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flag Starbucks missed earnings estimates but raised dividends; stock near $85.35 with a $97B market cap.

flag Starbucks reported second-quarter earnings of $0.52 per share, slightly below the $0.55 estimate, with revenue rising 5.5% year-over-year to $9.57 billion. flag The company raised its quarterly dividend to $0.62 per share, a 1.6% increase, yielding 2.9% annually, though the payout ratio is 151.22%. flag Institutional investors including White Pine Capital and Mufg Securities increased their stakes, while Prudential PLC reduced its holding. flag The stock trades around $85.35 with a market cap of $97.05 billion, a P/E ratio of 52.04, and a consensus "Moderate Buy" rating with a $101.44 target price.

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