Starbucks missed earnings estimates but slightly beat revenue forecasts, with reduced investor stakes and a dividend yield of 2.9%.

Starbucks reported second-quarter earnings of $0.50 per share, missing estimates by $0.14, and revenue of $9.46 billion, slightly above expectations. The company's market cap is $94.82 billion with a P/E ratio of 35.96. Institutional investors including Brady Family Wealth, KMG Fiduciary Partners, Wedmont Private Capital, and Fulton Bank reduced their stakes. Analysts maintain a "Moderate Buy" consensus rating with a target price of $104.40. Starbucks declared a quarterly dividend of $0.61, yielding 2.9%, though its payout ratio is 105.17%. The stock has a beta of 1.00.