Allspring Global Investments Holdings LLC Trims Holdings in Starbucks Corporation $SBUX

Allspring Global Investments Holdings LLC reduced its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 1.8% in the fourth quarter, HoldingsChannel reports. The fund owned 546,197 shares of the coffee company’s stock after selling 10,180 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Starbucks were worth $45,864,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Transce3nd LLC increased its stake in shares of Starbucks by 270.3% during the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after purchasing an additional 200 shares in the last quarter. Collier Financial bought a new stake in shares of Starbucks in the 3rd quarter worth approximately $25,000. Y.D. More Investments Ltd bought a new stake in shares of Starbucks in the 3rd quarter worth approximately $26,000. JPL Wealth Management LLC purchased a new stake in shares of Starbucks in the 3rd quarter worth approximately $27,000. Finally, Kelleher Financial Advisors bought a new position in Starbucks during the 3rd quarter valued at approximately $27,000. Institutional investors own 72.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. TD Cowen reiterated a “hold” rating and set a $89.00 price objective (up from $84.00) on shares of Starbucks in a research note on Friday, January 30th. New Street Research set a $90.00 price target on Starbucks in a report on Tuesday, January 27th. DA Davidson initiated coverage on Starbucks in a research report on Friday, March 6th. They issued a “neutral” rating and a $97.00 price target for the company. Zacks Research upgraded shares of Starbucks from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 27th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Starbucks in a research report on Wednesday, March 4th. Fifteen analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $103.07.

Insider Buying and Selling

In other news, 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 transaction of $58,800.00. Following the completion of the transaction, the chief executive officer directly owned 86,017 shares of the company’s stock, valued at $8,601,700. The trade was a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sara Kelly sold 2,500 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were 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 in the company, valued at approximately $5,789,226.08. This trade represents a 4.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 4,729 shares of company stock valued at $460,974 over the last quarter. Company insiders own 0.03% of the company’s stock.

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $90.43 on Thursday. 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 $103.03 billion, a P/E ratio of 74.74, a PEG ratio of 2.00 and a beta of 0.95. The stock’s fifty day moving average price is $95.65 and its 200-day moving average price is $88.90.

Starbucks (NASDAQ:SBUX) last released 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 business had revenue of $9.92 billion during the quarter, compared to the consensus estimate of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.Starbucks’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, sell-side analysts anticipate that Starbucks Corporation will post 2.99 earnings per share for the current year.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Governance changes and a new Nashville corporate office signal management momentum on the turnaround plan; management said it’s ahead of schedule, which supports confidence in operational execution. Starbucks Governance Shifts And Nashville Office Put Turnaround In Focus
• Positive Sentiment: Brand/marketing activation at Coachella (Unicorn Frappuccino, matcha, cold brew on-site) may help spring traffic and drive social buzz — a near-term comp benefit and PR win. Starbucks to Unleash Unicorn Frappuccino at Coachella
• Neutral Sentiment: Citizens Jmp has initiated coverage on SBUX (new analyst coverage can increase attention and liquidity but impact depends on the view published). Citizens Jmp Begins Coverage on Starbucks (NASDAQ:SBUX)
• Neutral Sentiment: Articles from Zacks/Yahoo and TipRanks note strong investor interest and a visible turnaround — but several argue much of the improvement may already be priced in, suggesting limited upside absent stronger beat-and-raise results. Is Trending Stock Starbucks Corporation (SBUX) a Buy Now? Is Trending Stock Starbucks Corporation (SBUX) a Buy Now? (Zacks) Starbucks (SBUX) Turnaround Looks Real, but the Easy Money May Be Gone
• Neutral Sentiment: Restaurant-industry moves (e.g., First Watch leadership changes) are background noise for sector trends but not directly material to Starbucks. First Watch cuts its COO
• Negative Sentiment: BNP Paribas Exane’s move to a “strong sell” rating is a notable negative signal from the sell-side and could pressure sentiment/flows if other brokers follow. Zacks.com (BNP Paribas Exane strong sell note)
• Negative Sentiment: Critical analysis pieces argue Starbucks’ financials and valuation leave little margin for error — negative press can weigh on investor confidence until stronger results arrive. Starbucks: The Financial Brew Sours
• Negative Sentiment: Competitive pressure: McDonald’s push to capture a large beverage opportunity with expanded McCafé rollouts, plus rivals like Shake Shack building loyalty/tech, could pressure market share or margin over time. Can McDonald’s Tap a $100B Beverage Opportunity in 2026? Shake Shack Leans on Loyalty Program and Tech to Drive Growth

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.