EFG International AG acquired a new stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 50,104 shares of the coffee company’s stock, valued at approximately $5,119,000.
A number of other large investors also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC purchased a new stake in shares of Starbucks in the fourth quarter valued at about $25,000. Cornerstone Financial Management LLC purchased a new position in Starbucks during the fourth quarter worth about $25,000. Phillip James Consulting Co. purchased a new position in Starbucks during the fourth quarter worth about $25,000. Meeder Asset Management Inc. acquired a new stake in Starbucks in the second quarter valued at about $25,000. Finally, Entrust Financial LLC acquired a new stake in Starbucks in the fourth quarter valued at about $26,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.
Starbucks Trading Up 2.6%
Shares of Starbucks stock opened at $108.49 on Thursday. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $110.51. The stock has a market cap 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. The company has a 50-day moving average of $104.82 and a two-hundred day moving average of $100.68.
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. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 annualized dividend and a yield of 2.3%. Starbucks’s dividend payout ratio is 142.53%.
Insider Buying and Selling at Starbucks
In other news, CEO Brady Brewer sold 2,229 shares of Starbucks 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 completion of the transaction, the chief executive officer owned 75,135 shares of the company’s stock, valued at $7,963,558.65. The trade was a 2.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,687 shares of company stock valued at $681,663 in the last three months. Company insiders own 0.03% of the company’s stock.
Wall Street Analyst Weigh In
SBUX has been the topic of several recent analyst reports. Compass Point started coverage on Starbucks in a research report on Monday, August 3rd. They set a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $126.00 price target on shares of Starbucks in a report on Thursday, July 30th. Needham & Company LLC set a $120.00 price target on Starbucks in a research note on Tuesday, August 18th. The Goldman Sachs Group lowered Starbucks from a “neutral” rating to a “neutral” rating in a report on Thursday, May 14th. Finally, Scotiabank cut Starbucks from a “market perform” rating to an “underperform” rating in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Starbucks currently has an average rating of “Hold” and an average target price of $110.30.
Get Our Latest Stock Analysis on Starbucks
Key Stories Impacting 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
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.
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