Invst LLC Buys New Holdings in Starbucks Corporation $SBUX

Invst LLC purchased a new position in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 10,356 shares of the coffee company's stock, valued at approximately $1,058,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SBUX. Brighton Jones LLC increased its stake in Starbucks by 86.5% during the 4th quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company's stock valued at $16,126,000 after purchasing an additional 81,952 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in Starbucks by 47.0% during the second quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company's stock worth $334,000 after buying an additional 1,164 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of Starbucks in the second quarter valued at $288,000. Gamco Investors INC. ET AL lifted its stake in shares of Starbucks by 92.8% in the second quarter. Gamco Investors INC. ET AL now owns 5,225 shares of the coffee company's stock valued at $479,000 after buying an additional 2,515 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Starbucks by 7.6% during the second quarter. NewEdge Advisors LLC now owns 112,710 shares of the coffee company's stock valued at $10,328,000 after buying an additional 7,978 shares during the last quarter. Institutional investors own 72.29% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on SBUX. Royal Bank Of Canada restated a "sector perform" rating and issued a $115.00 target price (up from $110.00) on shares of Starbucks in a report on Thursday, July 30th. Morgan Stanley downgraded Starbucks from an "overweight" rating to an "underweight" rating in a research note on Monday, August 3rd. Wells Fargo & Company lowered Starbucks from an "overweight" rating to an "underweight" rating in a report on Monday, August 3rd. Stifel Nicolaus set a $117.00 price objective on Starbucks and gave the stock a "buy" rating in a research note on Wednesday, May 6th. Finally, Needham & Company LLC set a $120.00 target price on Starbucks in a report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $110.30.

Starbucks Price Performance

NASDAQ SBUX opened at $108.49 on Thursday. The company has a fifty day moving average price of $104.82 and a 200-day moving average price of $100.68. The firm has a market cap of $123.68 billion, a price-to-earnings ratio of 62.35, a PEG ratio of 1.83 and a beta of 0.97. Starbucks Corporation has a 1 year low of $77.99 and a 1 year 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 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 company had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same period last year, the firm earned $0.50 earnings per share. The firm'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. On average, research analysts anticipate that Starbucks Corporation will post 2.64 EPS for the current fiscal year.

Starbucks Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be given a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. Starbucks's dividend payout ratio (DPR) is currently 142.53%.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Baird upgraded Starbucks to “Strong Buy.” Robert W. Baird raised its view on the stock, following an earlier Outperform rating and a $124 price target—roughly 15% above the recently cited share price. The upgrade supports the broader turnaround narrative under CEO Brian Niccol. Zacks.com
• Positive Sentiment: Fall menu and Pumpkin Spice Latte season are providing a seasonal sales catalyst. Starbucks launched its fall offerings, including the returning Pumpkin Spice Latte, while also promoting limited-time beverages and a Blueberry Matcha Daily Fiber Bar partnership. Early reports indicate refreshed products have supported customer traffic and weekend sales, reinforcing the “Back to Starbucks” strategy. Starbucks fall menu article
• Positive Sentiment: Restructuring is aimed at improving profitability. Starbucks is cutting more than 200 additional corporate jobs as part of a broader, approximately $2 billion turnaround effort. Cost reductions, improving comparable-store sales and expansion of operations in Nashville could strengthen margins if execution remains on track. Starbucks restructuring article
• Neutral Sentiment: Valuation leaves limited room for disappointment. Starbucks recently traded around $108.49, versus a 52-week range of $77.99 to $110.51, with a reported forward fiscal 2026 EPS outlook of $2.55–$2.65. The strong year-to-date performance reflects rising confidence in the turnaround, but also increases sensitivity to execution setbacks.
• Negative Sentiment: Workers United is urging customers to boycott Starbucks. More than 12,000 unionized baristas are seeking a contract and reportedly demanding $17-per-hour wages. The campaign coincides with the Pumpkin Spice Latte launch, creating a risk of reputational damage, weaker traffic or higher labor costs if negotiations remain stalled. Starbucks union boycott article

Insider Activity 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 value of $236,251.71. Following the transaction, the chief executive officer 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 worth $681,663. 0.03% of the stock is owned by company insiders.

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.

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