Allspring Global Investments Holdings LLC Cuts Stake in Starbucks Corporation $SBUX

Allspring Global Investments Holdings LLC lowered its holdings in shares of Starbucks Corporation (NASDAQ:SBUX) by 1.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 546,197 shares of the coffee company’s stock after selling 10,180 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Starbucks were worth $45,864,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Transce3nd LLC boosted its position in Starbucks by 270.3% during the second quarter. Transce3nd LLC now owns 274 shares of the coffee company’s stock valued at $25,000 after buying an additional 200 shares during the period. Collier Financial purchased a new position in shares of Starbucks in the third quarter worth about $25,000. Y.D. More Investments Ltd bought a new stake in shares of Starbucks in the 3rd quarter valued at about $26,000. JPL Wealth Management LLC bought a new stake in shares of Starbucks in the 3rd quarter valued at about $27,000. Finally, Kelleher Financial Advisors purchased a new stake in Starbucks during the 3rd quarter valued at about $27,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Insider Activity

In other news, CEO Brady Brewer sold 588 shares of the firm’s 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 sale, the chief executive officer directly owned 86,017 shares of the company’s stock, valued at approximately $8,601,700. This trade represents a 0.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Sara Kelly sold 2,500 shares of Starbucks stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $97.12, for a total transaction of $242,800.00. Following the sale, the executive vice president directly owned 59,609 shares in the company, valued at $5,789,226.08. The trade was a 4.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 4,729 shares of company stock valued at $460,974. Corporate insiders own 0.03% of the company’s stock.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Governance changes and a new Nashville corporate office signal management momentum on the turnaround plan; management said it’s ahead of schedule, which supports confidence in operational execution. Starbucks Governance Shifts And Nashville Office Put Turnaround In Focus
• Positive Sentiment: Brand/marketing activation at Coachella (Unicorn Frappuccino, matcha, cold brew on-site) may help spring traffic and drive social buzz — a near-term comp benefit and PR win. Starbucks to Unleash Unicorn Frappuccino at Coachella
• Neutral Sentiment: Citizens Jmp has initiated coverage on SBUX (new analyst coverage can increase attention and liquidity but impact depends on the view published). Citizens Jmp Begins Coverage on Starbucks (NASDAQ:SBUX)
• Neutral Sentiment: Articles from Zacks/Yahoo and TipRanks note strong investor interest and a visible turnaround — but several argue much of the improvement may already be priced in, suggesting limited upside absent stronger beat-and-raise results. Is Trending Stock Starbucks Corporation (SBUX) a Buy Now? Is Trending Stock Starbucks Corporation (SBUX) a Buy Now? (Zacks) Starbucks (SBUX) Turnaround Looks Real, but the Easy Money May Be Gone
• Neutral Sentiment: Restaurant-industry moves (e.g., First Watch leadership changes) are background noise for sector trends but not directly material to Starbucks. First Watch cuts its COO
• Negative Sentiment: BNP Paribas Exane’s move to a “strong sell” rating is a notable negative signal from the sell-side and could pressure sentiment/flows if other brokers follow. Zacks.com (BNP Paribas Exane strong sell note)
• Negative Sentiment: Critical analysis pieces argue Starbucks’ financials and valuation leave little margin for error — negative press can weigh on investor confidence until stronger results arrive. Starbucks: The Financial Brew Sours
• Negative Sentiment: Competitive pressure: McDonald’s push to capture a large beverage opportunity with expanded McCafé rollouts, plus rivals like Shake Shack building loyalty/tech, could pressure market share or margin over time. Can McDonald’s Tap a $100B Beverage Opportunity in 2026? Shake Shack Leans on Loyalty Program and Tech to Drive Growth

Starbucks Stock Performance

Shares of SBUX stock opened at $90.43 on Thursday. Starbucks Corporation has a fifty-two week low of $75.50 and a fifty-two week high of $104.82. The firm has a market cap of $103.03 billion, a P/E ratio of 74.74, a P/E/G ratio of 2.00 and a beta of 0.95. The business’s 50 day moving average price is $95.65 and its 200-day moving average price is $88.90.

Starbucks (NASDAQ:SBUX) last announced 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). The business had revenue of $9.92 billion during the quarter, compared to analysts’ expectations of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.The business’s revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.69 EPS. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, equities analysts predict that Starbucks Corporation will post 2.99 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on SBUX shares. William Blair raised Starbucks from a “market perform” rating to an “outperform” rating in a research note on Thursday, January 22nd. Wolfe Research began coverage on Starbucks in a research note on Monday, March 9th. They set a “peer perform” rating for the company. Citigroup cut their target price on shares of Starbucks from $94.00 to $92.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Evercore reaffirmed an “outperform” rating on shares of Starbucks in a research note on Wednesday, January 28th. Finally, BNP Paribas Exane upgraded shares of Starbucks to a “strong sell” rating in a report on Monday. Fifteen equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average 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.