Grove Bank & Trust Sells 7,507 Shares of Starbucks Corporation $SBUX

Grove Bank & Trust trimmed its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 34.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,367 shares of the coffee company’s stock after selling 7,507 shares during the period. Grove Bank & Trust’s holdings in Starbucks were worth $1,210,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Silver Oak Securities Incorporated grew its position 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 purchasing an additional 122 shares in the last quarter. Winch Advisory Services LLC increased its holdings in shares of Starbucks by 1.1% in the third 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 during the last quarter. Pioneer Trust Bank N A OR lifted its position in shares of Starbucks by 1.1% in the third quarter. Pioneer Trust Bank N A OR now owns 11,437 shares of the coffee company’s stock worth $968,000 after buying an additional 125 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in Starbucks by 3.5% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 3,765 shares of the coffee company’s stock valued at $345,000 after buying an additional 126 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC grew its holdings in Starbucks by 1.6% during the 3rd quarter. Capital Advisors Wealth Management LLC now owns 8,513 shares of the coffee company’s stock valued at $720,000 after buying an additional 130 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Starbucks in a research note on Wednesday, March 4th. TD Cowen reissued a “hold” rating and issued a $89.00 target price (up from $84.00) on shares of Starbucks in a report on Friday, January 30th. Bank of America set a $114.00 price target on shares of Starbucks in a research report on Wednesday, January 21st. BMO Capital Markets reaffirmed an “outperform” rating and set a $120.00 price target on shares of Starbucks in a research note on Friday, January 30th. Finally, Zacks Research upgraded shares of Starbucks from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. Fifteen equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $103.81.

Key Headlines Impacting Starbucks

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 Buying and Selling at Starbucks

In related news, EVP Sara Kelly sold 2,500 shares of Starbucks stock in a transaction dated 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 transaction, the executive vice president directly owned 59,609 shares of the company’s stock, valued at approximately $5,789,226.08. The trade was a 4.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brady Brewer sold 588 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $100.00, for a total transaction of $58,800.00. Following 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 4,729 shares of company stock worth $460,974. Insiders own 0.03% of the company’s stock.

Starbucks Price Performance

NASDAQ:SBUX opened at $92.55 on Friday. The firm has a market capitalization of $105.44 billion, a price-to-earnings ratio of 76.49, a PEG ratio of 2.06 and a beta of 0.93. The business has a 50 day simple moving average of $96.01 and a 200-day simple moving average of $88.56. Starbucks Corporation has a 1 year low of $75.50 and a 1 year high of $104.82.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). The company had revenue of $9.92 billion for the quarter, compared to analysts’ expectations of $9.62 billion. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, analysts expect 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.