West Family Investments Inc. Makes New $483,000 Investment in Starbucks Corporation $SBUX

West Family Investments Inc. purchased a new position in shares of Starbucks Corporation (NASDAQ:SBUXFree Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,727 shares of the coffee company’s stock, valued at approximately $483,000.

Several other hedge funds also recently made changes to their positions in SBUX. Sunbelt Securities Inc. raised its holdings in shares of Starbucks by 1.0% in the first quarter. Sunbelt Securities Inc. now owns 9,473 shares of the coffee company’s stock valued at $849,000 after purchasing an additional 97 shares during the last quarter. Webster Bank N. A. boosted its holdings in Starbucks by 7.8% during the second 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 last quarter. Nilsine Partners LLC grew its position in Starbucks by 1.0% in the second quarter. Nilsine Partners LLC now owns 10,039 shares of the coffee company’s stock valued at $1,026,000 after purchasing an additional 101 shares in the last quarter. Beta Wealth Group Inc. grew its position in Starbucks by 1.7% in the second 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 in the last quarter. Finally, Elgethun Capital Management grew its position in Starbucks by 9.4% in the second quarter. Elgethun Capital Management now owns 1,219 shares of the coffee company’s stock valued at $125,000 after purchasing an additional 105 shares in the last quarter. 72.29% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the transaction, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at approximately $7,963,558.65. This trade 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. Insiders have sold 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.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

  • Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver
  • Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations.
  • Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs
  • Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China
  • Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment.

Analysts Set New Price Targets

Several equities research analysts have commented on SBUX shares. Piper Sandler reissued an “overweight” rating and set a $110.00 price target on shares of Starbucks in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $126.00 price objective on shares of Starbucks in a report on Thursday, July 30th. Sanford C. Bernstein downgraded Starbucks from an “outperform” rating to a “market perform” rating in a research report on Monday, August 3rd. Wedbush started coverage on Starbucks in a report on Thursday, May 14th. They set an “outperform” rating on the stock. Finally, Needham & Company LLC set a $120.00 price target on Starbucks in a research report on Tuesday, August 18th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Starbucks presently has an average rating of “Hold” and an average target price of $110.30.

Check Out Our Latest Analysis on SBUX

Starbucks Price Performance

Shares of SBUX opened at $107.08 on Monday. The firm has a market capitalization of $122.07 billion, a PE ratio of 61.54, a PEG ratio of 1.85 and a beta of 0.97. The company’s 50-day moving average is $104.45 and its 200-day moving average is $100.43. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $110.51.

Starbucks (NASDAQ:SBUXGet Free Report) last posted its earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.66 by $0.19. The company had revenue of $9.32 billion for the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Analysts predict that Starbucks Corporation will post 2.64 earnings per share for the current fiscal year.

Starbucks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a $0.62 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. Starbucks’s dividend payout ratio is 142.53%.

Starbucks 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.

See Also

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Institutional Ownership by Quarter for Starbucks (NASDAQ:SBUX)

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