Banco Bilbao Vizcaya Argentaria S.A. Has $9.72 Million Position in Starbucks Corporation $SBUX

Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in Starbucks Corporation (NASDAQ:SBUX) by 37.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,942 shares of the coffee company’s stock after buying an additional 31,459 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Starbucks were worth $9,715,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Nordea Investment Management AB grew its position in shares of Starbucks by 3.2% in the 3rd quarter. Nordea Investment Management AB now owns 433,112 shares of the coffee company’s stock valued at $36,576,000 after buying an additional 13,262 shares during the last quarter. Providence Capital Advisors LLC acquired a new stake in shares of Starbucks in the third quarter valued at about $6,099,000. Asset Management One Co. Ltd. raised its position in shares of Starbucks by 3.1% during the third quarter. Asset Management One Co. Ltd. now owns 548,768 shares of the coffee company’s stock worth $46,426,000 after acquiring an additional 16,428 shares during the last quarter. Allstate Corp acquired a new position in shares of Starbucks in the third quarter worth approximately $3,491,000. Finally, Vanguard Group Inc. lifted its stake in shares of Starbucks by 0.5% in the third quarter. Vanguard Group Inc. now owns 113,438,902 shares of the coffee company’s stock worth $9,596,931,000 after acquiring an additional 577,279 shares during the period. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Starbucks news, CEO Brady Brewer sold 588 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the sale, the chief executive officer directly owned 86,017 shares of the company’s stock, valued at $8,601,700. This trade represents a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Sara Kelly sold 2,500 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $242,800.00. Following the completion of the sale, the executive vice president owned 59,609 shares in the company, valued at approximately $5,789,226.08. The trade was a 4.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,729 shares of company stock worth $460,974 in the last ninety days. 0.03% of the stock is currently owned by insiders.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Turnaround momentum: analysts and some prominent investors are calling Starbucks a recovery story after recent operational changes and a more generous rewards program that appears to be boosting demand. Josh Brown names SBUX a top stock
• Positive Sentiment: Customer loyalty actions: Starbucks revamped its rewards program to drive frequency and AUV recovery — a potential tailwind for same‑store sales if sustained. Rewards program update
• Neutral Sentiment: Corporate and governance items: the company will webcast its March 25 annual meeting (forum for investor questions), and the CEO made small disclosed stock sales (minor ownership reduction). These are informational but not immediate operational catalysts. Annual meeting webcast SEC Form 4
• Negative Sentiment: Proxy‑advisor warnings: two proxy advisory firms flagged that Starbucks may be under‑estimating the financial and reputational risks from persistent labor disputes — a governance red flag that can pressure the stock and complicate investor support. Reuters: proxy firms warn Starbucks Seeking Alpha: proxy firms warn
• Negative Sentiment: Union restarts and contract push: Starbucks Workers United submitted a detailed contract proposal seeking a $17 minimum start wage and 4% annual raises and is seeking to reopen bargaining — this raises the prospect of higher labor costs and renewed store‑level disruption. Yahoo Finance: union contract proposal CNBC: details of baristas’ asks
• Negative Sentiment: Market reaction and analyst caution: coverage notes the union trying to restart talks and some firms moving to more cautious stances — near‑term investor anxiety over labor negotiations is weighing on the stock. TipRanks: union talks pressure stock WSJ: union seeks to reopen negotiations
• Negative Sentiment: PR/governance noise: founder Howard Schultz’s relocation and related publicity about state tax policy add incremental governance/PR distraction during sensitive labor negotiations. Financial Post: Schultz relocation coverage

Wall Street Analyst Weigh In

A number of analysts have weighed in on SBUX shares. Bank of America set a $114.00 target price on shares of Starbucks in a research report on Wednesday, January 21st. William Blair upgraded shares of Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 22nd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $120.00 price objective on shares of Starbucks in a research note on Friday, January 30th. BTIG Research reiterated a “buy” rating and set a $105.00 price objective on shares of Starbucks in a research report on Thursday, January 29th. Finally, Mizuho lifted their target price on shares of Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a research note on Monday, January 26th. Seventeen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $104.22.

Starbucks Stock Performance

NASDAQ SBUX opened at $99.15 on Monday. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $104.82. The company has a 50-day simple moving average of $95.28 and a 200 day simple moving average of $88.32. The company has a market capitalization of $112.96 billion, a PE ratio of 81.94, a price-to-earnings-growth ratio of 2.21 and a beta of 0.93.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $9.62 billion. During the same period in the prior year, the firm posted $0.69 EPS. The business’s revenue 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, analysts forecast that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

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.