Atria Investments Inc Has $15.01 Million Position in Starbucks Corporation $SBUX

Atria Investments Inc trimmed its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 3.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 177,434 shares of the coffee company’s stock after selling 7,188 shares during the period. Atria Investments Inc’s holdings in Starbucks were worth $15,011,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Transce3nd LLC increased its holdings in Starbucks by 270.3% in the 2nd 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. Collier Financial bought a new position in Starbucks during the third quarter worth about $25,000. MTM Investment Management LLC bought a new stake in Starbucks in the second quarter valued at $28,000. PFS Partners LLC raised its stake in 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 acquiring an additional 279 shares in the last quarter. Finally, Nexus Investment Management ULC bought a new position in shares of Starbucks during the second quarter valued at $35,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Starbucks from a “sell” rating to a “hold” rating in a research report on Saturday, November 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $105.00 price objective on shares of Starbucks in a report on Thursday, January 29th. Bank of America set a $114.00 target price on Starbucks in a report on Wednesday, January 21st. Evercore restated an “outperform” rating on shares of Starbucks in a research report on Wednesday, January 28th. Finally, Mizuho increased their price target on shares of Starbucks from $86.00 to $95.00 and gave the company a “neutral” rating in a research note on Monday, January 26th. Eighteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.31.

Starbucks Stock Performance

Shares of Starbucks stock opened at $99.12 on Thursday. The firm has a market cap of $112.93 billion, a PE ratio of 81.92, a P/E/G ratio of 2.18 and a beta of 0.96. The business’s 50 day simple moving average is $89.81 and its 200 day simple moving average is $87.26. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $117.46.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business had revenue of $9.92 billion during the quarter, compared to analyst estimates of $9.62 billion. During the same quarter last year, the business earned $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, equities research analysts predict that Starbucks Corporation will post 2.99 EPS for the current year.

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.