Perennial Investment Advisors LLC Invests $785,000 in Starbucks Corporation $SBUX

Perennial Investment Advisors LLC bought a new position in Starbucks Corporation (NASDAQ:SBUX) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 7,684 shares of the coffee company’s stock, valued at approximately $785,000.

Other institutional investors have also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC acquired a new position in shares of Starbucks in the fourth quarter worth about $25,000. Cornerstone Financial Management LLC acquired a new stake in shares of Starbucks during the fourth quarter valued at approximately $25,000. Phillip James Consulting Co. purchased a new stake in shares of Starbucks in the 4th quarter valued at approximately $25,000. Meeder Asset Management Inc. acquired a new position in Starbucks in the 2nd quarter worth approximately $25,000. Finally, Entrust Financial LLC acquired a new position in Starbucks in the 4th quarter worth approximately $26,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on SBUX shares. Stephens initiated coverage on shares of Starbucks in a research note on Thursday, May 14th. They set an “overweight” rating on the stock. Needham & Company LLC set a $120.00 price target on Starbucks in a report on Tuesday, August 18th. Zacks Research lowered Starbucks from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Wedbush assumed coverage on Starbucks in a research note on Thursday, May 14th. They issued an “outperform” rating for the company. Finally, Wells Fargo & Company lowered Starbucks from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $110.30.

Insiders Place Their Bets

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total value of $236,251.71. Following the completion of the sale, the chief executive officer directly owned 75,135 shares in the company, valued at $7,963,558.65. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 90 days. 0.03% of the stock is currently owned by company insiders.

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 Trading Up 2.6%

NASDAQ SBUX opened at $108.49 on Thursday. Starbucks Corporation has a 1-year low of $77.99 and a 1-year high of $110.51. The firm’s fifty day simple moving average is $104.82 and its 200-day simple moving average is $100.68. The company has a market capitalization of $123.68 billion, a PE ratio of 62.35, a price-to-earnings-growth 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. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The firm had revenue of $9.32 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same quarter last year, the firm earned $0.50 earnings per share. The business’s revenue for the quarter 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, analysts predict that Starbucks Corporation will post 2.64 EPS for the current year.

Starbucks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a dividend of $0.62 per share. 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 (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.