Atlantic Union Bankshares Corp Purchases 18,633 Shares of Starbucks Corporation $SBUX

Atlantic Union Bankshares Corp increased its stake in Starbucks Corporation (NASDAQ:SBUX) by 29.8% during the third quarter, according to its most recent filing with the SEC. The fund owned 81,177 shares of the coffee company’s stock after buying an additional 18,633 shares during the quarter. Atlantic Union Bankshares Corp’s holdings in Starbucks were worth $6,868,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Game Plan Financial Advisors LLC bought a new stake in shares of Starbucks during the second quarter valued at about $25,000. Transce3nd LLC boosted its position in 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 period. MTM Investment Management LLC purchased a new stake in shares of Starbucks during the second quarter valued at approximately $28,000. PFS Partners LLC boosted its holdings in shares of Starbucks by 457.4% during the third quarter. PFS Partners LLC now owns 340 shares of the coffee company’s stock worth $29,000 after purchasing an additional 279 shares during the period. Finally, REAP Financial Group LLC raised its holdings in shares of Starbucks by 119.4% during the second quarter. REAP Financial Group LLC now owns 362 shares of the coffee company’s stock valued at $33,000 after acquiring an additional 197 shares in the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on SBUX. Citigroup dropped their price target on Starbucks from $94.00 to $92.00 and set a “neutral” rating on the stock in a research report on Monday. BMO Capital Markets reaffirmed an “outperform” rating and set a $120.00 target price on shares of Starbucks in a research note on Friday. Sanford C. Bernstein reissued an “outperform” rating on shares of Starbucks in a research report on Monday, January 26th. Barclays set a $116.00 target price on shares of Starbucks and gave the stock an “overweight” rating in a research report on Friday. Finally, TD Cowen reiterated a “hold” rating and issued a $89.00 target price (up from $84.00) on shares of Starbucks in a report on Friday. Eighteen research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $104.67.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: U.S. same‑store sales and traffic improvements point to a consumer recovery and helped lift sentiment that Starbucks’ turnaround is working; sustained traffic gains would support revenue and margin recovery. Starbucks Sees Robust Same-Store Sales. Can the Stock’s Momentum Continue?
• Positive Sentiment: Management is pushing tech-driven initiatives — drive‑thru robots and AI chatbots to speed service and lower labor costs — which, if scaled successfully, could boost throughput and margins over time. Starbucks Believes Drive-Thru Robots are the Right Blend to Perk-Up Sales
• Positive Sentiment: Product innovation tied to consumer health trends — CEO Brian Niccol cites GLP‑1 effects as a driver for more protein-forward items — could help Starbucks capture incremental ticket and visits. Starbucks CEO Brian Niccol says rise of GLP-1s is behind company’s protein push
• Positive Sentiment: Investor Day showcased the new café model and management’s comeback plan; visible execution in store pilots supports the case that initiatives could translate into sustainable sales growth. We went to Starbucks’ first investor day in 3 years, toured its new café model, and saw its comeback plan in action
• Positive Sentiment: Starbucks is pushing cup recycling and sustainability initiatives — a long‑term brand/ESG positive that can reduce regulatory and reputational risk and appeal to ESG‑focused investors. Starbucks Cup Recycling Push Adds New Dimension To Investment Story
• Neutral Sentiment: Coverage pieces highlight a Catch‑22: strong tech/AI narratives lift sentiment, but execution risk and capital intensity leave the stock exposed to disappointment if results don’t follow. The Starbucks Conundrum: Starbucks Stock (NASDAQ:SBUX) Notches Up Amid Focus on AI
• Neutral Sentiment: Opinion/visit pieces (Seeking Alpha, YouTube coverage) provide qualitative color on store experience and competition; useful for trend spotting but less directly actionable for near‑term price moves. I Went To Luckin Coffee And Starbucks: Why I Am Choosing Their Coffee Over Both Shares
• Negative Sentiment: Analyst action: Citigroup trimmed its price target to $92 and moved to a “neutral” rating — a modest headwind that can pressure sentiment when combined with a high P/E and recent EPS miss. Citigroup price target cut / neutral rating

Insider Activity at Starbucks

In other news, Director Jorgen Vig Knudstorp acquired 11,700 shares of Starbucks stock in a transaction that occurred on Monday, November 10th. The stock was purchased at an average cost of $85.00 per share, with a total value of $994,500.00. Following the completion of 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.09% of the stock is owned by company insiders.

Starbucks Price Performance

NASDAQ SBUX opened at $91.69 on Tuesday. The stock has a market capitalization of $104.46 billion, a P/E ratio of 75.78, a PEG ratio of 2.08 and a beta of 0.97. The firm’s 50-day moving average is $88.26 and its two-hundred day moving average is $87.08. Starbucks Corporation has a 12 month low of $75.50 and a 12 month 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 the consensus estimate of $0.59 by ($0.03). Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The company had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. During the same period in the previous year, the firm earned $0.69 earnings per share. 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 anticipate that Starbucks Corporation will post 2.99 EPS for the current year.

Starbucks Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, February 13th. Starbucks’s dividend payout ratio is currently 204.96%.

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.