Bartlett & CO. Wealth Management LLC Cuts Position in Starbucks Corporation $SBUX

Bartlett & CO. Wealth Management LLC lessened its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 10.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,705 shares of the coffee company’s stock after selling 6,370 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Starbucks were worth $4,607,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in 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 buying an additional 577,279 shares in the last quarter. Capital Research Global Investors grew its holdings in 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 buying an additional 8,774,198 shares in the last quarter. Capital World Investors lifted its stake in shares of Starbucks by 1.9% in 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 during the last quarter. Capital International Investors lifted its stake in shares of Starbucks by 22.5% in 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 during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Starbucks by 6.5% in 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 during the last quarter. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Insider Buying and Selling

In related news, CEO Brady Brewer sold 1,641 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $90.00, for a total transaction of $147,690.00. Following the completion of the sale, the chief executive officer directly owned 84,376 shares of the company’s stock, valued at approximately $7,593,840. This trade represents a 1.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,500 shares of the firm’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 sale, the executive vice president directly owned 59,609 shares of the company’s stock, valued at $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. Insiders have sold a total of 6,370 shares of company stock valued at $608,664 over the last three months. 0.03% of the stock is owned by corporate insiders.

Starbucks Stock Performance

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

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Starbucks in a research note on Monday, December 29th. BNP Paribas Exane raised Starbucks to a “strong sell” rating in a research note on Monday, March 30th. UBS Group reaffirmed a “neutral” rating on shares of Starbucks in a research note on Friday, January 30th. Citigroup lowered their price objective on Starbucks from $94.00 to $92.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. Finally, TD Cowen reaffirmed a “hold” rating and issued a $89.00 price objective (up from $84.00) on shares of Starbucks in a research note on Friday, January 30th. Fifteen research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $103.07.

Starbucks News Summary

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 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.