Pacific Excel Wealth Advisors Inc. Purchases New Position in Starbucks Corporation $SBUX

Pacific Excel Wealth Advisors Inc. purchased a new position in Starbucks Corporation (NASDAQ:SBUX) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 6,474 shares of the coffee company’s stock, valued at approximately $662,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC purchased a new position in shares of Starbucks in the 4th quarter worth approximately $25,000. Cornerstone Financial Management LLC purchased a new stake in Starbucks during the 4th quarter valued at $25,000. Phillip James Consulting Co. bought a new stake in Starbucks in the fourth quarter worth $25,000. Entrust Financial LLC purchased a new position in Starbucks during the fourth quarter worth $26,000. Finally, Tucker Asset Management LLC purchased a new position in Starbucks during the fourth quarter worth $27,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $104.00, for a total value of $231,816.00. Following the completion of the sale, the chief executive officer directly owned 77,364 shares in the company, valued at $8,045,856. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 4,458 shares of company stock worth $445,412 in the last 90 days. Company insiders own 0.03% of the company’s stock.

Starbucks Trading Up 1.5%

NASDAQ SBUX opened at $104.97 on Wednesday. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $109.23. The company’s 50-day moving average price is $102.31 and its 200-day moving average price is $99.33. The stock has a market cap of $119.67 billion, a PE ratio of 60.33, a PEG ratio of 1.78 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Wednesday, July 29th. The coffee company reported $0.85 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 business had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.17 billion. During the same period in the prior year, the firm earned $0.50 EPS. 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. As a group, sell-side analysts forecast that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. Starbucks’s dividend payout ratio is presently 142.53%.

Analyst Ratings Changes

SBUX has been the topic of several recent analyst reports. Sanford C. Bernstein downgraded shares of Starbucks from an “outperform” rating to a “market perform” rating in a research note on Monday. Scotiabank downgraded shares of Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Starbucks in a research report on Monday, July 20th. Tigress Financial started coverage on shares of Starbucks in a research note on Wednesday, April 15th. They issued a “buy” rating and a $122.00 price objective for the company. Finally, Melius Research set a $110.00 target price on Starbucks in a research report on Monday. Nineteen 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, the company currently has a consensus rating of “Hold” and a consensus target price of $111.96.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Improving traffic and earnings: Starbucks reported quarterly earnings of $0.85 per share, well above the $0.66 consensus estimate, while revenue of $9.32 billion also exceeded expectations. Management cited broader traffic gains, faster service and store upgrades as drivers of the recovery. Can Starbucks’ Raised 2026 Outlook Drive a Durable Earnings Recovery?
• Positive Sentiment: Higher fiscal 2026 outlook: Starbucks raised its fiscal 2026 earnings guidance to approximately $2.55-$2.65 per share. The upgrade reinforces expectations for a durable earnings recovery if sales momentum and margin improvement continue. SBUX Q3 Earnings Call Highlights Durable Traffic Recovery
• Positive Sentiment: Seasonal product launch: The Pumpkin Spice Latte will return this month alongside new fall beverages, food and merchandise. The promotion could boost customer visits and average spending during an important seasonal period. Starbucks announces Pumpkin Spice Latte return date
• Positive Sentiment: Analyst support: Melius Research upgraded SBUX from Sell to Hold after the strong quarterly results, while BTIG reiterated its Buy rating, reducing immediate bearish pressure.
• Neutral Sentiment: Store portfolio changes: Starbucks may close underperforming locations as it reshapes its large store base. Closures could improve efficiency and profitability, but they also highlight ongoing cost and traffic challenges. Starbucks CEO says your local store may not survive
• Negative Sentiment: Valuation and competition remain concerns: Analysts argue that much of the recovery is already reflected in the share price, with Starbucks trading at a high earnings multiple. Rivals such as Dutch Bros are competing for growth, while Starbucks must sustain traffic gains and control costs to justify its premium valuation. Starbucks is recovering, but the stock looks fully priced

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.