SteelPeak Wealth LLC Increases Position in Starbucks Corporation $SBUX

SteelPeak Wealth LLC increased its holdings in Starbucks Corporation (NASDAQ:SBUX) by 79.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 30,513 shares of the coffee company’s stock after acquiring an additional 13,467 shares during the quarter. SteelPeak Wealth LLC’s holdings in Starbucks were worth $2,581,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. PUREfi Wealth LLC acquired a new stake in shares of Starbucks during the second quarter worth approximately $286,000. Narwhal Capital Management raised its holdings in Starbucks by 39.6% in the second quarter. Narwhal Capital Management now owns 32,738 shares of the coffee company’s stock valued at $3,000,000 after acquiring an additional 9,282 shares in the last quarter. Morningstar Investment Management LLC bought a new position in Starbucks during the 2nd quarter valued at $653,000. Pegasus Asset Management Inc. bought a new position in Starbucks during the 2nd quarter valued at $1,289,000. Finally, Conning Inc. grew its holdings in Starbucks by 22.3% during the 2nd quarter. Conning Inc. now owns 386,106 shares of the coffee company’s stock worth $35,379,000 after acquiring an additional 70,468 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Transactions at Starbucks

In other Starbucks news, Director Jorgen Vig Knudstorp acquired 11,700 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was acquired at an average cost of $85.00 per share, with a total value of $994,500.00. Following the acquisition, the director directly owned 53,096 shares of the company’s stock, valued at $4,513,160. This represents a 28.26% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.09% of the stock is owned by company insiders.

Analysts Set New Price Targets

SBUX has been the topic of a number of recent analyst reports. Sanford C. Bernstein set a $100.00 target price on shares of Starbucks and gave the company an “outperform” rating in a research note on Thursday, October 30th. Morgan Stanley set a $105.00 price objective on Starbucks and gave the company an “overweight” rating in a report on Monday, October 20th. Wells Fargo & Company set a $100.00 price objective on Starbucks and gave the company an “overweight” rating in a research note on Thursday, October 16th. BMO Capital Markets reiterated an “outperform” rating on shares of Starbucks in a research report on Thursday, October 30th. Finally, Dbs Bank lowered Starbucks from a “hold” rating to a “strong sell” rating in a research report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $101.44.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts/upgrades highlighting improving U.S. comparable-store trends and the potential benefit from a China asset sale — commentary that supports revenue recovery and margin improvement. Starbucks: China Sale And U.S. Comps Improvement Are Encouraging (Rating Upgrade)
• Positive Sentiment: Analyst/column arguing that closing underperforming stores is the right strategic move — could lift per-store economics and margin over time even if it depresses near-term revenue. Starbucks: Closing Underperforming Stores Is A Step In The Right Direction
• Neutral Sentiment: Unusually large options volume detected — signals elevated short-term trading activity and positioning that can increase volatility independent of fundamentals. Watch options flow for directional clues. Starbucks Sees Unusually Large Options Volume (NASDAQ:SBUX)
• Negative Sentiment: Zacks Research cut multiple near- and medium-term EPS forecasts (Q1–Q4 2026, FY2026–FY2028 and several 2027 quarters) and maintains a “Strong Sell” rating — a coordinated set of downgrades that weighs on sentiment and could pressure the share price if other analysts follow. Why Starbucks (SBUX) Dipped More Than Broader Market Today

Starbucks Stock Down 0.3%

Shares of SBUX stock opened at $83.97 on Friday. The company has a market cap of $95.48 billion, a P/E ratio of 51.20, a PEG ratio of 1.76 and a beta of 0.97. The business has a 50 day moving average of $84.75 and a two-hundred day moving average of $87.28. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $117.46.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings results on Wednesday, October 29th. The coffee company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.03). The company had revenue of $9.57 billion during the quarter, compared to the consensus estimate of $9.41 billion. Starbucks had a negative return on equity of 31.32% and a net margin of 4.99%.The company’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the business posted $0.80 EPS. Analysts expect that Starbucks Corporation will post 2.99 EPS for the current fiscal 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 dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, February 13th. Starbucks’s payout ratio is presently 151.22%.

Starbucks Company 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.