Varma Mutual Pension Insurance Co purchased a new stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 189,942 shares of the coffee company’s stock, valued at approximately $19,410,000.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Meeder Asset Management Inc. purchased a new position in Starbucks in the 2nd quarter valued at approximately $25,000. Black Cypress Capital Management LLC purchased a new stake in shares of Starbucks during the second quarter worth $27,000. Rachor Investment Advisory Services LLC purchased a new stake in shares of Starbucks during the fourth quarter worth $25,000. Phillip James Consulting Co. bought a new position in shares of Starbucks in the fourth quarter worth $25,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of Starbucks in the fourth quarter worth $25,000. 72.29% of the stock is owned by institutional investors.
Starbucks Price Performance
SBUX opened at $107.49 on Tuesday. The firm has a market capitalization of $122.54 billion, a P/E ratio of 61.78, a price-to-earnings-growth ratio of 1.85 and a beta of 0.97. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The company has a fifty day moving average price of $104.57 and a 200-day moving average price of $100.53.
Starbucks Announces Dividend
The firm 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. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s dividend payout ratio (DPR) is 142.53%.
Insider Activity at Starbucks
In other news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer owned 75,135 shares of the company’s stock, valued at approximately $7,963,558.65. The trade was a 2.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 over the last ninety days. 0.03% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several brokerages have recently weighed in on SBUX. Piper Sandler reiterated an “overweight” rating and issued a $110.00 price target on shares of Starbucks in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $126.00 price objective on shares of Starbucks in a report on Thursday, July 30th. Scotiabank lowered Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. Wedbush began coverage on Starbucks in a report on Thursday, May 14th. They set an “outperform” rating for the company. Finally, Jefferies Financial Group started coverage on Starbucks in a research report on Thursday, May 14th. They set a “buy” rating on the stock. Nineteen 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. According to MarketBeat, Starbucks presently has a consensus rating of “Hold” and an average price target of $110.30.
Get Our Latest Stock Analysis 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
About Starbucks
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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