Pecaut & CO. Invests $2.12 Million in Starbucks Corporation $SBUX

Pecaut & CO. acquired a new stake in Starbucks Corporation (NASDAQ:SBUX) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 20,700 shares of the coffee company’s stock, valued at approximately $2,115,000. Starbucks comprises approximately 0.6% of Pecaut & CO.’s investment portfolio, making the stock its 25th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. B. Metzler seel. Sohn & Co. AG grew its position in shares of Starbucks by 36.4% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 88,374 shares of the coffee company’s stock worth $7,442,000 after buying an additional 23,589 shares in the last quarter. Jefferies Financial Group Inc. raised its holdings in Starbucks by 94.5% in the fourth quarter. Jefferies Financial Group Inc. now owns 94,260 shares of the coffee company’s stock valued at $7,938,000 after acquiring an additional 45,794 shares in the last quarter. Swiss Life Asset Management Ltd lifted its stake in Starbucks by 20.4% in the fourth quarter. Swiss Life Asset Management Ltd now owns 518,405 shares of the coffee company’s stock worth $43,655,000 after acquiring an additional 87,926 shares during the last quarter. Norges Bank purchased a new position in Starbucks in the fourth quarter worth approximately $1,232,650,000. Finally, Brighton Jones LLC grew its holdings in Starbucks by 86.5% during the 4th quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock worth $16,126,000 after acquiring an additional 81,952 shares in the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SBUX. Scotiabank downgraded shares of Starbucks from a “market perform” rating to an “underperform” rating in a research report on Thursday, May 14th. BNP Paribas Exane boosted their target price on shares of Starbucks from $87.00 to $92.00 and gave the stock an “underperform” rating in a research note on Thursday, July 30th. Robert W. Baird set a $124.00 target price on Starbucks in a report on Thursday, July 30th. Compass Point initiated coverage on Starbucks in a research note on Monday, August 3rd. They issued a “buy” rating on the stock. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $110.00 price target on shares of Starbucks in a report on Wednesday, April 29th. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $110.30.

Insider Activity

In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the sale, the chief executive officer 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 document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,687 shares of company stock worth $681,663 over the last 90 days. Company insiders own 0.03% of the company’s stock.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks reported strong recent operating momentum: global comparable sales increased 7.9% in fiscal third-quarter 2026, while revenue reached approximately $9.3 billion. The trends could support the company’s fiscal 2026 earnings outlook and reflect progress from investments in its coffeehouses. Can Starbucks’ Solid Comps Growth Support Stronger FY26 Earnings?
• Positive Sentiment: A promotional return of the Unicorn Frappuccino helped produce a record sales weekend, suggesting that limited-time products and brand engagement can continue to drive customer traffic. Starbucks Just Landed the Biggest Weekend in the Company’s History
• Neutral Sentiment: Investor comparisons with McDonald’s and Chipotle show that restaurant-stock performance in 2026 has favored companies undergoing structural change. Starbucks’ valuation remains elevated, making sustained sales and earnings improvement important for further upside. Which Restaurant Stock Has Dominated in 2026: McDonald’s, Chipotle, or Starbucks?
• Negative Sentiment: Starbucks is eliminating more than 200 corporate positions as part of its restructuring and approximately $2 billion cost-reduction effort. The cuts include technology, store design and construction, and coffeehouse development roles; 120 Seattle-based employees reportedly face separation after declining relocation to the new Nashville office. The company said the reductions do not involve cafe closures, but the announcement is raising concerns about disruption and turnaround execution. Starbucks Laying Off More Than 200 Workers in Streamlining Drive

Starbucks Trading Down 0.9%

Shares of NASDAQ:SBUX opened at $103.99 on Friday. The company has a market capitalization of $118.55 billion, a PE ratio of 59.76, a P/E/G ratio of 1.81 and a beta of 0.97. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $110.51. The firm has a 50 day simple moving average of $104.37 and a 200-day simple moving average of $100.32.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $9.17 billion. During the same period last year, the firm posted $0.50 EPS. The company’s revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities research analysts predict that Starbucks Corporation will post 2.64 EPS for the current fiscal year.

Starbucks Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders 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 2.4%. Starbucks’s dividend payout ratio (DPR) is presently 142.53%.

Starbucks Company 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.