Starbucks Corporation $SBUX Shares Purchased by Oregon Public Employees Retirement Fund

Key Points

• Oregon Public Employees Retirement Fund increased its Starbucks stake by 7.4% in the second quarter, bringing its holdings to 140,118 shares valued at approximately $14.3 million. Institutional investors collectively own 72.29% of the company.
• Starbucks reported quarterly EPS of $0.85, exceeding the $0.66 consensus estimate, while revenue reached $9.32 billion but declined 1.4% year over year. The company issued fiscal 2026 EPS guidance of $2.55–$2.65.
• The company declared a quarterly dividend of $0.62 per share, or $2.48 annualized, representing a 2.3% yield. Analysts have a consensus “Hold” rating and an average price target of $109.92, compared with shares trading near $107.92.

Oregon Public Employees Retirement Fund raised its holdings in Starbucks Corporation (NASDAQ:SBUX - Free Report) by 7.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 140,118 shares of the coffee company's stock after purchasing an additional 9,700 shares during the quarter. Oregon Public Employees Retirement Fund's holdings in Starbucks were worth $14,319,000 as of its most recent filing with the Securities and Exchange Commission.

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

Starbucks Trading Up 0.2%

Shares of NASDAQ SBUX opened at $107.92 on Tuesday. The stock has a market cap of $123.03 billion, a price-to-earnings ratio of 62.02, a PEG ratio of 1.86 and a beta of 0.97. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51. The company's 50-day moving average price is $104.04 and its 200 day moving average price is $100.08.

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. As a group, research analysts expect that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Announces Dividend

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 given a dividend of $0.62 per share. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks's payout ratio is currently 142.53%.

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the sale, the chief executive officer owned 75,135 shares in the company, valued at approximately $7,963,558.65. This represents a 2.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 valued at $681,663. 0.03% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently commented on SBUX shares. Melius Research set a $110.00 price objective on shares of Starbucks in a report on Monday, August 3rd. Scotiabank cut shares of Starbucks from a "market perform" rating to an "underperform" rating in a report on Thursday, May 14th. Robert W. Baird set a $124.00 price target on shares of Starbucks in a research report on Thursday, July 30th. Compass Point initiated coverage on Starbucks in a research note on Monday, August 3rd. They set a "buy" rating on the stock. Finally, Stifel Nicolaus set a $117.00 price target on Starbucks and gave the stock a "buy" rating in a report on Wednesday, May 6th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $109.92.

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