10,356 Shares in Starbucks Corporation $SBUX Purchased by Invst LLC

Invst LLC purchased a new stake in shares of Starbucks Corporation (NASDAQ:SBUX) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 10,356 shares of the coffee company’s stock, valued at approximately $1,058,000.

Several other hedge funds have also added to or reduced their stakes in SBUX. Capital World Investors grew its position in shares of Starbucks by 9.0% during the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock valued at $7,135,228,000 after acquiring an additional 7,007,268 shares during the period. BlackRock Inc. bought a new stake in shares of Starbucks in the 2nd quarter worth approximately $8,504,509,000. State Street Corp raised its holdings in shares of Starbucks by 0.7% in the 4th quarter. State Street Corp now owns 47,869,056 shares of the coffee company’s stock worth $4,031,053,000 after purchasing an additional 327,161 shares during the period. Geode Capital Management LLC lifted its stake in Starbucks by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company’s stock valued at $2,212,153,000 after purchasing an additional 225,168 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its stake in Starbucks by 65.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock valued at $1,637,704,000 after purchasing an additional 7,725,547 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Baird upgraded Starbucks to “Strong Buy.” Robert W. Baird raised its view on the stock, following an earlier Outperform rating and a $124 price target—roughly 15% above the recently cited share price. The upgrade supports the broader turnaround narrative under CEO Brian Niccol. Zacks.com
• Positive Sentiment: Fall menu and Pumpkin Spice Latte season are providing a seasonal sales catalyst. Starbucks launched its fall offerings, including the returning Pumpkin Spice Latte, while also promoting limited-time beverages and a Blueberry Matcha Daily Fiber Bar partnership. Early reports indicate refreshed products have supported customer traffic and weekend sales, reinforcing the “Back to Starbucks” strategy. Starbucks fall menu article
• Positive Sentiment: Restructuring is aimed at improving profitability. Starbucks is cutting more than 200 additional corporate jobs as part of a broader, approximately $2 billion turnaround effort. Cost reductions, improving comparable-store sales and expansion of operations in Nashville could strengthen margins if execution remains on track. Starbucks restructuring article
• Neutral Sentiment: Valuation leaves limited room for disappointment. Starbucks recently traded around $108.49, versus a 52-week range of $77.99 to $110.51, with a reported forward fiscal 2026 EPS outlook of $2.55–$2.65. The strong year-to-date performance reflects rising confidence in the turnaround, but also increases sensitivity to execution setbacks.
• Negative Sentiment: Workers United is urging customers to boycott Starbucks. More than 12,000 unionized baristas are seeking a contract and reportedly demanding $17-per-hour wages. The campaign coincides with the Pumpkin Spice Latte launch, creating a risk of reputational damage, weaker traffic or higher labor costs if negotiations remain stalled. Starbucks union boycott article

Starbucks Price Performance

Starbucks stock opened at $108.49 on Thursday. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The business has a fifty day moving average price of $104.82 and a 200-day moving average price of $100.68. The firm has a market capitalization of $123.68 billion, a P/E ratio of 62.35, a PEG ratio of 1.83 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last released 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. The company had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Sell-side analysts expect that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be given a dividend of $0.62 per share. The ex-dividend date is Friday, August 14th. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. Starbucks’s dividend payout ratio is currently 142.53%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on SBUX. Robert W. Baird raised Starbucks to a “strong-buy” rating in a research report on Monday. BTIG Research reiterated a “buy” rating and set a $115.00 price target on shares of Starbucks in a research note on Friday, July 31st. Piper Sandler restated an “overweight” rating and issued a $110.00 price objective on shares of Starbucks in a research note on Wednesday, April 29th. Wells Fargo & Company lowered shares of Starbucks from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. Finally, BNP Paribas Exane lifted their target price on shares of Starbucks from $87.00 to $92.00 and gave the stock an “underperform” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have given 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 target price of $110.30.

Insider Buying and Selling at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the 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 directly 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,687 shares of company stock worth $681,663 in the last quarter. Corporate insiders own 0.03% of the company’s stock.

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.