Bar Harbor Wealth Management Sells 7,491 Shares of Starbucks Corporation $SBUX

Bar Harbor Wealth Management lowered its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 67.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,654 shares of the coffee company’s stock after selling 7,491 shares during the period. Bar Harbor Wealth Management’s holdings in Starbucks were worth $308,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of Starbucks by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 113,438,902 shares of the coffee company’s stock valued at $9,596,931,000 after purchasing an additional 577,279 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Starbucks by 11.4% during the 3rd quarter. Capital Research Global Investors now owns 85,460,350 shares of the coffee company’s stock valued at $7,229,968,000 after purchasing an additional 8,774,198 shares in the last quarter. Capital World Investors lifted its holdings in shares of Starbucks by 1.9% during the 3rd quarter. Capital World Investors now owns 77,720,137 shares of the coffee company’s stock valued at $6,575,430,000 after purchasing an additional 1,462,874 shares in the last quarter. Capital International Investors lifted its holdings in shares of Starbucks by 22.5% during the 3rd quarter. Capital International Investors now owns 14,691,772 shares of the coffee company’s stock valued at $1,243,104,000 after purchasing an additional 2,699,479 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Starbucks by 6.5% during the 3rd quarter. Invesco Ltd. now owns 13,590,494 shares of the coffee company’s stock valued at $1,149,756,000 after purchasing an additional 832,540 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on SBUX shares. TD Cowen reiterated 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. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $113.00 price objective on shares of Starbucks in a report on Thursday, January 29th. Mizuho lifted their price objective on Starbucks from $86.00 to $95.00 and gave the company a “neutral” rating in a report on Monday, January 26th. New Street Research set a $90.00 price objective on Starbucks in a report on Tuesday, January 27th. Finally, Wolfe Research started coverage on Starbucks in a research report on Monday, March 9th. They issued a “peer perform” rating on the stock. Fifteen investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Starbucks has an average rating of “Hold” and a consensus price target of $103.07.

Insider Activity at Starbucks

In other Starbucks news, CEO Brady Brewer sold 1,641 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 $159,373.92. Following the transaction, the chief executive officer owned 86,605 shares of the company’s stock, valued at $8,411,077.60. The trade was a 1.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 in the company, valued at $5,789,226.08. This trade represents a 4.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,370 shares of company stock worth $608,664 in the last ninety days. Insiders own 0.03% of the company’s stock.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks hired Chipotle’s chief development officer, Stephen Piacentini, to help accelerate its store renovation and development rollout under the “Back to Starbucks” program — a hire that signals execution focus on faster store refreshes and unit-level returns. Starbucks hires Chipotle’s chief development officer
• Positive Sentiment: New product push: Starbucks rolled out Energy Refreshers nationally and launched MUSH protein oats (plus returning Frappuccino SKUs) to drive afternoon frequency and broaden occasions — initiatives that can lift ticket size and off‑peak sales if they gain traction. Starbucks Bets On Protein Oats, Energy Drinks And Store Refresh To Reignite Growth
• Neutral Sentiment: International portfolio tweak: Alshaya Group is taking over Starbucks operations in Greece and Cyprus — a regional licensing move that trims direct exposure but is unlikely to move overall revenue materially. Alshaya Group takes over Starbucks operations in Greece and Cyprus
• Neutral Sentiment: Insider transaction: CEO Brady Brewer sold 1,641 shares under a pre-arranged Rule 10b5-1 plan — typically neutral because such sales are planned, though some investors watch insider activity for conviction signals. SEC Filing: Brady Brewer Form 4
• Negative Sentiment: Legal/board scrutiny: A PR Newswire notice highlights a shareholder inquiry about possible fiduciary breaches — such actions can create headline risk and investor uncertainty if they evolve into formal litigation. Did Starbucks Corporation Insiders Breach their Fiduciary Duties to Shareholders?
• Negative Sentiment: Competitive pressure: Rapidly expanding chains like Dutch Bros are executing cost-efficient growth (lower new-store CapEx), raising questions about Starbucks’ ability to balance aggressive store and design investments with margin recovery. Dutch Bros’ CapEx Efficiency Gains Traction: Can It Boost Returns?
• Negative Sentiment: Mixed reception to store redesigns: The unveiling of an “uplifted” Chicago store drew some negative headlines and a short-term stock pullback as investors weigh public perception, safety concerns in certain urban markets, and whether the remodels will deliver the expected sales lift quickly. Starbucks unveils new ‘uplifted’ store designs in Chicago

Starbucks Stock Performance

Shares of Starbucks stock opened at $96.60 on Friday. The business’s 50 day simple moving average is $95.55 and its 200 day simple moving average is $89.40. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $104.82. The firm has a market cap of $110.06 billion, a PE ratio of 79.83, a P/E/G ratio of 2.15 and a beta of 0.95.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share (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 during the quarter, compared to analyst estimates of $9.62 billion. During the same period in the prior year, the business posted $0.69 EPS. The firm’s quarterly 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 research analysts predict that Starbucks Corporation will post 2.99 EPS 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.