Vise Technologies Inc. bought a new stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 39,964 shares of the coffee company’s stock, valued at approximately $4,084,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Meeder Asset Management Inc. acquired a new stake in Starbucks in the second quarter valued at about $25,000. Black Cypress Capital Management LLC bought a new position in Starbucks in the second quarter valued at about $27,000. Rachor Investment Advisory Services LLC acquired a new position in Starbucks during the fourth quarter worth about $25,000. Phillip James Consulting Co. acquired a new position in Starbucks during the fourth quarter worth about $25,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of Starbucks in the fourth quarter worth about $25,000. Institutional investors own 72.29% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the stock. Stephens began coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued an “overweight” rating on the stock. Needham & Company LLC set a $120.00 price objective on shares of Starbucks in a research note on Tuesday, August 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Starbucks in a research note on Monday, July 20th. BMO Capital Markets restated an “outperform” rating and issued a $130.00 target price on shares of Starbucks in a research report on Thursday, July 30th. Finally, Guggenheim began coverage on shares of Starbucks in a research note on Monday, August 3rd. They set a “buy” rating on the stock. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $110.30.
Insider Activity
In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the transaction, the chief executive officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 worth $681,663 over the last ninety days. 0.03% of the stock is currently owned by company insiders.
Key Stories Impacting Starbucks
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.
Starbucks Stock Performance
NASDAQ:SBUX opened at $107.08 on Monday. The stock’s 50-day moving average is $104.45 and its 200-day moving average is $100.43. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $110.51. The stock has a market cap of $122.07 billion, a P/E ratio of 61.54, a price-to-earnings-growth ratio of 1.85 and a beta of 0.97.
Starbucks (NASDAQ:SBUX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating 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 business had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same quarter last year, the business earned $0.50 EPS. The firm’s quarterly revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities analysts forecast that Starbucks Corporation will post 2.64 EPS for the current year.
Starbucks Announces Dividend
The firm 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 of this dividend 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%.
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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