Uhlmann Price Securities LLC Takes $625,000 Position in Starbucks Corporation $SBUX

Uhlmann Price Securities LLC purchased a new position in Starbucks Corporation (NASDAQ:SBUX) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 7,387 shares of the coffee company’s stock, valued at approximately $625,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SBUX. Transce3nd LLC grew its stake in shares of Starbucks by 270.3% in the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after acquiring an additional 200 shares during the last quarter. Collier Financial purchased a new stake in Starbucks during the 3rd quarter valued at about $25,000. MTM Investment Management LLC bought a new stake in Starbucks during the 2nd quarter valued at about $28,000. PFS Partners LLC raised its holdings in Starbucks by 457.4% in the third quarter. PFS Partners LLC now owns 340 shares of the coffee company’s stock worth $29,000 after buying an additional 279 shares during the last quarter. Finally, RMG Wealth Management LLC lifted its stake in shares of Starbucks by 109.9% in the third quarter. RMG Wealth Management LLC now owns 382 shares of the coffee company’s stock worth $33,000 after buying an additional 200 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Starbucks Stock Down 3.1%

NASDAQ SBUX opened at $93.79 on Friday. The company has a 50-day moving average price of $90.22 and a 200-day moving average price of $87.29. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $117.46. The firm has a market capitalization of $106.85 billion, a P/E ratio of 77.51, a PEG ratio of 2.10 and a beta of 0.96.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter last year, the firm posted $0.69 earnings per share. The business’s quarterly 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 research analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on SBUX. Royal Bank Of Canada reissued an “outperform” rating and set a $105.00 price target on shares of Starbucks in a research report on Thursday, January 29th. Evercore restated an “outperform” rating on shares of Starbucks in a research note on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $113.00 price target on shares of Starbucks in a report on Thursday, January 29th. William Blair upgraded Starbucks from a “market perform” rating to an “outperform” rating in a report on Thursday, January 22nd. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Starbucks in a research note on Monday, January 26th. Eighteen research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $104.31.

Starbucks Company 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.