Monetta Financial Services Inc. bought a new position in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 14,000 shares of the coffee company’s stock, valued at approximately $1,431,000.
Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Starbucks during the second quarter valued at $8,504,509,000. Norges Bank bought a new stake in shares of Starbucks in the fourth quarter worth $1,232,650,000. T. Rowe Price Investment Management Inc. increased its holdings in Starbucks by 65.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock valued at $1,637,704,000 after purchasing an additional 7,725,547 shares during the period. Bank of New York Mellon Corp acquired a new stake in Starbucks in the second quarter valued at $779,790,000. Finally, Capital World Investors raised its position in Starbucks by 9.0% during the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock worth $7,135,228,000 after purchasing an additional 7,007,268 shares during the last quarter. 72.29% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research analysts have commented on SBUX shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Starbucks in a report on Monday, July 20th. Zacks Research cut Starbucks from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. TD Cowen restated a “buy” rating on shares of Starbucks in a research report on Tuesday, August 18th. Evercore reaffirmed an “outperform” rating on shares of Starbucks in a research note on Thursday, July 30th. Finally, Wells Fargo & Company cut Starbucks from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. Nineteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $110.30.
Insider Buying and Selling
In related news, CEO Brady Brewer sold 2,229 shares of the business’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 sale, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at $7,963,558.65. The trade was a 2.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 6,687 shares of company stock valued at $681,663. Insiders own 0.03% of the company’s stock.
Starbucks News Summary
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver
- Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations.
- Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs
- Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China
- Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment.
Starbucks Price Performance
SBUX stock opened at $107.08 on Monday. The firm has a market cap of $122.07 billion, a price-to-earnings ratio of 61.54, a PEG ratio of 1.85 and a beta of 0.97. The company’s fifty day simple moving average is $104.45 and its 200 day simple moving average is $100.43. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $110.51.
Starbucks (NASDAQ:SBUX – Get Free Report) last released its quarterly earnings data 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. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The company had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same quarter in the previous year, the business posted $0.50 EPS. Starbucks’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. Research analysts expect that Starbucks Corporation will post 2.64 earnings per share for the current year.
Starbucks Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.62 dividend. The ex-dividend date 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 currently 142.53%.
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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