Capstone Financial Advisors Inc. Invests $2.98 Million in Starbucks Corporation $SBUX

Key Points

• Capstone Financial Advisors acquired 29,174 Starbucks shares worth approximately $2.98 million during the second quarter. Institutional investors collectively own 72.29% of the company.
• Starbucks exceeded quarterly expectations, reporting $0.85 in earnings per share versus the $0.66 consensus estimate and $9.32 billion in revenue. However, revenue declined 1.4% year over year, and the company issued fiscal 2026 EPS guidance of $2.55–$2.65.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $110.30; recent actions included an upgrade in RBC’s price target and a downgrade by Morgan Stanley. CEO Brady Brewer also sold 2,229 shares for roughly $235,000 under a pre-arranged trading plan.

Capstone Financial Advisors Inc. purchased a new position in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 29,174 shares of the coffee company's stock, valued at approximately $2,981,000.

A number of other hedge funds also recently bought and sold shares of SBUX. Sunbelt Securities Inc. boosted its stake in Starbucks by 1.0% during the first quarter. Sunbelt Securities Inc. now owns 9,473 shares of the coffee company's stock worth $849,000 after buying an additional 97 shares during the last quarter. Cypress Capital Management LLC WY increased its stake in shares of Starbucks by 30.9% in the 2nd quarter. Cypress Capital Management LLC WY now owns 424 shares of the coffee company's stock worth $43,000 after acquiring an additional 100 shares during the last quarter. Webster Bank N. A. raised its holdings in shares of Starbucks by 7.8% during the 2nd quarter. Webster Bank N. A. now owns 1,396 shares of the coffee company's stock worth $143,000 after acquiring an additional 101 shares during the period. Nilsine Partners LLC raised its holdings in shares of Starbucks by 1.0% during the 2nd quarter. Nilsine Partners LLC now owns 10,039 shares of the coffee company's stock worth $1,026,000 after acquiring an additional 101 shares during the period. Finally, Beta Wealth Group Inc. boosted its position in shares of Starbucks by 1.7% during the 2nd quarter. Beta Wealth Group Inc. now owns 6,216 shares of the coffee company's stock valued at $635,000 after acquiring an additional 102 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company's stock.

Starbucks Price Performance

NASDAQ SBUX opened at $100.04 on Thursday. The stock has a market capitalization of $114.05 billion, a P/E ratio of 57.49, a PEG ratio of 1.76 and a beta of 0.97. The firm's 50-day moving average is $105.37 and its two-hundred day moving average is $101.27. 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 released its quarterly 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. 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 for the quarter, compared to the consensus estimate of $9.17 billion. During the same period in the previous year, the firm earned $0.50 EPS. 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 EPS for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on SBUX. Royal Bank Of Canada restated a "sector perform" rating and set a $115.00 price objective (up from $110.00) on shares of Starbucks in a research report on Thursday, July 30th. The Goldman Sachs Group lowered shares of Starbucks from a "neutral" rating to a "neutral" rating in a report on Thursday, May 14th. Stephens began coverage on shares of Starbucks in a report on Thursday, May 14th. They set an "overweight" rating for the company. Needham & Company LLC set a $120.00 price target on shares of Starbucks in a research report on Tuesday, August 18th. Finally, Morgan Stanley cut Starbucks from an "overweight" rating to an "underweight" rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Starbucks currently has a consensus rating of "Hold" and an average target price of $110.30.

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the business's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $105.60, for a total value of $235,382.40. Following the sale, the chief executive officer owned 73,149 shares of the company's stock, valued at $7,724,534.40. The trade was a 2.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,687 shares of company stock valued at $703,450 over the last 90 days. 0.03% of the stock is owned by insiders.

Starbucks Company Profile

Starbucks Corporation is a global coffeehouse company that roasts, markets and sells specialty coffee, tea, cold beverages, food and other related products. Its offerings include brewed coffee, espresso-based beverages, cold drinks, teas, pastries, breakfast items and packaged coffee and tea products. Starbucks also sells branded merchandise, including drinkware and related accessories.

Founded in 1971 in Seattle, Starbucks has grown from a local coffee retailer into an international business.

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