26,685 Shares in Starbucks Corporation $SBUX Bought by Auxano Advisors LLC

Auxano Advisors LLC bought a new stake in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 26,685 shares of the coffee company's stock, valued at approximately $2,727,000. Starbucks accounts for about 0.5% of Auxano Advisors LLC's investment portfolio, making the stock its 28th largest position.

Several other hedge funds also recently added to or reduced their stakes in the business. Jefferies Financial Group Inc. increased its stake in shares of Starbucks by 94.5% in the 4th quarter. Jefferies Financial Group Inc. now owns 94,260 shares of the coffee company's stock valued at $7,938,000 after purchasing an additional 45,794 shares in the last quarter. Swiss Life Asset Management Ltd boosted its position in Starbucks by 20.4% during the fourth quarter. Swiss Life Asset Management Ltd now owns 518,405 shares of the coffee company's stock worth $43,655,000 after purchasing an additional 87,926 shares in the last quarter. Norges Bank purchased a new position in Starbucks during the fourth quarter worth approximately $1,232,650,000. Brighton Jones LLC grew its holdings in Starbucks by 86.5% in the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company's stock valued at $16,126,000 after purchasing an additional 81,952 shares during the period. Finally, Parkside Investments LLC acquired a new stake in Starbucks in the fourth quarter valued at approximately $842,000. 72.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Morgan Stanley cut Starbucks from an "overweight" rating to an "underweight" rating in a research report on Monday, August 3rd. Royal Bank Of Canada reissued a "sector perform" rating and issued a $115.00 price target (up from $110.00) on shares of Starbucks in a research note on Thursday, July 30th. Needham & Company LLC set a $120.00 price target on shares of Starbucks in a report on Tuesday. Wells Fargo & Company cut shares of Starbucks from an "overweight" rating to an "underweight" rating in a research report on Monday, August 3rd. Finally, UBS Group increased their price objective on shares of Starbucks from $105.00 to $112.00 and gave the company a "neutral" rating in a report on Thursday, July 30th. Nineteen equities research 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's stock. Based on data from MarketBeat, Starbucks currently has an average rating of "Hold" and an average price target of $110.30.

Key Headlines Impacting Starbucks

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.

Insiders Place Their Bets

In related news, CEO Brady Brewer sold 2,229 shares of the business'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 transaction, the chief executive officer directly 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 legal filing with the SEC, which can be accessed 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 quarter. Insiders own 0.03% of the company's stock.

Starbucks Stock Performance

Shares of SBUX opened at $107.08 on Friday. The stock has a 50 day moving average price of $104.45 and a 200 day moving average price of $100.36. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The stock has a market capitalization of $122.07 billion, a price-to-earnings ratio of 61.54, a PEG ratio of 1.85 and a beta of 0.97.

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

Starbucks Dividend Announcement

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

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