Swiss National Bank Boosts Position in Starbucks Corporation $SBUX

Swiss National Bank raised its stake in Starbucks Corporation (NASDAQ:SBUX) by 7.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,337,100 shares of the coffee company’s stock after purchasing an additional 222,100 shares during the period. Swiss National Bank’s holdings in Starbucks were worth $298,971,000 as of its most recent SEC filing.

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

Insider Transactions at Starbucks

In related news, EVP Sara Kelly sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $105.00, for a total value of $210,000.00. Following the sale, the executive vice president owned 57,653 shares in the company, valued at $6,053,565. This represents a 3.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $104.00, for a total value of $231,816.00. Following the completion of the transaction, the chief executive officer directly owned 77,364 shares of the company’s stock, valued at $8,045,856. The trade was a 2.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 8,687 shares of company stock worth $889,033. 0.03% of the stock is owned by insiders.

Analyst Ratings Changes

SBUX has been the topic of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of Starbucks in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Starbucks in a research report on Wednesday, April 29th. TD Cowen upgraded shares of Starbucks from a “hold” rating to a “buy” rating and increased their price target for the stock from $106.00 to $120.00 in a research note on Thursday, May 14th. Evercore raised their price objective on shares of Starbucks from $110.00 to $115.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Finally, Citigroup restated a “neutral” rating and issued a $108.00 price objective (up from $101.00) on shares of Starbucks in a research note on Tuesday. Nineteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.42.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: RBC said Starbucks’ fiscal Q3 North America same-store sales are likely to come in line with consensus, which could reassure investors that the U.S. business is stabilizing. Starbucks Fiscal Q3 North America Same-Store Sales Poised to be In-Line With Consensus, RBC Says
• Positive Sentiment: Analyst commentary remains generally constructive, with several recent firms reiterating buy or overweight ratings and price targets clustering around levels near or above the current share price. Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Starbucks (SBUX), Airbnb (ABNB) and Silgan Holdings (SLGN)
• Positive Sentiment: Starbucks’ reaffirmed dividend and efforts to cut software costs by building more of its own tools with AI may support margins over time. What Starbucks (SBUX)’s Dividend Affirmation and Software Cost Cuts Mean For Shareholders
• Positive Sentiment: Starbucks recently said it will release fiscal Q3 2026 results on July 29, keeping attention focused on a potential catalyst for the shares. Starbucks Announces Q3 Fiscal Year 2026 Results Conference Call
• Neutral Sentiment: Starbucks’ earnings preview suggests investors are waiting for confirmation that traffic, loyalty trends, and the “Back to Starbucks” turnaround plan are still improving. Earnings Preview: What To Expect From Starbucks’ Report
• Neutral Sentiment: Reuters reported that Starbucks defeated a shareholder lawsuit tied to sales declines in the U.S. and China, removing one legal overhang but not changing the core growth debate. Starbucks defeats shareholder lawsuit over US, China sales declines
• Negative Sentiment: Some coverage highlights that opinions on Starbucks remain mixed, reflecting uncertainty about the pace of the turnaround and whether sales momentum can fully reaccelerate. Starbucks vs. McDonald’s: Which Restaurant Stock Has the Edge Now?

Starbucks Stock Performance

Starbucks stock opened at $105.49 on Friday. Starbucks Corporation has a one year low of $77.99 and a one year high of $109.23. The business has a fifty day moving average of $102.56 and a two-hundred day moving average of $97.83. The company has a market cap of $120.23 billion, a P/E ratio of 79.92, a price-to-earnings-growth ratio of 2.10 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last issued its earnings results on Tuesday, April 28th. The coffee company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.44 by $0.06. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The company had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same period in the previous year, the firm earned $0.41 EPS. The business’s revenue was up 8.8% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.250-2.450 EPS. Sell-side analysts predict that Starbucks Corporation will post 2.4 EPS for the current year.

Starbucks Dividend Announcement

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 issued a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a yield of 2.4%. Starbucks’s payout ratio is currently 187.88%.

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.