Transamerica Financial Advisors LLC bought a new stake in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 10,744 shares of the coffee company’s stock, valued at approximately $1,098,000.
A number of other institutional investors have also recently made changes to their positions in the business. Sunbelt Securities Inc. increased its stake in Starbucks by 1.0% during the first quarter. Sunbelt Securities Inc. now owns 9,473 shares of the coffee company’s stock worth $849,000 after acquiring an additional 97 shares during the last quarter. Webster Bank N. A. boosted its holdings in shares of Starbucks by 7.8% in the 2nd quarter. Webster Bank N. A. now owns 1,396 shares of the coffee company’s stock worth $143,000 after purchasing an additional 101 shares during the period. Nilsine Partners LLC boosted its holdings in shares of Starbucks by 1.0% in the 2nd quarter. Nilsine Partners LLC now owns 10,039 shares of the coffee company’s stock worth $1,026,000 after purchasing an additional 101 shares during the period. Beta Wealth Group Inc. increased its position in shares of Starbucks by 1.7% during the 2nd quarter. Beta Wealth Group Inc. now owns 6,216 shares of the coffee company’s stock valued at $635,000 after purchasing an additional 102 shares during the last quarter. Finally, Elgethun Capital Management raised its holdings in Starbucks by 9.4% during the 2nd quarter. Elgethun Capital Management now owns 1,219 shares of the coffee company’s stock valued at $125,000 after buying an additional 105 shares during the period. Institutional investors own 72.29% of the company’s stock.
Starbucks Stock Up 2.6%
Shares of Starbucks stock opened at $108.49 on Thursday. The stock’s fifty day moving average is $104.82 and its two-hundred day moving average is $100.68. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $110.51. 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 Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s dividend payout ratio is currently 142.53%.
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
Insider Buying and Selling at Starbucks
In related news, CEO Brady Brewer sold 2,229 shares of the company’s 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 completion of the sale, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at $7,963,558.65. This represents 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. In the last three months, insiders sold 6,687 shares of company stock valued at $681,663. 0.03% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
A number of brokerages recently issued reports on SBUX. TD Cowen restated a “buy” rating on shares of Starbucks in a research report on Tuesday, August 18th. Robert W. Baird raised shares of Starbucks to a “strong-buy” rating in a research note on Monday. Raymond James Financial lowered shares of Starbucks to an “outperform” rating in a report on Monday, August 3rd. The Goldman Sachs Group cut shares of Starbucks from a “neutral” rating to a “neutral” rating in a research note on Thursday, May 14th. Finally, Sanford C. Bernstein lowered shares of Starbucks from an “outperform” rating to a “market perform” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, Starbucks has an average rating of “Hold” and an average target price of $110.30.
Check Out Our Latest Stock Analysis on Starbucks
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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