National Pension Service Has $285.71 Million Stake in Starbucks Corporation $SBUX

National Pension Service raised its position in Starbucks Corporation (NASDAQ:SBUX) by 1.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,795,886 shares of the coffee company’s stock after buying an additional 37,412 shares during the quarter. National Pension Service’s holdings in Starbucks were worth $285,712,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SBUX. Meeder Asset Management Inc. acquired a new stake in shares of Starbucks during the 2nd quarter worth approximately $25,000. Black Cypress Capital Management LLC acquired a new position in Starbucks during the second quarter valued at approximately $27,000. Phillip James Consulting Co. acquired a new position in Starbucks during the fourth quarter valued at approximately $25,000. Cornerstone Financial Management LLC bought a new stake in Starbucks during the fourth quarter worth $25,000. Finally, Entrust Financial LLC acquired a new stake in shares of Starbucks in the 4th quarter valued at $26,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Starbucks Stock Performance

Shares of SBUX opened at $100.04 on Thursday. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51. The stock has a market capitalization of $114.05 billion, a price-to-earnings ratio of 57.49, a PEG ratio of 1.76 and a beta of 0.97. The stock has a fifty day moving average of $105.37 and a 200-day moving average of $101.27.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share 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 business 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 company posted $0.50 EPS. Starbucks’s quarterly revenue was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities analysts forecast that Starbucks Corporation will post 2.64 EPS for the current year.

Insider Activity at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $105.60, for a total transaction of $235,382.40. Following the sale, the chief executive officer directly owned 73,149 shares in the company, valued at approximately $7,724,534.40. The trade was a 2.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,687 shares of company stock worth $703,450 over the last quarter. Company insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

SBUX has been the subject of a number of research analyst reports. Melius Research set a $110.00 price target on Starbucks in a report on Monday, August 3rd. DA Davidson raised their price objective on Starbucks from $102.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. BNP Paribas Exane lifted their target price on Starbucks from $87.00 to $92.00 and gave the company an “underperform” rating in a research report on Thursday, July 30th. Sanford C. Bernstein downgraded Starbucks from an “outperform” rating to a “market perform” rating in a research note on Monday, August 3rd. Finally, BTIG Research reissued a “buy” rating and issued a $115.00 target price on shares of Starbucks in a report on Friday, July 31st. One research 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $110.30.

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.