11,558 Shares of Starbucks Corporation $SBUX Bought by Range Financial Group LLC

21 Oct 2026, 12:32 by Kim Johansen · The Markets Daily

Range Financial Group LLC bought a new stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 11,558 shares of the coffee company’s stock, valued at approximately $1,086,000.

A number of other institutional investors and hedge funds also recently modified their holdings of SBUX. Meeder Asset Management Inc. acquired a new stake in Starbucks in the 2nd quarter valued at about $25,000. Black Cypress Capital Management LLC bought a new position in Starbucks during the second quarter worth about $27,000. Financial Freedom LLC increased its position in Starbucks by 296.2% during the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock worth $28,000 after buying an additional 234 shares during the last quarter. Bangor Savings Bank increased its position in Starbucks by 207.5% during the second quarter. Bangor Savings Bank now owns 326 shares of the coffee company’s stock worth $33,000 after buying an additional 220 shares during the last quarter. Finally, Allied Private Wealth LLC acquired a new position in Starbucks during the second quarter worth approximately $35,000. 72.29% of the stock is owned by institutional investors.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

Positive Sentiment: UBS expects Starbucks to exceed quarterly expectations, forecasting North American comparable-store sales growth of 7.5% versus the 6.7% consensus estimate and fiscal Q4 EPS of $0.77–$0.82 versus $0.72. Investors are also watching whether momentum can support a stronger fiscal 2027 outlook. Starbucks expected to build on US sales momentum as investors eye 2027 outlook
Positive Sentiment: Starbucks raised its quarterly dividend to $0.63 per share, reinforcing its shareholder-return strategy while it pursues a $2 billion cost-savings program. Starbucks raises its quarterly dividend
Positive Sentiment: A planned fiscal 2027 technology overhaul is intended to improve store efficiency, labor productivity and operating margins, potentially helping Starbucks convert sales growth into stronger earnings. Starbucks Eyes FY27 Tech Overhaul
Neutral Sentiment: Reports that Starbucks explored acquiring Chipotle were reportedly denied or debunked. Removing the prospect of a large acquisition may reduce deal-related uncertainty, but it also eliminates a potential diversification strategy.
Neutral Sentiment: Starbucks is attracting increased investor attention ahead of earnings, although the available reports provide limited new fundamental information beyond the upcoming results and turnaround expectations.
Negative Sentiment: Investors may remain cautious because Starbucks trades at a relatively elevated earnings multiple, making the stock sensitive to any Q4 sales miss, weaker fiscal 2027 guidance or evidence that recent U.S. sales momentum is fading.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Zacks Research lowered Starbucks from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. UBS Group reiterated a “neutral” rating and set a $105.00 target price (down from $112.00) on shares of Starbucks in a research note on Thursday, October 8th. Needham & Company LLC set a $120.00 target price on Starbucks in a research note on Tuesday, August 18th. Weiss Ratings raised Starbucks from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday. Finally, CICC Research boosted their target price on Starbucks from $95.00 to $110.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Twenty-three equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $110.57.

Read Our Latest Research Report on SBUX

Insider Activity at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $105.60, for a total value of $235,382.40. Following the transaction, the chief executive officer owned 73,149 shares of the company’s stock, valued at approximately $7,724,534.40. This represents a 2.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,099 shares of company stock valued at $627,135 over the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

Starbucks Stock Performance

Shares of SBUX stock opened at $99.37 on Wednesday. The company has a market capitalization of $113.28 billion, a price-to-earnings ratio of 57.11, a PEG ratio of 1.41 and a beta of 0.98. The company has a 50-day simple moving average of $99.90 and a 200 day simple moving average of $101.24. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51.

Starbucks (NASDAQ:SBUX – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. The business had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. Starbucks’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Sell-side analysts forecast that Starbucks Corporation will post 2.60 EPS for the current year.

Starbucks Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be given a $0.63 dividend. The ex-dividend date of this dividend is Friday, November 13th. This is a positive change from Starbucks’s previous quarterly dividend of $0.62. This represents a $2.52 annualized dividend and a dividend yield of 2.5%. Starbucks’s dividend payout ratio (DPR) is currently 142.53%.

Starbucks Profile

(Free Report)

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.