Rockland Trust Co. Raises Stock Holdings in Starbucks Corporation $SBUX

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

Several other hedge funds also recently bought and sold shares of SBUX. Transce3nd LLC raised its stake in shares of Starbucks by 270.3% in the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after acquiring an additional 200 shares during the period. Collier Financial acquired a new position in shares of Starbucks in the 3rd quarter worth approximately $25,000. Y.D. More Investments Ltd purchased a new position in shares of Starbucks during the 3rd quarter worth approximately $26,000. JPL Wealth Management LLC purchased a new position in shares of Starbucks during the 3rd quarter worth approximately $27,000. Finally, Kelleher Financial Advisors acquired a new stake in Starbucks in the 3rd quarter valued at approximately $27,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

More 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

Starbucks Stock Up 3.3%

Shares of SBUX opened at $89.59 on Wednesday. The company 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 Corporation has a fifty-two week low of $75.50 and a fifty-two week high of $104.82. The firm’s 50 day moving average price is $95.77 and its 200 day moving average price is $88.89.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 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 during the quarter, compared to analysts’ expectations of $9.62 billion. During the same period in the prior year, the business earned $0.69 EPS. 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. Research analysts forecast that Starbucks Corporation will post 2.99 earnings per share for the current year.

Insiders Place Their Bets

In other Starbucks news, CEO Brady Brewer sold 1,641 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 transaction of $159,373.92. Following the sale, the chief executive officer owned 86,605 shares in the company, valued at $8,411,077.60. This represents a 1.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 sale, the executive vice president directly owned 59,609 shares in the company, valued at $5,789,226.08. This represents a 4.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 4,729 shares of company stock valued at $460,974. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on SBUX shares. UBS Group reissued a “neutral” rating on shares of Starbucks in a research report on Friday, January 30th. DA Davidson started coverage on Starbucks in a research report on Friday, March 6th. They set a “neutral” rating and a $97.00 price target for the company. Dbs Bank raised Starbucks from a “strong sell” rating to a “moderate sell” rating in a research note on Friday, March 20th. Piper Sandler reiterated an “overweight” rating and issued a $103.00 price objective (up from $100.00) on shares of Starbucks in a report on Friday, January 30th. Finally, Bank of America set a $114.00 target price on Starbucks in a research note on Wednesday, January 21st. Fifteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Starbucks currently has an average rating of “Hold” and an average price target of $103.07.

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.