Agate Pass Investment Management LLC Has $1.16 Million Position in Starbucks Corporation $SBUX

Agate Pass Investment Management LLC increased its stake in Starbucks Corporation (NASDAQ:SBUX) by 260.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,756 shares of the coffee company’s stock after purchasing an additional 9,940 shares during the period. Agate Pass Investment Management LLC’s holdings in Starbucks were worth $1,158,000 as of its most recent filing with the SEC.

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

Wall Street Analyst Weigh In

Several research firms recently weighed in on SBUX. Mizuho raised their price objective on Starbucks from $86.00 to $95.00 and gave the company a “neutral” rating in a research note on Monday, January 26th. UBS Group reissued a “neutral” rating on shares of Starbucks in a report on Friday, January 30th. Wall Street Zen upgraded shares of Starbucks from a “sell” rating to a “hold” rating in a research note on Saturday, November 22nd. BMO Capital Markets reaffirmed an “outperform” rating and set a $120.00 price target on shares of Starbucks in a report on Friday, January 30th. Finally, William Blair upgraded shares of Starbucks from a “market perform” rating to an “outperform” rating in a research report on Thursday, January 22nd. Fifteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $103.81.

Starbucks Stock Performance

Shares of NASDAQ SBUX opened at $92.55 on Friday. The firm has a 50 day moving average price of $96.01 and a two-hundred day moving average price of $88.56. The stock has a market cap of $105.44 billion, a P/E ratio of 76.49, a price-to-earnings-growth ratio of 2.06 and a beta of 0.93. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $104.82.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data 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). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The company had revenue of $9.92 billion during the quarter, compared to analyst estimates of $9.62 billion. During the same quarter in the previous year, the company earned $0.69 earnings per share. The business’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 predict that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Company plans to open 600–650 new stores in FY26, which supports revenue growth and global expansion if execution holds; this is a potential medium-term tailwind. Starbucks Targets 600-650 New Stores in FY26: Is Execution the Key?
• Neutral Sentiment: Analyses note the company’s investment story is shifting as turnaround hopes confront valuation questions — useful context for medium/long-term positioning but not an immediate catalyst. How The Starbucks (SBUX) Investment Story Is Shifting As Turnaround Hopes Meet Valuation Questions
• Neutral Sentiment: Industry reference: Dutch Bros’ loyalty growth highlights the benefits of engagement-driven sales — a reminder that loyalty execution matters across the category. Dutch Bros Loyalty Hits 15M Members: Is Engagement Driving Sales?
• Negative Sentiment: RBC Capital downgraded SBUX, putting near-term pressure on the stock and signaling concerns from a major sell-side firm. RBC Capital downgrades Starbucks (SBUX)
• Negative Sentiment: Customer backlash following the March rewards-program overhaul (three-tier system) risks lower loyalty and transaction frequency if dissatisfaction persists. Starbucks Rewards Backlash Highlights Retail’s Shift Away From Points-Based Loyalty
• Negative Sentiment: Brand and design changes may not be winning back younger customers as intended, raising execution and brand-relevance risks. Starbucks’ Redesigns May Not Pull Youth Market, Starbucks Stock (NASDAQ:SBUX) Drops
• Negative Sentiment: Recent market reaction has been negative (shares down), reflecting the combination of the above headlines plus lingering concerns from the company’s recent EPS miss and high valuation metrics. Starbucks (SBUX) Suffers a Larger Drop Than the General Market: Key Insights

Insider Activity at Starbucks

In other news, CEO Brady Brewer sold 1,641 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $97.12, for a total value of $159,373.92. Following the transaction, the chief executive officer owned 86,605 shares in the company, valued at approximately $8,411,077.60. The trade was a 1.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Sara Kelly sold 2,500 shares of the company’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 59,609 shares in the company, valued at approximately $5,789,226.08. This represents a 4.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 4,729 shares of company stock valued at $460,974. Company insiders own 0.03% of the company’s stock.

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.