Bell & Brown Wealth Advisors LLC Purchases Shares of 50,977 Starbucks Corporation $SBUX

Key Points

• Bell & Brown Wealth Advisors purchased 50,977 Starbucks shares worth approximately $5.2 million, making SBUX about 1.6% of its portfolio. Institutional investors collectively own 72.29% of the company.
• Starbucks exceeded quarterly expectations with adjusted EPS of $0.85 versus $0.66 forecast and revenue of $9.32 billion, while pursuing a broader restructuring and approximately $2 billion in cost reductions.
• Analysts have a consensus “Hold” rating and a $110.30 price target. Despite the operational improvement, Starbucks trades at a high P/E of 61.54 and faces challenges including weakness in China and a dividend payout ratio above 140%.

Bell & Brown Wealth Advisors LLC purchased a new stake in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 50,977 shares of the coffee company's stock, valued at approximately $5,209,000. Starbucks makes up about 1.6% of Bell & Brown Wealth Advisors LLC's investment portfolio, making the stock its 23rd largest position.

A number of other hedge funds also recently modified their holdings of the stock. Rachor Investment Advisory Services LLC purchased a new stake in shares of Starbucks during the 4th quarter valued at approximately $25,000. Cornerstone Financial Management LLC bought a new stake in Starbucks in the 4th quarter worth approximately $25,000. Phillip James Consulting Co. purchased a new stake in Starbucks in the fourth quarter worth approximately $25,000. Meeder Asset Management Inc. bought a new position in shares of Starbucks during the second quarter valued at about $25,000. Finally, Entrust Financial LLC bought a new stake in Starbucks during the 4th quarter valued at $26,000. Institutional investors own 72.29% of the company's stock.

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the company'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 owned 75,135 shares in the company, valued at $7,963,558.65. This represents a 2.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,687 shares of company stock worth $681,663 over the last three months. Insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on SBUX shares. Robert W. Baird set a $124.00 price objective on Starbucks in a report on Thursday, July 30th. Stifel Nicolaus set a $117.00 price target on shares of Starbucks and gave the company a "buy" rating in a research report on Wednesday, May 6th. Stephens assumed coverage on Starbucks in a research report on Thursday, May 14th. They set an "overweight" rating on the stock. BMO Capital Markets reiterated an "outperform" rating and issued a $130.00 price objective on shares of Starbucks in a report on Thursday, July 30th. Finally, TD Cowen reissued a "buy" rating on shares of Starbucks in a research report on Tuesday, August 18th. Nineteen 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.com, the company currently has an average rating of "Hold" and a consensus price target of $110.30.

Starbucks News Roundup

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 Stock Performance

SBUX opened at $107.08 on Monday. The company's 50 day moving average is $104.45 and its 200 day moving average is $100.43. The company 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. 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 announced its earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The business had revenue of $9.32 billion during the quarter, compared to analysts' expectations of $9.17 billion. During the same period in the prior year, the company earned $0.50 earnings per share. The firm'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 predict that Starbucks Corporation will post 2.64 EPS for the current fiscal year.

Starbucks Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a 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 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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