MASTERINVEST Kapitalanlage GmbH Takes $2.67 Million Position in Starbucks Corporation $SBUX

MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 26,139 shares of the coffee company's stock, valued at approximately $2,671,000.

Several other institutional investors have also bought and sold shares of SBUX. Meeder Asset Management Inc. bought a new position in Starbucks during the 2nd quarter valued at $25,000. Black Cypress Capital Management LLC bought a new stake in shares of Starbucks in the 2nd quarter worth $27,000. Phillip James Consulting Co. bought a new stake in shares of Starbucks in the 4th quarter worth $25,000. Cornerstone Financial Management LLC purchased a new stake in shares of Starbucks in the fourth quarter valued at about $25,000. Finally, Entrust Financial LLC purchased a new stake in shares of Starbucks in the fourth quarter valued at about $26,000. Institutional investors own 72.29% of the company's stock.

Starbucks Stock Performance

Shares of NASDAQ:SBUX opened at $107.26 on Friday. The company has a market capitalization of $122.28 billion, a P/E ratio of 61.64, a price-to-earnings-growth ratio of 1.87 and a beta of 0.97. The company's 50-day moving average is $104.95 and its 200 day moving average is $100.73. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $110.51.

Starbucks (NASDAQ:SBUX - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.19. The business had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The firm's quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, research analysts predict that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Announces Dividend

The business 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 annualized dividend and a dividend yield of 2.3%. Starbucks's dividend payout ratio (DPR) is presently 142.53%.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analyst upgrade: Robert W. Baird upgraded Starbucks to “strong buy,” signaling confidence in the company’s turnaround prospects and potentially supporting investor sentiment. Zacks report
• Positive Sentiment: Fall menu and marketing: Starbucks launched its seasonal menu, including the Pumpkin Spice Latte, supported by advertising featuring Martha Stewart. The promotion could drive customer traffic and strengthen seasonal sales. Starbucks launches fall menu Pumpkin Spice Latte advertising
• Positive Sentiment: Property transactions: A corporate Starbucks drive-thru in Jacksonville, Florida, was included in a $6.9 million pair of net-lease deals. While not a material financial event for Starbucks, the transaction highlights ongoing investor demand for Starbucks-occupied properties. Starbucks net-lease transaction
• Neutral Sentiment: Valuation and operating backdrop: Starbucks recently exceeded quarterly earnings and revenue expectations, but revenue declined year over year. With a relatively high earnings multiple, investors may require sustained improvement from the company’s turnaround plan.
• Negative Sentiment: Union-led boycott: Starbucks Workers United called for a boycott tied to stalled contract negotiations, seeking $17 hourly wages and a contract covering more than 12,000 baristas. The action presents near-term traffic, sales and reputational risks. Starbucks union boycott
• Negative Sentiment: Consumer caution: Reports questioning whether consumers are rethinking coffee purchases raise concerns about traffic and demand, particularly if customers trade down or reduce premium beverage spending. Consumer caution report
• Negative Sentiment: Turnaround costs: Additional job cuts as Starbucks expands its roughly $2 billion overhaul may pressure near-term morale and execution, even though management expects restructuring to improve efficiency over time. Starbucks job cuts and turnaround

Insider Activity at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction that occurred on Wednesday, August 5th. The shares were 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 of the company's stock, valued at approximately $7,963,558.65. The trade was a 2.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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 valued at $681,663. Insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on SBUX shares. Raymond James Financial cut shares of Starbucks to an "outperform" rating in a report on Monday, August 3rd. Melius Research set a $110.00 price objective on shares of Starbucks in a research note on Monday, August 3rd. Wells Fargo & Company cut shares of Starbucks from an "overweight" rating to an "underweight" rating in a research report on Monday, August 3rd. UBS Group boosted their target price on Starbucks from $105.00 to $112.00 and gave the stock a "neutral" rating in a research note on Thursday, July 30th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and issued a $130.00 target price on shares of Starbucks in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have issued a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price 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.

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