Dimensional Fund Advisors LP Has $238.66 Million Stock Holdings in Starbucks Corporation $SBUX

Key Points

• Dimensional Fund Advisors LP boosted its stake in Starbucks by 1.0% to 2,820,720 shares, worth about $238.66 million at quarter-end.
• Other large institutional moves include Norges Bank opening a new ~$1.246 billion position and sizable increases from Invesco and Corient, leaving institutions owning 72.29% of SBUX.
• Starbucks' latest quarter missed EPS ($0.56 vs. $0.59 est.) but beat revenue at $9.92B, set FY2026 guidance of 2.15–2.40 EPS, and holds an average analyst rating of Moderate Buy with a $104.22 target.

Dimensional Fund Advisors LP boosted its holdings in Starbucks Corporation (NASDAQ:SBUX - Free Report) by 1.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,820,720 shares of the coffee company's stock after acquiring an additional 27,203 shares during the quarter. Dimensional Fund Advisors LP owned 0.25% of Starbucks worth $238,656,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SBUX. Norges Bank acquired a new position in shares of Starbucks in the 2nd quarter worth approximately $1,246,316,000. Corient Private Wealth LLC grew its position in Starbucks by 146.6% in the second quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company's stock valued at $553,201,000 after acquiring an additional 3,596,014 shares during the period. Invesco Ltd. grew its position in Starbucks by 11.2% in the second quarter. Invesco Ltd. now owns 12,757,954 shares of the coffee company's stock valued at $1,169,011,000 after acquiring an additional 1,286,451 shares during the period. California Public Employees Retirement System raised its stake in Starbucks by 68.0% during the second quarter. California Public Employees Retirement System now owns 3,027,814 shares of the coffee company's stock worth $277,439,000 after acquiring an additional 1,225,447 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in shares of Starbucks by 22.5% during the second quarter. Massachusetts Financial Services Co. MA now owns 5,578,977 shares of the coffee company's stock valued at $511,202,000 after acquiring an additional 1,026,056 shares during the period. Institutional investors own 72.29% of the company's stock.

Starbucks Stock Performance

Shares of SBUX stock opened at $98.99 on Friday. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $106.86. The stock has a market capitalization of $112.78 billion, a PE ratio of 81.81, a PEG ratio of 2.21 and a beta of 0.93. The stock's fifty day moving average is $93.71 and its 200-day moving average is $87.88.

Starbucks (NASDAQ:SBUX - Get Free Report) last released 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). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business 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 earned $0.69 earnings per share. The business's quarterly revenue was up 5.5% compared to the same quarter last year. 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 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Guggenheim restated a "neutral" rating and issued a $95.00 target price (up from $90.00) on shares of Starbucks in a research note on Wednesday. Weiss Ratings reiterated a "hold (c-)" rating on shares of Starbucks in a research report on Monday, December 29th. Royal Bank Of Canada reissued an "outperform" rating and set a $105.00 price target on shares of Starbucks in a report on Thursday, January 29th. UBS Group reaffirmed a "neutral" rating on shares of Starbucks in a research note on Friday, January 30th. Finally, BTIG Research reaffirmed a "buy" rating and set a $105.00 price objective on shares of Starbucks in a report on Thursday, January 29th. Seventeen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $104.22.

Starbucks Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.