Soltis Investment Advisors LLC Has $1.78 Million Holdings in Starbucks Corporation $SBUX

Posted by Brian Himes on Aug 21st, 2026

Soltis Investment Advisors LLC cut its holdings in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) by 64.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,423 shares of the coffee company’s stock after selling 32,189 shares during the period. Soltis Investment Advisors LLC’s holdings in Starbucks were worth $1,780,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of SBUX. Brighton Jones LLC lifted its holdings in shares of Starbucks by 86.5% during 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 in the last quarter. Schnieders Capital Management LLC. increased its stake in Starbucks by 47.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company’s stock worth $334,000 after purchasing an additional 1,164 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in Starbucks during the 2nd quarter worth approximately $288,000. Gamco Investors INC. ET AL raised its holdings in Starbucks by 92.8% during the 2nd 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 in the last quarter. 72.29% of the stock is currently owned by institutional investors.

Starbucks Stock Down 0.9%

NASDAQ SBUX opened at $103.99 on Friday. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $110.51. The company has a market capitalization of $118.55 billion, a PE ratio of 59.76, a price-to-earnings-growth ratio of 1.81 and a beta of 0.97. The firm’s 50 day moving average is $104.37 and its 200-day moving average is $100.32.

Starbucks (NASDAQ:SBUX – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. The business had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, sell-side analysts expect that Starbucks Corporation will post 2.64 EPS for the current year.

Starbucks Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, August 14th. Starbucks’s dividend payout ratio is currently 142.53%.

Key Starbucks News

Here are the key news stories impacting Starbucks this week:

Positive Sentiment: Starbucks reported strong recent operating momentum: global comparable sales increased 7.9% in fiscal third-quarter 2026, while revenue reached approximately $9.3 billion. The trends could support the company’s fiscal 2026 earnings outlook and reflect progress from investments in its coffeehouses. Can Starbucks’ Solid Comps Growth Support Stronger FY26 Earnings?
Positive Sentiment: A promotional return of the Unicorn Frappuccino helped produce a record sales weekend, suggesting that limited-time products and brand engagement can continue to drive customer traffic. Starbucks Just Landed the Biggest Weekend in the Company’s History
Neutral Sentiment: Investor comparisons with McDonald’s and Chipotle show that restaurant-stock performance in 2026 has favored companies undergoing structural change. Starbucks’ valuation remains elevated, making sustained sales and earnings improvement important for further upside. Which Restaurant Stock Has Dominated in 2026: McDonald’s, Chipotle, or Starbucks?
Negative Sentiment: Starbucks is eliminating more than 200 corporate positions as part of its restructuring and approximately $2 billion cost-reduction effort. The cuts include technology, store design and construction, and coffeehouse development roles; 120 Seattle-based employees reportedly face separation after declining relocation to the new Nashville office. The company said the reductions do not involve cafe closures, but the announcement is raising concerns about disruption and turnaround execution. Starbucks Laying Off More Than 200 Workers in Streamlining Drive

Analyst Ratings Changes

Several research analysts have recently weighed in on SBUX shares. Needham & Company LLC set a $120.00 price target on shares of Starbucks in a report on Tuesday. JPMorgan Chase & Co. boosted their price objective on shares of Starbucks from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Piper Sandler reaffirmed an “overweight” rating and issued a $110.00 target price on shares of Starbucks in a research note on Wednesday, April 29th. Jefferies Financial Group began coverage on Starbucks in a report on Thursday, May 14th. They set a “buy” rating for the company. Finally, BTIG Research reissued a “buy” rating and issued a $115.00 price target on shares of Starbucks in a research note on Friday, July 31st. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, Starbucks presently has an average rating of “Hold” and an average target price of $110.30.

Read Our Latest Research Report on SBUX

Insider Activity at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total value of $236,251.71. Following the completion of the transaction, the chief executive officer owned 75,135 shares in the company, valued at $7,963,558.65. This trade represents a 2.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 6,687 shares of company stock worth $681,663. Corporate insiders own 0.03% of the company’s stock.

Starbucks Company Profile

(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.