Corient Private Wealth LP Sells 232,029 Shares of Starbucks Corporation $SBUX

Posted by on Sep 11th, 2026

Corient Private Wealth LP decreased its holdings in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) by 7.7% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 2,783,025 shares of the coffee company’s stock after selling 232,029 shares during the period. Corient Private Wealth LP’s holdings in Starbucks were worth $284,418,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Jefferies Financial Group Inc. grew its position in shares of Starbucks by 94.5% during the 4th quarter. Jefferies Financial Group Inc. now owns 94,260 shares of the coffee company’s stock worth $7,938,000 after buying an additional 45,794 shares during the period. Norges Bank bought a new stake in Starbucks in the fourth quarter valued at approximately $1,232,650,000. The Manufacturers Life Insurance Company acquired a new stake in Starbucks in the second quarter worth $61,404,000. Brighton Jones LLC raised its holdings in Starbucks by 86.5% in the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock worth $16,126,000 after purchasing an additional 81,952 shares during the period. Finally, Parkside Investments LLC bought a new position in shares of Starbucks during the fourth quarter worth $842,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Starbucks Price Performance

Shares of SBUX opened at $99.22 on Friday. The company has a market cap of $113.11 billion, a PE ratio of 57.02, a price-to-earnings-growth ratio of 1.73 and a beta of 0.97. The firm has a 50-day moving average of $105.27 and a 200-day moving average of $101.29. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51.

Starbucks (NASDAQ:SBUX – Get Free Report) last issued its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The company had revenue of $9.32 billion for the quarter, compared to analysts’ expectations of $9.17 billion. During the same period in the prior year, the firm earned $0.50 EPS. Starbucks’s quarterly revenue was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Analysts expect that Starbucks Corporation will post 2.64 earnings per share for the current year.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

  • Positive Sentiment: CEO Brian Niccol said Starbucks’ “Back to Starbucks” turnaround has restored momentum, with comparable sales reportedly up 7.9%. The next phase will focus on improving service, customer experience, and in-store execution. Starbucks is back, CEO Brian Niccol says
  • Positive Sentiment: Starbucks plans to invest approximately $1 billion to renovate up to 9,000 company-operated North American cafés, adding more comfortable seating and community-oriented features intended to increase customer visits and dwell time. Starbucks bets $1bn on coffee house antidote to lonely digital lives
  • Positive Sentiment: Management expects roughly 1,500 or more upgraded locations by the end of the current fiscal year and continues to highlight growth opportunities in China. The strategy could support traffic, sales, and brand engagement if renovations generate attractive returns. Starbucks CEO Says Thousands More Store Upgrades Coming
  • Neutral Sentiment: The latest reported quarter exceeded expectations, with earnings of $0.85 per share versus a $0.66 consensus estimate and revenue of $9.32 billion versus $9.17 billion. However, revenue still declined 1.4% year over year, while the company’s FY 2026 EPS outlook remains $2.55–$2.65. Starbucks CEO Niccol brought back customers, investors want margins next
  • Negative Sentiment: Investors are increasingly focused on whether Starbucks can translate returning customers into sustainable margin expansion. The renovation program could raise costs before its sales benefits appear, and the stock’s valuation remains demanding at roughly 57 times earnings.
  • Negative Sentiment: CEO Brady Brewer sold 2,229 shares under a pre-arranged Rule 10b5-1 trading plan. The transaction was relatively small, but insider selling can add a modest overhang. Starbucks insider sale filing

Insider Activity at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $105.60, for a total transaction of $235,382.40. Following the completion of the transaction, the chief executive officer directly owned 73,149 shares in the company, valued at approximately $7,724,534.40. The trade was a 2.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 6,687 shares of company stock worth $703,450. Insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on SBUX shares. Citigroup boosted their price target on shares of Starbucks from $108.00 to $112.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Scotiabank lowered Starbucks from a “market perform” rating to an “underperform” rating in a research report on Thursday, May 14th. Stephens assumed coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “overweight” rating on the stock. Zacks Research cut Starbucks from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, The Goldman Sachs Group cut shares of Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $110.30.

Get Our Latest Research Report on SBUX

About Starbucks

(Free Report)

Starbucks Corporation is a global coffeehouse company that roasts, markets and sells specialty coffee, tea, cold beverages, food and other related products. Its offerings include brewed coffee, espresso-based beverages, cold drinks, teas, pastries, breakfast items and packaged coffee and tea products. Starbucks also sells branded merchandise, including drinkware and related accessories.

Founded in 1971 in Seattle, Starbucks has grown from a local coffee retailer into an international business.

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Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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