Transamerica Financial Advisors LLC Invests $1.10 Million in Starbucks Corporation $SBUX

Key Points

• Transamerica Financial Advisors acquired a new $1.10 million stake in Starbucks, purchasing 10,744 shares during the second quarter. Institutional investors collectively own 72.29% of the company.
• Analyst sentiment is mixed but leans positive, with a consensus “Hold” rating and an average price target of $110.30; recent targets range from $115 to $130.
• Starbucks exceeded quarterly expectations with earnings of $0.85 per share and revenue of $9.32 billion, while maintaining fiscal 2026 EPS guidance of $2.55–$2.65 and a quarterly dividend of $0.62 per share.

Transamerica Financial Advisors LLC acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 10,744 shares of the coffee company's stock, valued at approximately $1,098,000.

A number of other institutional investors also recently bought and sold shares of the stock. Capital World Investors grew its holdings in Starbucks by 9.0% during the fourth quarter. Capital World Investors now owns 84,727,405 shares of the coffee company's stock valued at $7,135,228,000 after purchasing an additional 7,007,268 shares during the period. BlackRock Inc. purchased a new position in shares of Starbucks during the 2nd quarter valued at about $8,504,509,000. State Street Corp lifted its position in shares of Starbucks by 0.7% during the 4th quarter. State Street Corp now owns 47,869,056 shares of the coffee company's stock valued at $4,031,053,000 after buying an additional 327,161 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Starbucks by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company's stock valued at $2,212,153,000 after acquiring an additional 225,168 shares during the period. Finally, T. Rowe Price Investment Management Inc. grew its stake in shares of Starbucks by 65.9% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company's stock valued at $1,637,704,000 after acquiring an additional 7,725,547 shares during the period. 72.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on SBUX shares. Weiss Ratings restated a "hold (c)" rating on shares of Starbucks in a research note on Monday, July 20th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $115.00 price objective (up from $110.00) on shares of Starbucks in a research note on Thursday, July 30th. BMO Capital Markets restated an "outperform" rating and set a $130.00 target price on shares of Starbucks in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $126.00 target price on shares of Starbucks in a report on Thursday, July 30th. Finally, Stephens initiated coverage on Starbucks in a research note on Thursday, May 14th. They issued an "overweight" rating for the company. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $110.30.

Insider Activity

In related news, CEO Brady Brewer sold 2,229 shares of the business's stock in a transaction dated 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 directly owned 75,135 shares in the company, valued at approximately $7,963,558.65. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,687 shares of company stock valued at $681,663 over the last quarter. Insiders own 0.03% of the company's stock.

More Starbucks News

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

Starbucks Price Performance

Starbucks stock opened at $108.49 on Thursday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51. The firm's 50 day moving average price is $104.82 and its 200-day moving average price is $100.68. The stock has a market cap of $123.68 billion, a P/E ratio of 62.35, a PEG ratio of 1.83 and a beta of 0.97.

Starbucks (NASDAQ:SBUX - Get Free Report) last posted its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.19. The company had revenue of $9.32 billion during the quarter, compared to analysts' expectations of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. Starbucks's quarterly revenue was down 1.4% on a year-over-year basis. During the same period 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, equities analysts expect that Starbucks Corporation will post 2.64 EPS for the current year.

Starbucks Dividend Announcement

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

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