LaSalle St. Investment Advisors LLC acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,113 shares of the coffee company’s stock, valued at approximately $829,000.
A number of other large investors have also bought and sold shares of SBUX. Rachor Investment Advisory Services LLC bought a new position in shares of Starbucks during the 4th quarter worth $25,000. Cornerstone Financial Management LLC bought a new stake in Starbucks in the 4th quarter valued at about $25,000. Phillip James Consulting Co. purchased a new stake in Starbucks during the fourth quarter valued at about $25,000. Meeder Asset Management Inc. purchased a new stake in Starbucks during the second quarter valued at about $25,000. Finally, Entrust Financial LLC bought a new position in Starbucks during the fourth quarter worth about $26,000. 72.29% of the stock is owned by hedge funds and other institutional investors.
Starbucks Stock Up 0.4%
Starbucks stock opened at $107.49 on Tuesday. The firm has a fifty day simple moving average of $104.57 and a two-hundred day simple moving average of $100.53. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $110.51. The company has a market capitalization of $122.54 billion, a PE ratio of 61.78, a P/E/G ratio of 1.85 and a beta of 0.97.
Starbucks Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s payout ratio is 142.53%.
Trending Headlines about Starbucks
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Starbucks’ coffee strategy is drawing renewed investor attention as management focuses on improving the customer experience, store performance and operational execution. Starbucks Coffee Strategy Draws Fresh Attention
- Positive Sentiment: The fall menu includes the return of a 23-year-old customer favorite along with nine new seasonal food and beverage items, providing a potential near-term traffic and sales catalyst. Starbucks Fall Menu 2026
- Positive Sentiment: The limited-time Unicorn Frappuccino reportedly produced Starbucks’ biggest sales weekend ever and lifted traffic 28.5% versus a typical Saturday, supporting the case that innovative promotions can attract customers. Starbucks Unicorn Frappuccino Sales
- Positive Sentiment: Analyst commentary highlights SBUX’s roughly 27% year-to-date advance, stronger traffic, recovering margins and raised guidance. Recent earnings also exceeded expectations, with quarterly EPS of $0.85 versus a $0.66 consensus and revenue of $9.32 billion. Starbucks Stock Gains 27 Percent Year to Date
- Neutral Sentiment: Starbucks has received a consensus analyst rating of “Hold,” suggesting that improving fundamentals are currently balanced against the stock’s already strong rally and execution risks. Starbucks Consensus Hold Rating
- Negative Sentiment: At a premium valuation, SBUX could experience greater volatility if consumer spending weakens or investors reduce expectations for the turnaround. Higher input costs and broader consumer uncertainty remain key risks. High-Flying Stocks With Warning Signs
- Negative Sentiment: Starbucks plans to eliminate more than 200 positions at its Seattle headquarters and shift some roles to Nashville. The restructuring may improve efficiency, but the layoffs could signal ongoing cost and organizational pressure. Starbucks Seattle Headquarters Layoffs
Analysts Set New Price Targets
SBUX has been the topic of a number of recent research reports. BNP Paribas Exane upped their price target on shares of Starbucks from $87.00 to $92.00 and gave the company an “underperform” rating in a research note on Thursday, July 30th. Needham & Company LLC set a $120.00 price target on Starbucks in a research report on Tuesday, August 18th. Compass Point started coverage on Starbucks in a research report on Monday, August 3rd. They set a “buy” rating on the stock. Jefferies Financial Group began coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued a “buy” rating on the stock. Finally, UBS Group upped their price target on shares of Starbucks from $105.00 to $112.00 and gave the stock a “neutral” rating 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $110.30.
Read Our Latest Stock Analysis on Starbucks
Insiders Place Their Bets
In other news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the sale, the chief executive officer owned 75,135 shares of the company’s stock, valued at approximately $7,963,558.65. This represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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 in the last ninety days. Insiders own 0.03% of the company’s stock.
Starbucks Company 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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