Alpine Woods Capital Investors LLC Buys New Holdings in Starbucks Corporation $SBUX

Key Points

• Alpine Woods Capital Investors acquired 14,384 Starbucks shares worth approximately $1.47 million, while institutional investors collectively own 72.29% of the company.
• Starbucks reported quarterly EPS of $0.85, exceeding the $0.66 consensus estimate, and revenue of $9.32 billion versus expectations of $9.17 billion. However, revenue declined 1.4% year over year.
• The company is pursuing a restructuring and roughly $2 billion cost-reduction effort, but faces China-market pressures and a demanding valuation, with shares trading at a P/E ratio above 60.

Alpine Woods Capital Investors LLC purchased a new position in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 14,384 shares of the coffee company's stock, valued at approximately $1,470,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Jefferies Financial Group Inc. lifted its stake in Starbucks by 94.5% during the 4th 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 boosted its holdings in Starbucks by 20.4% during the 4th 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 bought a new stake in shares of Starbucks in the 4th quarter worth $1,232,650,000. Brighton Jones LLC grew its stake in shares of Starbucks by 86.5% in 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. Finally, Parkside Investments LLC purchased a new stake in shares of Starbucks in the fourth quarter valued at about $842,000. Institutional investors own 72.29% 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

NASDAQ:SBUX opened at $107.08 on Friday. The business has a fifty day simple moving average of $104.45 and a two-hundred day simple moving average of $100.36. 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 $122.07 billion, a P/E ratio of 61.54, a P/E/G ratio of 1.85 and a beta of 0.97.

Starbucks (NASDAQ:SBUX - Get Free Report) last issued its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The firm had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same period in the previous year, the company posted $0.50 earnings per share. The business'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, analysts anticipate that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Announces Dividend

The firm 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 presently 142.53%.

Insider Activity

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

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. TD Cowen reissued a "buy" rating on shares of Starbucks in a research report on Tuesday. The Goldman Sachs Group downgraded shares of Starbucks from a "neutral" rating to a "neutral" rating in a research report on Thursday, May 14th. Scotiabank lowered shares of Starbucks from a "market perform" rating to an "underperform" rating in a research note on Thursday, May 14th. Guggenheim started coverage on shares of Starbucks in a research report on Monday, August 3rd. They set a "buy" rating on the stock. Finally, Jefferies Financial Group began coverage on Starbucks in a research note on Thursday, May 14th. They issued a "buy" rating on the stock. 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. According to data from MarketBeat, Starbucks currently has a consensus rating of "Hold" and an average target price of $110.30.

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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