Starbucks Corporation $SBUX Shares Sold by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH lowered its position in Starbucks Corporation (NASDAQ:SBUXFree Report) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 962,445 shares of the coffee company’s stock after selling 29,916 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Starbucks were worth $81,047,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SBUX. Brighton Jones LLC increased its holdings in Starbucks by 86.5% during the 4th quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock valued at $16,126,000 after acquiring an additional 81,952 shares in the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of Starbucks by 47.0% in the second quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company’s stock valued at $334,000 after purchasing an additional 1,164 shares in the last quarter. Laurel Wealth Advisors LLC lifted its holdings in shares of Starbucks by 9,061.1% in the second quarter. Laurel Wealth Advisors LLC now owns 156,930 shares of the coffee company’s stock valued at $14,379,000 after purchasing an additional 155,217 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in shares of Starbucks by 6.6% in the second quarter. J.W. Cole Advisors Inc. now owns 30,149 shares of the coffee company’s stock valued at $2,763,000 after purchasing an additional 1,871 shares during the last quarter. Finally, Country Trust Bank increased its stake in shares of Starbucks by 65.4% during the 2nd quarter. Country Trust Bank now owns 1,029 shares of the coffee company’s stock worth $94,000 after purchasing an additional 407 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Buying and Selling at Starbucks

In related news, EVP Sara Kelly sold 2,500 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $242,800.00. Following the transaction, the executive vice president directly 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 filing with the SEC, which can be accessed through this hyperlink. Also, CEO Brady Brewer sold 1,641 shares of the firm’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 $159,373.92. Following the completion of the sale, the chief executive officer directly owned 86,605 shares in the company, valued at approximately $8,411,077.60. The trade was a 1.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 4,729 shares of company stock valued at $460,974 over the last quarter. Insiders own 0.03% of the company’s stock.

Starbucks Stock Performance

SBUX stock opened at $91.22 on Friday. The stock has a market capitalization of $103.93 billion, a P/E ratio of 75.39, a PEG ratio of 2.07 and a beta of 0.93. Starbucks Corporation has a one year low of $75.50 and a one year high of $104.82. The company has a 50 day moving average price of $96.10 and a two-hundred day moving average price of $88.71.

Starbucks (NASDAQ:SBUXGet Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share 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 analysts’ expectations of $9.62 billion. During the same period in the prior year, the company earned $0.69 EPS. The company’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. Research analysts forecast that Starbucks Corporation will post 2.99 earnings per share for the current fiscal year.

Trending Headlines about Starbucks

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Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Piper Sandler reaffirmed an “overweight” rating and issued a $103.00 target price (up from $100.00) on shares of Starbucks in a research note on Friday, January 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of Starbucks in a report on Monday, December 29th. Dbs Bank upgraded Starbucks from a “strong sell” rating to a “moderate sell” rating in a research report on Friday, March 20th. BTIG Research reaffirmed a “buy” rating and set a $105.00 price objective on shares of Starbucks in a research note on Thursday, January 29th. Finally, Guggenheim reiterated a “neutral” rating and set a $95.00 price objective (up from $90.00) on shares of Starbucks in a research report on Wednesday, March 4th. Fifteen equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $103.81.

Read Our Latest Research Report on Starbucks

About Starbucks

(Free Report)

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.

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Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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