SBUX · News · 20260915N
Institutional Ownership Increase
STARBUCKS CORP · 2026-09-15 · Importance 3 · Surprise 6 · No source text
Bank of America acquired more than 15.4 million Starbucks shares during the second quarter for approximately $1.58 billion. The position represented 1.36% of Starbucks. Other institutional investors also adjusted their holdings, while Starbucks reported Q2 earnings above analyst expectations.
Key facts
- Starbucks is projected to report a 36.54% EPS increase and a 3.17% revenue decrease for the upcoming quarter. source
- Starbucks shares fell by 2.57% on the day referenced and had a monthly decline of 8.2%. source
- Starbucks trades at a premium valuation compared to its industry peers. source
- Starbucks currently holds a Zacks Rank #3 (Hold). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | contingent | -0.5% | Starbucks is projected to report a 36.54% EPS increase and a 3.17% revenue decrease for the upcoming quarter. |
| net_income | positive | contingent | — | Starbucks is projected to report a 36.54% EPS increase and a 3.17% revenue decrease for the upcoming quarter. |