Starbucks Corporation $SBUX Shares Acquired by Assetmark Inc.

Key Points

• Assetmark Inc. increased its stake in Starbucks by 15.2%, buying 51,740 shares to own 391,908 shares valued at about $33.0 million per its latest 13F filing.
• Starbucks reported quarter EPS of $0.56 (missing the $0.59 consensus) with revenue of $9.92 billion, set FY2026 guidance of 2.15–2.40 EPS, and carries a MarketBeat average analyst rating of Hold with a $103.93 average target (15 Buys, 13 Holds, 1 Sell).
• The company completed the China franchise/joint‑venture sale to Boyu Capital—reducing international operating risk—and saw Jefferies upgrade SBUX to Hold; insiders have also executed small stock sales recently, with insiders owning about 0.03%.

Assetmark Inc. grew its position in Starbucks Corporation (NASDAQ:SBUX - Free Report) by 15.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 391,908 shares of the coffee company's stock after buying an additional 51,740 shares during the quarter. Assetmark Inc.'s holdings in Starbucks were worth $33,003,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Rede Wealth LLC acquired a new stake in shares of Starbucks in the fourth quarter valued at $351,000. Webster Bank N. A. grew its stake in Starbucks by 27.4% during the 4th quarter. Webster Bank N. A. now owns 1,395 shares of the coffee company's stock worth $117,000 after purchasing an additional 300 shares in the last quarter. Third View Private Wealth LLC acquired a new position in Starbucks during the 4th quarter worth $3,135,000. Westside Investment Management Inc. grew its stake in Starbucks by 18.8% during the 4th quarter. Westside Investment Management Inc. now owns 19,025 shares of the coffee company's stock worth $1,601,000 after purchasing an additional 3,016 shares in the last quarter. Finally, Guyasuta Investment Advisors Inc. acquired a new position in Starbucks during the 4th quarter worth $358,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SBUX. Barclays set a $116.00 target price on Starbucks and gave the stock an "overweight" rating in a research note on Friday, January 30th. BTIG Research reissued a "buy" rating and set a $105.00 target price on shares of Starbucks in a research note on Thursday, January 29th. Dbs Bank raised Starbucks from a "strong sell" rating to a "moderate sell" rating in a research note on Friday, March 20th. Mizuho boosted their target price on Starbucks from $86.00 to $95.00 and gave the stock a "neutral" rating in a research note on Monday, January 26th. Finally, Jefferies Financial Group raised Starbucks from an "underperform" rating to a "hold" rating and lifted their price target for the stock from $86.00 to $92.00 in a report on Monday. Fifteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Starbucks presently has an average rating of "Hold" and an average target price of $103.93.

Starbucks Stock Performance

Starbucks stock opened at $98.47 on Wednesday. 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 $112.19 billion, a P/E ratio of 81.38, a PEG ratio of 2.17 and a beta of 0.95. The stock has a 50-day simple moving average of $95.78 and a 200-day simple moving average of $89.64.

Starbucks (NASDAQ:SBUX - Get Free Report) last posted its earnings results on Wednesday, January 28th. The coffee company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.03). The firm had revenue of $9.92 billion during the quarter, compared to analysts' expectations of $9.62 billion. Starbucks had a net margin of 3.63% and a negative return on equity of 28.66%. The firm's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.69 earnings per share. Starbucks has set its FY 2026 guidance at 2.150-2.400 EPS. As a group, analysts forecast that Starbucks Corporation will post 2.99 earnings per share for the current year.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Jefferies upgraded SBUX to Hold (from Underperform), citing the China JV closing and early signs of U.S. stabilization — the call improves the stock’s risk profile even as the firm remains cautious on valuation. Jefferies Upgrades Starbucks to Hold as China Franchise Exit and U.S. Stabilization Improve Visibility
• Positive Sentiment: Starbucks completed the China franchise/joint‑venture transaction (Boyu Capital), selling control of its China unit — this reduces international operating risk and gives clearer runway for U.S. turnaround efforts and capital allocation. Starbucks Sells Control of China Unit to Boyu in Growth Push, Reuters Reports
• Neutral Sentiment: Starbucks set its Q2 FY2026 results release and conference call for April 28 (after market close) — an event that can move the stock if EPS, guidance, or commentary on the U.S turnaround and China execution differ from expectations. Starbucks Announces Q2 Fiscal Year 2026 Results Conference Call
• Neutral Sentiment: Wall Street analyst coverage is active this week (multiple upgrades/notes mentioned in analyst roundups) — continued analyst attention can amplify moves after earnings or on incremental operational updates. Here Are Monday’s Top Wall Street Analyst Research Calls
• Neutral Sentiment: Rising pistachio prices (eight‑year high) are a commodity datapoint to monitor — may slightly raise input costs for some beverages/food items if broader nut/dairy inflation persists, but impact on Starbucks’ overall margins is likely limited. Pistachio Prices Hit Eight-Year High on War in Major Grower Iran
• Negative Sentiment: McDonald’s is rolling out “dirty sodas” and specialty cold beverages at lower price points than Starbucks — this intensifies competition in the high‑growth cold‑drink category and could pressure traffic or promotional dynamics for Starbucks’ refreshers and cold beverages. McDonald’s Spices Up Soft Drink Menus with Dirty Sodas, Specialty Bevs

Insider Activity at Starbucks

In other Starbucks news, CEO Brady Brewer sold 1,641 shares of the business'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 transaction, the chief executive officer owned 84,376 shares in the company, valued at approximately $7,593,840. The trade was a 1.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 business'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 transaction, the executive vice president owned 59,609 shares in the company, valued at $5,789,226.08. The trade was a 4.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 6,370 shares of company stock valued at $608,664. 0.03% of the stock is owned by company 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.

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