Riverbridge Partners LLC Sells 22,075 Shares of Starbucks Corporation $SBUX

Riverbridge Partners LLC reduced its position in Starbucks Corporation (NASDAQ:SBUX) by 4.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 451,477 shares of the coffee company’s stock after selling 22,075 shares during the period. Riverbridge Partners LLC’s holdings in Starbucks were worth $38,019,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Norges Bank acquired a new stake in Starbucks in the second quarter worth about $1,246,316,000. Capital Research Global Investors lifted 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 period. Corient Private Wealth LLC boosted its stake in shares of Starbucks by 146.6% in the 2nd quarter. Corient Private Wealth LLC now owns 6,049,192 shares of the coffee company’s stock valued at $553,201,000 after purchasing an additional 3,596,014 shares during the last quarter. Capital International Investors boosted its stake 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 valued at $1,243,104,000 after purchasing an additional 2,699,479 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Starbucks by 80.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 5,105,164 shares of the coffee company’s stock worth $433,923,000 after buying an additional 2,277,792 shares during the period. Institutional investors and hedge funds own 72.29% of the company’s stock.

Starbucks Stock Down 1.6%

Shares of SBUX stock opened at $91.22 on Friday. The firm has a fifty day moving average of $96.10 and a 200-day moving average of $88.71. Starbucks Corporation has a 12-month low of $75.50 and a 12-month high of $104.82. The company has a market capitalization of $103.93 billion, a price-to-earnings ratio of 75.39, a P/E/G ratio of 2.07 and a beta of 0.93.

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

Insider Activity

In other news, CEO Brady Brewer sold 588 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $100.00, for a total value of $58,800.00. Following the sale, the chief executive officer directly owned 86,017 shares in the company, valued at $8,601,700. The trade was a 0.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Sara Kelly sold 2,500 shares of the company’s stock in a transaction dated 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. This represents a 4.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 4,729 shares of company stock worth $460,974 in the last three months. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on SBUX shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $113.00 price objective on shares of Starbucks in a report on Thursday, January 29th. New Street Research set a $90.00 price target on Starbucks in a research note on Tuesday, January 27th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Starbucks in a research note on Wednesday, March 4th. BMO Capital Markets reissued an “outperform” rating and issued a $120.00 target price on shares of Starbucks in a research note on Friday, January 30th. Finally, Barclays set a $116.00 target price on Starbucks and gave the stock an “overweight” rating in a research report on Friday, January 30th. Fifteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Starbucks presently has a consensus rating of “Moderate Buy” and an average target price of $103.81.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks is piloting additional ordering methods and technology in high‑traffic and licensed locations to increase access and throughput—efforts aimed at reducing lines and raising sales per location. Starbucks tests additional ordering methods in high-traffic locations
• Positive Sentiment: CEO Brian Niccol says the turnaround is progressing: investments in barista staffing and a push to open ~1,000 new “for‑here” coffeehouses this fiscal year (part of a longer-term 5,000 target) aim to rebuild traffic and the brand experience. Starbucks Has Its Shine Back, CEO Brian Niccol Says
• Positive Sentiment: The company is targeting $2 billion in cost savings over two years to help offset ongoing investments and support margin recovery—this is a direct levers-for-profitability story investors typically like if execution follows. Can Starbucks’ $2B Cost-Savings Plan Reignite Margin Expansion?
• Positive Sentiment: Operational efficiency pilots (including queue/time reductions at airports) and new service models are being tested to improve throughput and unit economics in premium, high-volume locations. Efficiency Not Out at Starbucks (NASDAQ:SBUX) as it Looks to Shorten Airport Lines
• Neutral Sentiment: Real‑estate moves such as a large lease (WSJ opinion on Nashville) highlight continued expansion but have mixed near‑term financial impact depending on unit economics. Opinion | Starbucks to Nashville?
• Negative Sentiment: Governance and labor concerns rose after Starbucks dissolved its labor relations committee; activists are pushing director votes and union contract talks (with higher starting wage proposals) resume—this raises potential cost and execution risk. Starbucks Labor Governance Shakeup Puts Investor Focus On Costs And Risks
• Negative Sentiment: Multiple commentaries note the rally has stalled amid persistent operational issues; a recent earnings miss and critical analysis (Seeking Alpha) fuel skepticism about how quickly margins will recover. Starbucks: Full Price For A Half-Brewed Turnaround
• Negative Sentiment: Analyst commentary and press pieces warn the CEO’s prior “magic” may not be fully repeatable here; operational depth of problems has kept some investors cautious. Starbucks’ US$100 million CEO can’t repeat Chipotle stock magic
• Negative Sentiment: Coverage noting the stock “slides” despite product interest (e.g., demand for protein/functional coffee additions) highlights investor focus on near‑term execution over product momentum. “Functional Fuel”: Starbucks Stock (NASDAQ:SBUX) Slides Despite Growing Demand for Protein in Coffee

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.