a P/E/G ratio of 2.16 and a beta of 0.93. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $115.27. The company’s 50-day moving average price is $92.89 and its 200 day moving average price is $87.71.
Starbucks (NASDAQ:SBUX – Get Free Report) last issued its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). The company had revenue of $9.92 billion during 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 company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the business posted $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, equities research analysts expect that Starbucks Corporation will post 2.99 earnings per share for the current year.
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.
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