CIBC Private Wealth Group LLC Has $21.82 Million Position in Starbucks Corporation $SBUX

CIBC Private Wealth Group LLC lowered its stake in shares of Starbucks Corporation (NASDAQ:SBUX) by 3.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 257,960 shares of the coffee company’s stock after selling 9,235 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Starbucks were worth $21,823,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Nordea Investment Management AB lifted its position in Starbucks by 3.2% during the 3rd quarter. Nordea Investment Management AB now owns 433,112 shares of the coffee company’s stock worth $36,576,000 after buying an additional 13,262 shares in the last quarter. Providence Capital Advisors LLC acquired a new stake in Starbucks in the 3rd quarter valued at about $6,099,000. Asset Management One Co. Ltd. raised its stake in shares of Starbucks by 3.1% in the third quarter. Asset Management One Co. Ltd. now owns 548,768 shares of the coffee company’s stock worth $46,426,000 after acquiring an additional 16,428 shares during the last quarter. Allstate Corp bought a new position in shares of Starbucks in the third quarter worth about $3,491,000. Finally, Vanguard Group Inc. lifted its position in shares of Starbucks by 0.5% during the third quarter. Vanguard Group Inc. now owns 113,438,902 shares of the coffee company’s stock worth $9,596,931,000 after purchasing an additional 577,279 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on SBUX shares. Wolfe Research started coverage on shares of Starbucks in a research note on Monday, March 9th. They set a “peer perform” rating on the stock. Barclays set a $116.00 price objective on Starbucks and gave the stock an “overweight” rating in a report on Friday, January 30th. DA Davidson assumed coverage on Starbucks in a research report on Friday, March 6th. They issued a “neutral” rating and a $97.00 price objective on the stock. William Blair raised Starbucks from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 22nd. Finally, Royal Bank Of Canada downgraded Starbucks from an “outperform” rating to a “sector perform” rating and set a $105.00 target price for the company. in a research report on Tuesday. Fifteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Starbucks presently has an average rating of “Hold” and an average target price of $103.81.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Store traffic and customer engagement trends are improving, supporting the turnaround narrative and giving investors a reason to buy dips. Down Almost 9% in 1 Week, Is This Your Chance to Buy Starbucks Stock?
• Neutral Sentiment: Wide public coverage and analyst commentary are keeping SBUX in focus; articles summarize the mixed fundamentals and strategic moves but add little new catalyst. What’s Happening With Starbucks Stock?
• Neutral Sentiment: Guides and buy‑how‑to pieces are out for investors considering SBUX exposure, reflecting steady retail interest rather than a near‑term catalyst. How to Buy Starbucks Stock (SBUX) in 2026
• Neutral Sentiment: Industry reports point to growing European coffee demand, a backdrop that supports long‑term category growth even as competitors jockey for share. Europe Coffee Market Share Analysis and Growth Forecasts (2026-2031)
• Negative Sentiment: RBC Capital downgraded SBUX to Sector Perform, citing rising labor investments (>$500M), uncertain margin improvement and elevated investor expectations — a direct negative for near‑term sentiment. RBC Capital downgrades Starbucks (SBUX)
• Negative Sentiment: Shareholder activism is pressing the board over labor oversight and valuation, elevating governance risk and potential distraction for management. Shareholder Push Puts Starbucks Board Oversight And Valuation Under Scrutiny
• Negative Sentiment: Analysts and outlets flag ongoing labor issues and potential higher labor costs, which could weigh on margins as the chain invests in wages/benefits and store upgrades. Analysts Concerned About Starbucks Labor Issues, Starbucks Stock (NASDAQ:SBUX) Drops
• Negative Sentiment: Broader market pressure — fading hopes of near‑term Fed rate cuts and higher energy prices — is a headwind for growth/equity multiples and risks pressuring SBUX along with the market. Dimming Hopes for Rate Cuts Drag Down U.S. Stocks
• Negative Sentiment: Competitors (e.g., Dutch Bros) are boosting loyalty engagement and transaction share, underscoring tougher competitive dynamics in the premium coffee space. Dutch Bros Loyalty Hits 15M Members: Is Engagement Driving Sales?

Starbucks Stock Performance

Shares of SBUX stock opened at $95.83 on Friday. The firm’s 50 day moving average price is $95.93 and its two-hundred day moving average price is $88.54. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $104.82. The stock has a market cap of $109.18 billion, a PE ratio of 79.20, a PEG ratio of 2.07 and a beta of 0.93.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Wednesday, January 28th. The coffee company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.03). Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The business had revenue of $9.92 billion for the quarter, compared to the consensus estimate of $9.62 billion. During the same quarter in the previous year, the firm posted $0.69 EPS. The business’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 predict that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Insider Transactions at Starbucks

In related news, EVP Sara Kelly sold 2,500 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $97.12, for a total value of $242,800.00. Following the completion of the sale, the executive vice president 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Brady Brewer sold 588 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $100.00, for a total value of $58,800.00. Following the completion of the transaction, the chief executive officer directly owned 86,017 shares in the company, valued at $8,601,700. The trade was a 0.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 4,729 shares of company stock valued at $460,974 in the last quarter. 0.03% of the stock is currently owned by corporate insiders.

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.