Bank of Montreal Can Raises Stock Position in Starbucks Corporation $SBUX

Bank of Montreal Can increased its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 20.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,888,905 shares of the coffee company’s stock after acquiring an additional 326,151 shares during the period. Bank of Montreal Can owned approximately 0.17% of Starbucks worth $159,801,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Cooper Haims Advisors LLC grew its holdings in shares of Starbucks by 3.0% during the second quarter. Cooper Haims Advisors LLC now owns 3,749 shares of the coffee company’s stock worth $344,000 after purchasing an additional 110 shares in the last quarter. Silver Oak Securities Incorporated increased its holdings in shares of Starbucks by 2.4% in the 3rd quarter. Silver Oak Securities Incorporated now owns 5,288 shares of the coffee company’s stock worth $447,000 after buying an additional 122 shares during the last quarter. Winch Advisory Services LLC raised its position in shares of Starbucks by 1.1% during the 3rd quarter. Winch Advisory Services LLC now owns 11,004 shares of the coffee company’s stock valued at $931,000 after buying an additional 123 shares in the last quarter. Pioneer Trust Bank N A OR raised its position in shares of Starbucks by 1.1% during 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 buying an additional 125 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC lifted its holdings in shares of 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 worth $345,000 after acquiring an additional 126 shares during the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Starbucks

In other Starbucks news, EVP Sara Kelly sold 2,500 shares of the firm’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $242,800.00. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Brady Brewer sold 1,641 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $159,373.92. Following the completion of the transaction, the chief executive officer owned 86,605 shares in the company, valued at $8,411,077.60. The trade was a 1.86% decrease in their position. The SEC filing for this sale provides additional information. 0.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on SBUX. Wells Fargo & Company set a $110.00 target price on Starbucks in a research note on Wednesday, January 28th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Starbucks in a research note on Monday, December 29th. Evercore reiterated an “outperform” rating on shares of Starbucks in a report on Wednesday, January 28th. TD Cowen reissued a “hold” rating and set a $89.00 price objective (up from $84.00) on shares of Starbucks in a report on Friday, January 30th. Finally, Bank of America set a $114.00 target price on Starbucks in a research report on Wednesday, January 21st. Seventeen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $104.22.

Starbucks Price Performance

Shares of SBUX stock opened at $100.77 on Wednesday. The business has a 50-day moving average of $94.31 and a 200 day moving average of $88.03. Starbucks Corporation has a 1-year low of $75.50 and a 1-year high of $104.82. The stock has a market capitalization of $114.81 billion, a PE ratio of 83.28, a P/E/G ratio of 2.24 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 negative return on equity of 28.66% and a net margin of 3.63%.The company had revenue of $9.92 billion during the quarter, compared to analysts’ expectations of $9.62 billion. During the same period last year, the firm earned $0.69 earnings per share. Starbucks’s revenue for the quarter was up 5.5% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. Analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current year.

Key Stories Impacting Starbucks

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.

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.