Nykredit A S purchased a new stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 316,170 shares of the coffee company’s stock, valued at approximately $32,309,000.
A number of other institutional investors have also made changes to their positions in SBUX. B. Metzler seel. Sohn & Co. AG grew its holdings in Starbucks by 30.8% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 115,763 shares of the coffee company’s stock valued at $11,830,000 after buying an additional 27,264 shares during the last quarter. Beacon Financial Advisory LLC acquired a new position in shares of Starbucks during the second quarter worth approximately $208,000. Symphony Financial Ltd. Co. bought a new stake in shares of Starbucks in the second quarter valued at approximately $350,000. Proficio Capital Partners LLC bought a new stake in shares of Starbucks in the second quarter valued at approximately $443,000. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of Starbucks in the second quarter worth $5,561,000. 72.29% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
SBUX has been the topic of a number of research reports. Needham & Company LLC set a $120.00 target price on shares of Starbucks in a research report on Tuesday, August 18th. BNP Paribas Exane increased their price target on shares of Starbucks from $87.00 to $92.00 and gave the company an “underperform” rating in a report on Thursday, July 30th. Raymond James Financial downgraded shares of Starbucks to an “outperform” rating in a report on Monday, August 3rd. DA Davidson upped their price objective on shares of Starbucks from $102.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Finally, Scotiabank cut shares of Starbucks from a “market perform” rating to an “underperform” rating in a research note on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, Starbucks has a consensus rating of “Hold” and a consensus price target of $110.30.
Starbucks Trading Down 0.8%
SBUX opened at $105.82 on Friday. The stock’s 50 day simple moving average is $105.44 and its 200-day simple moving average is $101.06. The stock has a market cap of $120.63 billion, a PE ratio of 60.82, a P/E/G ratio of 1.84 and a beta of 0.97. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51.
Starbucks (NASDAQ:SBUX – Get Free Report) 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. Equities analysts forecast that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.
Starbucks Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, August 14th. Starbucks’s dividend payout ratio (DPR) is presently 142.53%.
Insider Activity at Starbucks
In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction dated Wednesday, August 5th. The shares were 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 in the company, valued at approximately $7,963,558.65. The trade was a 2.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 5,046 shares of company stock worth $526,868. 0.03% of the stock is currently owned by company insiders.
Key Starbucks News
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: A U.S. appeals court overturned a labor-board ruling involving Starbucks’ dress code at a Manhattan store, finding that restrictions on union-related shirts and pins did not violate workers’ rights. The decision could strengthen Starbucks’ position in its broader labor dispute and reduce potential legal and compliance risks. Reuters article
- Positive Sentiment: Recent coverage says Starbucks’ turnaround is gaining traction, with accelerating sales, improved execution, 7.9% global comparable-sales growth, cost savings and coffeehouse initiatives supporting the recovery. The company also raised fiscal 2026 guidance, while its latest quarter beat earnings and revenue expectations. Investing article
- Positive Sentiment: Starbucks is using nostalgia and menu-related marketing to encourage visits, potentially helping customer traffic as the company works to rebuild demand. TheStreet article
- Neutral Sentiment: Analysts describe the turnaround as effective but view SBUX as fairly valued. Competitive intensity, consumer spending pressure and changing preferences could limit near-term upside despite stronger margins and lower debt. Seeking Alpha article
- Negative Sentiment: The Starbucks Workers United union is planning a national boycott, reviving concerns about labor disruptions, reputational damage and possible pressure on store operations. TipRanks article
- Negative Sentiment: Starbucks is discontinuing a drink-blending powder after particles reportedly became airborne and caused baristas to cough or feel ill. Although the product is being removed during the seasonal menu transition, the issue raises workplace-safety and reputational concerns. Yahoo Finance article
Starbucks 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.
Featured Articles
- Five stocks we like better than Starbucks
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
- These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
Want to see what other hedge funds are holding SBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Corporation (NASDAQ:SBUX – Free Report).
Receive News & Ratings for Starbucks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starbucks and related companies with MarketBeat.com's FREE daily email newsletter.
