Capital Group Private Client Services Inc. Trims Holdings in Starbucks Corporation $SBUX

Capital Group Private Client Services Inc. reduced its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 86.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 6,970 shares of the coffee company’s stock after selling 42,952 shares during the period. Capital Group Private Client Services Inc.’s holdings in Starbucks were worth $590,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Cooper Haims Advisors LLC raised its holdings in Starbucks by 3.0% in the second quarter. Cooper Haims Advisors LLC now owns 3,749 shares of the coffee company’s stock valued at $344,000 after acquiring an additional 110 shares in the last quarter. Silver Oak Securities Incorporated grew its holdings in Starbucks by 2.4% during the 3rd quarter. Silver Oak Securities Incorporated now owns 5,288 shares of the coffee company’s stock worth $447,000 after acquiring an additional 122 shares in the last quarter. Winch Advisory Services LLC grew its holdings in Starbucks by 1.1% during the 3rd quarter. Winch Advisory Services LLC now owns 11,004 shares of the coffee company’s stock worth $931,000 after acquiring an additional 123 shares in the last quarter. Pioneer Trust Bank N A OR increased its position in shares of 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 worth $968,000 after purchasing an additional 125 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC raised its stake in shares of Starbucks by 3.5% in 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 and hedge funds own 72.29% of the company’s stock.

Wall Street Analysts Forecast Growth

SBUX has been the subject of a number of research reports. Piper Sandler reiterated an “overweight” rating and issued a $103.00 price target (up from $100.00) on shares of Starbucks in a research note on Friday, January 30th. Barclays set a $116.00 price objective on Starbucks and gave the company an “overweight” rating in a research note on Friday, January 30th. Zacks Research raised Starbucks from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 27th. New Street Research set a $90.00 target price on Starbucks in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $105.00 price target on shares of Starbucks in a report on Thursday, January 29th. Seventeen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $104.22.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Large drop in short interest — Short interest fell ~14.8% in February to about 41.24M shares (3.6% of float) with a 6.4 days‑to‑cover, reducing short‑squeeze risk and removing a layer of downside pressure.
• Positive Sentiment: New rewards program gaining traction — Early reports say the revamped Starbucks Rewards rollout is taking hold, which could lift transactions and loyalty metrics if sustained. Read More.
• Positive Sentiment: Nashville supply‑chain hub — Opening a North American supply‑chain/corporate hub in Nashville aims to tighten logistics, lower costs and improve inventory flow, supporting margin recovery over time. Read More.
• Positive Sentiment: U.S. transactions improving — Zacks flagged the first rise in U.S. transactions in eight quarters, a sign of recovering customer traffic and revenue momentum. Read More.
• Neutral Sentiment: New/updated analyst coverage — DA Davidson initiated coverage (neutral) and other brokers have mixed stances; overall consensus remains a “Moderate Buy” with a consensus target near $104. Read More.
• Negative Sentiment: Wolfe Research downgrade — Wolfe cut SBUX to Peer Perform from Outperform, highlighting that Starbucks is early in a multi‑year turnaround and faces high execution risk, which can cap multiple expansion. Read More.
• Negative Sentiment: Insider selling — CEO Brady Brewer (and an EVP) reported small share sales (totaling several thousand shares); modest in size but often interpreted as a near‑term negative signal by some investors. Read More.
• Negative Sentiment: Brand/PR risk — Public criticism over sugar content in some seasonal drinks introduces reputational and potential regulatory risk for marketing/product formulation. Read More.

Insider Buying and Selling

In related 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 completion of the transaction, the executive vice president owned 59,609 shares in the company, valued at $5,789,226.08. The trade was a 4.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Brady Brewer sold 1,641 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total value of $159,373.92. Following the completion of the sale, the chief executive officer directly owned 86,605 shares in the company, valued at $8,411,077.60. This represents a 1.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.03% of the company’s stock.

Starbucks Stock Up 1.0%

SBUX opened at $100.77 on Wednesday. The company’s 50-day moving average price is $94.31 and its 200 day moving average price is $88.03. Starbucks Corporation has a fifty-two week low of $75.50 and a fifty-two week high of $104.82. The firm has a market cap of $114.81 billion, a price-to-earnings ratio of 83.28, a price-to-earnings-growth ratio of 2.24 and a beta of 0.93.

Starbucks (NASDAQ:SBUX) last issued its 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). The company had revenue of $9.92 billion during the quarter, compared to analyst estimates of $9.62 billion. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Research analysts anticipate that Starbucks Corporation will post 2.99 earnings per share for the current 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.