Jacobs & Co. CA Trims Stake in Starbucks Corporation $SBUX

Jacobs & Co. CA reduced its holdings in Starbucks Corporation (NASDAQ:SBUX) by 4.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 155,835 shares of the coffee company’s stock after selling 6,558 shares during the quarter. Starbucks accounts for about 1.2% of Jacobs & Co. CA’s investment portfolio, making the stock its 25th largest position. Jacobs & Co. CA’s holdings in Starbucks were worth $13,122,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SBUX. Transce3nd LLC grew its holdings in shares of Starbucks by 270.3% during the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after purchasing an additional 200 shares in the last quarter. Collier Financial purchased a new stake in Starbucks in the third quarter valued at approximately $25,000. Y.D. More Investments Ltd purchased a new stake in Starbucks in the third quarter valued at approximately $26,000. JPL Wealth Management LLC bought a new stake in Starbucks during the third quarter valued at approximately $27,000. Finally, Kelleher Financial Advisors bought a new stake in Starbucks during the third quarter valued at approximately $27,000. Hedge funds and other 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: Improving store traffic and upbeat longer-term narratives support the bull case that Starbucks can regain top-line momentum. Could Buying Starbucks Stock Today Set You Up for Life?
• Positive Sentiment: Some coverage argues the recent pullback creates a buying opportunity given traffic gains, although those gains are coming with margin pressure. Down Almost 9% in 1 Week, Is This Your Chance to Buy Starbucks Stock?
• Neutral Sentiment: Industry reports show Europe’s coffee market is expanding, a tailwind for global players like Starbucks but not an immediate earnings driver. Europe Coffee Market Share Analysis and Growth Forecasts (2026-2031)
• Neutral Sentiment: Smaller rivals such as Blank Street are gaining attention and could pressure share in targeted segments, but the competitive threat is gradual. Starbucks is cut at RBC with the risk-reward profile seen as balanced
• Negative Sentiment: RBC Capital downgraded SBUX to Sector Perform, citing large incremental labor and investment costs (>$500M+ outlook) and an unclear margin recovery — a direct catalyst for selling pressure. Starbucks Stock Downgraded. Surging Labor Costs Are a Problem.
• Negative Sentiment: Shareholders are pushing to remove board members over stalled union talks and perceived weak labor oversight, raising governance and execution risk. Shareholder Push Puts Starbucks Board Oversight And Valuation Under Scrutiny
• Negative Sentiment: Analysts and outlets highlight escalating labor concerns and potential additional investments, which threaten margins and are cited as reasons for recent downgrades and the stock’s weakness. Analysts Concerned About Starbucks Labor Issues, Starbucks Stock (NASDAQ:SBUX) Drops
• Negative Sentiment: Broader market headwinds: hotter inflation data and Fed commentary have reduced odds of near-term rate cuts, pressuring risk assets including SBUX. Dimming Hopes for Rate Cuts Drag Down U.S. Stocks

Insider Transactions at Starbucks

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. In the last three months, insiders sold 4,729 shares of company stock valued at $460,974. 0.03% of the stock is currently owned by corporate insiders.

Starbucks Stock Performance

SBUX stock opened at $92.66 on Thursday. The firm has a market cap of $105.57 billion, a P/E ratio of 76.58, a P/E/G ratio of 2.17 and a beta of 0.93. The firm’s fifty day moving average is $95.78 and its 200 day moving average is $88.49. 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. As a group, analysts forecast that Starbucks Corporation will post 2.99 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on SBUX shares. Mizuho increased their price target on shares of Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a report on Monday, January 26th. Piper Sandler reaffirmed an “overweight” rating and set a $103.00 price objective (up from $100.00) on shares of Starbucks in a report on Friday, January 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $113.00 target price on shares of Starbucks in a research note on Thursday, January 29th. Sanford C. Bernstein restated an “outperform” rating on shares of Starbucks in a research report on Wednesday, March 4th. Finally, New Street Research set a $90.00 price target on Starbucks in a research note on Tuesday, January 27th. Fifteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Starbucks currently has an average rating of “Hold” and an average price target of $103.81.

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.