Victory Capital Management Inc. Buys 54,362 Shares of Starbucks Corporation $SBUX

Key Points

• Victory Capital increased its stake in Starbucks by 54,362 shares (a 4.9% add) to 1,154,660 shares—worth about $97.7 million and representing roughly 0.10% of the company; hedge funds and other institutions own about 72.29% of SBUX.
• Starbucks reported Q EPS of $0.56 (missed consensus of $0.59) while revenue beat at $9.92 billion (+5.5% YoY); company set FY2026 EPS guidance of 2.150–2.400 and analysts have an average rating of Moderate Buy with a $104.50 price target.

Victory Capital Management Inc. boosted its stake in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) by 4.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,154,660 shares of the coffee company's stock after purchasing an additional 54,362 shares during the quarter. Victory Capital Management Inc. owned about 0.10% of Starbucks worth $97,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Cooper Haims Advisors LLC boosted its holdings in shares of Starbucks by 3.0% in the 2nd quarter. Cooper Haims Advisors LLC now owns 3,749 shares of the coffee company's stock valued at $344,000 after buying an additional 110 shares in the last quarter. Silver Oak Securities Incorporated lifted its position in Starbucks by 2.4% during the third quarter. Silver Oak Securities Incorporated now owns 5,288 shares of the coffee company's stock valued at $447,000 after acquiring an additional 122 shares during the last quarter. Pioneer Trust Bank N A OR boosted its stake in Starbucks by 1.1% in the third quarter. Pioneer Trust Bank N A OR now owns 11,437 shares of the coffee company's stock valued at $968,000 after acquiring an additional 125 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in Starbucks by 3.5% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 3,765 shares of the coffee company's stock valued at $345,000 after acquiring an additional 126 shares in the last quarter. Finally, Capital Advisors Wealth Management LLC grew its holdings in Starbucks by 1.6% in the third quarter. Capital Advisors Wealth Management LLC now owns 8,513 shares of the coffee company's stock worth $720,000 after purchasing an additional 130 shares during the last quarter. Hedge funds and other institutional investors own 72.29% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on SBUX shares. New Street Research set a $90.00 price objective on Starbucks in a report on Tuesday, January 27th. TD Cowen reissued a "hold" rating and issued a $89.00 price target (up from $84.00) on shares of Starbucks in a report on Friday, January 30th. Wall Street Zen upgraded Starbucks from a "sell" rating to a "hold" rating in a research note on Saturday, November 22nd. BMO Capital Markets reaffirmed an "outperform" rating and issued a $120.00 price objective on shares of Starbucks in a research report on Friday, January 30th. Finally, William Blair upgraded shares of Starbucks from a "market perform" rating to an "outperform" rating in a research note on Thursday, January 22nd. Seventeen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Starbucks currently has an average rating of "Moderate Buy" and an average price target of $104.50.

Starbucks Trading Up 0.5%

Shares of NASDAQ:SBUX opened at $97.15 on Thursday. Starbucks Corporation has a twelve month low of $75.50 and a twelve month high of $112.52. The company has a market cap of $110.68 billion, a PE ratio of 80.29, a price-to-earnings-growth ratio of 2.16 and a beta of 0.93. The company's 50 day moving average is $93.15 and its 200 day moving average is $87.78.

Starbucks (NASDAQ:SBUX - Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.03). The business had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business's revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Equities research analysts predict that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

About Starbucks

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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