First National Bank of Omaha Acquires Shares of 43,129 Starbucks Corporation $SBUX

First National Bank of Omaha acquired a new stake in Starbucks Corporation (NASDAQ:SBUX - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 43,129 shares of the coffee company's stock, valued at approximately $4,438,000.

Several other large investors have also made changes to their positions in SBUX. Navigoe LLC purchased a new position in shares of Starbucks during the 2nd quarter valued at approximately $174,000. OFC Financial Planning LLC purchased a new stake in Starbucks in the 2nd quarter worth $219,000. HS Management Partners LLC purchased a new stake in Starbucks in the 2nd quarter worth $5,805,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in Starbucks during the second quarter worth $167,000. Finally, M. Kulyk & Associates LLC acquired a new position in Starbucks during the second quarter worth $342,000. 72.29% of the stock is owned by institutional investors and hedge funds.

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.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on SBUX shares. Wells Fargo & Company lowered shares of Starbucks from an "overweight" rating to an "underweight" rating in a research report on Monday, August 3rd. Royal Bank Of Canada restated a "sector perform" rating and set a $115.00 price target (up from $110.00) on shares of Starbucks in a research report on Thursday, July 30th. Wedbush began coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an "outperform" rating on the stock. BTIG Research reiterated a "buy" rating and issued a $115.00 price objective on shares of Starbucks in a report on Friday, July 31st. Finally, Evercore reissued an "outperform" rating on shares of Starbucks in a report on Thursday, July 30th. Nineteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Starbucks currently has an average rating of "Hold" and an average target price of $110.30.

Starbucks Stock Up 3.0%

Shares of NASDAQ SBUX opened at $107.08 on Friday. The firm has a 50-day simple moving average of $104.45 and a 200-day simple moving average of $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 1.85 and a beta of 0.97. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51.

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 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 firm had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same period in the previous year, the business posted $0.50 earnings per share. Starbucks's quarterly 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, equities research analysts expect that Starbucks Corporation will post 2.64 EPS for the current year.

Starbucks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders 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 yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks's dividend payout ratio (DPR) is 142.53%.

Insider Buying and Selling at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the transaction, the chief executive officer directly owned 75,135 shares in the company, valued at $7,963,558.65. The trade was a 2.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 6,687 shares of company stock worth $681,663. Insiders own 0.03% of the company's stock.

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.

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