CenterBook Partners LP Takes $784,000 Position in Starbucks Corporation $SBUX

CenterBook Partners LP bought a new position in shares of Starbucks Corporation (NASDAQ:SBUX) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,267 shares of the coffee company’s stock, valued at approximately $784,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SBUX. Norges Bank acquired a new position in Starbucks during the second quarter valued at approximately $1,246,316,000. Corient Private Wealth LLC grew its stake in shares of Starbucks by 146.6% in the second quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock valued at $553,201,000 after buying an additional 3,596,014 shares in the last quarter. Invesco Ltd. increased its holdings in Starbucks by 11.2% during the second quarter. Invesco Ltd. now owns 12,757,954 shares of the coffee company’s stock worth $1,169,011,000 after buying an additional 1,286,451 shares during the last quarter. California Public Employees Retirement System raised its position in Starbucks by 68.0% during the second quarter. California Public Employees Retirement System now owns 3,027,814 shares of the coffee company’s stock worth $277,439,000 after acquiring an additional 1,225,447 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in Starbucks by 22.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 5,578,977 shares of the coffee company’s stock valued at $511,202,000 after acquiring an additional 1,026,056 shares during the last quarter. 72.29% of the stock is owned by institutional investors.

Starbucks Price Performance

Shares of SBUX stock opened at $97.49 on Friday. The company has a market cap of $111.07 billion, a PE ratio of 80.57, a price-to-earnings-growth ratio of 2.18 and a beta of 0.96. Starbucks Corporation has a 1 year low of $75.50 and a 1 year high of $117.46. The stock’s 50 day simple moving average is $91.39 and its two-hundred day simple moving average is $87.50.

Starbucks (NASDAQ:SBUX) last released its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). The company had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Equities research analysts expect that Starbucks Corporation will post 2.99 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on SBUX shares. Bank of America set a $114.00 target price on shares of Starbucks in a research note on Wednesday, January 21st. Guggenheim reaffirmed a “buy” rating and issued a $90.00 price objective on shares of Starbucks in a research report on Monday, January 26th. New Street Research set a $90.00 target price on Starbucks in a report on Tuesday, January 27th. Citigroup cut their price target on Starbucks from $94.00 to $92.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Starbucks in a report on Monday, January 26th. Eighteen research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $104.31.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Morning traffic recovery — several reports note Starbucks is winning back morning customers, supporting higher same-store sales and reinforcing core-store economics that underpin margin recovery. Starbucks Needs You to Buy an Afternoon Refresher WSJ: Starbucks Needs You to Buy an Afternoon Refresher
• Positive Sentiment: Brand/PR boost — company grant to Feed the Children highlights CSR programs (FoodShare) and community engagement, modestly supportive of reputation and long-term brand value. Feed the Children Strengthens Hunger Relief Efforts Through Starbucks FoodShare Capacity Building Grant
• Neutral Sentiment: Valuation/analysis coverage — a DuPont-based valuation piece and buy/hold comparisons (Dutch Bros vs Starbucks) are prompting debate on whether SBUX should be treated as a growth or value story; this sustains analyst activity and trading interest but offers mixed directional signal. Seeking Alpha: 3-Step DuPont Model Fool: Dutch Bros vs. Starbucks
• Neutral Sentiment: Positive same-store anecdotes (e.g., viral cake-pop sales) provide short-term PR but so far haven’t overridden broader concerns. TipRanks: Cake Pop Sales
• Negative Sentiment: India expansion is a drag — multiple reports say Starbucks is expanding store counts and localizing menus in India despite rising losses there; investors worry about margin dilution and cash burn from aggressive rollout. Market Chatter: Starbucks India Expands TipRanks: Ramps Up Expansion in Loss-Making India
• Negative Sentiment: Reassessment/uncertainty in India — follow-up pieces note the company is reconsidering aspects of its India strategy, creating execution risk and short-term stock pressure. TipRanks: Reconsiders the Indian Market
• Negative Sentiment: Corporate governance/labor scrutiny — an investor revolt over labor oversight and board scrutiny raises governance risk and could lead to activism or reputational/headline pressure. Yahoo: Investor Revolt Over Starbucks Labor Oversight

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.