Keebeck Wealth Management Acquires New Holdings in Starbucks Corporation $SBUX

Keebeck Wealth Management bought a new stake in Starbucks Corporation (NASDAQ:SBUX - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 32,414 shares of the coffee company's stock, valued at approximately $3,312,000.

A number of other institutional investors have also made changes to their positions in SBUX. Rachor Investment Advisory Services LLC acquired a new position in Starbucks during the fourth quarter worth $25,000. Cornerstone Financial Management LLC purchased a new position in shares of Starbucks in the 4th quarter valued at about $25,000. Phillip James Consulting Co. acquired a new position in Starbucks during the 4th quarter worth approximately $25,000. Meeder Asset Management Inc. acquired a new position in shares of Starbucks during the second quarter worth $25,000. Finally, Entrust Financial LLC purchased a new position in shares of Starbucks in the 4th quarter valued at about $26,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on SBUX. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Starbucks in a research report on Monday, July 20th. Guggenheim initiated coverage on Starbucks in a report on Monday, August 3rd. They issued a "buy" rating for the company. Scotiabank cut Starbucks from a "market perform" rating to an "underperform" rating in a research report on Thursday, May 14th. Wedbush started coverage on Starbucks in a research report on Thursday, May 14th. They set an "outperform" rating on the stock. Finally, Stifel Nicolaus set a $117.00 price objective on Starbucks and gave the company a "buy" rating in a report on Wednesday, May 6th. Nineteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $110.30.

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of the company'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 sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 6,687 shares of company stock worth $681,663. 0.03% of the stock is owned by insiders.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks’ coffee strategy is drawing renewed investor attention as management focuses on improving the customer experience, store performance and operational execution. Starbucks Coffee Strategy Draws Fresh Attention
• Positive Sentiment: The fall menu includes the return of a 23-year-old customer favorite along with nine new seasonal food and beverage items, providing a potential near-term traffic and sales catalyst. Starbucks Fall Menu 2026
• Positive Sentiment: The limited-time Unicorn Frappuccino reportedly produced Starbucks’ biggest sales weekend ever and lifted traffic 28.5% versus a typical Saturday, supporting the case that innovative promotions can attract customers. Starbucks Unicorn Frappuccino Sales
• Positive Sentiment: Analyst commentary highlights SBUX’s roughly 27% year-to-date advance, stronger traffic, recovering margins and raised guidance. Recent earnings also exceeded expectations, with quarterly EPS of $0.85 versus a $0.66 consensus and revenue of $9.32 billion. Starbucks Stock Gains 27 Percent Year to Date
• Neutral Sentiment: Starbucks has received a consensus analyst rating of “Hold,” suggesting that improving fundamentals are currently balanced against the stock’s already strong rally and execution risks. Starbucks Consensus Hold Rating
• Negative Sentiment: At a premium valuation, SBUX could experience greater volatility if consumer spending weakens or investors reduce expectations for the turnaround. Higher input costs and broader consumer uncertainty remain key risks. High-Flying Stocks With Warning Signs
• Negative Sentiment: Starbucks plans to eliminate more than 200 positions at its Seattle headquarters and shift some roles to Nashville. The restructuring may improve efficiency, but the layoffs could signal ongoing cost and organizational pressure. Starbucks Seattle Headquarters Layoffs

Starbucks Stock Performance

Shares of Starbucks stock opened at $107.49 on Tuesday. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The company has a market cap of $122.54 billion, a P/E ratio of 61.78, a PEG ratio of 1.85 and a beta of 0.97. The firm has a fifty day moving average of $104.57 and a two-hundred day moving average of $100.53.

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 (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $9.17 billion. During the same period in the prior year, the company posted $0.50 earnings per share. The firm's revenue for the quarter 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 analysts predict that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a yield of 2.3%. Starbucks's payout ratio is currently 142.53%.

About Starbucks

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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