Callahan Advisors LLC Trims Stock Holdings in Starbucks Corporation $SBUX

Callahan Advisors LLC reduced its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 38.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 11,135 shares of the coffee company’s stock after selling 6,888 shares during the period. Callahan Advisors LLC’s holdings in Starbucks were worth $942,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Game Plan Financial Advisors LLC purchased a new stake in shares of Starbucks during the second quarter valued at $25,000. Transce3nd LLC increased its stake in Starbucks by 270.3% in 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. Chelsea Counsel Co. bought a new stake in Starbucks during the 2nd quarter valued at about $26,000. MTM Investment Management LLC purchased a new stake in Starbucks in the 2nd quarter valued at about $28,000. Finally, PFS Partners LLC grew its stake in Starbucks by 457.4% in the 3rd quarter. PFS Partners LLC now owns 340 shares of the coffee company’s stock worth $29,000 after acquiring an additional 279 shares in 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: BofA raised its price target to $114, signaling stronger analyst conviction in Starbucks’ outlook and providing an immediate valuation tailwind for the shares. Bank of America Boosts Starbucks Price Target to $114
• Positive Sentiment: BTIG reaffirmed a “buy” rating with a $105 target, adding to analyst support that helps sustain recent investor momentum. BTIG Reaffirms Buy on Starbucks
• Positive Sentiment: Starbucks announced an Investor Day for Jan. 29 where management (CEO Brian Niccol and CFO Cathy Smith) will unveil long-term strategy and answer questions — a catalyst that can reset investor expectations if management provides credible margin or growth targets. Starbucks to Host 2026 Investor Day
• Positive Sentiment: Operational initiatives — described as “coffeehouse coaches” — are being credited with improving store execution and easing labor tensions, a constructive sign for same-store sales and throughput. Coffeehouse Coaches Give Starbucks Stock a Boost
• Neutral Sentiment: Analyst and media coverage notes a strong year-to-date rally in SBUX; coverage frames the move as momentum ahead of earnings rather than a confirmed turnaround. This buoyancy can attract momentum traders but raises expectations. Starbucks Huge 2026 Rally
• Neutral Sentiment: Zacks previews ahead of Q1 earnings provide consensus estimates and key metrics to watch (traffic, AUVs, margin trends); these previews are informational but underscore that results will be the immediate catalyst. Ahead of Starbucks Q1 Earnings: Estimates for Key Metrics
• Neutral Sentiment: Zacks and other outlets flag that while traffic and sales are stabilizing, EPS pressure from costs and a premium valuation leave little room for disappointment at the upcoming report. Should You Buy, Sell or Hold Before Q1 Earnings?
• Negative Sentiment: A local “cup kerfuffle” in Tucson drew negative headlines and briefly raised reputational and operational risk questions; while the incident hasn’t halted the rally, it shows headline risk still exists for a consumer-facing brand. Another Cup Kerfuffle Hits Starbucks in Tucson
• Neutral Sentiment: Broader analyst commentary discusses shifting price targets and fair-value assumptions — useful context but not an immediate operational driver. How Changing Analyst Stories Shape Starbucks Price Targets

Starbucks Trading Up 1.9%

Shares of NASDAQ:SBUX opened at $97.62 on Monday. Starbucks Corporation has a 12-month low of $75.50 and a 12-month high of $117.46. The business’s fifty day simple moving average is $87.00 and its 200-day simple moving average is $87.05. The company has a market capitalization of $111.00 billion, a PE ratio of 59.52, a P/E/G ratio of 2.07 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data on Wednesday, October 29th. The coffee company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 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 $9.57 billion for the quarter, compared to analysts’ expectations of $9.41 billion. During the same quarter last year, the company earned $0.80 earnings per share. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. Research analysts predict that Starbucks Corporation will post 2.99 EPS for the current year.

Starbucks Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors 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 yield of 2.5%. Starbucks’s dividend payout ratio is presently 151.22%.

Insiders Place Their Bets

In other Starbucks news, Director Jorgen Vig Knudstorp purchased 11,700 shares of Starbucks stock in a transaction dated Monday, November 10th. The shares were acquired 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 owned 53,096 shares in the company, valued at approximately $4,513,160. This trade represents a 28.26% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.09% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on SBUX. Piper Sandler decreased their price target on shares of Starbucks from $105.00 to $100.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. Dbs Bank downgraded Starbucks from a “hold” rating to a “strong sell” rating in a report on Friday, November 7th. Wells Fargo & Company set a $100.00 target price on Starbucks and gave the stock an “overweight” rating in a report on Thursday, October 16th. William Blair raised Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday. Finally, Wall Street Zen upgraded Starbucks from a “sell” rating to a “hold” rating in a research note on Saturday, November 22nd. Seventeen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $103.15.

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.