Envestnet Asset Management Inc. Has $358.80 Million Stake in Starbucks Corporation $SBUX

Envestnet Asset Management Inc. lifted its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 10.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,241,131 shares of the coffee company’s stock after acquiring an additional 405,331 shares during the period. Envestnet Asset Management Inc. owned 0.37% of Starbucks worth $358,800,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of SBUX. Vanguard Group Inc. boosted its holdings in Starbucks by 0.7% in the second quarter. Vanguard Group Inc. now owns 112,861,623 shares of the coffee company’s stock worth $10,341,511,000 after acquiring an additional 802,053 shares in the last quarter. State Street Corp raised its position in shares of Starbucks by 1.2% during the second quarter. State Street Corp now owns 47,513,332 shares of the coffee company’s stock worth $4,353,647,000 after purchasing an additional 544,534 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Starbucks by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 25,846,634 shares of the coffee company’s stock worth $2,357,815,000 after purchasing an additional 99,983 shares in the last quarter. Norges Bank bought a new position in shares of Starbucks in the 2nd quarter worth $1,246,316,000. Finally, Invesco Ltd. grew its position in Starbucks by 11.2% in the 2nd quarter. Invesco Ltd. now owns 12,757,954 shares of the coffee company’s stock valued at $1,169,011,000 after purchasing an additional 1,286,451 shares during the period. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Starbucks Stock Performance

NASDAQ:SBUX opened at $96.97 on Thursday. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $117.46. The firm has a 50-day moving average price of $88.60 and a two-hundred day moving average price of $87.14. The firm has a market cap of $110.48 billion, a price-to-earnings ratio of 80.14, a price-to-earnings-growth ratio of 2.08 and a beta of 0.96.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). The business had revenue of $9.92 billion during the quarter, compared to analysts’ expectations of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.Starbucks’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, sell-side analysts forecast that Starbucks Corporation will post 2.99 earnings per share for the current year.

Starbucks Announces Dividend

The business also recently declared 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 is Friday, February 13th. This represents a $2.48 annualized dividend and a yield of 2.6%. Starbucks’s dividend payout ratio is presently 204.96%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Mizuho upped their price objective on shares of Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a report on Monday, January 26th. Royal Bank Of Canada reissued an “outperform” rating and set a $105.00 target price on shares of Starbucks in a research report on Thursday, January 29th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Starbucks in a research report on Monday, January 26th. Morgan Stanley set a $105.00 price target on Starbucks and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, BMO Capital Markets reissued an “outperform” rating and set a $120.00 price objective on shares of Starbucks in a report on Friday, January 30th. Eighteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $104.67.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts and commentary highlight sizable domestic growth runway — multiple pieces discuss whether Starbucks can add ~10,000 more U.S. locations, supporting long-term revenue growth expectations. Can Starbucks Open Another 10,000 Stores in the U.S.?
• Positive Sentiment: Management is simplifying the menu and trimming items — a move investors view as margin-accretive by lowering complexity and labor/cost pressure. Starbucks Savages Menu, Starbucks Stock (NASDAQ:SBUX) Gains
• Positive Sentiment: Recent coverage and earnings commentary point to a recovery in the fiscal Q1 sales trend — investors expect profitability to reaccelerate as comps normalize and new-store economics improve. Investors Are Piling Into This Stock That’s Up 28,000% Since Its IPO. Can It Soar in 2026?
• Neutral Sentiment: Union activity remains in the headlines — calls like “delete the app” from strikers are creating noise, but the initial market reaction has been mixed, not uniformly negative. Investors will watch customer engagement and sales trends closely. “Delete the App”: Strikers Call on Customers to Help Advance Union, Starbucks Stock (NASDAQ:SBUX) Jumps in Response
• Neutral Sentiment: Starbucks is a trending/screened stock in retail investor and research sites — more attention can amplify moves but doesn’t itself change fundamentals. Here is What to Know Beyond Why Starbucks Corporation (SBUX) is a Trending Stock
• Neutral Sentiment: Analyst notes and sector write-ups provide context but offer mixed takes on timing and catalysts; they add background rather than a clear near-term directional trigger. Analysts Offer Insights on Consumer Cyclical Companies: Starbucks (SBUX)…
• Negative Sentiment: Citigroup issued a pessimistic price forecast for SBUX, which can pressure sentiment and act as a sell-side headwind if other firms follow. Citigroup Issues Pessimistic Forecast for Starbucks (NASDAQ:SBUX) Stock Price
• Negative Sentiment: A new STOCK Act disclosure shows Senator Sheldon Whitehouse sold SBUX shares — insider/related-party sales can be interpreted negatively by some investors, even if sales have non-fundamental reasons. Congress Trade: Senator Sheldon Whitehouse Just Disclosed New Stock Trades

Insider Transactions at Starbucks

In related news, Director Jorgen Vig Knudstorp acquired 11,700 shares of the stock in a transaction on Monday, November 10th. The shares were acquired at an average price 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. The trade was a 28.26% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.03% 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.