CIBC Private Wealth Group LLC Has $21.82 Million Stock Holdings in Starbucks Corporation $SBUX

CIBC Private Wealth Group LLC trimmed its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 3.5% during the third quarter, HoldingsChannel reports. The firm owned 257,960 shares of the coffee company’s stock after selling 9,235 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Starbucks were worth $21,823,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. CIBC Bancorp USA Inc. acquired a new stake in shares of Starbucks during the third quarter worth $16,787,000. Tcfg Wealth Management LLC bought a new position in shares of Starbucks during the third quarter worth about $4,417,000. Centaurus Financial Inc. raised its position in Starbucks by 25.5% in the 3rd quarter. Centaurus Financial Inc. now owns 28,244 shares of the coffee company’s stock valued at $2,389,000 after buying an additional 5,731 shares during the last quarter. Faithward Advisors LLC lifted its stake in Starbucks by 5.5% in the 3rd quarter. Faithward Advisors LLC now owns 4,769 shares of the coffee company’s stock valued at $403,000 after acquiring an additional 250 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in Starbucks by 4.3% in the 3rd quarter. Sunbelt Securities Inc. now owns 27,432 shares of the coffee company’s stock valued at $2,321,000 after acquiring an additional 1,123 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Activity

In other Starbucks news, EVP Sara Kelly sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $242,800.00. Following the transaction, the executive vice president owned 59,609 shares of the company’s stock, valued at $5,789,226.08. The trade was a 4.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Brady Brewer sold 588 shares of the company’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 in the company, valued at $8,601,700. This represents a 0.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,729 shares of company stock valued at $460,974 over the last quarter. 0.03% of the stock is currently owned by company insiders.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Store traffic and customer engagement trends are improving, supporting the turnaround narrative and giving investors a reason to buy dips. Down Almost 9% in 1 Week, Is This Your Chance to Buy Starbucks Stock?
• Neutral Sentiment: Wide public coverage and analyst commentary are keeping SBUX in focus; articles summarize the mixed fundamentals and strategic moves but add little new catalyst. What’s Happening With Starbucks Stock?
• Neutral Sentiment: Guides and buy‑how‑to pieces are out for investors considering SBUX exposure, reflecting steady retail interest rather than a near‑term catalyst. How to Buy Starbucks Stock (SBUX) in 2026
• Neutral Sentiment: Industry reports point to growing European coffee demand, a backdrop that supports long‑term category growth even as competitors jockey for share. Europe Coffee Market Share Analysis and Growth Forecasts (2026-2031)
• Negative Sentiment: RBC Capital downgraded SBUX to Sector Perform, citing rising labor investments (>$500M), uncertain margin improvement and elevated investor expectations — a direct negative for near‑term sentiment. RBC Capital downgrades Starbucks (SBUX)
• Negative Sentiment: Shareholder activism is pressing the board over labor oversight and valuation, elevating governance risk and potential distraction for management. Shareholder Push Puts Starbucks Board Oversight And Valuation Under Scrutiny
• Negative Sentiment: Analysts and outlets flag ongoing labor issues and potential higher labor costs, which could weigh on margins as the chain invests in wages/benefits and store upgrades. Analysts Concerned About Starbucks Labor Issues, Starbucks Stock (NASDAQ:SBUX) Drops
• Negative Sentiment: Broader market pressure — fading hopes of near‑term Fed rate cuts and higher energy prices — is a headwind for growth/equity multiples and risks pressuring SBUX along with the market. Dimming Hopes for Rate Cuts Drag Down U.S. Stocks
• Negative Sentiment: Competitors (e.g., Dutch Bros) are boosting loyalty engagement and transaction share, underscoring tougher competitive dynamics in the premium coffee space. Dutch Bros Loyalty Hits 15M Members: Is Engagement Driving Sales?

Starbucks Trading Up 3.4%

Shares of SBUX opened at $95.83 on Friday. The company’s fifty day simple moving average is $95.93 and its 200 day simple moving average is $88.54. Starbucks Corporation has a 1-year low of $75.50 and a 1-year high of $104.82. The company has a market cap of $109.18 billion, a price-to-earnings ratio of 79.20, a PEG ratio of 2.07 and a beta of 0.93.

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

Analyst Ratings Changes

A number of research firms have recently issued reports on SBUX. Wolfe Research initiated coverage on shares of Starbucks in a report on Monday, March 9th. They issued a “peer perform” rating on the stock. Guggenheim restated a “neutral” rating and set a $95.00 target price (up from $90.00) on shares of Starbucks in a report on Wednesday, March 4th. Evercore reaffirmed an “outperform” rating on shares of Starbucks in a research report on Wednesday, January 28th. William Blair raised shares of Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 22nd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Starbucks in a research note on Monday, December 29th. Fifteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Starbucks presently has an average rating of “Hold” and a consensus target price of $103.81.

Starbucks 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.