Truist Financial Corp Has $69.76 Million Position in Starbucks Corporation $SBUX

Truist Financial Corp increased its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 3.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 824,635 shares of the coffee company’s stock after purchasing an additional 29,614 shares during the period. Truist Financial Corp’s holdings in Starbucks were worth $69,764,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Starbucks by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 112,861,623 shares of the coffee company’s stock worth $10,341,511,000 after buying an additional 802,053 shares during the period. State Street Corp increased its position in shares of Starbucks by 1.2% during 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 raised its holdings in shares of Starbucks by 0.4% during the second quarter. Geode Capital Management LLC now owns 25,846,634 shares of the coffee company’s stock worth $2,357,815,000 after acquiring an additional 99,983 shares during the period. Norges Bank acquired a new stake in shares of Starbucks during the second quarter worth $1,246,316,000. Finally, Invesco Ltd. lifted its position in Starbucks by 11.2% in the 2nd quarter. Invesco Ltd. now owns 12,757,954 shares of the coffee company’s stock valued at $1,169,011,000 after acquiring an additional 1,286,451 shares in the last quarter. 72.29% of the stock is owned by institutional investors.

Insider Transactions at Starbucks

In other news, Director Jorgen Vig Knudstorp purchased 11,700 shares of the business’s stock in a transaction on 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 completion of the purchase, the director directly owned 53,096 shares in the company, valued at $4,513,160. The trade was a 28.26% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.09% of the company’s stock.

Starbucks Stock Performance

SBUX opened at $95.16 on Thursday. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $117.46. The firm has a market capitalization of $108.21 billion, a PE ratio of 58.02, a PEG ratio of 1.94 and a beta of 0.97. The business’s 50-day simple moving average is $87.73 and its 200 day simple moving average is $87.12.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a negative return on equity of 31.32% and a net margin of 4.99%.The company had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. During the same period last year, the firm earned $0.69 EPS. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, research analysts forecast that Starbucks Corporation will post 2.99 earnings per share for the current year.

Starbucks Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given 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 dividend payout ratio is 151.22%.

Wall Street Analysts Forecast Growth

SBUX has been the subject of a number of research reports. Piper Sandler lowered their target price on Starbucks from $105.00 to $100.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Wall Street Zen raised Starbucks from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Evercore ISI reiterated an “outperform” rating on shares of Starbucks in a report on Wednesday. Susquehanna set a $114.00 target price on Starbucks in a research report on Wednesday, January 21st. Finally, Bank of America upped their price target on Starbucks from $106.00 to $114.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Eighteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $103.50.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Revenue beat and sales rebound — Starbucks reported $9.92B in revenue (above estimates) and the company said global comparable store sales rose ~4%, with U.S. comps and transactions improving for the first time in quarters, which fueled optimism about the turnaround. Starbucks Gets a Jolt After Earnings, But Will the Buzz Last?
• Positive Sentiment: Operational traction — Management says the “Back to Starbucks” plan is ahead of schedule; tech and staffing fixes have eased mobile-order bottlenecks and produced the first U.S. transaction growth in two years. This underpins confidence that traffic gains can sustain revenue. Tech overhaul helps Starbucks post first U.S. transaction growth in two years
• Positive Sentiment: Digital strategy highlighted — Management flagged digital platforms as a core part of the next turnaround phase, which could lift customer frequency and lifetime value if execution continues. Starbucks Says Digital Platforms Are Key Piece of Turnaround Strategy
• Neutral Sentiment: Guidance is mixed — Starbucks set FY‑2026 EPS guidance of $2.15–$2.40, which overlaps consensus but sits toward the low side; investors are parsing whether revenue momentum will translate to margin recovery. Starbucks Reports Q1 Fiscal Year 2026 Results
• Neutral Sentiment: Analyst reaction and valuation debate — Some outlets and commentators (including a price‑target move from Mizuho and bullish TV commentary) pushed buying interest, but SBUX’s premium valuation raises the bar for continued rallies. Mizuho Boosts Starbucks Price Target
• Negative Sentiment: EPS miss and margin pressure — EPS of $0.56 missed consensus by a few cents and Starbucks disclosed ongoing margin headwinds from investments and input costs, which tempers enthusiasm despite the revenue beat. Starbucks (SBUX) Misses Q1 Earnings Estimates
• Negative Sentiment: Corporate-cost optics — Starbucks removed the $250k cap on CEO Brian Niccol’s use of the company jet citing security, a change some investors view as an avoidable incremental cost/PR risk. Starbucks removes cap on CEO’s use of company’s private jet, citing security concerns
• Negative Sentiment: Legal scrutiny — Shareholder law firm Johnson Fistel launched an investigation into potential board fiduciary breaches, adding regulatory/legal overhang and potential distraction for management. Legal Investigation Launched: Johnson Fistel Scrutinizes Starbucks

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.