EP Wealth Advisors LLC acquired a new stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) in the second quarter, Holdings Channel reports. The fund acquired 75,211 shares of the coffee company’s stock, valued at approximately $7,686,000.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in shares of Starbucks in the second quarter valued at approximately $8,504,509,000. Norges Bank acquired a new stake in Starbucks during the fourth quarter worth approximately $1,232,650,000. T. Rowe Price Investment Management Inc. increased its stake in Starbucks by 65.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock worth $1,637,704,000 after acquiring an additional 7,725,547 shares during the period. Bank of New York Mellon Corp acquired a new position in Starbucks in the 2nd quarter valued at $779,790,000. Finally, Capital World Investors raised its holdings in Starbucks by 9.0% in the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after acquiring an additional 7,007,268 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.
Analyst Ratings Changes
SBUX has been the topic of a number of recent analyst reports. Stifel Nicolaus set a $117.00 price target on Starbucks and gave the stock a “buy” rating in a research report on Wednesday, May 6th. BTIG Research reaffirmed a “buy” rating and set a $115.00 price objective on shares of Starbucks in a research report on Friday, July 31st. DA Davidson increased their price objective on shares of Starbucks from $102.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. The Goldman Sachs Group cut shares of Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. Finally, Compass Point started coverage on shares of Starbucks in a research report on Monday, August 3rd. They set a “buy” rating on the stock. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $110.30.
Starbucks Price Performance
Shares of NASDAQ:SBUX opened at $107.49 on Tuesday. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The company has a market cap of $122.54 billion, a price-to-earnings ratio of 61.78, a PEG ratio of 1.85 and a beta of 0.97. The firm has a 50 day simple moving average of $104.57 and a 200 day simple moving average of $100.53.
Starbucks (NASDAQ:SBUX – Get Free Report) last posted its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. The firm had revenue of $9.32 billion for the quarter, compared to analysts’ expectations of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The company’s revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, analysts expect that Starbucks Corporation will post 2.64 EPS for the current year.
Starbucks Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. Starbucks’s dividend payout ratio (DPR) is 142.53%.
Key Stories Impacting Starbucks
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Starbucks’ coffee strategy is drawing renewed investor attention as management focuses on improving the customer experience, store performance and operational execution. Starbucks Coffee Strategy Draws Fresh Attention
- Positive Sentiment: The fall menu includes the return of a 23-year-old customer favorite along with nine new seasonal food and beverage items, providing a potential near-term traffic and sales catalyst. Starbucks Fall Menu 2026
- Positive Sentiment: The limited-time Unicorn Frappuccino reportedly produced Starbucks’ biggest sales weekend ever and lifted traffic 28.5% versus a typical Saturday, supporting the case that innovative promotions can attract customers. Starbucks Unicorn Frappuccino Sales
- Positive Sentiment: Analyst commentary highlights SBUX’s roughly 27% year-to-date advance, stronger traffic, recovering margins and raised guidance. Recent earnings also exceeded expectations, with quarterly EPS of $0.85 versus a $0.66 consensus and revenue of $9.32 billion. Starbucks Stock Gains 27 Percent Year to Date
- Neutral Sentiment: Starbucks has received a consensus analyst rating of “Hold,” suggesting that improving fundamentals are currently balanced against the stock’s already strong rally and execution risks. Starbucks Consensus Hold Rating
- Negative Sentiment: At a premium valuation, SBUX could experience greater volatility if consumer spending weakens or investors reduce expectations for the turnaround. Higher input costs and broader consumer uncertainty remain key risks. High-Flying Stocks With Warning Signs
- Negative Sentiment: Starbucks plans to eliminate more than 200 positions at its Seattle headquarters and shift some roles to Nashville. The restructuring may improve efficiency, but the layoffs could signal ongoing cost and organizational pressure. Starbucks Seattle Headquarters Layoffs
Insiders Place Their Bets
In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the company’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 completion of the transaction, the chief executive officer owned 75,135 shares of the company’s stock, valued at $7,963,558.65. This represents a 2.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 6,687 shares of company stock worth $681,663. Insiders own 0.03% of the company’s stock.
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.
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