Starbucks Corporation $SBUX Shares Purchased by Rockland Trust Co.

Rockland Trust Co. raised its position in Starbucks Corporation (NASDAQ:SBUX) by 6.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 262,937 shares of the coffee company’s stock after purchasing an additional 15,497 shares during the period. Rockland Trust Co.’s holdings in Starbucks were worth $22,142,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Starbucks by 0.5% during the third quarter. Vanguard Group Inc. now owns 113,438,902 shares of the coffee company’s stock worth $9,596,931,000 after buying an additional 577,279 shares in the last quarter. Capital Research Global Investors lifted its stake in shares of Starbucks by 11.4% in the third quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock worth $7,229,968,000 after buying an additional 8,774,198 shares in the last quarter. Capital World Investors lifted its stake in shares of Starbucks by 1.9% in the third quarter. Capital World Investors now owns 77,720,137 shares of the coffee company’s stock worth $6,575,430,000 after buying an additional 1,462,874 shares in the last quarter. State Street Corp boosted its position in Starbucks by 1.2% during the second quarter. State Street Corp now owns 47,513,332 shares of the coffee company’s stock worth $4,353,647,000 after acquiring an additional 544,534 shares during the last quarter. Finally, Capital International Investors boosted its position in Starbucks by 22.5% during the third quarter. Capital International Investors now owns 14,691,772 shares of the coffee company’s stock worth $1,243,104,000 after acquiring an additional 2,699,479 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. TD Cowen reiterated a “hold” rating and issued a $89.00 price objective (up from $84.00) on shares of Starbucks in a report on Friday, January 30th. DA Davidson assumed coverage on Starbucks in a report on Friday, March 6th. They set a “neutral” rating and a $97.00 target price on the stock. BNP Paribas Exane upgraded Starbucks to a “strong sell” rating in a research report on Monday. Guggenheim reaffirmed a “neutral” rating and issued a $95.00 price target (up from $90.00) on shares of Starbucks in a report on Wednesday, March 4th. Finally, William Blair upgraded Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 22nd. Fifteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $103.07.

Starbucks Trading Up 3.3%

Starbucks stock opened at $89.59 on Wednesday. The company has a 50-day moving average price of $95.77 and a 200 day moving average price of $88.89. Starbucks Corporation has a 12-month low of $75.50 and a 12-month high of $104.82. The stock has a market cap of $102.07 billion, a P/E ratio of 74.04, a PEG ratio of 1.93 and a beta of 0.93.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The firm had revenue of $9.92 billion during the quarter, compared to analyst estimates of $9.62 billion. During the same quarter in the previous year, the firm earned $0.69 earnings per share. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, analysts forecast that Starbucks Corporation will post 2.99 EPS for the current year.

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 588 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the transaction, the chief executive officer directly owned 86,017 shares in the company, valued at approximately $8,601,700. This represents a 0.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Sara Kelly sold 2,500 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total value of $242,800.00. Following the sale, the executive vice president directly owned 59,609 shares of the company’s stock, valued at approximately $5,789,226.08. This trade represents a 4.03% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 4,729 shares of company stock worth $460,974. Corporate insiders own 0.03% of the company’s stock.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Investors re?elected Starbucks’ full board, rejecting a labor?backed challenge — a win for management continuity and de?risking near?term governance uncertainty. Starbucks investors reelect full board, rejecting labor-backed challenge
• Positive Sentiment: CEO and management say the turnaround is showing results in store experience and operational metrics, reinforcing the case that recent initiatives are working. Starbucks Says The Turnaround Is Showing Up
• Positive Sentiment: Shareholders approved governance changes (including simpler majority voting), which reduces shareholder?action uncertainty and can speed strategic execution. Starbucks Shareholders Approve Governance Changes at 2026 Meeting
• Neutral Sentiment: Analysis warns the turnaround looks real but much of the improvement may already be reflected in the stock, suggesting limited near?term upside absent stronger execution or earnings beats. Starbucks (SBUX) Turnaround Looks Real, but the Easy Money May Be Gone
• Neutral Sentiment: Macro pressure — notably higher gasoline prices — could reduce drive?thru visits industry?wide and blunt traffic growth for locations reliant on drive?thru channels. High Gas Prices May Prompt Consumers to Reduce Drive-Thru Visits, Research Shows
• Negative Sentiment: Citizens JMP initiated coverage with a “market underperform” rating and an $84 price target, signaling near?term downside risk versus current levels. Citizens Jmp sets mkt underperform on SBUX

About Starbucks

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.