Texas Capital Bank Wealth Management Services Inc Makes New $794,000 Investment in Starbucks Corporation $SBUX

Texas Capital Bank Wealth Management Services Inc acquired a new stake in Starbucks Corporation (NASDAQ:SBUX) in the second quarter, Holdings Channel.com reports. The fund acquired 7,772 shares of the coffee company’s stock, valued at approximately $794,000.

Other hedge funds have also recently bought and sold shares of the company. Jefferies Financial Group Inc. raised its stake in shares of Starbucks by 94.5% in the fourth quarter. Jefferies Financial Group Inc. now owns 94,260 shares of the coffee company’s stock valued at $7,938,000 after acquiring an additional 45,794 shares in the last quarter. Swiss Life Asset Management Ltd increased its holdings in Starbucks by 20.4% during the 4th quarter. Swiss Life Asset Management Ltd now owns 518,405 shares of the coffee company’s stock worth $43,655,000 after purchasing an additional 87,926 shares during the period. Norges Bank acquired a new stake in Starbucks in the 4th quarter valued at about $1,232,650,000. Brighton Jones LLC boosted its stake in shares of Starbucks by 86.5% in the 4th quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock valued at $16,126,000 after buying an additional 81,952 shares during the period. Finally, Parkside Investments LLC acquired a new position in shares of Starbucks during the fourth quarter worth about $842,000. Institutional investors and hedge funds own 72.29% of the company’s stock.

Insider Buying and Selling at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the stock in a transaction dated 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 sale, the chief executive officer owned 75,135 shares in the company, valued at approximately $7,963,558.65. This represents a 2.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 6,687 shares of company stock worth $681,663 in the last three months. 0.03% of the stock is currently owned by corporate insiders.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks is eliminating more than 200 corporate positions as part of a broader restructuring and approximately $2 billion cost-reduction effort. Lower overhead could support profitability if the company maintains service levels and directs more resources toward its stores. The reductions do not involve cafe closures. Starbucks trims corporate ranks as coffeehouse investments deliver
• Positive Sentiment: Recent market commentary highlights Starbucks’ roughly 25% 2026 gain and suggests investors are rewarding its operational reset and investments in the cafe experience. The rally follows the company’s latest quarterly earnings beat, with adjusted EPS of $0.85 versus a $0.66 consensus estimate and revenue above expectations.
• Neutral Sentiment: The restructuring is relocating some corporate operations to a new, approximately $100 million Nashville office. Around 120 Seattle employees reportedly declined the move, while another 104 roles in store design and construction are being eliminated. Management characterizes the actions as part of the restructuring winding down, but the savings and impact on execution remain to be demonstrated. Starbucks cuts another 224 Seattle jobs
• Negative Sentiment: Starbucks continues to face challenges in China, where domestic competitors, shifting consumer preferences and geopolitical tensions are eroding the position of major U.S. brands. China weakness could limit international growth and pressure comparable sales. Why some of America’s biggest brands are losing ground in China
• Negative Sentiment: The stock’s strong performance has also produced a demanding valuation, with the supplied data showing a P/E ratio above 60. Investors may require sustained earnings growth from the turnaround to justify the premium, leaving SBUX vulnerable to disappointment.

Starbucks Stock Performance

Starbucks stock opened at $107.08 on Friday. The company has a market capitalization of $122.07 billion, a P/E ratio of 61.54, a PEG ratio of 1.85 and a beta of 0.97. Starbucks Corporation has a fifty-two week low of $77.99 and a fifty-two week high of $110.51. The stock has a 50-day simple moving average of $104.45 and a 200-day simple moving average of $100.36.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The firm had revenue of $9.32 billion during the quarter, compared to analysts’ expectations of $9.17 billion. During the same quarter in the prior year, the business earned $0.50 EPS. Starbucks’s quarterly revenue was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, analysts forecast that Starbucks Corporation will post 2.64 earnings per share for the current year.

Starbucks Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio is presently 142.53%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Jefferies Financial Group started coverage on shares of Starbucks in a research note on Thursday, May 14th. They issued a “buy” rating for the company. Guggenheim initiated coverage on shares of Starbucks in a research report on Monday, August 3rd. They set a “buy” rating for the company. UBS Group increased their target price on Starbucks from $105.00 to $112.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. BNP Paribas Exane raised their price target on Starbucks from $87.00 to $92.00 and gave the company an “underperform” rating in a research note on Thursday, July 30th. Finally, Robert W. Baird set a $124.00 price objective on Starbucks in a research 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 issued a Sell rating to the stock. According to data from MarketBeat, the company has an average 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.