Everett Harris & Co. CA Sells 34,806 Shares of Starbucks Corporation $SBUX

Everett Harris & Co. CA reduced its stake in Starbucks Corporation (NASDAQ:SBUX) by 3.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 989,373 shares of the coffee company’s stock after selling 34,806 shares during the quarter. Starbucks comprises approximately 1.0% of Everett Harris & Co. CA’s holdings, making the stock its 21st largest position. Everett Harris & Co. CA owned 0.09% of Starbucks worth $83,701,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Game Plan Financial Advisors LLC purchased a new stake in shares of Starbucks in the second quarter worth $25,000. Transce3nd LLC grew its position in Starbucks by 270.3% during the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after purchasing an additional 200 shares during the last quarter. MTM Investment Management LLC bought a new stake in Starbucks during the 2nd quarter valued at about $28,000. PFS Partners LLC raised its holdings in Starbucks by 457.4% in the third quarter. PFS Partners LLC now owns 340 shares of the coffee company’s stock worth $29,000 after buying an additional 279 shares during the last quarter. Finally, REAP Financial Group LLC raised its holdings in Starbucks by 119.4% in the second quarter. REAP Financial Group LLC now owns 362 shares of the coffee company’s stock worth $33,000 after buying an additional 197 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Q1 sales and traffic improvement — Starbucks reported a revenue beat ($9.92B) and its first U.S. transaction growth in two years, supporting the turnaround narrative and earlier stock strength. Starbucks Gets a Jolt After Earnings
• Positive Sentiment: Investor Day strategic initiatives — management showcased redesigned cafes, a long-term growth roadmap, AI-powered personalization and plans to convert momentum into sustainable growth; these are constructive for longer-term same-store-sales and margins if execution holds. Starbucks shows off redesigned cafes at 2026 investor day
• Positive Sentiment: Rewards relaunch to drive frequency — Starbucks will reintroduce a tiered Starbucks Rewards (Green/Gold/Reserve) on March 10 to encourage more visits and higher spend from its large U.S. member base. This is a direct demand-side lever. Starbucks Unveils Reimagined Loyalty Program
• Neutral Sentiment: Analyst views mixed — some firms reaffirm buy/raise price targets (e.g., $105), while others remain cautious or maintain hold ratings; consensus remains split on how fast margins recover. Analyst Coverage Summary
• Neutral Sentiment: Expansion plans vs. execution risk — management plans hundreds of new U.S. stores and added seating, which can drive growth but requires execution (and may pressure near-term capex). Starbucks sees room to expand
• Negative Sentiment: Profitability strain and guidance — EPS missed estimates ( $0.56 vs. ~$0.59) and full?year EPS guidance (2.15–2.40) sits near or slightly below consensus, signaling margins remain pressured even as sales recover. Earnings and Guidance Details
• Negative Sentiment: Shareholder litigation risk and governance optics — investor?rights firms (Halper Sadeh and others) announced probes into directors/officers, and the company loosened the cap on CEO private jet use; both increase headline risk and can weigh on sentiment. Halper Sadeh Investigation Notice
• Negative Sentiment: Questions on store-level health — critical commentary argues new openings won’t offset traffic declines at many legacy U.S. locations, highlighting execution and comp-risk that could undermine growth assumptions. Starbucks Comp Sales: Why New Stores Don’t Matter

Starbucks Stock Down 1.3%

Starbucks stock opened at $93.88 on Friday. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $117.46. The company has a market cap of $106.75 billion, a P/E ratio of 77.59, a P/E/G ratio of 1.98 and a beta of 0.97. The business has a 50-day simple moving average of $87.96 and a two-hundred day simple moving average of $87.17.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data 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). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The business had revenue of $9.92 billion during the quarter, compared to analysts’ expectations of $9.62 billion. During the same period in the previous year, the business posted $0.69 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Research analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

Starbucks Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.6%. Starbucks’s payout ratio is presently 151.22%.

Insider Activity at Starbucks

In related news, Director Jorgen Vig Knudstorp bought 11,700 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were bought at an average cost of $85.00 per share, with a total value of $994,500.00. Following the acquisition, the director owned 53,096 shares in the company, valued at $4,513,160. This trade represents a 28.26% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.09% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SBUX. UBS Group set a $94.00 price target on shares of Starbucks and gave the company a “neutral” rating in a research report on Tuesday, October 21st. BTIG Research reissued a “buy” rating and issued a $105.00 target price on shares of Starbucks in a report on Thursday. Wells Fargo & Company set a $110.00 price target on Starbucks in a report on Wednesday. Mizuho increased their price objective on Starbucks from $86.00 to $95.00 and gave the company a “neutral” rating in a research report on Monday. Finally, Dbs Bank lowered Starbucks from a “hold” rating to a “strong sell” rating in a research report on Friday, November 7th. Nineteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $104.04.

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.