Pacific Excel Wealth Advisors Inc. Acquires New Position in Starbucks Corporation $SBUX

Pacific Excel Wealth Advisors Inc. bought a new position in Starbucks Corporation (NASDAQ:SBUX) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 6,474 shares of the coffee company’s stock, valued at approximately $662,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SBUX. Sunbelt Securities Inc. lifted its holdings in Starbucks by 1.0% during the first quarter. Sunbelt Securities Inc. now owns 9,473 shares of the coffee company’s stock valued at $849,000 after purchasing an additional 97 shares in the last quarter. Beta Wealth Group Inc. increased its stake in shares of Starbucks by 1.7% in the first quarter. Beta Wealth Group Inc. now owns 6,114 shares of the coffee company’s stock worth $548,000 after purchasing an additional 103 shares in the last quarter. NWF Advisory Services Inc. raised its position in shares of Starbucks by 2.6% during the 4th quarter. NWF Advisory Services Inc. now owns 4,349 shares of the coffee company’s stock valued at $366,000 after purchasing an additional 109 shares during the period. Godshalk Welsh Capital Management Inc. raised its position in shares of Starbucks by 0.8% during the 1st quarter. Godshalk Welsh Capital Management Inc. now owns 13,610 shares of the coffee company’s stock valued at $1,219,000 after purchasing an additional 110 shares during the period. Finally, Eastern Bank raised its position in shares of Starbucks by 0.9% during the 2nd quarter. Eastern Bank now owns 13,115 shares of the coffee company’s stock valued at $1,340,000 after purchasing an additional 111 shares during the period. Institutional investors own 72.29% of the company’s stock.

Analysts Set New Price Targets

SBUX has been the subject of several recent analyst reports. Stephens initiated coverage on shares of Starbucks in a report on Thursday, May 14th. They issued an “overweight” rating for the company. TD Cowen started coverage on Starbucks in a report on Thursday, July 30th. They set a “buy” rating and a $120.00 price target on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $126.00 price objective on shares of Starbucks in a research report on Thursday, July 30th. Zacks Research lowered Starbucks from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Scotiabank downgraded Starbucks from a “market perform” rating to an “underperform” rating in a research note on Thursday, May 14th. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $111.96.

Trending Headlines about Starbucks

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

Starbucks Stock Up 1.5%

Shares of SBUX stock opened at $104.97 on Wednesday. The company’s fifty day simple moving average is $102.31 and its two-hundred day simple moving average is $99.33. Starbucks Corporation has a 52 week low of $77.99 and a 52 week high of $109.23. The stock has a market cap of $119.67 billion, a P/E ratio of 60.33, a PEG ratio of 1.78 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share 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 analyst estimates of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The business’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, analysts anticipate that Starbucks Corporation will post 2.64 EPS for the current fiscal year.

Starbucks Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a yield of 2.4%. Starbucks’s payout ratio is presently 142.53%.

Insider Transactions at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $104.00, for a total transaction of $231,816.00. Following the sale, the chief executive officer directly owned 77,364 shares of the company’s stock, valued at $8,045,856. This represents a 2.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 4,458 shares of company stock valued at $445,412. 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.