4,868 Shares in Starbucks Corporation $SBUX Purchased by Sanchez Levi Garrett

Sanchez Levi Garrett acquired a new position in Starbucks Corporation (NASDAQ:SBUX) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,868 shares of the coffee company’s stock, valued at approximately $497,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SBUX. Capital World Investors boosted its position in shares of Starbucks by 9.0% in the 4th quarter. Capital World Investors now owns 84,727,405 shares of the coffee company’s stock worth $7,135,228,000 after purchasing an additional 7,007,268 shares in the last quarter. BlackRock Inc. purchased a new position in Starbucks during the second quarter valued at $8,504,509,000. State Street Corp boosted its holdings in Starbucks by 0.7% in the fourth quarter. State Street Corp now owns 47,869,056 shares of the coffee company’s stock worth $4,031,053,000 after acquiring an additional 327,161 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Starbucks by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 26,373,084 shares of the coffee company’s stock worth $2,212,153,000 after acquiring an additional 225,168 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its stake in shares of Starbucks by 65.9% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 19,447,854 shares of the coffee company’s stock worth $1,637,704,000 after acquiring an additional 7,725,547 shares during the last quarter. Institutional investors own 72.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on SBUX shares. Jefferies Financial Group began coverage on Starbucks in a report on Thursday, May 14th. They set a “buy” rating for the company. Zacks Research downgraded shares of Starbucks from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Wells Fargo & Company lowered shares of Starbucks from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. BTIG Research reaffirmed a “buy” rating and issued a $115.00 target price on shares of Starbucks in a report on Friday, July 31st. Finally, Compass Point began coverage on shares of Starbucks in a research note on Monday, August 3rd. They issued a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $110.30.

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $108.49 on Thursday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51. The company has a market cap of $123.68 billion, a P/E ratio of 62.35, a PEG ratio of 1.83 and a beta of 0.97. The stock’s fifty day moving average price is $104.82 and its 200-day moving average price is $100.68.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The company had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same period last year, the company earned $0.50 EPS. Starbucks’s revenue for the quarter was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, sell-side analysts anticipate that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.3%. Starbucks’s payout ratio is currently 142.53%.

Starbucks News Roundup

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 other news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The shares were 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 directly owned 75,135 shares of the company’s stock, valued at $7,963,558.65. The trade was 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 at 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 three months. 0.03% of the stock is owned by 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.