M&T Bank Corp lessened its stake in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) by 51.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 250,166 shares of the coffee company's stock after selling 263,443 shares during the period. M&T Bank Corp's holdings in Starbucks were worth $23,121,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of SBUX. Brighton Jones LLC grew its holdings in shares of Starbucks by 86.5% during the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company's stock valued at $16,126,000 after buying an additional 81,952 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in Starbucks by 47.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company's stock worth $334,000 after acquiring an additional 1,164 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Starbucks during the 2nd quarter worth about $288,000. Gamco Investors INC. ET AL lifted its position in Starbucks by 92.8% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,225 shares of the coffee company's stock worth $479,000 after acquiring an additional 2,515 shares during the period. Finally, NewEdge Advisors LLC grew its stake in Starbucks by 7.6% during the 2nd quarter. NewEdge Advisors LLC now owns 112,710 shares of the coffee company's stock valued at $10,328,000 after purchasing an additional 7,978 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company's stock.
Analyst Ratings Changes
SBUX has been the subject of several research analyst reports. Barclays set a $116.00 price objective on Starbucks and gave the stock an "overweight" rating in a research note on Friday, January 30th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Starbucks in a report on Monday, December 29th. BNP Paribas Exane raised shares of Starbucks to a "strong sell" rating in a research report on Monday, March 30th. BMO Capital Markets restated an "outperform" rating and set a $120.00 price objective on shares of Starbucks in a research note on Friday, January 30th. Finally, Zacks Research raised shares of Starbucks from a "strong sell" rating to a "hold" rating in a report on Tuesday, January 27th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $104.93.
Read Our Latest Stock Analysis on SBUX
Insider Buying and Selling at Starbucks
In other Starbucks news, EVP Sara Kelly sold 2,500 shares of Starbucks stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $242,800.00. Following the completion of the transaction, the executive vice president owned 59,609 shares of the company's stock, valued at approximately $5,789,226.08. The trade was a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Brady Brewer sold 1,641 shares of the company's stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $159,373.92. Following the completion of the transaction, the chief executive officer owned 86,605 shares of the company's stock, valued at approximately $8,411,077.60. This trade represents a 1.86% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 6,958 shares of company stock valued at $667,464. Company insiders own 0.03% of the company's stock.
Starbucks Stock Up 0.0%
Shares of SBUX opened at $99.54 on Friday. The company has a market capitalization of $113.41 billion, a price-to-earnings ratio of 82.26, a PEG ratio of 2.25 and a beta of 0.95. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $104.82. The stock's 50-day moving average price is $95.93 and its 200-day moving average price is $90.23.
Starbucks (NASDAQ:SBUX - Get Free Report) last announced 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 company had revenue of $9.92 billion during the quarter, compared to analyst estimates of $9.62 billion. During the same period in the previous year, the firm posted $0.69 earnings per share. The company's 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, equities analysts anticipate that Starbucks Corporation will post 2.31 EPS for the current fiscal year.
Starbucks Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, May 15th. Starbucks's payout ratio is currently 204.96%.
Key Stories Impacting Starbucks
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Early signs that Starbucks’ loyalty revamp is drawing value‑seeking customers — the new 60‑star redemption option is reportedly the most popular redemption and is driving traffic, which supports near‑term comp recovery. Read More.
- Positive Sentiment: Starbucks picked Nashville for a $100M Southeast corporate/support office; the move (and Benzinga’s report of a stock jump after the announcement) signals investment in U.S. operations and regional support that could improve execution and lower costs over time. Read More.
- Positive Sentiment: Retail/packaged‑goods expansion: Nestlé/Keurig distribution extension for Starbucks K‑Cup pods broadens at‑home revenue and recurring grocery exposure. Read More.
- Neutral Sentiment: Analysts are mixed but constructive — several firms keep hold/buy views and some (e.g., Stifel) are more bullish on upside, supporting market interest ahead of earnings. Read More.
- Neutral Sentiment: CEO Brady Brewer disclosed a small, pre‑arranged sale under a 10b5‑1 plan; routine insider selling is not a clear directional signal. Read More.
- Negative Sentiment: Starbucks is cutting/reshaping tech roles and paring back some tech jobs as it brings more tech work in‑house — this could produce one‑time charges, execution risk for digital initiatives, and near‑term disruption. Read More.
- Negative Sentiment: Investors remain cautious ahead of April 28 earnings after the last quarter missed EPS; high trailing valuation and weak ROE make SBUX sensitive to any execution slip. Read More.
- Negative Sentiment: Competitive pressure: challengers (Dunkin’, Dutch Bros, regional chains) and store strategy shifts (exurbs/drive‑through focus) complicate long‑term comps and unit economics. Read More.
Starbucks Profile
(
Free Report)
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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