198,431 Shares in Starbucks Corporation $SBUX Bought by CIBC Bancorp USA Inc.

CIBC Bancorp USA Inc. acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 198,431 shares of the coffee company’s stock, valued at approximately $16,787,000.

Several other institutional investors have also added to or reduced their stakes in SBUX. Transce3nd LLC lifted its position in shares of Starbucks by 270.3% in the 2nd quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock worth $25,000 after purchasing an additional 200 shares during the period. Collier Financial purchased a new position in shares of Starbucks during the third quarter valued at about $25,000. Y.D. More Investments Ltd bought a new position in Starbucks in the third quarter worth about $26,000. JPL Wealth Management LLC bought a new position in Starbucks in the third quarter worth about $27,000. Finally, Kelleher Financial Advisors purchased a new stake in Starbucks in the third quarter worth about $27,000. 72.29% of the stock is currently owned by institutional investors.

Starbucks Stock Performance

Shares of NASDAQ SBUX opened at $95.83 on Friday. The company has a 50 day simple moving average of $95.93 and a two-hundred day simple moving average of $88.54. Starbucks Corporation has a fifty-two week low of $75.50 and a fifty-two week high of $104.82. The company has a market capitalization of $109.18 billion, a price-to-earnings ratio of 79.20, a P/E/G ratio of 2.07 and a beta of 0.93.

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 negative return on equity of 28.66% and a net margin of 3.63%.The company had revenue of $9.92 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same period in the prior year, the firm earned $0.69 earnings per share. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. On average, analysts forecast that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SBUX has been the topic of several research reports. DA Davidson initiated coverage on Starbucks in a research report on Friday, March 6th. They set a “neutral” rating and a $97.00 price objective on the stock. New Street Research set a $90.00 target price on Starbucks in a research note on Tuesday, January 27th. Bank of America set a $114.00 price target on Starbucks in a research report on Wednesday, January 21st. Wells Fargo & Company set a $110.00 price target on Starbucks in a research note on Wednesday, January 28th. Finally, William Blair upgraded Starbucks from a “market perform” rating to an “outperform” rating in a report on Thursday, January 22nd. 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 company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $103.81.

Insider Buying and Selling at Starbucks

In other news, EVP Sara Kelly sold 2,500 shares of the stock in a transaction 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 approximately $5,789,226.08. This represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Brady Brewer sold 588 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were 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 of the company’s stock, valued at $8,601,700. The trade was a 0.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 4,729 shares of company stock worth $460,974 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Trending Headlines about Starbucks

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 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.