NEOS Investment Management LLC Acquires 91,192 Shares of Starbucks Corporation $SBUX

NEOS Investment Management LLC lifted its stake in Starbucks Corporation (NASDAQ:SBUX) by 11.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 868,907 shares of the coffee company’s stock after buying an additional 91,192 shares during the period. NEOS Investment Management LLC’s holdings in Starbucks were worth $88,794,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of SBUX. Alley Investment Management Company LLC increased its holdings in shares of Starbucks by 4.9% during the 2nd quarter. Alley Investment Management Company LLC now owns 158,040 shares of the coffee company’s stock worth $16,150,000 after purchasing an additional 7,351 shares during the period. Paragon Private Wealth Management LLC bought a new stake in shares of Starbucks in the second quarter valued at about $215,000. Safeguard Investment Advisory Group LLC bought a new stake in shares of Starbucks in the second quarter valued at about $212,000. Nykredit A S acquired a new stake in Starbucks during the second quarter worth about $32,309,000. Finally, B. Metzler seel. Sohn & Co. AG grew its position in Starbucks by 30.8% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 115,763 shares of the coffee company’s stock worth $11,830,000 after buying an additional 27,264 shares in the last quarter. Institutional investors own 72.29% of the company’s stock.

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: A U.S. appeals court overturned a labor-board ruling involving Starbucks’ dress code at a Manhattan store, finding that restrictions on union-related shirts and pins did not violate workers’ rights. The decision could strengthen Starbucks’ position in its broader labor dispute and reduce potential legal and compliance risks. Reuters article
• Positive Sentiment: Recent coverage says Starbucks’ turnaround is gaining traction, with accelerating sales, improved execution, 7.9% global comparable-sales growth, cost savings and coffeehouse initiatives supporting the recovery. The company also raised fiscal 2026 guidance, while its latest quarter beat earnings and revenue expectations. Investing article
• Positive Sentiment: Starbucks is using nostalgia and menu-related marketing to encourage visits, potentially helping customer traffic as the company works to rebuild demand. TheStreet article
• Neutral Sentiment: Analysts describe the turnaround as effective but view SBUX as fairly valued. Competitive intensity, consumer spending pressure and changing preferences could limit near-term upside despite stronger margins and lower debt. Seeking Alpha article
• Negative Sentiment: The Starbucks Workers United union is planning a national boycott, reviving concerns about labor disruptions, reputational damage and possible pressure on store operations. TipRanks article
• Negative Sentiment: Starbucks is discontinuing a drink-blending powder after particles reportedly became airborne and caused baristas to cough or feel ill. Although the product is being removed during the seasonal menu transition, the issue raises workplace-safety and reputational concerns. Yahoo Finance article

Starbucks Stock Down 0.8%

Shares of SBUX opened at $105.82 on Friday. The stock has a market cap of $120.63 billion, a price-to-earnings ratio of 60.82, a P/E/G ratio of 1.84 and a beta of 0.97. Starbucks Corporation has a 12 month low of $77.99 and a 12 month high of $110.51. The company has a 50-day moving average price of $105.44 and a two-hundred day moving average price of $101.06.

Starbucks (NASDAQ:SBUX) last released its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The company had revenue of $9.32 billion for the quarter, compared to analyst estimates of $9.17 billion. During the same period in the prior year, the company posted $0.50 EPS. 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. Equities research analysts expect that Starbucks Corporation will post 2.64 EPS for the current fiscal year.

Starbucks Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were paid a $0.62 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.48 annualized dividend and a yield of 2.3%. Starbucks’s payout ratio is currently 142.53%.

Insiders Place Their Bets

In other Starbucks 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 value of $236,251.71. Following the sale, the chief executive officer directly owned 75,135 shares in the company, valued at $7,963,558.65. This represents a 2.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,046 shares of company stock valued at $526,868 in the last quarter. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

SBUX has been the subject of several recent research reports. Jefferies Financial Group started coverage on Starbucks in a report on Thursday, May 14th. They issued a “buy” rating for the company. Wells Fargo & Company cut Starbucks from an “overweight” rating to an “underweight” rating in a research report on Monday, August 3rd. Stephens assumed coverage on Starbucks in a research report on Thursday, May 14th. They set an “overweight” rating on the stock. Zacks Research cut Starbucks from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Finally, Scotiabank cut Starbucks from a “market perform” rating to an “underperform” rating in a research report on Thursday, May 14th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $110.30.

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.