Bryn Mawr Trust Advisors LLC bought a new position in Starbucks Corporation (NASDAQ:SBUX - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 15,173 shares of the coffee company's stock, valued at approximately $1,550,000.
Other hedge funds have also made changes to their positions in the company. Rachor Investment Advisory Services LLC acquired a new position in Starbucks in the fourth quarter valued at about $25,000. Phillip James Consulting Co. bought a new position in shares of Starbucks in the fourth quarter valued at approximately $25,000. Cornerstone Financial Management LLC bought a new position in shares of Starbucks in the fourth quarter valued at approximately $25,000. Entrust Financial LLC acquired a new position in shares of Starbucks in the 4th quarter worth approximately $26,000. Finally, Financial Freedom LLC grew its position in Starbucks by 296.2% during the 1st quarter. Financial Freedom LLC now owns 313 shares of the coffee company's stock worth $28,000 after acquiring an additional 234 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company's stock.
Key Headlines 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
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on SBUX shares. JPMorgan Chase & Co. lifted their price objective on Starbucks from $95.00 to $100.00 and gave the company an "overweight" rating in a research report on Friday, April 24th. Scotiabank lowered Starbucks from a "market perform" rating to an "underperform" rating in a research note on Thursday, May 14th. Citigroup upped their price target on shares of Starbucks from $108.00 to $112.00 and gave the stock a "neutral" rating in a research report on Thursday, July 30th. Robert W. Baird set a $124.00 price objective on shares of Starbucks in a report on Thursday, July 30th. Finally, Evercore restated an "outperform" rating on shares of Starbucks in a research 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $110.30.
Read Our Latest Research Report on Starbucks
Starbucks Stock Down 0.9%
Shares of SBUX stock opened at $103.99 on Friday. The firm has a market cap of $118.55 billion, a price-to-earnings ratio of 59.76, a PEG ratio of 1.81 and a beta of 0.97. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $110.51. The stock has a 50-day moving average price of $104.37 and a 200 day moving average price of $100.32.
Starbucks (NASDAQ:SBUX - Get Free Report) last released its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.19. The company had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The company's revenue was down 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Sell-side analysts predict that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.
Starbucks Announces Dividend
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 issued a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.4%. The ex-dividend date is Friday, August 14th. Starbucks's dividend payout ratio is currently 142.53%.
Insider Buying and Selling
In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the company's stock in a transaction on 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 sale, the chief executive officer owned 75,135 shares in the company, valued at approximately $7,963,558.65. The trade was a 2.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 6,687 shares of company stock worth $681,663. 0.03% of the stock is currently owned by insiders.
Starbucks Profile
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding SBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Corporation (NASDAQ:SBUX - Free Report).

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