Nykredit A S Acquires New Shares in Starbucks Corporation $SBUX

Key Points

• Nykredit A/S acquired 288,913 Starbucks shares in the second quarter, valued at approximately $29.5 million. Institutional investors collectively own 72.29% of the company.
• Starbucks exceeded quarterly expectations with $0.85 in earnings per share versus the $0.66 consensus estimate and $9.32 billion in revenue, though revenue declined 1.4% year over year.
• Analyst sentiment is mixed: the consensus rating is Hold with a $110.30 price target, while Starbucks faces valuation and consumer-spending concerns despite plans to open 600–650 net new stores in fiscal 2026.

Nykredit A S acquired a new stake in Starbucks Corporation (NASDAQ:SBUX - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 288,913 shares of the coffee company's stock, valued at approximately $29,524,000.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Starbucks during the 2nd quarter worth about $8,504,509,000. Capital World Investors raised its holdings in shares of Starbucks by 9.0% during the fourth quarter. Capital World Investors now owns 84,727,405 shares of the coffee company's stock worth $7,135,228,000 after acquiring an additional 7,007,268 shares in the last quarter. State Street Corp raised its holdings in shares of Starbucks by 0.7% during the fourth quarter. State Street Corp now owns 47,869,056 shares of the coffee company's stock worth $4,031,053,000 after acquiring an additional 327,161 shares in the last quarter. Geode Capital Management LLC boosted its position in Starbucks by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company's stock valued at $2,212,153,000 after purchasing an additional 225,168 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its position in Starbucks by 65.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company's stock valued at $1,637,704,000 after acquiring an additional 7,725,547 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $126.00 target price on shares of Starbucks in a research report on Thursday, July 30th. DA Davidson raised their price target on shares of Starbucks from $102.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, July 30th. TD Cowen reaffirmed a "buy" rating on shares of Starbucks in a research note on Tuesday, August 18th. UBS Group upped their price objective on shares of Starbucks from $105.00 to $112.00 and gave the stock a "neutral" rating in a report on Thursday, July 30th. Finally, BMO Capital Markets reissued an "outperform" rating and set a $130.00 target price on shares of Starbucks in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $110.30.

Starbucks Price Performance

SBUX opened at $95.83 on Friday. The firm's fifty day moving average price is $104.43 and its two-hundred day moving average price is $101.27. The company has a market capitalization of $109.25 billion, a P/E ratio of 55.07, a P/E/G ratio of 1.67 and a beta of 0.97. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $110.51.

Starbucks (NASDAQ:SBUX - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The company had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same quarter in the previous year, the firm earned $0.50 earnings per share. The business's revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, equities research analysts expect that Starbucks Corporation will post 2.64 EPS for the current fiscal year.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks plans to open approximately 600–650 net new stores in fiscal 2026, with growth focused on international markets, licensed locations and disciplined development. The strategy could support long-term revenue growth if new stores generate attractive returns. Can Starbucks' 600-650 New Stores Strengthen Its Global Growth?
• Positive Sentiment: Some analysts remain bullish on Starbucks as a consumer-cyclical investment, providing a counterpoint to the recent weakness in restaurant shares. Analysts Are Bullish on These Consumer Cyclical Stocks
• Neutral Sentiment: Brokerages collectively maintain a “Hold” recommendation, suggesting analysts see balanced upside and downside rather than a clear near-term catalyst. Starbucks Receives Consensus Hold Recommendation
• Neutral Sentiment: Starbucks’ placement of Floura fiber-based snacks gives the startup visibility and credibility, but the arrangement appears too small to materially affect Starbucks’ financial results. Jeni's Splendid Ice Creams Founder on New Fiber Company
• Neutral Sentiment: Starbucks is reportedly considering a roughly $3 billion sale of a majority stake in its Japan business. Such a transaction could unlock capital and sharpen its asset-light model, but it also risks reducing control over an important international market. Starbucks Considers $3 Billion Japan Stake Sale
• Negative Sentiment: Restaurant stocks, including Starbucks, McDonald’s and Dutch Bros, are broadly declining as investors reassess consumer spending and sector valuations. Starbucks’ approximately 55 forward-trailing price-to-earnings ratio increases sensitivity to weaker growth expectations. Restaurant Stocks Are Tumbling
• Negative Sentiment: Starbucks agreed to pay $1 million and provide four years of compliance certifications to settle Florida litigation over diversity policies. Although the financial cost is modest, the company faces added compliance obligations and continued political and reputational scrutiny. Starbucks Settles Florida Lawsuit

Insiders Place Their Bets

In other Starbucks 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 value of $235,382.40. Following the transaction, the chief executive officer directly owned 73,149 shares of the company's stock, valued at $7,724,534.40. This represents a 2.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 6,687 shares of company stock valued at $703,450. 0.03% of the stock is currently owned by corporate insiders.

Starbucks Profile

Starbucks Corporation is a global coffeehouse company that roasts, markets and sells specialty coffee, tea, cold beverages, food and other related products. Its offerings include brewed coffee, espresso-based beverages, cold drinks, teas, pastries, breakfast items and packaged coffee and tea products. Starbucks also sells branded merchandise, including drinkware and related accessories.

Founded in 1971 in Seattle, Starbucks has grown from a local coffee retailer into an international business.

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