Starbucks Corporation $SBUX Shares Acquired by Caldwell Trust Co

Key Points

• Caldwell Trust Co increased its Starbucks stake by 530.1% in the third quarter, adding 15,059 shares to hold 17,900 shares valued at $1.682 million.
• Analyst views are mixed: 21 rate the stock Buy, 15 Hold and 4 Sell, resulting in a consensus Hold rating and a $108.74 average price target.
• Starbucks beat quarterly EPS expectations with $0.80 versus $0.72 forecast, but revenue fell 4.5% year over year to $9.14 billion and missed estimates; the company also raised its quarterly dividend to $0.63 per share.

Caldwell Trust Co increased its holdings in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) by 530.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,900 shares of the coffee company's stock after acquiring an additional 15,059 shares during the quarter. Caldwell Trust Co's holdings in Starbucks were worth $1,682,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SBUX. BlackRock Inc. purchased a new stake in Starbucks in the 2nd quarter valued at $8,504,509,000. Bank of America Corp DE purchased a new stake in shares of Starbucks in the second quarter valued at about $1,581,287,000. Bank of New York Mellon Corp purchased a new stake in shares of Starbucks in the second quarter valued at about $779,790,000. Legal & General Group Plc purchased a new stake in shares of Starbucks in the second quarter valued at about $649,622,000. Finally, Corient Private Wealth LP acquired a new stake in Starbucks during the second quarter worth about $289,019,000. Hedge funds and other institutional investors own 72.29% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on SBUX shares. Citigroup boosted their target price on shares of Starbucks from $104.00 to $107.00 and gave the company a "neutral" rating in a report on Monday. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $126.00 price objective (up from $120.00) on shares of Starbucks in a report on Thursday, July 30th. KeyCorp reissued a "sector weight" rating on shares of Starbucks in a research note on Friday, October 30th. Robert W. Baird reduced their target price on Starbucks from $124.00 to $115.00 and set an "outperform" rating on the stock in a research report on Friday, October 2nd. Finally, Melius Research set a $110.00 price objective on Starbucks in a research report on Monday, August 3rd. Twenty-one research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Starbucks has a consensus rating of "Hold" and a consensus target price of $108.74.

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $109.70 on Thursday. The firm has a market capitalization of $125.06 billion, a PE ratio of 49.64, a price-to-earnings-growth ratio of 1.73 and a beta of 1.01. The firm's 50-day moving average is $99.23 and its two-hundred day moving average is $99.92. Starbucks Corporation has a 1 year low of $79.04 and a 1 year high of $110.51.

Starbucks (NASDAQ:SBUX - Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The coffee company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.72 by $0.08. Starbucks had a net margin of 6.66% and a negative return on equity of 38.61%. The business had revenue of $9.14 billion during the quarter, compared to analyst estimates of $9.22 billion. The business's revenue for the quarter was down 4.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.52 earnings per share. Analysts expect that Starbucks Corporation will post 3.22 EPS for the current fiscal year.

Starbucks Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 13th will be issued a dividend of $0.63 per share. This is a boost from Starbucks's previous quarterly dividend of $0.62. The ex-dividend date is Friday, November 13th. This represents a $2.52 dividend on an annualized basis and a yield of 2.3%. Starbucks's dividend payout ratio (DPR) is currently 112.22%.

Insider Buying and Selling

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the firm's stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $105.60, for a total value of $235,382.40. Following the completion of the transaction, the chief executive officer owned 73,149 shares of the company's stock, valued at $7,724,534.40. This trade represents a 2.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 4,458 shares of company stock valued at $449,684. Company insiders own 0.03% of the company's stock.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks reached a fresh 52-week high, reflecting strong investor demand. Restaurant stocks broadly advanced as well, providing a sector tailwind. Starbucks Reaches a Fresh 52-Week High at $109.70
• Positive Sentiment: Quarterly EPS rose 54% year over year to $0.80, beating the $0.72 consensus. Commentary highlighted improving coffeehouse sales, higher U.S. customer spending per visit, digital initiatives and cost savings as drivers of a potential recovery. Starbucks Served Up a 54% Earnings Jump Why Morgan Stanley sees customers spending more at Starbucks
• Neutral Sentiment: The China business is shifting to a licensed joint-venture model, changing how revenue is recorded. Starbucks says it is pursuing cost savings and margin improvement, but the transition complicates comparisons. Is China Licensing Shift Altering The Investment Case For Starbucks?
• Negative Sentiment: Revenue fell 4.5% year over year to $9.14 billion and missed analyst estimates. Management expects consolidated revenue to decline about 1% in fiscal 2027, partly because of the China licensing change and the calendar effect of a 53rd week. SBUX Q3 (fiscal Q4 2026) deep dive

Starbucks Profile

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.

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