D.B. Root & Company LLC Takes $1.03 Million Position in Starbucks Corporation $SBUX

D.B. Root & Company LLC bought a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) in the 2nd quarter, Holdings Channel.com reports. The firm bought 10,042 shares of the coffee company’s stock, valued at approximately $1,026,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Meeder Asset Management Inc. acquired a new position in shares of Starbucks in the 2nd quarter worth approximately $25,000. Black Cypress Capital Management LLC acquired a new stake in Starbucks during the second quarter valued at approximately $27,000. Rachor Investment Advisory Services LLC acquired a new stake in Starbucks during the fourth quarter valued at approximately $25,000. Phillip James Consulting Co. bought a new stake in Starbucks during the fourth quarter worth approximately $25,000. Finally, Cornerstone Financial Management LLC bought a new stake in Starbucks during the fourth quarter worth approximately $25,000. 72.29% of the stock is currently 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 that occurred on Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the transaction, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at approximately $7,963,558.65. The trade was a 2.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,687 shares of company stock worth $681,663 in the last ninety days. Company insiders own 0.03% of the company’s stock.

Starbucks Stock Down 1.6%

Shares of NASDAQ:SBUX opened at $105.76 on Wednesday. The company’s fifty day moving average is $104.65 and its two-hundred day moving average is $100.59. The company has a market cap of $120.57 billion, a P/E ratio of 60.78, a price-to-earnings-growth 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.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.19. The firm had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.Starbucks’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Equities research analysts anticipate that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Dividend Announcement

The business also recently declared 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. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s dividend payout ratio (DPR) is currently 142.53%.

Analyst Upgrades and Downgrades

SBUX has been the topic of several research reports. UBS Group upped their price target on Starbucks from $105.00 to $112.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Jefferies Financial Group initiated coverage on Starbucks in a report on Thursday, May 14th. They issued a “buy” rating on the stock. Sanford C. Bernstein downgraded Starbucks from an “outperform” rating to a “market perform” rating in a report on Monday, August 3rd. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $115.00 price target (up from $110.00) on shares of Starbucks in a research report on Thursday, July 30th. Finally, Wedbush assumed coverage on Starbucks in a report on Thursday, May 14th. They set an “outperform” rating on the stock. 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 stock. Based on data from MarketBeat.com, Starbucks currently has an average rating of “Hold” and an average price target of $110.30.

More Starbucks News

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

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.