Leeward Financial Partners LLC Buys Shares of 9,728 Starbucks Corporation $SBUX

Leeward Financial Partners LLC purchased a new position in shares of Starbucks Corporation (NASDAQ:SBUXFree Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 9,728 shares of the coffee company’s stock, valued at approximately $994,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. B. Metzler seel. Sohn & Co. AG raised its stake in shares of Starbucks by 36.4% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 88,374 shares of the coffee company’s stock valued at $7,442,000 after acquiring an additional 23,589 shares during the period. Jefferies Financial Group Inc. lifted its holdings in shares of Starbucks by 94.5% in the 4th quarter. Jefferies Financial Group Inc. now owns 94,260 shares of the coffee company’s stock worth $7,938,000 after acquiring an additional 45,794 shares during the last quarter. Swiss Life Asset Management Ltd boosted its position in shares of Starbucks by 20.4% during the 4th quarter. Swiss Life Asset Management Ltd now owns 518,405 shares of the coffee company’s stock worth $43,655,000 after purchasing an additional 87,926 shares during the period. Norges Bank purchased a new position in shares of Starbucks during the 4th quarter worth approximately $1,232,650,000. Finally, Brighton Jones LLC increased its holdings in Starbucks by 86.5% in the 4th quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock valued at $16,126,000 after purchasing an additional 81,952 shares during the last quarter. 72.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction on 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 $7,963,558.65. This trade represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,687 shares of company stock valued at $681,663 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on SBUX shares. DA Davidson boosted their target price on Starbucks from $102.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Compass Point began coverage on Starbucks in a research note on Monday, August 3rd. They issued a “buy” rating for the company. BNP Paribas Exane boosted their price objective on Starbucks from $87.00 to $92.00 and gave the company an “underperform” rating in a report on Thursday, July 30th. Zacks Research lowered Starbucks from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Evercore restated an “outperform” rating on shares of Starbucks in a report on Thursday, July 30th. Nineteen analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $110.30.

Get Our Latest Report on Starbucks

Starbucks Stock Up 3.0%

NASDAQ SBUX opened at $107.08 on Friday. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51. The stock has a market capitalization of $122.07 billion, a PE ratio of 61.54, a price-to-earnings-growth ratio of 1.79 and a beta of 0.97. The firm has a 50 day moving average of $104.45 and a two-hundred day moving average of $100.36.

Starbucks (NASDAQ:SBUXGet Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 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 company had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.17 billion. During the same period in the prior year, the firm posted $0.50 EPS. The company’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. On average, equities research analysts expect that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio is 142.53%.

Key Starbucks News

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.

About Starbucks

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding SBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Corporation (NASDAQ:SBUXFree Report).

Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

Receive News & Ratings for Starbucks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starbucks and related companies with MarketBeat.com's FREE daily email newsletter.