13,155 Starbucks Corporation $SBUX Shares Bought by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer & Co. Zurich increased its Starbucks stake by 2,657.6% in the third quarter, buying 13,155 shares and ending the quarter with 13,650 shares worth about $1.28 million.
• Starbucks reported quarterly EPS of $0.80, beating the $0.72 estimate, but revenue fell 4.5% year over year to $9.14 billion and missed expectations.
• Starbucks raised its quarterly dividend from $0.62 to $0.63 per share, equivalent to $2.52 annually and a 2.3% yield.

Bank Julius Baer & Co. Ltd Zurich lifted its holdings in Starbucks Corporation (NASDAQ:SBUX - Free Report) by 2,657.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,650 shares of the coffee company's stock after purchasing an additional 13,155 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich's holdings in Starbucks were worth $1,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. purchased a new position in Starbucks during the third quarter valued at $82,877,000. Northern Financial Advisors Inc grew its position in shares of Starbucks by 81.3% during the third quarter. Northern Financial Advisors Inc now owns 8,873 shares of the coffee company's stock valued at $834,000 after purchasing an additional 3,979 shares in the last quarter. Stevens Capital Partners increased its stake in Starbucks by 12.2% in the 3rd quarter. Stevens Capital Partners now owns 3,508 shares of the coffee company's stock worth $330,000 after acquiring an additional 382 shares during the last quarter. ProShare Advisors LLC raised its stake in Starbucks by 3.9% during the third quarter. ProShare Advisors LLC now owns 1,279,583 shares of the coffee company's stock valued at $120,230,000 after purchasing an additional 47,515 shares in the last quarter. Finally, Vise Technologies Inc. lifted its holdings in shares of Starbucks by 25.5% in the 3rd quarter. Vise Technologies Inc. now owns 50,170 shares of the coffee company's stock valued at $4,714,000 after acquiring an additional 10,206 shares during the last quarter. Institutional investors own 72.29% of the company's stock.

Starbucks Stock Performance

NASDAQ SBUX opened at $109.70 on Thursday. Starbucks Corporation has a one year low of $79.04 and a one year high of $110.51. The company has a market capitalization of $125.06 billion, a price-to-earnings ratio of 38.66, a price-to-earnings-growth ratio of 1.73 and a beta of 1.01. The company's 50-day simple moving average is $99.23 and its two-hundred day simple moving average is $99.92.

Starbucks (NASDAQ:SBUX - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The coffee company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.08. Starbucks had a net margin of 6.66% and a negative return on equity of 38.61%. The firm had revenue of $9.14 billion during the quarter, compared to analysts' expectations of $9.22 billion. During the same quarter in the prior year, the company earned $0.52 EPS. The company's revenue was down 4.5% compared to the same quarter last year. Equities analysts expect that Starbucks Corporation will post 3.22 earnings per share for the current fiscal year.

Starbucks Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be given a $0.63 dividend. This represents a $2.52 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, November 13th. This is a positive change from Starbucks's previous quarterly dividend of $0.62. Starbucks's dividend payout ratio is presently 112.22%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on SBUX. Sanford C. Bernstein cut shares of Starbucks from an "outperform" rating to a "market perform" rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $126.00 price objective (up from $120.00) on shares of Starbucks in a report on Thursday, July 30th. Gordon Haskett upped their price objective on Starbucks from $110.00 to $118.00 and gave the company a "hold" rating in a research report on Thursday, July 30th. BTIG Research reiterated a "buy" rating and issued a $115.00 target price on shares of Starbucks in a research note on Friday, October 30th. Finally, TD Cowen restated a "buy" rating and issued a $120.00 target price on shares of Starbucks in a research note on Friday, October 30th. Twenty-one analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $108.74.

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of the company's stock in a transaction on Friday, September 4th. The stock was sold at an average price of $105.60, for a total transaction of $235,382.40. Following the completion of the sale, the chief executive officer directly owned 73,149 shares in the company, valued at $7,724,534.40. This represents a 2.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 4,458 shares of company stock valued at $449,684. Insiders own 0.03% of the company's stock.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks reached a fresh 52-week high, reflecting strong investor demand. Restaurant stocks broadly advanced as well, providing a sector tailwind. Starbucks Reaches a Fresh 52-Week High at $109.70
• Positive Sentiment: Quarterly EPS rose 54% year over year to $0.80, beating the $0.72 consensus. Commentary highlighted improving coffeehouse sales, higher U.S. customer spending per visit, digital initiatives and cost savings as drivers of a potential recovery. Starbucks Served Up a 54% Earnings Jump Why Morgan Stanley sees customers spending more at Starbucks
• Neutral Sentiment: The China business is shifting to a licensed joint-venture model, changing how revenue is recorded. Starbucks says it is pursuing cost savings and margin improvement, but the transition complicates comparisons. Is China Licensing Shift Altering The Investment Case For Starbucks?
• Negative Sentiment: Revenue fell 4.5% year over year to $9.14 billion and missed analyst estimates. Management expects consolidated revenue to decline about 1% in fiscal 2027, partly because of the China licensing change and the calendar effect of a 53rd week. SBUX Q3 (fiscal Q4 2026) deep dive

Starbucks Company Profile

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.

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