Rockland Trust Co. raised its stake in Starbucks by 6.3%, owning 262,937 shares worth about $22.14 million. Despite EPS misses, revenue exceeded expectations, and management was retained, with analysts giving a "Hold" rating and a $103.07 target price.

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2026-04-18 19:29:18

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Rockland Trust Co. recently increased its stake in Starbucks Corporation by 6.3%, acquiring an additional 15,497 shares, bringing their total holdings to 262,937 shares valued at approximately $22.14 million. Institutional investors collectively own 72.29% of Starbucks stock. Despite missing EPS estimates, the company’s revenue beat expectations and shareholders re-elected the full board, indicating management continuity, while analysts hold a consensus “Hold” rating with a target price of $103.07.

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Starbucks Corporation $SBUX Shares Purchased by Rockland Trust Co.

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