Meiji Yasuda Asset Management Co Ltd. Invests $2.67 Million in Starbucks Corporation $SBUX

Meiji Yasuda Asset Management Co Ltd. purchased a new position in shares of Starbucks Corporation (NASDAQ:SBUX) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 26,162 shares of the coffee company’s stock, valued at approximately $2,673,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mission Financial Group LLC purchased a new stake in shares of Starbucks during the 2nd quarter valued at approximately $255,000. Haverford Trust Co bought a new position in Starbucks in the second quarter valued at $703,000. First Nebraska Trust Co bought a new stake in Starbucks in the 2nd quarter worth approximately $605,000. Bank of Nova Scotia purchased a new stake in Starbucks during the 2nd quarter valued at about $18,506,000. Finally, Compass Financial Management LLC bought a new stake in shares of Starbucks in the second quarter worth about $58,000. 72.29% of the stock is owned by institutional investors.

Insider Activity at Starbucks

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

Starbucks Trading Down 1.6%

NASDAQ SBUX opened at $105.76 on Wednesday. The stock has a market cap of $120.57 billion, a price-to-earnings ratio of 60.78, a PEG ratio of 1.86 and a beta of 0.97. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $110.51. The company’s 50 day moving average is $104.65 and its two-hundred day moving average is $100.59.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The firm had revenue of $9.32 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same period in the prior year, the company posted $0.50 earnings per share. The company’s revenue for the quarter 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 forecast that Starbucks Corporation will post 2.64 EPS for the current year.

Starbucks Dividend Announcement

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. This represents a $2.48 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s payout ratio is currently 142.53%.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Seasonal promotions are supporting the turnaround. Starbucks launched its fall menu and Pumpkin Spice Latte season, while the limited-time Unicorn Frappuccino reportedly generated the company’s highest sales weekend on record and lifted traffic 28.5% above a typical Saturday. New offerings, including the Blueberry Matcha Daily Fiber Bar, are also intended to drive visits and strengthen the “Back to Starbucks” strategy. Starbucks Unicorn Frappuccino drives biggest sales weekend ever
• Positive Sentiment: Analyst sentiment remains constructive. Baird initiated coverage with an Outperform rating and a $124 price target, implying additional upside based on expectations for improved traffic, margin recovery and continued execution of the turnaround. Starbucks has also reported better-than-expected recent earnings and maintained fiscal 2026 EPS guidance of $2.55–$2.65. Baird sees upside for Starbucks
• Neutral Sentiment: Corporate restructuring continues. Starbucks plans to eliminate more than 200 Seattle-area corporate positions and shift some roles to Nashville. The cuts could reduce costs and streamline operations, but they also highlight ongoing execution challenges and may create transition or morale risks. Starbucks is cutting more than 200 jobs
• Negative Sentiment: Labor conflict is the main near-term overhang. Starbucks Workers United is urging more than 12,000 unionized baristas and customers to boycott the chain during the Pumpkin Spice Latte launch until management reaches a contract agreement. The financial impact depends on participation, but a sustained boycott could undermine the traffic gains investors are watching and add reputational and labor costs. Starbucks union calls for boycott

Analyst Upgrades and Downgrades

SBUX has been the topic of a number of research reports. Robert W. Baird set a $124.00 target price on shares of Starbucks in a report on Thursday, July 30th. BNP Paribas Exane raised their target price on shares of Starbucks from $87.00 to $92.00 and gave the stock an “underperform” rating in a report on Thursday, July 30th. Compass Point initiated coverage on Starbucks in a report on Monday, August 3rd. They issued a “buy” rating on the stock. Piper Sandler restated an “overweight” rating and set a $110.00 price target on shares of Starbucks in a research note on Wednesday, April 29th. Finally, Jefferies Financial Group initiated coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued a “buy” rating on the stock. Nineteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $110.30.

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.