Highline Wealth Partners LLC Sells 10,353 Shares of Starbucks Corporation $SBUX

Highline Wealth Partners LLC decreased its position in Starbucks Corporation (NASDAQ:SBUX) by 89.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,231 shares of the coffee company’s stock after selling 10,353 shares during the quarter. Highline Wealth Partners LLC’s holdings in Starbucks were worth $104,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in shares of Starbucks by 0.5% in the third quarter. Vanguard Group Inc. now owns 113,438,902 shares of the coffee company’s stock worth $9,596,931,000 after purchasing an additional 577,279 shares during the last quarter. Capital Research Global Investors raised its position in Starbucks by 11.4% during the 3rd quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock valued at $7,229,968,000 after purchasing an additional 8,774,198 shares during the last quarter. Capital World Investors lifted its holdings in Starbucks by 1.9% in the 3rd 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 during the period. State Street Corp grew its position in shares of Starbucks by 1.2% in the 2nd quarter. State Street Corp now owns 47,513,332 shares of the coffee company’s stock worth $4,353,647,000 after buying an additional 544,534 shares during the last quarter. Finally, Capital International Investors grew its position in shares of Starbucks by 22.5% in the 3rd quarter. Capital International Investors now owns 14,691,772 shares of the coffee company’s stock worth $1,243,104,000 after buying an additional 2,699,479 shares during the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Starbucks Stock Up 3.3%

SBUX opened at $89.59 on Wednesday. Starbucks Corporation has a 52 week low of $75.50 and a 52 week high of $104.82. 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 business has a 50 day moving average of $95.77 and a 200-day moving average of $88.89.

Starbucks (NASDAQ:SBUX) last issued its quarterly 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). The firm had revenue of $9.92 billion during the quarter, compared to analysts’ expectations of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.Starbucks’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Equities analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current year.

Trending Headlines about Starbucks

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 Transactions at Starbucks

In related news, EVP Sara Kelly sold 2,500 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 59,609 shares in the company, valued at $5,789,226.08. This trade represents a 4.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Brady Brewer sold 588 shares of Starbucks stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $100.00, for a total transaction of $58,800.00. Following the transaction, the chief executive officer directly owned 86,017 shares of the company’s stock, valued at approximately $8,601,700. This trade represents a 0.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,729 shares of company stock worth $460,974 over the last ninety days. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on SBUX. Wells Fargo & Company set a $110.00 target price on Starbucks in a report on Wednesday, January 28th. Piper Sandler reissued an “overweight” rating and set a $103.00 price objective (up from $100.00) on shares of Starbucks in a research report on Friday, January 30th. Wolfe Research started coverage on shares of Starbucks in a report on Monday, March 9th. They issued a “peer perform” rating for the company. New Street Research set a $90.00 target price on shares of Starbucks in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada lowered shares of Starbucks from an “outperform” rating to a “sector perform” rating and set a $105.00 target price on the stock. in a research note on Tuesday, March 17th. 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’s stock. According to data from MarketBeat, Starbucks has a consensus rating of “Hold” and a consensus price target 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.