SevenBridge Financial Group LLC increased its holdings in Starbucks Corporation (NASDAQ:SBUX – Free Report) by 28.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 33,617 shares of the coffee company’s stock after acquiring an additional 7,493 shares during the quarter. SevenBridge Financial Group LLC’s holdings in Starbucks were worth $2,933,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of SBUX. Brighton Jones LLC grew its position in shares of Starbucks by 86.5% during the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock worth $16,126,000 after buying an additional 81,952 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in Starbucks by 47.0% in the second quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company’s stock valued at $334,000 after acquiring an additional 1,164 shares in the last quarter. PFG Advisors boosted its stake in Starbucks by 39.0% during the 2nd quarter. PFG Advisors now owns 5,036 shares of the coffee company’s stock valued at $461,000 after acquiring an additional 1,414 shares during the last quarter. Advyzon Investment Management LLC grew its holdings in Starbucks by 16.0% during the 2nd quarter. Advyzon Investment Management LLC now owns 6,023 shares of the coffee company’s stock worth $552,000 after acquiring an additional 831 shares in the last quarter. Finally, National Pension Service grew its holdings in Starbucks by 4.5% during the 2nd quarter. National Pension Service now owns 2,530,352 shares of the coffee company’s stock worth $231,856,000 after acquiring an additional 109,839 shares in the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.
Starbucks Stock Up 0.7%
Shares of SBUX stock opened at $101.47 on Thursday. The company has a market cap of $115.60 billion, a P/E ratio of 83.86, a PEG ratio of 2.25 and a beta of 0.93. The business has a 50 day moving average of $94.65 and a two-hundred day moving average of $88.13. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $104.82.
Key Stories Impacting Starbucks
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Starbucks revamped and made its rewards program more generous, aiming to drive frequency and lifetime value after recent demand momentum—this is being cited as a catalyst for improving same-store traffic and retention. Starbucks makes its rewards program more generous for customers
- Positive Sentiment: Market coverage notes the new rewards changes are taking hold and have coincided with share gains, suggesting investors are giving early credit for a loyalty-driven turnaround. Starbucks Stock (NASDAQ:SBUX) Gains as New Rewards Program Takes Hold
- Positive Sentiment: Starbucks is opening a new Nashville supply-chain office as part of its “Back to Starbucks” plan—this signals focus on operational efficiency and could reduce costs / improve inventory flow over time. Starbucks Nashville Office Reshapes Supply Chain And Turnaround Expectations
- Positive Sentiment: Short interest fell ~14.8% in February, reducing a bearish tail risk and lowering potential volatility from short-covering squeezes. (Data item)
- Neutral Sentiment: Starbucks scheduled its 2026 Annual Meeting (virtual), which is procedural but gives management a forum to outline the turnaround and answer investors. Starbucks to Webcast 2026 Annual Meeting of Shareholders
- Neutral Sentiment: Coverage of former CEO Howard Schultz’s move to Miami has drawn media attention; it reframes investor focus but is largely a reputational/PR story rather than an operational development. Starbucks Loyalty Reset And Schultz Relocation Reframe Investor Focus
- Negative Sentiment: Wolfe Research, after initiating coverage, downgraded Starbucks to Peer Perform (from Outperform), citing competitive pressures—analyst sentiment and lack of a price target weigh on the stock. Wolfe Research Turns Neutral on Starbucks (SBUX) amid Competitive Coffee Market
- Negative Sentiment: CEO Brady Brewer sold 588 shares (Form 4 disclosure); while small relative to his holdings, insider selling can be perceived negatively by some investors. Insider Form 4
- Negative Sentiment: Recent quarterly results showed an EPS miss and modest margin pressure; FY26 EPS guidance (2.15–2.40) is below some analyst expectations, keeping some investors cautious. (Background)
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on SBUX. New Street Research set a $90.00 target price on shares of Starbucks in a research note on Tuesday, January 27th. Guggenheim reiterated a “neutral” rating and issued a $95.00 price target (up from $90.00) on shares of Starbucks in a research note on Wednesday, March 4th. DA Davidson assumed coverage on Starbucks in a report on Friday, March 6th. They issued a “neutral” rating and a $97.00 price objective for the company. Wells Fargo & Company set a $110.00 price objective on Starbucks in a research note on Wednesday, January 28th. Finally, Bank of America set a $114.00 price objective on shares of Starbucks in a report on Wednesday, January 21st. Seventeen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $104.22.
Check Out Our Latest Research Report on Starbucks
Insiders Place Their Bets
In other Starbucks news, CEO Brady Brewer sold 1,641 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total value of $159,373.92. Following the sale, the chief executive officer directly owned 86,605 shares of the company’s stock, valued at $8,411,077.60. This trade represents a 1.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Sara Kelly sold 2,500 shares of the firm’s stock in a transaction on 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. The trade was a 4.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 4,729 shares of company stock valued at $460,974. 0.03% of the stock is owned by company insiders.
Starbucks Profile
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.
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