Meeder Advisory Services Inc. Acquires Shares of 28,106 Starbucks Corporation $SBUX

Meeder Advisory Services Inc. acquired a new position in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 28,106 shares of the coffee company's stock, valued at approximately $2,872,000.

Other hedge funds also recently made changes to their positions in the company. Meeder Asset Management Inc. purchased a new stake in shares of Starbucks in the second quarter valued at about $25,000. Tiemann Investment Advisors LLC purchased a new position in Starbucks during the second quarter worth about $330,000. Citizens Financial Group Inc. RI purchased a new position in Starbucks during the second quarter worth about $3,479,000. Texas Capital Bank Wealth Management Services Inc acquired a new stake in Starbucks in the second quarter valued at about $794,000. Finally, Pavion Blue Capital LLC purchased a new stake in Starbucks in the 2nd quarter valued at approximately $1,787,000. Institutional investors and hedge funds own 72.29% of the company's stock.

Insider Buying and Selling

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 completion of the transaction, the chief executive officer owned 75,135 shares of the company's stock, 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 through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 6,687 shares of company stock valued at $681,663. 0.03% of the stock is owned by insiders.

Analyst Ratings Changes

SBUX has been the topic of several recent analyst reports. Melius Research set a $110.00 target price on Starbucks in a research report on Monday, August 3rd. Sanford C. Bernstein cut Starbucks from an "outperform" rating to a "market perform" rating in a report on Monday, August 3rd. Wells Fargo & Company downgraded Starbucks from an "overweight" rating to an "underweight" rating in a research note on Monday, August 3rd. Piper Sandler reaffirmed an "overweight" rating and set a $110.00 price objective on shares of Starbucks in a report on Wednesday, April 29th. Finally, Zacks Research cut Starbucks from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 29th. Nineteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $110.30.

Starbucks Trading Up 3.0%

Shares of SBUX opened at $107.08 on Friday. The firm's 50-day moving average is $104.45 and its two-hundred day moving average is $100.36. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $110.51. The firm has a market capitalization of $122.07 billion, a P/E 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, 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 company had revenue of $9.32 billion during the quarter, compared to analysts' expectations of $9.17 billion. During the same quarter in the previous year, the business posted $0.50 earnings per share. 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. Analysts predict that Starbucks Corporation will post 2.64 EPS for the current year.

Starbucks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.62 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.48 annualized dividend and a yield of 2.3%. Starbucks's payout ratio is 142.53%.

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.

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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