Ameritas Advisory Services LLC Has $599,000 Position in Starbucks Corporation $SBUX

Ameritas Advisory Services LLC reduced its position in Starbucks Corporation (NASDAQ:SBUX) by 57.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,079 shares of the coffee company’s stock after selling 9,523 shares during the period. Ameritas Advisory Services LLC’s holdings in Starbucks were worth $599,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Cooper Haims Advisors LLC raised its position in Starbucks by 3.0% during the second quarter. Cooper Haims Advisors LLC now owns 3,749 shares of the coffee company’s stock valued at $344,000 after acquiring an additional 110 shares in the last quarter. Silver Oak Securities Incorporated raised its stake in Starbucks by 2.4% during the 3rd quarter. Silver Oak Securities Incorporated now owns 5,288 shares of the coffee company’s stock valued at $447,000 after purchasing an additional 122 shares during the last quarter. Pioneer Trust Bank N A OR increased its holdings in Starbucks by 1.1% in the 3rd quarter. Pioneer Trust Bank N A OR now owns 11,437 shares of the coffee company’s stock valued at $968,000 after buying an additional 125 shares during the period. Catalyst Capital Advisors LLC boosted its stake in shares of Starbucks by 6.6% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 2,049 shares of the coffee company’s stock valued at $188,000 after purchasing an additional 126 shares in the last quarter. Finally, Pavion Blue Capital LLC increased its holdings in shares of Starbucks by 0.9% during the second quarter. Pavion Blue Capital LLC now owns 14,118 shares of the coffee company’s stock worth $1,294,000 after buying an additional 126 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Starbucks Stock Performance

Shares of Starbucks stock opened at $93.79 on Monday. The stock has a market cap of $106.85 billion, a PE ratio of 77.51, a PEG ratio of 2.10 and a beta of 0.96. The firm has a 50-day moving average of $90.22 and a 200-day moving average of $87.25. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $117.46.

Starbucks (NASDAQ:SBUX) last issued 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). The firm had revenue of $9.92 billion during the quarter, compared to analyst estimates of $9.62 billion. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. Starbucks’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Equities research analysts predict that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $113.00 price objective on shares of Starbucks in a research report on Thursday, January 29th. Piper Sandler reissued an “overweight” rating and set a $103.00 price target (up from $100.00) on shares of Starbucks in a research report on Friday, January 30th. New Street Research set a $90.00 price objective on shares of Starbucks in a report on Tuesday, January 27th. Morgan Stanley set a $105.00 target price on Starbucks and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Starbucks in a research note on Monday, December 29th. Eighteen equities 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’s stock. According to MarketBeat.com, Starbucks currently has an average rating of “Moderate Buy” and a consensus target price of $104.31.

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.