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

Truist Financial Corp lifted its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 3.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 824,635 shares of the coffee company’s stock after purchasing an additional 29,614 shares during the period. Truist Financial Corp owned 0.07% of Starbucks worth $69,764,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in SBUX. Game Plan Financial Advisors LLC acquired a new stake in Starbucks in the 2nd quarter valued at about $25,000. Transce3nd LLC lifted its position in shares of Starbucks by 270.3% during the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. Chelsea Counsel Co. bought a new stake in shares of Starbucks during the second quarter valued at approximately $26,000. MTM Investment Management LLC acquired a new stake in shares of Starbucks in the second quarter valued at approximately $28,000. Finally, PFS Partners LLC increased its holdings in shares of 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 in the last quarter. 72.29% of the stock is owned by institutional investors.

Starbucks News Roundup

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 Trading Down 0.6%

NASDAQ:SBUX opened at $95.16 on Thursday. Starbucks Corporation has a 1-year low of $75.50 and a 1-year high of $117.46. The firm has a market capitalization of $108.21 billion, a price-to-earnings ratio of 58.02, a PEG ratio of 1.94 and a beta of 0.97. The business’s 50-day moving average price is $87.73 and its two-hundred day moving average price is $87.12.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.03). The company had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. Starbucks had a negative return on equity of 31.32% and a net margin of 4.99%.Starbucks’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Sell-side analysts predict that Starbucks Corporation will post 2.99 earnings per share for the current 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 issued a $0.62 dividend. The ex-dividend date is Friday, February 13th. This represents a $2.48 annualized dividend and a yield of 2.6%. Starbucks’s dividend payout ratio (DPR) is 151.22%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on SBUX shares. Susquehanna set a $114.00 price objective on Starbucks in a report on Wednesday, January 21st. Wells Fargo & Company set a $110.00 price target on Starbucks in a research note on Wednesday. TD Cowen reiterated a “hold” rating and issued a $84.00 price target on shares of Starbucks in a report on Monday, December 1st. Citigroup upgraded Starbucks from a “neutral” rating to a “positive” rating in a research report on Thursday, January 15th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Starbucks in a research report on Thursday, October 30th. Eighteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $103.50.

Insiders Place Their Bets

In other news, Director Jorgen Vig Knudstorp purchased 11,700 shares of Starbucks stock in a transaction dated 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 completion of the transaction, the director directly owned 53,096 shares in the company, valued at $4,513,160. This trade represents a 28.26% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.09% of the company’s stock.

About Starbucks

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.