SteelPeak Wealth LLC Sells 8,747 Shares of Starbucks Corporation $SBUX

SteelPeak Wealth LLC reduced its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 28.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,766 shares of the coffee company’s stock after selling 8,747 shares during the quarter. SteelPeak Wealth LLC’s holdings in Starbucks were worth $1,833,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Silver Oak Securities Incorporated increased its holdings in shares of Starbucks by 2.4% during the third quarter. Silver Oak Securities Incorporated now owns 5,288 shares of the coffee company’s stock valued at $447,000 after acquiring an additional 122 shares in the last quarter. Wynn Capital LLC lifted its holdings in shares of Starbucks by 1.0% in the 4th quarter. Wynn Capital LLC now owns 11,895 shares of the coffee company’s stock worth $1,002,000 after purchasing an additional 122 shares in the last quarter. Winch Advisory Services LLC lifted its holdings in shares of Starbucks by 1.1% in the 3rd quarter. Winch Advisory Services LLC now owns 11,004 shares of the coffee company’s stock worth $931,000 after purchasing an additional 123 shares in the last quarter. Pioneer Trust Bank N A OR grew its position in Starbucks by 1.1% in the 3rd quarter. Pioneer Trust Bank N A OR now owns 11,437 shares of the coffee company’s stock valued at $968,000 after purchasing an additional 125 shares during the period. Finally, Cary Street Partners Investment Advisory LLC increased its stake in Starbucks by 3.5% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 3,765 shares of the coffee company’s stock valued at $345,000 after purchasing an additional 126 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Key Starbucks News

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

Analysts Set New Price Targets

Several research firms have weighed in on SBUX. New Street Research set a $90.00 price objective on shares of Starbucks in a report on Tuesday, January 27th. Wells Fargo & Company set a $110.00 price objective on shares of Starbucks in a report on Wednesday, January 28th. Dbs Bank raised shares of Starbucks from a “strong sell” rating to a “moderate sell” rating in a research report on Friday, March 20th. Piper Sandler restated an “overweight” rating and issued a $103.00 target price (up from $100.00) on shares of Starbucks in a report on Friday, January 30th. Finally, Citigroup dropped their price target on shares of Starbucks from $94.00 to $92.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Fifteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Starbucks currently has an average rating of “Hold” and a consensus price target of $103.07.

Insider Transactions at Starbucks

In other Starbucks news, EVP Sara Kelly sold 2,500 shares of Starbucks 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 of the company’s stock, valued at $5,789,226.08. This trade represents a 4.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brady Brewer sold 588 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the transaction, the chief executive officer owned 86,017 shares in the company, valued at $8,601,700. The trade was 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 ninety days. 0.03% of the stock is currently owned by insiders.

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 posted its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.03). The firm 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%.The business’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company 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.

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.