MidFirst Bank acquired a new stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 63,628 shares of the coffee company’s stock, valued at approximately $6,502,000.
A number of other institutional investors also recently bought and sold shares of SBUX. Rachor Investment Advisory Services LLC acquired a new position in Starbucks during the 4th quarter valued at approximately $25,000. Phillip James Consulting Co. acquired a new stake in shares of Starbucks during the fourth quarter worth $25,000. Cornerstone Financial Management LLC purchased a new stake in shares of Starbucks during the fourth quarter valued at $25,000. Entrust Financial LLC purchased a new stake in shares of Starbucks during the fourth quarter valued at $26,000. Finally, Financial Freedom LLC increased its position in shares of Starbucks by 296.2% in the 1st quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock valued at $28,000 after acquiring an additional 234 shares during the period. 72.29% of the stock is currently owned by institutional investors and hedge funds.
Starbucks Price Performance
Shares of Starbucks stock opened at $107.08 on Friday. The firm has a fifty day moving average price of $104.45 and a 200 day moving average price of $100.36. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51. The stock has a market cap of $122.07 billion, a PE ratio of 61.54, a price-to-earnings-growth ratio of 1.85 and a beta of 0.97.
Starbucks Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.62 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. Starbucks’s dividend payout ratio is presently 142.53%.
Insider Activity at Starbucks
In related news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the sale, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at $7,963,558.65. This trade represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,687 shares of company stock valued at $681,663 in the last quarter. 0.03% of the stock is owned by corporate insiders.
Trending Headlines about Starbucks
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.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on SBUX. Piper Sandler restated an “overweight” rating and issued a $110.00 target price on shares of Starbucks in a research note on Wednesday, April 29th. Wells Fargo & Company downgraded Starbucks from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. Zacks Research lowered Starbucks from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Raymond James Financial cut Starbucks to an “outperform” rating in a research note on Monday, August 3rd. Finally, BTIG Research reaffirmed a “buy” rating and set a $115.00 target price on shares of Starbucks in a report on Friday, July 31st. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $110.30.
Get Our Latest Stock Report on SBUX
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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