Flavin Financial Services Inc. bought a new position in Starbucks Corporation (NASDAQ:SBUX – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 5,849 shares of the coffee company’s stock, valued at approximately $598,000.
A number of other large investors have also made changes to their positions in SBUX. Meeder Asset Management Inc. purchased a new stake in shares of Starbucks in the 2nd quarter valued at approximately $25,000. Black Cypress Capital Management LLC acquired a new position in Starbucks in the 2nd quarter valued at about $27,000. Rachor Investment Advisory Services LLC purchased a new stake in Starbucks during the 4th quarter worth approximately $25,000. Phillip James Consulting Co. purchased a new stake in shares of Starbucks during the fourth quarter worth $25,000. Finally, Cornerstone Financial Management LLC acquired a new stake in Starbucks in the 4th quarter valued at about $25,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.
Starbucks Price Performance
NASDAQ SBUX opened at $105.76 on Wednesday. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $110.51. The company has a market capitalization of $120.57 billion, a P/E ratio of 60.78, a PEG ratio of 1.86 and a beta of 0.97. The business has a 50 day moving average price of $104.65 and a 200 day moving average price of $100.59.
Starbucks Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given 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 payout ratio is currently 142.53%.
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
Insider Buying and Selling
In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the transaction, the chief executive officer directly owned 75,135 shares in the company, valued at approximately $7,963,558.65. This trade represents a 2.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 6,687 shares of company stock valued at $681,663. 0.03% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
SBUX has been the topic of a number of analyst reports. BNP Paribas Exane raised their price target on Starbucks from $87.00 to $92.00 and gave the company an “underperform” rating in a research note on Thursday, July 30th. Jefferies Financial Group began coverage on Starbucks in a research report on Thursday, May 14th. They set a “buy” rating on the stock. Wedbush started coverage on Starbucks in a research note on Thursday, May 14th. They set an “outperform” rating for the company. DA Davidson raised their price target on Starbucks from $102.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Finally, Guggenheim initiated coverage on Starbucks in a research note on Monday, August 3rd. They issued a “buy” rating on the stock. Nineteen analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $110.30.
Check Out Our Latest Stock Analysis on Starbucks
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.
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