Pacer Advisors Inc. Has $8.61 Million Stake in Starbucks Corporation $SBUX

Pacer Advisors Inc. lowered its position in shares of Starbucks Corporation (NASDAQ:SBUX) by 44.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 96,113 shares of the coffee company’s stock after selling 76,803 shares during the quarter. Pacer Advisors Inc.’s holdings in Starbucks were worth $8,611,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Rachor Investment Advisory Services LLC bought a new position in shares of Starbucks in the 4th quarter worth about $25,000. Phillip James Consulting Co. bought a new stake in shares of Starbucks during the 4th quarter valued at about $25,000. Cornerstone Financial Management LLC bought a new stake in shares of Starbucks during the 4th quarter valued at about $25,000. Entrust Financial LLC acquired a new stake in Starbucks during the fourth quarter worth approximately $26,000. Finally, Financial Freedom LLC increased its holdings in Starbucks by 296.2% in the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock worth $28,000 after purchasing an additional 234 shares in the last quarter. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Starbucks Stock Performance

SBUX stock opened at $104.97 on Wednesday. The stock’s 50 day simple moving average is $102.31 and its 200 day simple moving average is $99.33. The company has a market cap of $119.67 billion, a P/E ratio of 60.33, a price-to-earnings-growth ratio of 1.78 and a beta of 0.97. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $109.23.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.19. The firm had revenue of $9.32 billion during the quarter, compared to analysts’ expectations 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 for the quarter was down 1.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Equities analysts predict that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Dividend Announcement

The firm 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. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 annualized dividend and a yield of 2.4%. Starbucks’s dividend payout ratio (DPR) is presently 142.53%.

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Improving traffic and earnings: Starbucks reported quarterly earnings of $0.85 per share, well above the $0.66 consensus estimate, while revenue of $9.32 billion also exceeded expectations. Management cited broader traffic gains, faster service and store upgrades as drivers of the recovery. Can Starbucks’ Raised 2026 Outlook Drive a Durable Earnings Recovery?
• Positive Sentiment: Higher fiscal 2026 outlook: Starbucks raised its fiscal 2026 earnings guidance to approximately $2.55-$2.65 per share. The upgrade reinforces expectations for a durable earnings recovery if sales momentum and margin improvement continue. SBUX Q3 Earnings Call Highlights Durable Traffic Recovery
• Positive Sentiment: Seasonal product launch: The Pumpkin Spice Latte will return this month alongside new fall beverages, food and merchandise. The promotion could boost customer visits and average spending during an important seasonal period. Starbucks announces Pumpkin Spice Latte return date
• Positive Sentiment: Analyst support: Melius Research upgraded SBUX from Sell to Hold after the strong quarterly results, while BTIG reiterated its Buy rating, reducing immediate bearish pressure.
• Neutral Sentiment: Store portfolio changes: Starbucks may close underperforming locations as it reshapes its large store base. Closures could improve efficiency and profitability, but they also highlight ongoing cost and traffic challenges. Starbucks CEO says your local store may not survive
• Negative Sentiment: Valuation and competition remain concerns: Analysts argue that much of the recovery is already reflected in the share price, with Starbucks trading at a high earnings multiple. Rivals such as Dutch Bros are competing for growth, while Starbucks must sustain traffic gains and control costs to justify its premium valuation. Starbucks is recovering, but the stock looks fully priced

Wall Street Analyst Weigh In

Several brokerages have issued reports on SBUX. UBS Group boosted their price target on Starbucks from $105.00 to $112.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Jefferies Financial Group started coverage on shares of Starbucks in a research report on Thursday, May 14th. They set a “buy” rating for the company. Wells Fargo & Company lowered shares of Starbucks from an “overweight” rating to an “underweight” rating in a research note on Monday. Piper Sandler reiterated an “overweight” rating and set a $110.00 target price on shares of Starbucks in a research report on Wednesday, April 29th. Finally, Citigroup increased their target price on shares of Starbucks from $108.00 to $112.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Nineteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Starbucks currently has an average rating of “Hold” and a consensus price target of $111.96.

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $104.00, for a total transaction of $231,816.00. Following the completion of the sale, the chief executive officer owned 77,364 shares in the company, valued at approximately $8,045,856. The trade was a 2.80% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 4,458 shares of company stock valued at $445,412. Company insiders own 0.03% of the company’s stock.

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.