Ceredex Value Advisors LLC acquired a new position in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 197,215 shares of the coffee company’s stock, valued at approximately $20,153,000.
A number of other institutional investors also recently bought and sold shares of SBUX. Brighton Jones LLC increased its position in shares of Starbucks by 86.5% in the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock valued at $16,126,000 after buying an additional 81,952 shares in the last quarter. Schnieders Capital Management LLC. boosted its position in shares of Starbucks by 47.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 3,642 shares of the coffee company’s stock worth $334,000 after buying an additional 1,164 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Starbucks in the 2nd quarter worth about $288,000. Gamco Investors INC. ET AL grew its stake in Starbucks by 92.8% in the 2nd quarter. Gamco Investors INC. ET AL now owns 5,225 shares of the coffee company’s stock valued at $479,000 after acquiring an additional 2,515 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Starbucks by 7.6% during the 2nd quarter. NewEdge Advisors LLC now owns 112,710 shares of the coffee company’s stock valued at $10,328,000 after acquiring an additional 7,978 shares in the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.
Starbucks Price Performance
NASDAQ:SBUX opened at $107.49 on Tuesday. The firm has a 50 day simple moving average of $104.57 and a 200-day simple moving average of $100.53. The firm has a market cap 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 Corporation has a 1-year low of $77.99 and a 1-year high of $110.51.
Starbucks Announces Dividend
The firm 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 dividend of $0.62 per share. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio is currently 142.53%.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the company. The Goldman Sachs Group downgraded Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. Stephens started coverage on Starbucks in a report on Thursday, May 14th. They set an “overweight” rating on the stock. Raymond James Financial downgraded Starbucks to an “outperform” rating in a research report on Monday, August 3rd. Guggenheim began coverage on Starbucks in a report on Monday, August 3rd. They issued a “buy” rating for the company. Finally, DA Davidson upped their price objective on Starbucks from $102.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Nineteen equities research 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. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $110.30.
Check Out Our Latest Stock Report on SBUX
Starbucks News Roundup
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
Insider Activity
In other 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 transaction of $236,251.71. Following the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,687 shares of company stock worth $681,663 in the last 90 days. 0.03% of the stock is owned by company insiders.
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.
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