Starbucks Corporation $SBUX Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd lessened its stake in Starbucks Corporation (NASDAQ:SBUX) by 87.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,078 shares of the coffee company’s stock after selling 126,442 shares during the period. WINTON GROUP Ltd’s holdings in Starbucks were worth $1,529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in SBUX. Transce3nd LLC increased its position in shares of Starbucks by 270.3% during the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. Collier Financial acquired a new stake in shares of Starbucks in the 3rd quarter valued at about $25,000. Y.D. More Investments Ltd purchased a new position in Starbucks during the 3rd quarter worth approximately $26,000. MTM Investment Management LLC purchased a new position in Starbucks during the 2nd quarter worth approximately $28,000. Finally, PFS Partners LLC increased its position in Starbucks by 457.4% during 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 period. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Sara Kelly sold 2,500 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president owned 59,609 shares in the company, valued at $5,789,226.08. This trade represents a 4.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Brady Brewer sold 1,641 shares of the business’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 sale, the chief executive officer directly owned 86,605 shares in the company, valued at approximately $8,411,077.60. This represents a 1.86% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.03% of the company’s stock.

Starbucks Price Performance

SBUX opened at $100.77 on Wednesday. Starbucks Corporation has a 12 month low of $75.50 and a 12 month high of $104.82. The stock has a market capitalization of $114.81 billion, a P/E ratio of 83.28, a P/E/G ratio of 2.24 and a beta of 0.93. The business has a 50 day simple moving average of $94.31 and a 200-day simple moving average of $88.03.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates 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 negative return on equity of 28.66% and a net margin of 3.63%.The company’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Research analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SBUX. Evercore reiterated an “outperform” rating on shares of Starbucks in a research note on Wednesday, January 28th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $105.00 target price on shares of Starbucks in a report on Thursday, January 29th. TD Cowen reiterated a “hold” rating and issued a $89.00 price target (up from $84.00) on shares of Starbucks in a research report on Friday, January 30th. Bank of America set a $114.00 price target on shares of Starbucks in a research note on Wednesday, January 21st. Finally, William Blair raised shares of Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 22nd. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Starbucks presently has an average rating of “Moderate Buy” and an average target price of $104.22.

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.