Van Hulzen Asset Management LLC Buys New Shares in Starbucks Corporation $SBUX

Van Hulzen Asset Management LLC bought a new position in Starbucks Corporation (NASDAQ:SBUX) in the 2nd quarter, Holdings Channel.com reports. The fund bought 15,739 shares of the coffee company’s stock, valued at approximately $1,608,000.

A number of other institutional investors have also added to or reduced their stakes in SBUX. Sunbelt Securities Inc. grew its stake 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 acquiring an additional 97 shares in the last quarter. Webster Bank N. A. raised its position in Starbucks by 7.8% during the second quarter. Webster Bank N. A. now owns 1,396 shares of the coffee company’s stock valued at $143,000 after purchasing an additional 101 shares during the period. Nilsine Partners LLC raised its holdings in Starbucks by 1.0% during the 2nd quarter. Nilsine Partners LLC now owns 10,039 shares of the coffee company’s stock valued at $1,026,000 after buying an additional 101 shares during the period. Beta Wealth Group Inc. lifted its holdings in shares of Starbucks by 1.7% in the 2nd quarter. Beta Wealth Group Inc. now owns 6,216 shares of the coffee company’s stock worth $635,000 after acquiring an additional 102 shares during the last quarter. Finally, Elgethun Capital Management lifted its stake in Starbucks by 9.4% in the second quarter. Elgethun Capital Management now owns 1,219 shares of the coffee company’s stock worth $125,000 after purchasing an additional 105 shares during the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Starbucks Price Performance

NASDAQ SBUX opened at $105.76 on Wednesday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51. The company has a market cap of $120.57 billion, a price-to-earnings ratio of 60.78, a PEG ratio of 1.86 and a beta of 0.97. The stock’s fifty day moving average price is $104.65 and its 200 day moving average price is $100.59.

Starbucks (NASDAQ:SBUX) last released its earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The firm had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same quarter in the previous year, the company posted $0.50 earnings per share. The company’s 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. Research analysts expect that Starbucks Corporation will post 2.64 earnings per share for the current year.

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 issued a $0.62 dividend. This represents a $2.48 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks’s payout ratio is 142.53%.

Insider Transactions at Starbucks

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of the company’s stock in a transaction that occurred 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 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,687 shares of company stock valued at $681,663 over the last three months. Insiders own 0.03% of the company’s stock.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Seasonal promotions are supporting the turnaround. Starbucks launched its fall menu and Pumpkin Spice Latte season, while the limited-time Unicorn Frappuccino reportedly generated the company’s highest sales weekend on record and lifted traffic 28.5% above a typical Saturday. New offerings, including the Blueberry Matcha Daily Fiber Bar, are also intended to drive visits and strengthen the “Back to Starbucks” strategy. Starbucks Unicorn Frappuccino drives biggest sales weekend ever
• Positive Sentiment: Analyst sentiment remains constructive. Baird initiated coverage with an Outperform rating and a $124 price target, implying additional upside based on expectations for improved traffic, margin recovery and continued execution of the turnaround. Starbucks has also reported better-than-expected recent earnings and maintained fiscal 2026 EPS guidance of $2.55–$2.65. Baird sees upside for Starbucks
• Neutral Sentiment: Corporate restructuring continues. Starbucks plans to eliminate more than 200 Seattle-area corporate positions and shift some roles to Nashville. The cuts could reduce costs and streamline operations, but they also highlight ongoing execution challenges and may create transition or morale risks. Starbucks is cutting more than 200 jobs
• Negative Sentiment: Labor conflict is the main near-term overhang. Starbucks Workers United is urging more than 12,000 unionized baristas and customers to boycott the chain during the Pumpkin Spice Latte launch until management reaches a contract agreement. The financial impact depends on participation, but a sustained boycott could undermine the traffic gains investors are watching and add reputational and labor costs. Starbucks union calls for boycott

Wall Street Analysts Forecast Growth

SBUX has been the subject of a number of recent analyst reports. Melius Research set a $110.00 price objective on Starbucks in a report on Monday, August 3rd. Morgan Stanley lowered Starbucks from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $130.00 price objective on shares of Starbucks in a research note on Thursday, July 30th. Robert W. Baird set a $124.00 target price on Starbucks in a report on Thursday, July 30th. Finally, Wedbush started coverage on shares of Starbucks in a report on Thursday, May 14th. They issued an “outperform” rating on the stock. Nineteen investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $110.30.

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.