Rockefeller Capital Management L.P. Cuts Stock Position in Starbucks Corporation $SBUX

Posted by George Bondi on Jun 22nd, 2026

Rockefeller Capital Management L.P. lessened its holdings in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) by 19.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 376,957 shares of the coffee company’s stock after selling 88,202 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Starbucks were worth $31,744,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Rachor Investment Advisory Services LLC purchased a new stake in Starbucks during the 4th quarter worth approximately $25,000. Phillip James Consulting Co. purchased a new position in Starbucks in the 4th quarter valued at approximately $25,000. Cornerstone Financial Management LLC purchased a new position in Starbucks in the 4th quarter valued at approximately $25,000. Y.D. More Investments Ltd acquired a new position in shares of Starbucks in the third quarter worth $26,000. Finally, Entrust Financial LLC purchased a new stake in shares of Starbucks during the fourth quarter worth $26,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

Positive Sentiment: Analysts and market commentary continue to cite Starbucks as a “wide moat” consumer stock with stable-return potential in the second half of 2026, which supports the investment case for SBUX. Buy 5 Non-Tech Wide Moat Stocks for a Stable Portfolio in 2H 2026
Positive Sentiment: Starbucks is being spotlighted for growth initiatives, including plans to double its store count outside North America and to speed up expansion in India, signaling a longer-term unit-growth runway. Starbucks Could Double Its International Store Count. Is It Time to Invest $1,000?
Positive Sentiment: Retail-sales coverage also listed SBUX among stocks benefiting from resilient consumer demand and improving earnings estimates, reinforcing the view that the business may be holding up well. 5 Stocks to Grab as Retail Sales Continue to Surge on Robust Demand
Neutral Sentiment: Juneteenth-related coverage about whether Starbucks stores are open or closed is likely to affect traffic only modestly and is more of a customer-information item than a stock-moving catalyst. Is Starbucks open or closed on Juneteenth?
Neutral Sentiment: Reuters-linked reports that Starbucks Korea will close all stores early for staff training point to reputational management efforts, but the direct financial impact appears limited unless backlash spreads. Starbucks Korea Faces Sales Hit after Backlash, Plans Nationwide Staff Training, Says Reuters
Negative Sentiment: Some coverage warned that Starbucks is among restaurant stocks investors should “think twice about,” reflecting broader caution around restaurant demand and consumer spending volatility. 3 Restaurant Stocks We Think Twice About
Negative Sentiment: Recent market write-ups noted SBUX underperformed and saw a sharper drop than the broader market in prior trading, suggesting some near-term pressure remains on the stock. Starbucks (SBUX) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Insider Activity

In other news, EVP Sara Kelly sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $105.00, for a total transaction of $210,000.00. Following the sale, the executive vice president owned 57,653 shares of the company’s stock, valued at approximately $6,053,565. This trade represents a 3.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 588 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $100.00, for a total value of $58,800.00. Following the sale, the chief executive officer owned 79,593 shares of the company’s stock, valued at approximately $7,959,300. The trade was a 0.73% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 8,687 shares of company stock worth $863,707 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Starbucks Stock Performance

Starbucks stock opened at $100.65 on Monday. The company has a fifty day simple moving average of $101.00 and a 200-day simple moving average of $95.24. The stock has a market cap of $114.71 billion, a P/E ratio of 76.25, a price-to-earnings-growth ratio of 2.00 and a beta of 0.98. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $108.88.

Starbucks (NASDAQ:SBUX – Get Free Report) last posted its earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.44 by $0.06. Starbucks had a negative return on equity of 29.24% and a net margin of 3.89%.The firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same quarter in the prior year, the company posted $0.41 earnings per share. Starbucks’s revenue for the quarter was up 8.8% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, sell-side analysts forecast that Starbucks Corporation will post 2.4 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a $0.62 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.5%. Starbucks’s dividend payout ratio is presently 187.88%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Evercore increased their price objective on Starbucks from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. The Goldman Sachs Group downgraded Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. Scotiabank lowered Starbucks from a “market perform” rating to an “underperform” rating in a research report on Thursday, May 14th. Morgan Stanley upgraded Starbucks from an “overweight” rating to an “overweight” rating in a research note on Thursday, May 14th. Finally, Jefferies Financial Group initiated coverage on Starbucks in a research report on Thursday, May 14th. They set a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $107.93.

View Our Latest Stock Report on SBUX

Starbucks Company Profile

(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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