Florida Trust Wealth Management Co Sells 35,438 Shares of Starbucks Corporation $SBUX

Florida Trust Wealth Management Co cut its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 14.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 202,535 shares of the coffee company’s stock after selling 35,438 shares during the period. Florida Trust Wealth Management Co’s holdings in Starbucks were worth $17,055,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in SBUX. Vanguard Group Inc. raised its position in Starbucks by 0.5% during the 3rd 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 increased its stake in shares of Starbucks by 11.4% in the third quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock valued at $7,229,968,000 after buying an additional 8,774,198 shares during the period. Capital World Investors raised its position in shares of Starbucks by 1.9% during the third quarter. Capital World Investors now owns 77,720,137 shares of the coffee company’s stock worth $6,575,430,000 after acquiring an additional 1,462,874 shares during the last quarter. State Street Corp raised its position in shares of Starbucks by 1.2% during the second quarter. State Street Corp now owns 47,513,332 shares of the coffee company’s stock worth $4,353,647,000 after acquiring an additional 544,534 shares during the last quarter. Finally, Capital International Investors lifted its stake in shares of Starbucks by 22.5% in the third quarter. Capital International Investors now owns 14,691,772 shares of the coffee company’s stock worth $1,243,104,000 after acquiring an additional 2,699,479 shares during the period. Institutional investors own 72.29% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Sara Kelly sold 2,500 shares of Starbucks 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 completion of the sale, the executive vice president owned 59,609 shares of the company’s stock, valued at approximately $5,789,226.08. This trade represents a 4.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 sale, the chief executive officer directly owned 86,017 shares in the company, valued at approximately $8,601,700. This trade represents a 0.68% 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 three months. Company insiders own 0.03% of the company’s stock.

Starbucks Stock Performance

Shares of NASDAQ:SBUX opened at $90.37 on Friday. The stock has a market cap of $102.96 billion, a PE ratio of 74.69, a price-to-earnings-growth ratio of 2.01 and a beta of 0.95. The stock’s fifty day simple moving average is $95.40 and its two-hundred day simple moving average is $88.99. Starbucks Corporation has a 1-year low of $75.50 and a 1-year high of $104.82.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.03). The business 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 quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, sell-side analysts forecast that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on SBUX shares. William Blair raised shares of Starbucks from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 22nd. UBS Group restated a “neutral” rating on shares of Starbucks in a report on Friday, January 30th. Wolfe Research initiated coverage on shares of Starbucks in a research report on Monday, March 9th. They set a “peer perform” rating on the stock. Evercore reiterated an “outperform” rating on shares of Starbucks in a report on Wednesday, January 28th. Finally, Mizuho lifted their price objective on Starbucks from $86.00 to $95.00 and gave the stock a “neutral” rating in a research report on Monday, January 26th. Fifteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Starbucks presently has a consensus rating of “Hold” and an average target price of $103.07.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: China JV closed with Boyu Capital — Starbucks finalized the joint venture intended to speed disciplined expansion in China and bring in a local partner to help scale stores and operations, which should support long‑term growth in a key market. Article Title
• Neutral Sentiment: New U.S. partner incentives announced — Starbucks outlined a package including weekly pay, broader tipping on mobile/card orders, and a performance-based bonus program (up to $1,200/year) aimed at improving service, retention and sales; benefits to revenue are possible but outcome is uncertain. Article Title
• Neutral Sentiment: Operational intent vs. cost — Management frames the moves as part of its “Back to Starbucks” turnaround to fix service and sales trends; investors must balance potential revenue upside from better in-store execution against the program’s roughly $500M scale and execution risk. Article Title
• Negative Sentiment: Near-term stock reaction muted or negative — Despite the announcements, the shares showed little upside and in some reports slipped, suggesting the market is focused on near-term margin pressure, recent EPS misses, and the need for proof the programs lift sales. Article Title
• Negative Sentiment: Execution and margin concerns — Analysts/commentary warn expanded tipping and bonus schemes could backfire or compress margins if service improvements don’t translate to sustained higher sales per store; ongoing union activity adds another execution variable. Article Title

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.