Flavin Financial Services Inc. Buys Shares of 5,849 Starbucks Corporation $SBUX

Flavin Financial Services Inc. purchased a new position in Starbucks Corporation (NASDAQ:SBUX) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 5,849 shares of the coffee company’s stock, valued at approximately $598,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Meeder Asset Management Inc. purchased a new position in Starbucks in the 2nd quarter valued at about $25,000. Black Cypress Capital Management LLC purchased a new stake in shares of Starbucks during the second quarter worth about $27,000. Rachor Investment Advisory Services LLC acquired a new position in shares of Starbucks in the fourth quarter valued at approximately $25,000. Phillip James Consulting Co. purchased a new position in shares of Starbucks during the fourth quarter valued at approximately $25,000. Finally, Cornerstone Financial Management LLC purchased a new position in shares of Starbucks during the fourth quarter valued at approximately $25,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Starbucks Stock Down 1.6%

SBUX opened at $105.76 on Wednesday. Starbucks Corporation has a 52-week low of $77.99 and a 52-week high of $110.51. The company has a market cap of $120.57 billion, a P/E ratio of 60.78, a P/E/G ratio of 1.86 and a beta of 0.97. The company has a 50 day moving average of $104.65 and a two-hundred day moving average of $100.59.

Starbucks (NASDAQ:SBUX) last announced 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 business 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 company’s revenue was down 1.4% on a year-over-year basis. During the same period last year, the business posted $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Research analysts anticipate that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Announces Dividend

The company 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 dividend of $0.62 per share. 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 payout ratio is 142.53%.

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total value of $236,251.71. Following the transaction, the chief executive officer owned 75,135 shares in the company, valued at $7,963,558.65. The trade was a 2.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 6,687 shares of company stock worth $681,663. Insiders own 0.03% of the company’s stock.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Seasonal promotions are supporting the turnaround. Starbucks launched its fall menu and Pumpkin Spice Latte season, while the limited-time Unicorn Frappuccino reportedly generated the company’s highest sales weekend on record and lifted traffic 28.5% above a typical Saturday. New offerings, including the Blueberry Matcha Daily Fiber Bar, are also intended to drive visits and strengthen the “Back to Starbucks” strategy. Starbucks Unicorn Frappuccino drives biggest sales weekend ever
• Positive Sentiment: Analyst sentiment remains constructive. Baird initiated coverage with an Outperform rating and a $124 price target, implying additional upside based on expectations for improved traffic, margin recovery and continued execution of the turnaround. Starbucks has also reported better-than-expected recent earnings and maintained fiscal 2026 EPS guidance of $2.55–$2.65. Baird sees upside for Starbucks
• Neutral Sentiment: Corporate restructuring continues. Starbucks plans to eliminate more than 200 Seattle-area corporate positions and shift some roles to Nashville. The cuts could reduce costs and streamline operations, but they also highlight ongoing execution challenges and may create transition or morale risks. Starbucks is cutting more than 200 jobs
• Negative Sentiment: Labor conflict is the main near-term overhang. Starbucks Workers United is urging more than 12,000 unionized baristas and customers to boycott the chain during the Pumpkin Spice Latte launch until management reaches a contract agreement. The financial impact depends on participation, but a sustained boycott could undermine the traffic gains investors are watching and add reputational and labor costs. Starbucks union calls for boycott

Analysts Set New Price Targets

Several analysts have commented on the stock. Robert W. Baird set a $124.00 target price on shares of Starbucks in a research note on Thursday, July 30th. Needham & Company LLC set a $120.00 price target on Starbucks in a research note on Tuesday, August 18th. UBS Group lifted their price objective on Starbucks from $105.00 to $112.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Jefferies Financial Group began coverage on Starbucks in a research note on Thursday, May 14th. They issued a “buy” rating for the company. Finally, Sanford C. Bernstein downgraded Starbucks from an “outperform” rating to a “market perform” rating in a research report on Monday, August 3rd. Nineteen equities 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. According to data from MarketBeat, Starbucks has a consensus rating of “Hold” and an average price target of $110.30.

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.