Starbucks Corporation $SBUX Shares Acquired by Kestra Private Wealth Services LLC

Posted by Geri Gentry on Jun 26th, 2026

Kestra Private Wealth Services LLC boosted its position in Starbucks Corporation (NASDAQ:SBUX – Free Report) by 8.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 100,442 shares of the coffee company’s stock after purchasing an additional 7,697 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Starbucks were worth $8,999,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in SBUX. Rachor Investment Advisory Services LLC acquired a new stake in Starbucks in the 4th quarter valued at approximately $25,000. Phillip James Consulting Co. acquired a new position in Starbucks during the 4th quarter worth $25,000. Cornerstone Financial Management LLC acquired a new position in Starbucks during the 4th quarter worth $25,000. Entrust Financial LLC bought a new position in shares of Starbucks in the fourth quarter worth $26,000. Finally, JPL Wealth Management LLC bought a new position in shares of Starbucks in the third quarter worth $27,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

SBUX has been the topic of a number of recent analyst reports. Wells Fargo & Company restated an “overweight” rating and set a $115.00 price objective (up from $110.00) on shares of Starbucks in a research note on Wednesday, April 29th. Tigress Financial started coverage on shares of Starbucks in a research report on Wednesday, April 15th. They issued a “buy” rating and a $122.00 target price for the company. TD Cowen raised shares of Starbucks from a “hold” rating to a “buy” rating and raised their target price for the company from $106.00 to $120.00 in a research note on Thursday, May 14th. Morgan Stanley upgraded shares of Starbucks from an “overweight” rating to an “overweight” rating in a research report on Thursday, May 14th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $110.00 price target on shares of Starbucks in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $108.59.

Read Our Latest Research Report on SBUX

Starbucks Stock Performance

SBUX opened at $103.16 on Friday. The company has a market capitalization of $117.57 billion, a PE ratio of 78.15, a P/E/G ratio of 2.06 and a beta of 0.98. The stock’s fifty day moving average is $101.37 and its 200-day moving average is $95.70. Starbucks Corporation has a one year low of $77.99 and a one year high of $108.88.

Starbucks (NASDAQ:SBUX – Get Free Report) last announced its earnings results on Tuesday, April 28th. The coffee company reported $0.50 earnings per share 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 business had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same quarter last year, the business posted $0.41 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts forecast that Starbucks Corporation will post 2.4 EPS for the current fiscal year.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

Positive Sentiment: Analyst coverage highlighted a potential turnaround in comps and operating income, suggesting Starbucks could be improving profitability as its “Back to Starbucks” strategy gains traction. Starbucks: Comps Turnaround And Operating Income Surge (Upgrade)
Positive Sentiment: Starbucks is leaning on delivery growth to support U.S. comparable sales, with rising transactions and broader access potentially helping make recent momentum more durable. Can Starbucks Turn Delivery Momentum Into Durable U.S. Comp Growth?
Positive Sentiment: Starbucks expanded its coffeehouse coach program after early success, which may support store execution, employee engagement, and customer experience. Starbucks expands coffeehouse coach program after early success
Neutral Sentiment: Starbucks remains a highly watched stock among traders, reflecting continued interest in the company’s turnaround story rather than a clear new fundamental catalyst. Here is What to Know Beyond Why Starbucks Corporation (SBUX) is a Trending Stock
Neutral Sentiment: The company’s pilot to incorporate employee TikToks is generating curiosity, but it is still an unproven marketing experiment and could help or hurt brand perception depending on execution. Starbucks pilots TikTok program for boosting employee-generated content
Negative Sentiment: One market report said Starbucks stock slipped as investors questioned whether the TikTok strategy will translate into meaningful business results. Starbucks Stock (NASDAQ:SBUX) Slips as Starbucks Looks to Incorporate Employee TikToks

Insider Activity

In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $104.81, for a total value of $233,621.49. Following the transaction, the chief executive officer owned 81,559 shares of the company’s stock, valued at $8,548,198.79. The trade was a 2.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sara Kelly sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $105.00, for a total transaction of $210,000.00. Following the completion of the sale, the executive vice president owned 57,653 shares in the company, valued at $6,053,565. The trade was a 3.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 8,687 shares of company stock valued at $863,707. Insiders own 0.03% of the company’s stock.

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.