Bristol John W & Co. Inc. NY Purchases 353,751 Shares of Starbucks Corporation $SBUX

Key Points

• Bristol John W & Co. Inc. NY increased its Starbucks stake by 35.7% in Q3, purchasing 353,751 shares to hold 1,344,311 shares (about $113.7M), making SBUX its 20th-largest holding.
• Starbucks posted Q EPS of $0.56 (miss vs. $0.59) with $9.92B revenue, set FY26 guidance of $2.15–2.40 EPS, and faces mixed sentiment—analysts maintain a "Moderate Buy" consensus (avg. target $104.22) amid small insider sales and both positive endorsements and skeptical media coverage.

Bristol John W & Co. Inc. NY increased its position in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) by 35.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,344,311 shares of the coffee company's stock after purchasing an additional 353,751 shares during the quarter. Starbucks makes up approximately 1.8% of Bristol John W & Co. Inc. NY's holdings, making the stock its 20th biggest holding. Bristol John W & Co. Inc. NY owned approximately 0.12% of Starbucks worth $113,729,000 at the end of the most recent reporting period.

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

Starbucks Trading Down 1.2%

Starbucks stock opened at $100.18 on Friday. The company has a market cap of $114.14 billion, a PE ratio of 82.79, a PEG ratio of 2.26 and a beta of 0.93. Starbucks Corporation has a 1 year low of $75.50 and a 1 year high of $104.82. The company's 50-day moving average is $94.97 and its two-hundred day moving average is $88.21.

Starbucks (NASDAQ:SBUX - Get Free Report) last issued its quarterly 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 business had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The firm's quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Research analysts forecast that Starbucks Corporation will post 2.99 EPS for the current year.

Insiders Place Their Bets

In other Starbucks news, EVP Sara Kelly sold 2,500 shares of the company's stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Brady Brewer sold 588 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the transaction, the chief executive officer directly owned 86,017 shares in the company, valued at approximately $8,601,700. This trade represents a 0.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,729 shares of company stock valued at $460,974 in the last ninety days. Company insiders own 0.03% of the company's stock.

Analyst Ratings Changes

SBUX has been the topic of a number of research analyst reports. Sanford C. Bernstein reissued an "outperform" rating on shares of Starbucks in a report on Wednesday, March 4th. BTIG Research reiterated a "buy" rating and set a $105.00 target price on shares of Starbucks in a research report on Thursday, January 29th. Bank of America set a $114.00 price target on shares of Starbucks in a research note on Wednesday, January 21st. Citigroup lowered their price target on shares of Starbucks from $94.00 to $92.00 and set a "neutral" rating for the company in a report on Monday, February 2nd. Finally, William Blair upgraded shares of Starbucks from a "market perform" rating to an "outperform" rating in a research report on Thursday, January 22nd. Seventeen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $104.22.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: High‑profile endorsement: CNBC reports that market commentator Josh Brown added Starbucks to his "Best Stocks" list, reinforcing momentum narrative and investor confidence in the turnaround. Starbucks makes it into Josh Brown's Best Stocks list as turnaround gains steam
• Positive Sentiment: Customer retention lift: TheStreet reports Starbucks has made its rewards program more generous, which management says is helping demand and could lift same‑store sales if retention trends continue. Starbucks makes its rewards program more generous for customers
• Positive Sentiment: Short interest down: Recent data showed a material fall in short interest (February), reducing a near‑term bearish overhang and potential for short squeezes to unwind — supportive for the tape. (No link)
• Neutral Sentiment: Shareholder forum scheduled: Starbucks will webcast its 2026 annual meeting on March 25; a governance update opportunity but unlikely to move fundamentals immediately. Starbucks to Webcast 2026 Annual Meeting of Shareholders
• Neutral Sentiment: Insider activity: CEO Brady Brewer sold a small number of shares (~588), a minor reduction that is being treated by the market as routine rather than a signal of deteriorating prospects. SEC Form 4
• Negative Sentiment: Sell-side and media skepticism: A Yahoo Finance/MSN "3 Reasons to Sell SBUX" piece argues valuation and execution risks remain despite the rally, which can pressure sentiment among rotational or value‑focused investors. 3 Reasons to Sell SBUX and 1 Stock to Buy Instead
• Negative Sentiment: Analyst caution: Wolfe Research initiated coverage and moved SBUX to Peer Perform (from Outperform), signaling more guarded views on competitive pressures and limiting upside from fresh buy‑side interest. Wolfe Research Turns Neutral on Starbucks (SBUX) amid Competitive Coffee Market
• Negative Sentiment: Store footprint changes & PR noise: Coverage of additional store closures/strategy shifts and founder Howard Schultz's move to Miami (amid a state tax story) create execution and reputational headlines that can weigh on sentiment short term. Starbucks announces more store closures as strategy shifts Starbucks Founder Leaves Washington State With Millionaire Tax

Starbucks Profile

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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