UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Holdings in Starbucks Corporation $SBUX

Key Points

• UBS Asset Management increased its Starbucks stake by 26.2% in the second quarter, acquiring 1.77 million additional shares and bringing its holdings to 8.51 million shares worth approximately $869.3 million. Institutional investors collectively own 72.29% of Starbucks.
• Starbucks reported quarterly EPS of $0.85, beating estimates of $0.66, while revenue reached $9.32 billion but declined 1.4% year over year. The company maintained fiscal 2026 EPS guidance of $2.55–$2.65.
• Analyst sentiment is mixed, with Starbucks receiving an average “Hold” rating and a $110.30 price target; the stock recently traded at $107.85. Starbucks also paid a quarterly dividend of $0.62 per share, although its annualized payout ratio is elevated at 142.53%.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) by 26.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,506,482 shares of the coffee company's stock after acquiring an additional 1,767,530 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.75% of Starbucks worth $869,277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Starbucks Trading Up 0.6%

SBUX opened at $107.85 on Friday. The stock has a fifty day simple moving average of $105.10 and a two-hundred day simple moving average of $100.78. The company has a market cap of $122.95 billion, a price-to-earnings ratio of 61.98, a price-to-earnings-growth ratio of 1.86 and a beta of 0.97. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $110.51.

Starbucks (NASDAQ:SBUX - Get Free Report) last announced its earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.19. The firm had revenue of $9.32 billion for 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%. The company's quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, analysts predict that Starbucks Corporation will post 2.64 EPS for the current year.

Starbucks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were paid a dividend of $0.62 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.48 annualized dividend and a yield of 2.3%. Starbucks's payout ratio is presently 142.53%.

Analysts Set New Price Targets

A number of research firms have issued reports on SBUX. Morgan Stanley cut shares of Starbucks from an "overweight" rating to an "underweight" rating in a research report on Monday, August 3rd. Wells Fargo & Company cut Starbucks from an "overweight" rating to an "underweight" rating in a research note on Monday, August 3rd. Citigroup boosted their price target on Starbucks from $108.00 to $112.00 and gave the company a "neutral" rating in a report on Thursday, July 30th. Raymond James Financial lowered Starbucks to an "outperform" rating in a research report on Monday, August 3rd. Finally, BTIG Research reiterated a "buy" rating and issued a $115.00 price objective on shares of Starbucks in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat, Starbucks currently has an average rating of "Hold" and an average price target of $110.30.

Insiders Place Their Bets

In other Starbucks 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 value 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 ownership of the stock. The sale was disclosed in a document filed 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. Insiders have sold a total of 6,687 shares of company stock valued at $681,663 in the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

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.

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