13,642 Shares in Starbucks Corporation $SBUX Bought by Oak Thistle LLC

Key Points

• Oak Thistle LLC established a new position in Starbucks, purchasing 13,642 shares valued at approximately $1.15 million during the fourth quarter.
• Starbucks' latest quarter showed an EPS miss ($0.56 vs. $0.59 consensus) while revenue beat at $9.92 billion (+5.5% YoY), and management set FY2026 EPS guidance of 2.150–2.400.
• 72.29% of SBUX is owned by institutional investors (Vanguard holds ~113.4M shares), and Wall Street's consensus is a Hold with a $103.07 price target as the stock trades at ~80.1x P/E and a $110.4B market cap.

Oak Thistle LLC bought a new position in Starbucks Corporation (NASDAQ:SBUX - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 13,642 shares of the coffee company's stock, valued at approximately $1,149,000.

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

Starbucks Price Performance

Shares of Starbucks stock opened at $96.92 on Friday. The stock has a market cap of $110.42 billion, a price-to-earnings ratio of 80.10, a PEG ratio of 2.17 and a beta of 0.95. The firm's 50-day moving average is $95.46 and its 200 day moving average is $89.30. Starbucks Corporation has a 1 year low of $75.50 and a 1 year high of $104.82.

Starbucks (NASDAQ:SBUX - Get Free Report) last announced its quarterly earnings results 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). The firm had revenue of $9.92 billion during the quarter, compared to the consensus estimate of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The business's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, equities analysts expect that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on SBUX. Wells Fargo & Company set a $110.00 price objective on shares of Starbucks in a research report on Wednesday, January 28th. BTIG Research restated a "buy" rating and set a $105.00 target price on shares of Starbucks in a report on Thursday, January 29th. BNP Paribas Exane upgraded shares of Starbucks to a "strong sell" rating in a report on Monday, March 30th. Sanford C. Bernstein restated an "outperform" rating on shares of Starbucks in a report on Wednesday, March 4th. Finally, Wolfe Research started coverage on shares of Starbucks in a report on Monday, March 9th. They set a "peer perform" rating on the stock. Fifteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, Starbucks presently has an average rating of "Hold" and a consensus price target of $103.07.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: New product: Starbucks launched "Energy Refreshers" in U.S. stores (April 7) — a boosted version of its Refreshers line aimed at capturing afternoon energy-drink demand and increasing purchase frequency and ticket size. Starbucks debuts a new drink to take on energy brands
• Positive Sentiment: Talent hire: Starbucks poached an executive from Chipotle to lead brand/design efforts — a move that could accelerate store and brand refresh initiatives tied to its turnaround strategy. Starbucks (SBUX) Steals Another Executive from Chipotle
• Neutral Sentiment: Regional operations: Alshaya Group will take over Starbucks operations in Greece and Cyprus — a licensing/operator change that is operationally routine but not expected to materially shift near-term financials. Alshaya Group takes over Starbucks
• Neutral Sentiment: Insider activity: CEO Brady Brewer sold 1,641 shares under a pre-arranged Rule 10b5-1 plan — generally viewed as neutral because trades are pre-planned, though some investors watch insider sales for signaling. SEC Filing: Brady Brewer Form 4
• Negative Sentiment: Legal risk: A law firm circulated a PR notice inviting shareholders to discuss possible fiduciary-breach claims — an early-stage solicitation that could create headline risk and pressure sentiment if it develops into formal litigation. Did Starbucks Corporation Insiders Breach their Fiduciary Duties?
• Negative Sentiment: PR/operational hit & competition: A consumer PR incident (alleged flight delay linked to a Starbucks order) and ongoing competitive pressure from fast-growing lower-cost chains (e.g., Dutch Bros) have generated negative headlines and remind investors of execution and margin risks during the turnaround. Starbucks Stock Slips After Indirectly Causing a Flight Delay Dutch Bros Outperform Rating

Insider Transactions at Starbucks

In related news, CEO Brady Brewer sold 1,641 shares of the company's stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $159,373.92. Following the transaction, the chief executive officer owned 86,605 shares in the company, valued at $8,411,077.60. The trade was a 1.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Sara Kelly sold 2,500 shares of the company's stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $242,800.00. Following the completion of the transaction, 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 position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 6,370 shares of company stock worth $608,664. 0.03% of the stock is currently owned by company insiders.

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.

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