Orca Investment Management LLC Invests $688,000 in Starbucks Corporation $SBUX

Orca Investment Management LLC bought a new stake in Starbucks Corporation (NASDAQ:SBUX) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,733 shares of the coffee company’s stock, valued at approximately $688,000.

Other hedge funds have also recently added to or reduced their stakes in the company. B. Metzler seel. Sohn & Co. AG lifted its holdings in Starbucks by 36.4% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 88,374 shares of the coffee company’s stock valued at $7,442,000 after purchasing an additional 23,589 shares during the last quarter. Jefferies Financial Group Inc. grew its stake in Starbucks by 94.5% during the fourth quarter. Jefferies Financial Group Inc. now owns 94,260 shares of the coffee company’s stock worth $7,938,000 after buying an additional 45,794 shares during the last quarter. Swiss Life Asset Management Ltd increased its holdings in shares of Starbucks by 20.4% during the fourth quarter. Swiss Life Asset Management Ltd now owns 518,405 shares of the coffee company’s stock worth $43,655,000 after buying an additional 87,926 shares in the last quarter. Norges Bank bought a new position in shares of Starbucks in the fourth quarter valued at approximately $1,232,650,000. Finally, Brighton Jones LLC raised its stake in shares of Starbucks by 86.5% in the fourth quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company’s stock valued at $16,126,000 after acquiring an additional 81,952 shares during the last quarter. Institutional investors and hedge funds own 72.29% of the company’s stock.

Starbucks News Roundup

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks reported strong recent operating momentum: global comparable sales increased 7.9% in fiscal third-quarter 2026, while revenue reached approximately $9.3 billion. The trends could support the company’s fiscal 2026 earnings outlook and reflect progress from investments in its coffeehouses. Can Starbucks’ Solid Comps Growth Support Stronger FY26 Earnings?
• Positive Sentiment: A promotional return of the Unicorn Frappuccino helped produce a record sales weekend, suggesting that limited-time products and brand engagement can continue to drive customer traffic. Starbucks Just Landed the Biggest Weekend in the Company’s History
• Neutral Sentiment: Investor comparisons with McDonald’s and Chipotle show that restaurant-stock performance in 2026 has favored companies undergoing structural change. Starbucks’ valuation remains elevated, making sustained sales and earnings improvement important for further upside. Which Restaurant Stock Has Dominated in 2026: McDonald’s, Chipotle, or Starbucks?
• Negative Sentiment: Starbucks is eliminating more than 200 corporate positions as part of its restructuring and approximately $2 billion cost-reduction effort. The cuts include technology, store design and construction, and coffeehouse development roles; 120 Seattle-based employees reportedly face separation after declining relocation to the new Nashville office. The company said the reductions do not involve cafe closures, but the announcement is raising concerns about disruption and turnaround execution. Starbucks Laying Off More Than 200 Workers in Streamlining Drive

Starbucks Stock Down 0.9%

Shares of Starbucks stock opened at $103.99 on Friday. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $110.51. The business has a fifty day simple moving average of $104.37 and a 200 day simple moving average of $100.32. The stock has a market cap of $118.55 billion, a PE ratio of 59.76, a price-to-earnings-growth ratio of 1.81 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.19. The company 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 company’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Analysts expect that Starbucks Corporation will post 2.64 EPS for the current fiscal year.

Starbucks Announces Dividend

The company also recently announced 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. This represents a $2.48 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s dividend payout ratio is presently 142.53%.

Analyst Ratings Changes

SBUX has been the topic of a number of research analyst reports. Stifel Nicolaus set a $117.00 price target on Starbucks and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Evercore reissued an “outperform” rating on shares of Starbucks in a research note on Thursday, July 30th. Citigroup raised their target price on Starbucks from $108.00 to $112.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Robert W. Baird set a $124.00 price target on Starbucks in a report on Thursday, July 30th. Finally, Raymond James Financial lowered shares of Starbucks to an “outperform” rating in a report on Monday, August 3rd. 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $110.30.

Insiders Place Their Bets

In other news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the transaction, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at $7,963,558.65. This trade represents a 2.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,687 shares of company stock valued at $681,663 in the last quarter. Company insiders own 0.03% of the company’s stock.

Starbucks 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.