Texas Capital Bank Wealth Management Services Inc Invests $794,000 in Starbucks Corporation $SBUX

by · The Markets Daily

Texas Capital Bank Wealth Management Services Inc purchased a new position in shares of Starbucks Corporation (NASDAQ:SBUX – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,772 shares of the coffee company’s stock, valued at approximately $794,000.

Several other large investors also recently bought and sold shares of the business. Rachor Investment Advisory Services LLC purchased a new position in Starbucks in the 4th quarter worth approximately $25,000. Phillip James Consulting Co. purchased a new stake in shares of Starbucks in the fourth quarter valued at approximately $25,000. Cornerstone Financial Management LLC purchased a new stake in shares of Starbucks in the fourth quarter valued at approximately $25,000. Entrust Financial LLC acquired a new stake in shares of Starbucks in the fourth quarter valued at approximately $26,000. Finally, Financial Freedom LLC increased its holdings in shares of Starbucks by 296.2% in the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock valued at $28,000 after purchasing an additional 234 shares during the last quarter. Hedge funds and other 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: 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.

Starbucks Stock Performance

SBUX stock opened at $107.08 on Friday. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The firm has a market cap of $122.07 billion, a PE ratio of 61.54, a PEG ratio of 1.85 and a beta of 0.97. The firm’s 50 day moving average price is $104.45 and its 200-day moving average price is $100.36.

Starbucks (NASDAQ:SBUX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share 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 firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.50 earnings per share. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Equities research analysts predict that Starbucks Corporation will post 2.64 EPS for the current fiscal year.

Starbucks Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.62 per share. The ex-dividend date is Friday, August 14th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.3%. Starbucks’s dividend payout ratio is currently 142.53%.

Insider Buying and Selling at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the sale, 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 hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 6,687 shares of company stock worth $681,663. Corporate insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on SBUX shares. Wells Fargo & Company lowered Starbucks from an “overweight” rating to an “underweight” rating in a research note on Monday, August 3rd. BTIG Research reaffirmed a “buy” rating and issued a $115.00 target price on shares of Starbucks in a research note on Friday, July 31st. Scotiabank lowered Starbucks from a “market perform” rating to an “underperform” rating in a report on Thursday, May 14th. Needham & Company LLC set a $120.00 price target on Starbucks in a report on Tuesday. Finally, Stifel Nicolaus set a $117.00 price target on shares of Starbucks and gave the company a “buy” rating in a research report on Wednesday, May 6th. Nineteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Starbucks has a consensus rating of “Hold” and a consensus price target of $110.30.

Read Our Latest Stock Report on SBUX

About Starbucks

(Free Report)

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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