Starbucks Corporation $SBUX Shares Bought by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. grew its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 21.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,653 shares of the coffee company’s stock after purchasing an additional 5,467 shares during the period. Mufg Securities Americas Inc.’s holdings in Starbucks were worth $2,593,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Transce3nd LLC increased its stake in Starbucks by 270.3% during the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after buying an additional 200 shares during the period. Collier Financial purchased a new stake in shares of Starbucks during the third quarter worth about $25,000. Y.D. More Investments Ltd acquired a new position in shares of Starbucks in the third quarter worth about $26,000. MTM Investment Management LLC acquired a new position in shares of Starbucks in the second quarter worth about $28,000. Finally, PFS Partners LLC boosted its holdings in Starbucks by 457.4% in the third quarter. PFS Partners LLC now owns 340 shares of the coffee company’s stock valued at $29,000 after purchasing an additional 279 shares during the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Barclays set a $116.00 price objective on Starbucks and gave the stock an “overweight” rating in a report on Friday, January 30th. Weiss Ratings restated a “hold (c-)” rating on shares of Starbucks in a research note on Monday, December 29th. UBS Group reaffirmed a “neutral” rating on shares of Starbucks in a report on Friday, January 30th. BMO Capital Markets reiterated an “outperform” rating and set a $120.00 price objective on shares of Starbucks in a research note on Friday, January 30th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Starbucks in a research report on Monday, January 26th. Eighteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $104.31.

Starbucks Stock Performance

NASDAQ SBUX opened at $94.78 on Tuesday. The firm has a market capitalization of $107.98 billion, a PE ratio of 78.33, a price-to-earnings-growth ratio of 2.18 and a beta of 0.96. The company has a 50-day simple moving average of $91.58 and a 200-day simple moving average of $87.51. Starbucks Corporation has a one year low of $75.50 and a one year high of $117.46.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The firm had revenue of $9.92 billion during the quarter, compared to analyst estimates of $9.62 billion. During the same quarter in the previous year, the business posted $0.69 EPS. Starbucks’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. Equities analysts forecast that Starbucks Corporation will post 2.99 earnings per share for the current year.

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.