Great Lakes Advisors LLC Has $5.17 Million Stock Holdings in Starbucks Corporation $SBUX

Great Lakes Advisors LLC cut its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 16.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,076 shares of the coffee company’s stock after selling 11,999 shares during the period. Great Lakes Advisors LLC’s holdings in Starbucks were worth $5,167,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Game Plan Financial Advisors LLC acquired a new stake in Starbucks during the 2nd quarter worth approximately $25,000. Transce3nd LLC raised its holdings in shares of Starbucks by 270.3% in the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after acquiring an additional 200 shares during the last quarter. MTM Investment Management LLC purchased a new stake in shares of Starbucks in the second quarter valued at about $28,000. 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 valued at $29,000 after purchasing an additional 279 shares during the period. Finally, REAP Financial Group LLC increased its stake in shares of Starbucks by 119.4% during the 2nd quarter. REAP Financial Group LLC now owns 362 shares of the coffee company’s stock worth $33,000 after purchasing an additional 197 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Investor Day and early-operational wins — management showcased the “Back to Starbucks” turnaround (new store designs, AI initiatives, beverage innovation) and reported revenue and comp-sales gains, evidence that traffic and transactions are improving. Starbucks Gets a Jolt After Earnings, But Will the Buzz Last?
• Positive Sentiment: Rewards relaunch to drive frequency — Starbucks announced a three-tiered Rewards program (Green, Gold, Reserve) to encourage repeat visits and personalization, which could lift transactions if adoption matches management’s plan. Starbucks Unveils Reimagined Loyalty Program to Deliver More Meaningful Value, Personalization and Engagement for Members
• Neutral Sentiment: CEO tone and public comments — Brian Niccol signaled willingness to negotiate with union organizers and discussed security and stock‑price questions in media appearances; these comments reduce headline uncertainty but leave execution and labor outcomes unresolved. Starbucks CEO says he is willing to negotiate with unionizers
• Neutral Sentiment: Growth vs. guidance — management updated long‑term targets (FY2028 EPS range) and reiterated growth levers; the guidance shows progress but contains mixed signals versus consensus, so investors are awaiting concrete margin improvements and forward execution. Starbucks CEO on Growth Plans, Pricing and China Market
• Negative Sentiment: Mixed earnings: EPS miss and margin pressure — Starbucks beat on revenue but missed EPS, and management warned margins remain pressured (higher input/labor costs). That combination helped pull back earlier post‑earnings gains and weighs on near‑term stock performance. Why Starbucks (SBUX) Shares Are Down After A Mixed Earnings Report
• Negative Sentiment: Governance/PR headwinds — a shareholder‑rights law firm announced an investigation into officers/directors, and the company removed a cap on the CEO’s private jet use citing security, both creating short‑term reputational and governance risk for the stock. Halper Sadeh LLC Encourages Starbucks Corporation Shareholders To Contact The Firm To Discuss Their Rights Starbucks removes cap on CEO’s use of company’s private jet, citing security concerns

Analyst Ratings Changes

A number of analysts recently issued reports on SBUX shares. Mizuho increased their price objective on Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a report on Monday, January 26th. BMO Capital Markets reiterated an “outperform” rating and issued a $120.00 price objective on shares of Starbucks in a report on Friday. Citigroup upgraded shares of Starbucks from a “neutral” rating to a “positive” rating in a research note on Thursday, January 15th. Zacks Research upgraded shares of Starbucks from a “strong sell” rating to a “hold” rating in a report on Tuesday. Finally, Bank of America raised their price target on Starbucks from $106.00 to $114.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Nineteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Starbucks has a consensus rating of “Moderate Buy” and an average target price of $104.74.

Starbucks Stock Down 2.1%

SBUX stock opened at $91.95 on Friday. The firm has a market capitalization of $104.56 billion, a P/E ratio of 75.99, a price-to-earnings-growth ratio of 1.94 and a beta of 0.97. The company has a fifty day simple moving average of $88.09 and a two-hundred day simple moving average of $87.16. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $117.46.

Starbucks (NASDAQ:SBUX) last released its quarterly 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 28.66% and a net margin of 3.63%.The firm had revenue of $9.92 billion for the quarter, compared to analysts’ expectations of $9.62 billion. During the same period in the prior year, the firm posted $0.69 earnings per share. Starbucks’s revenue for the quarter was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, analysts anticipate 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 2.7%. Starbucks’s dividend payout ratio is presently 204.96%.

Insider Buying and Selling

In related news, Director Jorgen Vig Knudstorp purchased 11,700 shares of the business’s stock in a transaction on Monday, November 10th. The shares were acquired at an average price of $85.00 per share, for a total transaction of $994,500.00. Following the purchase, the director owned 53,096 shares of the company’s stock, valued at $4,513,160. This trade represents a 28.26% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.09% of the company’s stock.

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.