7,674 Shares in Starbucks Corporation $SBUX Purchased by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC acquired a new position in Starbucks Corporation (NASDAQ:SBUX) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,674 shares of the coffee company’s stock, valued at approximately $813,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SBUX. Rachor Investment Advisory Services LLC purchased a new stake in Starbucks in the fourth quarter worth $25,000. Cornerstone Financial Management LLC purchased a new position in Starbucks during the fourth quarter valued at $25,000. Phillip James Consulting Co. purchased a new position in Starbucks during the fourth quarter valued at $25,000. Entrust Financial LLC bought a new stake in shares of Starbucks during the 4th quarter valued at $26,000. Finally, Tucker Asset Management LLC bought a new stake in shares of Starbucks during the 4th quarter valued at $27,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.

Insider Transactions at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of the company’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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 valued at $681,663 in the last 90 days. Company 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: 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.

Wall Street Analyst Weigh In

SBUX has been the subject of several research reports. BTIG Research reiterated a “buy” rating and issued a $115.00 price target on shares of Starbucks in a research note on Friday, July 31st. Melius Research set a $110.00 price objective on shares of Starbucks in a research note on Monday, August 3rd. Evercore restated an “outperform” rating on shares of Starbucks in a report on Thursday, July 30th. Needham & Company LLC set a $120.00 target price on shares of Starbucks in a research note on Tuesday. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $130.00 target price on shares of Starbucks in a report on Thursday, July 30th. Nineteen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $110.30.

Starbucks Trading Up 3.0%

Shares of SBUX opened at $107.08 on Friday. The business’s fifty day simple moving average is $104.45 and its two-hundred day simple moving average is $100.36. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $110.51. The company has a market cap of $122.07 billion, a price-to-earnings ratio of 61.54, a P/E/G ratio of 1.79 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, topping the consensus estimate 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 was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, research analysts forecast that Starbucks Corporation will post 2.64 EPS for the current year.

Starbucks Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be given a dividend of $0.62 per share. The ex-dividend date is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a yield of 2.3%. Starbucks’s dividend payout ratio is 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.