UNIVEST FINANCIAL Corp acquired a new stake in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,560 shares of the coffee company’s stock, valued at approximately $670,000.
Several other large investors also recently bought and sold shares of SBUX. Rachor Investment Advisory Services LLC purchased a new position in Starbucks in the 4th quarter worth about $25,000. Cornerstone Financial Management LLC purchased a new stake in shares of Starbucks during the 4th quarter valued at about $25,000. Phillip James Consulting Co. bought a new stake in shares of Starbucks in the fourth quarter worth approximately $25,000. Entrust Financial LLC bought a new stake in shares of Starbucks in the fourth quarter worth approximately $26,000. Finally, Tucker Asset Management LLC purchased a new position in shares of Starbucks during the fourth quarter valued at approximately $27,000. 72.29% of the stock is currently owned by institutional investors.
Starbucks Trading Up 3.0%
SBUX opened at $107.08 on Friday. The company has a market cap of $122.07 billion, a price-to-earnings ratio of 61.54, a PEG ratio of 1.85 and a beta of 0.97. The company’s 50 day moving average is $104.45 and its 200 day moving average is $100.36. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $110.51.
Starbucks Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be paid a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, August 14th. Starbucks’s dividend payout ratio is 142.53%.
Key Starbucks News
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.
Analysts Set New Price Targets
SBUX has been the topic of a number of research analyst reports. TD Cowen restated a “buy” rating on shares of Starbucks in a research report on Tuesday. BMO Capital Markets reaffirmed an “outperform” rating and issued a $130.00 target price on shares of Starbucks in a research report on Thursday, July 30th. Royal Bank Of Canada reissued a “sector perform” rating and set a $115.00 price target (up from $110.00) on shares of Starbucks in a report on Thursday, July 30th. Weiss Ratings restated a “hold (c)” rating on shares of Starbucks in a research note on Monday, July 20th. Finally, Melius Research set a $110.00 price target on Starbucks in a research note on Monday, August 3rd. Nineteen equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $110.30.
Check Out Our Latest Report on SBUX
Insider Activity at Starbucks
In related news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total value of $236,251.71. Following the transaction, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at approximately $7,963,558.65. This trade represents a 2.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 6,687 shares of company stock valued at $681,663. Corporate 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.
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