Highline Wealth Partners LLC Trims Holdings in Starbucks Corporation $SBUX

Highline Wealth Partners LLC decreased its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 89.4% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,231 shares of the coffee company’s stock after selling 10,353 shares during the period. Highline Wealth Partners LLC’s holdings in Starbucks were worth $104,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SBUX. Three Seasons Wealth LLC increased its holdings in Starbucks by 1.7% during the 4th quarter. Three Seasons Wealth LLC now owns 9,373 shares of the coffee company’s stock worth $789,000 after acquiring an additional 153 shares during the period. Fifth Third Wealth Advisors LLC boosted its holdings in Starbucks by 7.8% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 38,361 shares of the coffee company’s stock valued at $3,230,000 after purchasing an additional 2,774 shares during the period. Jamison Private Wealth Management Inc. boosted its holdings in Starbucks by 30.2% in the 4th quarter. Jamison Private Wealth Management Inc. now owns 14,762 shares of the coffee company’s stock valued at $1,243,000 after purchasing an additional 3,424 shares during the period. Rockland Trust Co. grew its position in shares of Starbucks by 6.3% during the 4th quarter. Rockland Trust Co. now owns 262,937 shares of the coffee company’s stock valued at $22,142,000 after purchasing an additional 15,497 shares in the last quarter. Finally, Birch Financial Group LLC increased its holdings in shares of Starbucks by 7.7% in the fourth quarter. Birch Financial Group LLC now owns 4,537 shares of the coffee company’s stock worth $382,000 after purchasing an additional 324 shares during the period. Institutional investors own 72.29% 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

Insider Activity

In other Starbucks news, EVP Sara Kelly sold 2,500 shares of Starbucks stock in a transaction that occurred 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 transaction, the executive vice president directly owned 59,609 shares of the company’s stock, valued at $5,789,226.08. The trade was a 4.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brady Brewer sold 588 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the sale, the chief executive officer owned 86,017 shares of the company’s stock, valued at $8,601,700. The trade was a 0.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,729 shares of company stock valued at $460,974 over the last 90 days. 0.03% of the stock is currently owned by company insiders.

Starbucks Stock Up 3.3%

Shares of NASDAQ:SBUX opened at $89.59 on Wednesday. The stock has a market cap of $102.07 billion, a PE ratio of 74.04, a PEG ratio of 1.93 and a beta of 0.93. The company’s fifty day moving average is $95.77 and its 200 day moving average is $88.89. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $104.82.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) 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 business had revenue of $9.92 billion for the quarter, compared to analysts’ expectations of $9.62 billion. During the same quarter in the previous year, the company earned $0.69 earnings per share. The business’s quarterly revenue was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Sell-side analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current year.

Analysts Set New Price Targets

SBUX has been the topic of a number of recent analyst reports. Wolfe Research assumed coverage on Starbucks in a research report on Monday, March 9th. They issued a “peer perform” rating on the stock. TD Cowen restated a “hold” rating and issued a $89.00 target price (up from $84.00) on shares of Starbucks in a research note on Friday, January 30th. Zacks Research raised Starbucks from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. BTIG Research reiterated a “buy” rating and set a $105.00 price target on shares of Starbucks in a research report on Thursday, January 29th. Finally, Royal Bank Of Canada lowered Starbucks from an “outperform” rating to a “sector perform” rating and set a $105.00 price objective for the company. in a report on Tuesday, March 17th. Fifteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Starbucks has a consensus rating of “Hold” and an average target price of $103.07.

Starbucks Company 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.