Trust Co. of Vermont acquired a new position in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 82,754 shares of the coffee company’s stock, valued at approximately $8,457,000.
Other large investors have also recently made changes to their positions in the company. Principle Wealth Partners LLC acquired a new position in shares of Starbucks in the 2nd quarter valued at $871,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Starbucks in the 2nd quarter worth $294,196,000. Beverly Hills Private Wealth LLC acquired a new stake in Starbucks during the 2nd quarter worth about $357,000. OneDigital Investment Advisors LLC acquired a new stake in Starbucks during the 2nd quarter worth about $4,355,000. Finally, Plato Investment Management Ltd purchased a new stake in Starbucks during the 2nd quarter valued at about $1,608,000. 72.29% of the stock is owned by hedge funds and other institutional investors.
Starbucks News Summary
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver
- Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations.
- Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs
- Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China
- Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment.
Insider Buying and Selling
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on SBUX shares. DA Davidson increased their price objective on Starbucks from $102.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $115.00 target price (up from $110.00) on shares of Starbucks in a research report on Thursday, July 30th. Wedbush initiated coverage on shares of Starbucks in a report on Thursday, May 14th. They issued an “outperform” rating on the stock. Zacks Research lowered shares of Starbucks from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Compass Point began coverage on shares of Starbucks in a research note on Monday, August 3rd. They set a “buy” rating for the company. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Starbucks currently has an average rating of “Hold” and a consensus target price of $110.30.
Check Out Our Latest Stock Report on SBUX
Starbucks Stock Performance
NASDAQ SBUX opened at $107.08 on Friday. The stock has a 50-day simple moving average of $104.45 and a two-hundred day simple moving average of $100.36. The firm has a market capitalization of $122.07 billion, a P/E ratio of 61.54, a PEG ratio of 1.79 and a beta of 0.97. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $110.51.
Starbucks (NASDAQ:SBUX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The business had revenue of $9.32 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same quarter in the previous year, the firm posted $0.50 EPS. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, analysts forecast that Starbucks Corporation will post 2.64 earnings per share for the current year.
Starbucks Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.62 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a yield of 2.3%. Starbucks’s payout ratio is presently 142.53%.
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.
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