Murphy Middleton Hinkle & Parker Inc. Acquires Stake in Starbucks

Institutional investor adds 13,205 shares of coffee company's stock in Q4

Mar. 24, 2026 at 10:50am

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Murphy Middleton Hinkle & Parker Inc., an institutional investor, acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) during the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,205 shares of the coffee company's stock, valued at approximately $1,112,000.

Why it matters

Starbucks is one of the world's largest coffee chains, with a significant presence in the U.S. and globally. The acquisition of a new stake by an institutional investor like Murphy Middleton Hinkle & Parker Inc. suggests continued investor interest and confidence in the company's long-term prospects.

The details

According to the 13F filing, Murphy Middleton Hinkle & Parker Inc. added the 13,205 shares of Starbucks stock to its portfolio during the fourth quarter. This represents a new position for the firm, which did not previously hold any Starbucks shares. The purchase was valued at approximately $1.112 million based on Starbucks' stock price at the time.

  • The 13F filing was submitted in the fourth quarter of the year.

The players

Murphy Middleton Hinkle & Parker Inc.

An institutional investor that acquired a new stake in Starbucks Corporation during the fourth quarter.

Starbucks Corporation

A global coffeehouse chain and roaster that operates, licenses, and franchises coffee shops and related retail businesses.

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The takeaway

The acquisition of a new stake in Starbucks by an institutional investor like Murphy Middleton Hinkle & Parker Inc. suggests continued confidence in the coffee company's long-term growth prospects, even as it navigates a competitive and evolving retail landscape.