Towercrest Capital Management Buys New Position in Starbucks Corporation $SBUX

Towercrest Capital Management bought a new position in Starbucks Corporation (NASDAQ:SBUX) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,601 shares of the coffee company’s stock, valued at approximately $675,000. Starbucks makes up approximately 0.1% of Towercrest Capital Management’s investment portfolio, making the stock its 29th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC acquired a new stake in shares of Starbucks during the 4th quarter worth approximately $25,000. Cornerstone Financial Management LLC bought a new stake in shares of Starbucks in the 4th quarter valued at $25,000. Phillip James Consulting Co. acquired a new position in shares of Starbucks during the 4th quarter valued at $25,000. Entrust Financial LLC bought a new position in Starbucks during the fourth quarter worth $26,000. Finally, Tucker Asset Management LLC bought a new position in Starbucks during the fourth quarter worth $27,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was 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 in the company, valued at approximately $7,963,558.65. This trade represents a 2.88% decrease in their position. The sale was disclosed in a legal filing 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. Over the last ninety days, insiders sold 6,687 shares of company stock valued at $681,663. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

SBUX has been the subject of several research analyst reports. Melius Research set a $110.00 price target on shares of Starbucks in a research note on Monday, August 3rd. Compass Point began coverage on Starbucks in a research note on Monday, August 3rd. They issued a “buy” rating for the company. The Goldman Sachs Group lowered Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. Robert W. Baird set a $124.00 price target on Starbucks in a research note on Thursday, July 30th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $130.00 price target on shares of Starbucks in a report on Thursday, July 30th. Nineteen research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $110.30.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks reported strong recent operating momentum: global comparable sales increased 7.9% in fiscal third-quarter 2026, while revenue reached approximately $9.3 billion. The trends could support the company’s fiscal 2026 earnings outlook and reflect progress from investments in its coffeehouses. Can Starbucks’ Solid Comps Growth Support Stronger FY26 Earnings?
• Positive Sentiment: A promotional return of the Unicorn Frappuccino helped produce a record sales weekend, suggesting that limited-time products and brand engagement can continue to drive customer traffic. Starbucks Just Landed the Biggest Weekend in the Company’s History
• Neutral Sentiment: Investor comparisons with McDonald’s and Chipotle show that restaurant-stock performance in 2026 has favored companies undergoing structural change. Starbucks’ valuation remains elevated, making sustained sales and earnings improvement important for further upside. Which Restaurant Stock Has Dominated in 2026: McDonald’s, Chipotle, or Starbucks?
• Negative Sentiment: Starbucks is eliminating more than 200 corporate positions as part of its restructuring and approximately $2 billion cost-reduction effort. The cuts include technology, store design and construction, and coffeehouse development roles; 120 Seattle-based employees reportedly face separation after declining relocation to the new Nashville office. The company said the reductions do not involve cafe closures, but the announcement is raising concerns about disruption and turnaround execution. Starbucks Laying Off More Than 200 Workers in Streamlining Drive

Starbucks Price Performance

SBUX opened at $103.99 on Friday. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $110.51. The firm has a market capitalization of $118.55 billion, a PE ratio of 59.76, a P/E/G ratio of 1.81 and a beta of 0.97. The company’s 50-day moving average is $104.37 and its 200 day moving average is $100.32.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. The business had revenue of $9.32 billion during 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 company’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, analysts expect that Starbucks Corporation will post 2.64 EPS for the current year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio is presently 142.53%.

Starbucks Company 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.