Deutsche Bank AG Takes $269.47 Million Position in Starbucks Corporation $SBUX

Deutsche Bank AG bought 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 and Exchange Commission (SEC). The firm bought 2,636,922 shares of the coffee company's stock, valued at approximately $269,467,000. Deutsche Bank AG owned about 0.23% of Starbucks at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Rachor Investment Advisory Services LLC purchased a new position in Starbucks during the 4th quarter worth $25,000. Phillip James Consulting Co. acquired a new stake in shares of Starbucks during the fourth quarter worth about $25,000. Cornerstone Financial Management LLC acquired a new stake in shares of Starbucks during the fourth quarter worth about $25,000. Entrust Financial LLC purchased a new position in shares of Starbucks during the fourth quarter worth about $26,000. Finally, Financial Freedom LLC grew its holdings in shares of Starbucks by 296.2% during the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company's stock worth $28,000 after buying an additional 234 shares during the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of Starbucks 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 transaction, 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 6,687 shares of company stock valued at $681,663. Company insiders own 0.03% of the company's stock.

Key Starbucks News

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 Up 3.0%

SBUX stock opened at $107.08 on Friday. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $110.51. The stock's fifty day simple moving average is $104.45 and its 200-day simple moving average is $100.36. The stock has a market capitalization of $122.07 billion, a price-to-earnings 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 announced its quarterly earnings data 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. The business had revenue of $9.32 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the firm posted $0.50 EPS. 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 fiscal 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. This represents a $2.48 dividend on an annualized basis and a dividend 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%.

Wall Street Analysts Forecast Growth

SBUX has been the subject of several analyst reports. Robert W. Baird set a $124.00 price objective on Starbucks in a research note on Thursday, July 30th. Morgan Stanley downgraded Starbucks from an "overweight" rating to an "underweight" rating in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $126.00 target price on shares of Starbucks in a report on Thursday, July 30th. BTIG Research restated a "buy" rating and set a $115.00 price target on shares of Starbucks in a research note on Friday, July 31st. Finally, Raymond James Financial downgraded Starbucks to an "outperform" rating in a report on Monday, August 3rd. Nineteen equities research analysts have rated the stock with 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 a consensus price target of $110.30.

Starbucks Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source