Commerzbank Aktiengesellschaft FI Acquires New Holdings in Starbucks Corporation $SBUX

Commerzbank Aktiengesellschaft FI bought a new position in Starbucks Corporation (NASDAQ:SBUX - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The fund bought 14,096 shares of the coffee company's stock, valued at approximately $1,440,000.

A number of other hedge funds have also added to or reduced their stakes in SBUX. Rachor Investment Advisory Services LLC purchased a new stake in Starbucks during the fourth quarter valued at $25,000. Cornerstone Financial Management LLC purchased a new position in Starbucks in the fourth quarter worth about $25,000. Phillip James Consulting Co. bought a new stake in shares of Starbucks during the 4th quarter valued at about $25,000. Entrust Financial LLC bought a new stake in shares of Starbucks during the 4th quarter valued at about $26,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of Starbucks during the 4th quarter valued at about $27,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Brady Brewer sold 2,229 shares of the firm'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 transaction, the chief executive officer directly owned 75,135 shares of the company's stock, valued at approximately $7,963,558.65. This trade represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,687 shares of company stock worth $681,663 over the last three months. Company insiders own 0.03% of the company's stock.

Starbucks Trading Up 3.0%

Shares of SBUX opened at $107.08 on Friday. The business's 50 day moving average is $104.45 and its 200 day moving average is $100.36. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $110.51. The company has a market capitalization of $122.07 billion, a PE ratio of 61.54, a price-to-earnings-growth ratio of 1.79 and a beta of 0.97.

Starbucks (NASDAQ:SBUX - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, topping 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 business had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same period in the prior year, the company posted $0.50 EPS. The firm's revenue for the quarter was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Equities research analysts predict that Starbucks Corporation will post 2.64 earnings per share for the current 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 given a dividend of $0.62 per share. The ex-dividend date is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. Starbucks's dividend payout ratio is currently 142.53%.

Key Stories Impacting Starbucks

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.

Wall Street Analyst Weigh In

SBUX has been the topic of a number of research reports. BMO Capital Markets reissued an "outperform" rating and issued a $130.00 price objective on shares of Starbucks in a report on Thursday, July 30th. Wells Fargo & Company cut shares of Starbucks from an "overweight" rating to an "underweight" rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. upped their price objective on Starbucks from $95.00 to $100.00 and gave the stock an "overweight" rating in a research note on Friday, April 24th. Stephens started coverage on Starbucks in a research report on Thursday, May 14th. They set an "overweight" rating on the stock. Finally, BTIG Research restated a "buy" rating and issued a $115.00 price target on shares of Starbucks in a research report on Friday, July 31st. Nineteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $110.30.

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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