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

Posted by Brian Himes on Oct 21st, 2026

Range Financial Group LLC acquired a new position in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,558 shares of the coffee company’s stock, valued at approximately $1,086,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Meeder Asset Management Inc. acquired a new stake in shares of Starbucks in the 2nd quarter valued at about $25,000. Black Cypress Capital Management LLC bought a new stake in shares of Starbucks in the second quarter valued at about $27,000. Financial Freedom LLC boosted its position in shares of 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 period. Bangor Savings Bank boosted its position in shares of 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 period. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Starbucks during the second quarter worth about $34,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on SBUX shares. Royal Bank Of Canada reiterated a “sector perform” rating and set a $115.00 price objective (up from $110.00) on shares of Starbucks in a report on Thursday, July 30th. Robert W. Baird cut their target price on Starbucks from $124.00 to $115.00 and set an “outperform” rating on the stock in a research note on Friday, October 2nd. BNP Paribas Exane boosted their target price on Starbucks from $87.00 to $92.00 and gave the company an “underperform” rating in a research note on Thursday, July 30th. Jefferies Financial Group upped their price target on Starbucks from $95.00 to $101.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Finally, William Blair reaffirmed an “outperform” rating on shares of Starbucks in a research note on Thursday, October 8th. Twenty-three investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $110.57.

View Our Latest Report on Starbucks

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $99.37 on Wednesday. The company’s 50-day moving average price is $99.90 and its two-hundred day moving average price is $101.24. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The stock has a market capitalization of $113.28 billion, a PE ratio of 57.11, a price-to-earnings-growth ratio of 1.41 and a beta of 0.98.

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

Starbucks Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 2.5%. This is a boost from Starbucks’s previous quarterly dividend of $0.62. The ex-dividend date of this dividend is Friday, November 13th. Starbucks’s payout ratio is currently 142.53%.

Insiders Place Their Bets

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the firm’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 completion of the transaction, the chief executive officer directly owned 73,149 shares in the company, valued at $7,724,534.40. This trade 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 is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,099 shares of company stock valued at $627,135 in the last ninety days. 0.03% of the stock is owned by company insiders.

Starbucks News Summary

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.

Starbucks Company 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.