Starbucks (NASDAQ:SBUX) CEO Sells 588 Shares of Company Stock

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 588 shares of Starbucks stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $100.00, for a total transaction of $58,800.00. Following the sale, the chief executive officer owned 70,920 shares of the company’s stock, valued at approximately $7,092,000. This trade represents a 0.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Brady Brewer also recently made the following trade(s):

• On Monday, October 5th, Brady Brewer sold 1,641 shares of Starbucks stock. The shares were sold at an average price of $94.76, for a total transaction of $155,501.16.
• On Friday, September 4th, Brady Brewer sold 2,229 shares of Starbucks stock. The stock was sold at an average price of $105.60, for a total value of $235,382.40.
• On Wednesday, August 5th, Brady Brewer sold 2,229 shares of Starbucks stock. The stock was sold at an average price of $105.99, for a total value of $236,251.71.

Starbucks Stock Up 2.9%

Shares of NASDAQ:SBUX traded up $2.83 during midday trading on Thursday, reaching $101.91. The company’s stock had a trading volume of 9,587,174 shares, compared to its average volume of 9,358,070. The firm has a market cap of $116.18 billion, a price-to-earnings ratio of 40.77, a price-to-earnings-growth ratio of 1.43 and a beta of 0.98. The business has a 50 day moving average price of $99.58 and a 200 day moving average price of $101.38. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51.

Starbucks (NASDAQ:SBUX) last issued its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. The firm had revenue of $9.32 billion for 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 quarterly revenue was down 1.4% on a year-over-year basis. During the same period last year, the company earned $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Sell-side analysts anticipate that Starbucks Corporation will post 2.60 earnings per share for the current fiscal year.

Starbucks Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Friday, November 13th will be given a $0.63 dividend. This is a boost from Starbucks’s previous quarterly dividend of $0.62. This represents a $2.52 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, November 13th. Starbucks’s dividend payout ratio is 142.53%.

Trending Headlines about Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Analysts and earnings-focused coverage point to a potential quarterly earnings beat, citing favorable estimates and other indicators ahead of Starbucks’ report. Strong results or upbeat guidance under the “Back to Starbucks” plan could support the stock. Starbucks Earnings Expected to Grow
• Positive Sentiment: Starbucks recently raised its quarterly dividend to $0.63 per share. Investors are also watching the company’s approximately $2 billion cost-savings initiative as potential evidence that profitability and shareholder returns can improve. Starbucks Bull Case Ahead of Fourth-Quarter Results
• Positive Sentiment: Coverage highlights Starbucks’ premium global brand, dividend appeal and recent stock performance relative to parts of the retail sector. The company’s November dividend schedule may attract income-oriented investors, though it is not a major near-term earnings catalyst. Starbucks November Dividend
• Neutral Sentiment: Starbucks China is introducing new rules concerning customer seating and coffeehouse usage. The changes could improve store capacity and turnover, but their financial effect remains unclear. Starbucks China Launches New Rules
• Neutral Sentiment: Reports that Starbucks explored acquiring Chipotle have faded, removing a potentially disruptive deal but also eliminating a possible diversification catalyst. Analysts continue to debate whether Starbucks is preferable to other consumer brands such as PepsiCo. Investors Discuss Starbucks
• Negative Sentiment: Starbucks trades at a demanding valuation—roughly 59 times earnings based on the provided data—so the upcoming report must deliver meaningful growth. Concerns about a sales slowdown could pressure the shares if comparable-store sales or guidance disappoint. Could Starbucks Survive a Sales Slowdown
• Negative Sentiment: Wells Fargo remains overweight but reduced its price target from $125 to $120, signaling somewhat less upside despite continued confidence in the turnaround. Wells Fargo Lowers Starbucks Price Target

Hedge Funds Weigh In On Starbucks

Several hedge funds and other institutional investors have recently modified their holdings of the company. Capstone Capital Management Ltd acquired a new stake in Starbucks during the 3rd quarter worth approximately $791,000. Range Financial Group LLC purchased a new position in Starbucks in the third quarter valued at approximately $1,086,000. 55 North Private Wealth LLC lifted its position in Starbucks by 9.3% during the third quarter. 55 North Private Wealth LLC now owns 3,657 shares of the coffee company’s stock valued at $344,000 after buying an additional 312 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its position in Starbucks by 28.6% during the third quarter. Prime Capital Investment Advisors LLC now owns 35,163 shares of the coffee company’s stock valued at $3,304,000 after buying an additional 7,826 shares in the last quarter. Finally, James T. Borello RIA acquired a new position in Starbucks during the third quarter valued at approximately $127,000. 72.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on SBUX. Seaport Research Partners started coverage on shares of Starbucks in a research report on Wednesday, September 16th. They set a “neutral” rating for the company. Robert W. Baird decreased their price target on shares of Starbucks from $124.00 to $115.00 and set an “outperform” rating on the stock in a report on Friday, October 2nd. JPMorgan Chase & Co. lowered their price objective on shares of Starbucks from $112.00 to $105.00 and set an “overweight” rating for the company in a research note on Tuesday, September 29th. Royal Bank Of Canada restated a “sector perform” rating and set a $115.00 price objective (up from $110.00) on shares of Starbucks in a report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $126.00 target price (up from $120.00) on shares of Starbucks in a research report on Thursday, July 30th. Twenty-four research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $110.43.

Starbucks Company Profile

Starbucks Corporation is a global specialty coffee company headquartered in Seattle, Washington. Founded in 1971, the company operates and licenses coffeehouses under the Starbucks brand, serving brewed coffee, espresso beverages, teas, cold drinks, food, and other ready-to-consume products.

In addition to its company-operated and licensed stores, Starbucks sells packaged coffee, tea, and single-serve products through grocery retailers, convenience stores, and other distribution channels.