AIA Group Ltd Has $8.93 Million Position in Starbucks Corporation $SBUX

Key Points

• AIA Group increased its Starbucks stake by 34.9% in the second quarter, holding 87,413 shares valued at approximately $8.93 million. Institutional investors collectively own 72.29% of Starbucks.
• Analysts maintain a mixed outlook, with 19 Buy, 11 Hold and 4 Sell ratings; the average price target is $110.30 versus a recent share price of $103.99.
• Starbucks exceeded quarterly expectations with $0.85 in adjusted EPS versus a $0.66 consensus estimate and $9.32 billion in revenue. The company also declared a quarterly dividend of $0.62 per share, representing a 2.4% annualized yield.

AIA Group Ltd increased its position in Starbucks Corporation (NASDAQ:SBUX - Free Report) by 34.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 87,413 shares of the coffee company's stock after buying an additional 22,608 shares during the quarter. AIA Group Ltd's holdings in Starbucks were worth $8,933,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in SBUX. B. Metzler seel. Sohn & Co. AG lifted its stake in shares of Starbucks by 36.4% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 88,374 shares of the coffee company's stock valued at $7,442,000 after purchasing an additional 23,589 shares during the period. Jefferies Financial Group Inc. grew its stake in Starbucks by 94.5% during the fourth quarter. Jefferies Financial Group Inc. now owns 94,260 shares of the coffee company's stock worth $7,938,000 after purchasing an additional 45,794 shares during the period. Swiss Life Asset Management Ltd increased its holdings 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 purchasing an additional 87,926 shares in the last quarter. Norges Bank acquired a new position in Starbucks in the fourth quarter valued at approximately $1,232,650,000. Finally, Brighton Jones LLC boosted its holdings in shares of 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 buying an additional 81,952 shares in the last quarter. Institutional investors own 72.29% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Melius Research set a $110.00 price objective on shares of Starbucks in a research note on Monday, August 3rd. TD Cowen restated a "buy" rating on shares of Starbucks in a report on Tuesday. BTIG Research reiterated a "buy" rating and set a $115.00 price objective on shares of Starbucks in a report on Friday, July 31st. UBS Group increased their price objective on shares of Starbucks from $105.00 to $112.00 and gave the stock a "neutral" rating in a research report on Thursday, July 30th. Finally, Robert W. Baird set a $124.00 target price on Starbucks in a research note on Thursday, July 30th. Nineteen investment 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. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $110.30.

Insider Activity

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the business's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total value of $236,251.71. Following the sale, the chief executive officer directly owned 75,135 shares in the company, valued at $7,963,558.65. The trade was a 2.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,687 shares of company stock valued at $681,663 in the last 90 days. Insiders own 0.03% of the company's stock.

Starbucks Trading Down 0.9%

SBUX stock opened at $103.99 on Friday. The stock has a market cap of $118.55 billion, a P/E ratio of 59.76, a P/E/G ratio of 1.81 and a beta of 0.97. The stock's fifty day simple moving average is $104.37 and its two-hundred day simple moving average is $100.32. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $110.51.

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

Starbucks Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks's dividend payout ratio (DPR) is currently 142.53%.

Key Stories Impacting 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 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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