Bank of New York Mellon Corp Sells 132,148 Shares of Starbucks Corporation $SBUX

Bank of New York Mellon Corp lessened its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 1.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,874,229 shares of the coffee company’s stock after selling 132,148 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.69% of Starbucks worth $666,160,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Game Plan Financial Advisors LLC purchased a new position in Starbucks in the second 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 valued at $25,000 after buying an additional 200 shares during the last quarter. Chelsea Counsel Co. bought a new stake in shares of Starbucks in the 2nd quarter valued at about $26,000. MTM Investment Management LLC purchased a new position in shares of Starbucks in the 2nd quarter worth approximately $28,000. Finally, PFS Partners LLC raised its stake in shares of Starbucks by 457.4% during 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. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Starbucks from a “sell” rating to a “hold” rating in a research note on Saturday, November 22nd. BMO Capital Markets reissued an “outperform” rating on shares of Starbucks in a research report on Thursday, October 30th. UBS Group set a $94.00 target price on Starbucks and gave the company a “neutral” rating in a research report on Tuesday, October 21st. William Blair raised Starbucks from a “market perform” rating to an “outperform” rating in a report on Thursday, January 22nd. Finally, Susquehanna set a $114.00 price target on Starbucks in a research note on Wednesday, January 21st. Eighteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $103.50.

Insider Transactions at Starbucks

In other Starbucks news, Director Jorgen Vig Knudstorp bought 11,700 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The stock was bought at an average cost of $85.00 per share, for a total transaction of $994,500.00. Following the completion of the transaction, the director directly owned 53,096 shares of the company’s stock, 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 is accessible through the SEC website. 0.09% of the stock is owned by corporate insiders.

More Starbucks News

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 Stock Performance

Starbucks stock opened at $95.16 on Thursday. The business’s 50-day simple moving average is $87.73 and its two-hundred day simple moving average is $87.12. The company has a market cap of $108.21 billion, a PE ratio of 58.02, a PEG ratio of 1.94 and a beta of 0.97. Starbucks Corporation has a fifty-two week low of $75.50 and a fifty-two week high of $117.46.

Starbucks (NASDAQ:SBUX) last released its earnings results on Wednesday, January 28th. The coffee company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). Starbucks had a negative return on equity of 31.32% and a net margin of 4.99%.The firm had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. During the same period last year, the firm earned $0.69 EPS. The company’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. As a group, analysts predict that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

Starbucks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be issued a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, February 13th. Starbucks’s dividend payout ratio (DPR) is 151.22%.

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.