Perennial Investment Advisors LLC Takes $785,000 Position in Starbucks Corporation $SBUX

Perennial Investment Advisors LLC bought a new position in Starbucks Corporation (NASDAQ:SBUX) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,684 shares of the coffee company’s stock, valued at approximately $785,000.

Other large investors have also recently added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC bought a new position in shares of Starbucks in the fourth quarter valued at approximately $25,000. Cornerstone Financial Management LLC bought a new stake in shares of Starbucks during the 4th quarter worth $25,000. Phillip James Consulting Co. acquired a new position in Starbucks in the 4th quarter valued at $25,000. Meeder Asset Management Inc. bought a new position in Starbucks in the 2nd quarter worth $25,000. Finally, Entrust Financial LLC bought a new position in Starbucks in the 4th quarter worth $26,000. Institutional investors own 72.29% of the company’s stock.

Starbucks Trading Up 2.6%

Shares of SBUX stock opened at $108.49 on Thursday. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $110.51. The company has a market capitalization of $123.68 billion, a P/E ratio of 62.35, a P/E/G ratio of 1.83 and a beta of 0.97. The stock has a 50 day moving average of $104.82 and a two-hundred day moving average of $100.68.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping 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 firm had revenue of $9.32 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same period last year, the business earned $0.50 earnings per share. 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. Sell-side analysts predict that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s payout ratio is 142.53%.

Wall Street Analyst Weigh In

SBUX has been the topic of a number of recent analyst reports. UBS Group lifted their price objective on Starbucks from $105.00 to $112.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Sanford C. Bernstein downgraded Starbucks from an “outperform” rating to a “market perform” rating in a research report on Monday, August 3rd. BTIG Research reissued a “buy” rating and issued a $115.00 price objective on shares of Starbucks in a research report on Friday, July 31st. Wells Fargo & Company downgraded shares of Starbucks from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. Finally, Morgan Stanley lowered shares of Starbucks from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Starbucks currently has a consensus rating of “Hold” and an average price target of $110.30.

Insiders Place Their Bets

In related news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total value of $236,251.71. Following the sale, the chief executive officer owned 75,135 shares of the company’s stock, valued at $7,963,558.65. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,687 shares of company stock valued at $681,663 over the last quarter. Insiders own 0.03% of the company’s stock.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Baird upgraded Starbucks to “Strong Buy.” Robert W. Baird raised its view on the stock, following an earlier Outperform rating and a $124 price target—roughly 15% above the recently cited share price. The upgrade supports the broader turnaround narrative under CEO Brian Niccol. Zacks.com
• Positive Sentiment: Fall menu and Pumpkin Spice Latte season are providing a seasonal sales catalyst. Starbucks launched its fall offerings, including the returning Pumpkin Spice Latte, while also promoting limited-time beverages and a Blueberry Matcha Daily Fiber Bar partnership. Early reports indicate refreshed products have supported customer traffic and weekend sales, reinforcing the “Back to Starbucks” strategy. Starbucks fall menu article
• Positive Sentiment: Restructuring is aimed at improving profitability. Starbucks is cutting more than 200 additional corporate jobs as part of a broader, approximately $2 billion turnaround effort. Cost reductions, improving comparable-store sales and expansion of operations in Nashville could strengthen margins if execution remains on track. Starbucks restructuring article
• Neutral Sentiment: Valuation leaves limited room for disappointment. Starbucks recently traded around $108.49, versus a 52-week range of $77.99 to $110.51, with a reported forward fiscal 2026 EPS outlook of $2.55–$2.65. The strong year-to-date performance reflects rising confidence in the turnaround, but also increases sensitivity to execution setbacks.
• Negative Sentiment: Workers United is urging customers to boycott Starbucks. More than 12,000 unionized baristas are seeking a contract and reportedly demanding $17-per-hour wages. The campaign coincides with the Pumpkin Spice Latte launch, creating a risk of reputational damage, weaker traffic or higher labor costs if negotiations remain stalled. Starbucks union boycott article

About Starbucks

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.