Flossbach Von Storch SE Takes $17.17 Million Position in Starbucks Corporation $SBUX

Flossbach Von Storch SE purchased a new stake in Starbucks Corporation (NASDAQ:SBUX - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 168,059 shares of the coffee company's stock, valued at approximately $17,174,000.

Other hedge funds have also recently modified their holdings of the company. Empirical Asset Management LLC bought a new stake in Starbucks during the 2nd quarter valued at $659,000. Great Lakes Advisors LLC bought a new position in shares of Starbucks in the 2nd quarter worth $3,650,000. Compass Wealth Management LLC bought a new position in shares of Starbucks in the 2nd quarter worth $8,800,000. Pacific Sun Financial Corp purchased a new stake in shares of Starbucks during the 2nd quarter worth $432,000. Finally, Stevens Capital Partners purchased a new stake in shares of Starbucks during the 2nd quarter worth $319,000. Hedge funds and other institutional investors own 72.29% of the company's stock.

Starbucks Price Performance

Starbucks stock opened at $107.08 on Monday. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $110.51. The business has a fifty day moving average price of $104.45 and a 200-day moving average price of $100.43. The stock has a market capitalization of $122.07 billion, a price-to-earnings ratio of 61.54, a PEG ratio of 1.85 and a beta of 0.97.

Starbucks (NASDAQ:SBUX - Get Free Report) last announced its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating 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 company had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same period in the prior year, the company posted $0.50 EPS. The firm's quarterly revenue was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, equities research analysts anticipate that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid 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 payout ratio is presently 142.53%.

Insider Activity

In other news, CEO Brady Brewer sold 2,229 shares of the company's stock in a transaction dated 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 $7,963,558.65. This represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,687 shares of company stock worth $681,663 in the last 90 days. Corporate insiders own 0.03% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Melius Research set a $110.00 target price on Starbucks in a research note on Monday, August 3rd. Stephens started coverage on shares of Starbucks in a report on Thursday, May 14th. They issued an "overweight" rating for the company. Guggenheim initiated coverage on shares of Starbucks in a research report on Monday, August 3rd. They set a "buy" rating for the company. DA Davidson raised their price target on shares of Starbucks from $102.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, July 30th. Finally, Piper Sandler reaffirmed an "overweight" rating and issued a $110.00 price objective on shares of Starbucks in a research report on Wednesday, April 29th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $110.30.

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 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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