Starbucks Corporation $SBUX Stock Position Decreased by Farmers National Bank

Farmers National Bank trimmed its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 17.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,348 shares of the coffee company’s stock after selling 10,128 shares during the quarter. Starbucks makes up about 1.0% of Farmers National Bank’s investment portfolio, making the stock its 28th largest holding. Farmers National Bank’s holdings in Starbucks were worth $4,175,000 at the end of the most recent reporting period.

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

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Traffic and sales momentum — Several articles note Starbucks is finally seeing meaningful customer traffic growth and accelerating comparable-store sales, which supports revenue recovery if margins hold. Down Almost 9% in 1 Week, Is This Your Chance to Buy Starbucks Stock?
• Neutral Sentiment: Long-term market opportunity — Broader industry reports show European and global coffee demand is expanding, which supports Starbucks’ TAM, but this doesn’t resolve near-term margin and execution risks. Europe Coffee Market Share Analysis and Growth Forecasts
• Negative Sentiment: RBC downgrade citing labor and investment drag — RBC cut SBUX to Sector Perform (from Outperform), flagging a $500M+ labor investment, uncertain margin improvement and elevated investor expectations; the downgrade is the immediate catalyst for selling pressure. Starbucks Stock Downgraded. Surging Labor Costs Are a Problem.
• Negative Sentiment: Shareholder and governance risks — A campaign to remove two board members over stalled union talks highlights heightened investor scrutiny of Starbucks’ labor oversight and potential reputational/financial risk from ongoing union activity. Shareholder Push Puts Starbucks Board Oversight And Valuation Under Scrutiny
• Negative Sentiment: Turnaround costs and strategy doubts — Analysts question whether expensive store revamps (e.g., bigger seating) will win younger customers, and competition from smaller chains (Blank Street) and fast-food entrants adds pressure on traffic mix and margins. Why Starbucks’ turnaround plans might not win over the younger crowd

Insider Buying and Selling

In other news, EVP Sara Kelly sold 2,500 shares of the 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 completion of 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Brady Brewer sold 1,641 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $97.12, for a total transaction of $159,373.92. Following the completion of the sale, the chief executive officer owned 86,605 shares in the company, valued at approximately $8,411,077.60. The trade was a 1.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 4,729 shares of company stock valued at $460,974. Corporate insiders own 0.03% of the company’s stock.

Starbucks Stock Performance

Shares of NASDAQ:SBUX opened at $92.66 on Thursday. The stock’s 50-day moving average is $95.78 and its 200-day moving average is $88.49. The company has a market cap of $105.57 billion, a P/E ratio of 76.58, a P/E/G ratio of 2.17 and a beta of 0.93. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $104.82.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings data 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 business had revenue of $9.92 billion for the quarter, compared to analyst estimates of $9.62 billion. Starbucks had a negative return on equity of 28.66% and a net margin of 3.63%.Starbucks’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm posted $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.

Analyst Ratings Changes

SBUX has been the subject of several recent analyst reports. Citigroup decreased their price target on Starbucks from $94.00 to $92.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. New Street Research set a $90.00 price objective on Starbucks in a research note on Tuesday, January 27th. Wolfe Research initiated coverage on Starbucks in a report on Monday, March 9th. They issued a “peer perform” rating for the company. BMO Capital Markets reaffirmed an “outperform” rating and set a $120.00 target price on shares of Starbucks in a research report on Friday, January 30th. Finally, TD Cowen reiterated a “hold” rating and set a $89.00 price target (up from $84.00) on shares of Starbucks in a report on Friday, January 30th. Fifteen 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 company. According to MarketBeat.com, Starbucks currently has an average rating of “Hold” and a consensus target price of $103.81.

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.