Orion Porfolio Solutions LLC Lowers Holdings in Starbucks Corporation $SBUX

Key Points

• Orion Portfolio Solutions LLC trimmed its stake in Starbucks by 5.3% in Q3, selling 11,182 shares and leaving 197,957 shares valued at about $16.75M, while institutions own 72.29% of SBUX and Vanguard holds 113,438,902 shares (~$9.6B).
• Starbucks missed quarterly EPS expectations ($0.56 vs. $0.59) but beat on revenue ($9.92B, +5.5% YoY), and analysts maintain a generally positive view with a consensus "Moderate Buy" and an average price target of $104.50.

Orion Porfolio Solutions LLC lowered its holdings in Starbucks Corporation (NASDAQ:SBUX - Free Report) by 5.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 197,957 shares of the coffee company's stock after selling 11,182 shares during the period. Orion Porfolio Solutions LLC's holdings in Starbucks were worth $16,747,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Nordea Investment Management AB grew its position in shares of Starbucks by 3.2% during the third quarter. Nordea Investment Management AB now owns 433,112 shares of the coffee company's stock worth $36,576,000 after buying an additional 13,262 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in Starbucks by 3.1% in the third quarter. Asset Management One Co. Ltd. now owns 548,768 shares of the coffee company's stock worth $46,426,000 after acquiring an additional 16,428 shares during the last quarter. Providence Capital Advisors LLC acquired a new position in Starbucks during the 3rd quarter worth approximately $6,099,000. Allstate Corp purchased a new stake in shares of Starbucks in the 3rd quarter valued at approximately $3,491,000. Finally, Vanguard Group Inc. raised its holdings in shares of Starbucks by 0.5% in 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 in the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on SBUX shares. Citigroup lowered their target price on shares of Starbucks from $94.00 to $92.00 and set a "neutral" rating for the company in a research note on Monday, February 2nd. William Blair raised Starbucks from a "market perform" rating to an "outperform" rating in a research report on Thursday, January 22nd. Sanford C. Bernstein reissued an "outperform" rating on shares of Starbucks in a research report on Wednesday. Royal Bank Of Canada restated an "outperform" rating and set a $105.00 target price on shares of Starbucks in a research note on Thursday, January 29th. Finally, Evercore reiterated an "outperform" rating on shares of Starbucks in a research note on Wednesday, January 28th. Seventeen equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $104.50.

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $98.64 on Friday. The stock has a market cap of $112.38 billion, a P/E ratio of 81.52, a P/E/G ratio of 2.17 and a beta of 0.93. The firm has a fifty day moving average price of $93.43 and a 200 day moving average price of $87.86. Starbucks Corporation has a 1-year low of $75.50 and a 1-year high of $110.43.

Starbucks (NASDAQ:SBUX - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 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 analyst estimates of $9.62 billion. During the same quarter in the prior year, the firm posted $0.69 earnings per share. The company's revenue for the quarter was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Sell-side analysts expect that Starbucks Corporation will post 2.99 EPS for the current fiscal year.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: New Nashville corporate office to bolster U.S. supply chain and support Southeast growth — the move is being framed as an operational efficiency and execution play that could lower costs and improve service in fast-growing markets. Starbucks Nashville Hub Puts Supply Chain Focus And Valuation In Spotlight
• Positive Sentiment: Analyst backing: Bernstein reiterated a Buy rating and a $100 price target, citing operational initiatives and cost savings as drivers for EPS expansion — this helps justify current valuation and supports upside expectations. Starbucks: Operational Initiatives and Cost Savings Underpin Path to EPS Growth and $100 Price Target
• Positive Sentiment: Sector tailwinds: industry reports forecast sizable growth in fast-food/quick-service and restaurant takeout markets through 2030, highlighting opportunities from digital ordering, delivery, automation and expansion—structural demand that benefits Starbucks' scale and digital ecosystem. Restaurant Takeout Analysis Report 2026-2035
• Neutral Sentiment: Stock is trending and attracting retail attention — coverage notes SBUX as a frequently searched/trending name, which can increase short-term volume but doesn't change fundamentals. Starbucks Corporation (SBUX) Is a Trending Stock
• Negative Sentiment: Reputational noise: commentary from RFK Jr. and related calls for “safety data” on sweet beverages generated headlines — a potential PR risk that could affect brand perception but so far hasn’t moved fundamentals materially. “Show us the Safety Data”: Starbucks Stock Gains Despite RFK Jr. Outcry

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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