7,000 Shares in Starbucks Corporation $SBUX Acquired by Manatuck Hill Partners LLC

Manatuck Hill Partners LLC bought a new stake in Starbucks Corporation (NASDAQ:SBUX) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 7,000 shares of the coffee company’s stock, valued at approximately $715,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. raised its holdings in shares of Starbucks by 1.0% in the 1st 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 in the last quarter. Webster Bank N. A. grew its position in Starbucks by 7.8% during 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 last quarter. Nilsine Partners LLC grew its holdings in shares of Starbucks by 1.0% during the second quarter. Nilsine Partners LLC now owns 10,039 shares of the coffee company’s stock worth $1,026,000 after buying an additional 101 shares during the last quarter. Beta Wealth Group Inc. increased its holdings in shares of 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 during the period. Finally, Elgethun Capital Management increased its stake in shares of Starbucks by 9.4% during the second quarter. Elgethun Capital Management now owns 1,219 shares of the coffee company’s stock worth $125,000 after acquiring an additional 105 shares during the period. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Starbucks

In other Starbucks 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 sale, the chief executive officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,687 shares of company stock worth $681,663 in the last ninety days. Insiders own 0.03% of the company’s stock.

Starbucks Stock Performance

Shares of SBUX stock opened at $108.49 on Thursday. The stock has a fifty day moving average price of $104.82 and a 200 day moving average price of $100.68. The stock has a market cap of $123.68 billion, a PE ratio of 62.35, a P/E/G ratio of 1.83 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 (NASDAQ:SBUX) last posted its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share 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 analyst estimates of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.Starbucks’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities research analysts predict that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Announces Dividend

The firm 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 dividend of $0.62 per share. This represents a $2.48 annualized dividend and a yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s dividend payout ratio (DPR) is 142.53%.

Key Starbucks News

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on SBUX. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Starbucks in a report on Monday, July 20th. Citigroup boosted their target price on shares of Starbucks from $108.00 to $112.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Raymond James Financial cut shares of Starbucks to an “outperform” rating in a research note on Monday, August 3rd. Wedbush initiated coverage on shares of Starbucks in a report on Thursday, May 14th. They issued an “outperform” rating for the company. Finally, DA Davidson raised their price objective on shares of Starbucks from $102.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. One 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 issued a Sell rating to the company. According to data from MarketBeat.com, Starbucks presently has an average rating of “Hold” and an average price target of $110.30.

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.