20,434 Shares in Starbucks Corporation $SBUX Acquired by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co purchased a new position in shares of Starbucks Corporation (NASDAQ:SBUX) during the 4th quarter, Holdings Channel.com reports. The firm purchased 20,434 shares of the coffee company’s stock, valued at approximately $1,721,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SBUX. Capital Research Global Investors lifted its stake in Starbucks by 11.4% in the 3rd quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock valued at $7,229,968,000 after purchasing an additional 8,774,198 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Starbucks by 146.6% during the second quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock valued at $553,201,000 after acquiring an additional 3,596,014 shares during the last quarter. Capital International Investors raised its stake in shares of Starbucks by 22.5% during the third quarter. Capital International Investors now owns 14,691,772 shares of the coffee company’s stock valued at $1,243,104,000 after acquiring an additional 2,699,479 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Starbucks by 80.6% during the third quarter. Ameriprise Financial Inc. now owns 5,105,164 shares of the coffee company’s stock valued at $433,923,000 after acquiring an additional 2,277,792 shares during the last quarter. Finally, Capital World Investors raised its stake in shares of Starbucks by 1.9% during the third quarter. Capital World Investors now owns 77,720,137 shares of the coffee company’s stock valued at $6,575,430,000 after acquiring an additional 1,462,874 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Q2 beat-and-raise: Starbucks reported $0.50 EPS vs. consensus $0.44, revenue $9.53B (beats), global comps ~6.2% and raised FY26 EPS guidance to $2.25–2.45 — the core driver behind the rally. Starbucks Reports Q2 Fiscal Year 2026 Results
• Positive Sentiment: Turnaround traction: Customer traffic and spend rose after investments (hiring, scheduling, store refreshes), with the company saying service and staffing improvements are paying off. This underpins confidence in sustained comp growth. Starbucks is winning customers back after investing $500 million in workers and stores
• Positive Sentiment: Analyst optimism: Several firms raised price targets and ratings after the results (examples include Morgan Stanley, Evercore, Robert W. Baird, BTIG, Wells Fargo), amplifying buying interest. Wall Street Lifts Starbucks Price Targets as Comps Surge
• Neutral Sentiment: Corporate hub move: Starbucks confirmed plans for a $100M Nashville office as part of a broader trend of fast-food corporates relocating — strategic long-term shift but potential short-term costs and employee-relocation friction. Starbucks is heading to Nashville — and it’s part of a bigger fast-food migration south
• Neutral Sentiment: Menu/product experimentation: New Energy Refreshers and more customizable offerings aim to broaden appeal beyond coffee — a potential revenue tailwind but early-stage. Your morning coffee is becoming optional at Starbucks
• Negative Sentiment: Margin pressure: Management’s investments (higher staffing, wages, utilities, gas) are compressing North American operating margins in the near term — profitability recovery may lag the sales rebound. Starbucks customers are coming back. Profits haven’t caught up yet.
• Negative Sentiment: Some bearish views remain: BNP Paribas Exane still has an “underperform” stance with a lower price target, highlighting dissent on valuation vs. near-term margin risk. Benzinga
• Negative Sentiment: Competitive & labor friction: Incumbent rivals (e.g., McDonald’s new drinks push) and employee complaints about bonus targets add execution and reputational risks that could slow momentum. McDonald’s takes aim at Starbucks with new drinks menu

Insider Activity

In related news, EVP Sara Kelly sold 2,500 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $242,800.00. Following the transaction, the executive vice president directly owned 59,609 shares in the company, valued at approximately $5,789,226.08. The trade was a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brady Brewer sold 1,641 shares of Starbucks stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $159,373.92. Following the completion of the sale, the chief executive officer directly owned 86,605 shares in the company, valued at approximately $8,411,077.60. This represents a 1.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 6,958 shares of company stock worth $667,464. 0.03% of the stock is owned by corporate insiders.

Starbucks Price Performance

Shares of NASDAQ SBUX opened at $105.50 on Thursday. The stock has a market capitalization of $120.20 billion, a P/E ratio of 87.19, a P/E/G ratio of 2.08 and a beta of 0.95. The company has a 50-day moving average price of $96.34 and a 200-day moving average price of $90.85. Starbucks Corporation has a 1 year low of $75.50 and a 1 year high of $107.27.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.06. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business had revenue of $9.53 billion for the quarter, compared to analysts’ expectations of $9.09 billion. During the same period in the previous year, the company earned $0.41 earnings per share. The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, equities research analysts anticipate that Starbucks Corporation will post 2.31 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a dividend of $0.62 per share. The ex-dividend date is Friday, May 15th. This represents a $2.48 annualized dividend and a yield of 2.4%. Starbucks’s payout ratio is 187.88%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on SBUX shares. DA Davidson raised their price target on shares of Starbucks from $97.00 to $102.00 and gave the company a “neutral” rating in a research note on Wednesday. Mizuho lifted their target price on shares of Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a research note on Monday, January 26th. Zacks Research raised shares of Starbucks from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 27th. Sanford C. Bernstein restated an “outperform” rating on shares of Starbucks in a report on Wednesday, March 4th. Finally, Wolfe Research initiated coverage on shares of Starbucks in a report on Monday, March 9th. They issued a “peer perform” rating for the company. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $106.93.

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.