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

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

Several other large investors have also recently bought and sold shares of the company. Silver Oak Securities Incorporated boosted its position 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 buying an additional 122 shares during the period. Wynn Capital LLC increased its position in Starbucks by 1.0% in the 4th quarter. Wynn Capital LLC now owns 11,895 shares of the coffee company’s stock valued at $1,002,000 after acquiring an additional 122 shares during the period. Winch Advisory Services LLC increased its position in Starbucks by 1.1% in the 3rd quarter. Winch Advisory Services LLC now owns 11,004 shares of the coffee company’s stock valued at $931,000 after acquiring an additional 123 shares during the period. Pioneer Trust Bank N A OR raised its stake in shares of Starbucks by 1.1% during the third quarter. Pioneer Trust Bank N A OR now owns 11,437 shares of the coffee company’s stock valued at $968,000 after acquiring 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% 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 acquiring an additional 126 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors.

Starbucks Price Performance

Shares of NASDAQ SBUX opened at $90.37 on Friday. The company has a market capitalization of $102.96 billion, a PE ratio of 74.69, a P/E/G ratio of 2.01 and a beta of 0.95. Starbucks Corporation has a twelve month low of $75.50 and a twelve month high of $104.82. The firm has a fifty day simple moving average of $95.40 and a 200 day simple moving average of $88.99.

Starbucks (NASDAQ:SBUX) last issued 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 net margin of 3.63% and a negative return on equity of 28.66%. The firm had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same period last year, the company posted $0.69 EPS. The business’s revenue was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, equities analysts expect that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Insider Activity

In other Starbucks 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 value of $242,800.00. Following 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Brady Brewer sold 588 shares of the 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 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 90 days, insiders have sold 4,729 shares of company stock worth $460,974. 0.03% of the stock is owned by corporate insiders.

More 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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. DA Davidson assumed coverage on shares of Starbucks in a research note on Friday, March 6th. They issued a “neutral” rating and a $97.00 price objective on the stock. BNP Paribas Exane raised Starbucks to a “strong sell” rating in a research report on Monday, March 30th. TD Cowen reiterated a “hold” rating and issued a $89.00 price target (up from $84.00) on shares of Starbucks in a research report on Friday, January 30th. Barclays set a $116.00 price target on Starbucks and gave the company an “overweight” rating in a research note on Friday, January 30th. Finally, Wells Fargo & Company set a $110.00 price objective on Starbucks in a research report on Wednesday, January 28th. Fifteen investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Starbucks has an average rating of “Hold” and a consensus price target of $103.07.

Starbucks Company 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.