Starbucks (NASDAQ:SBUX) CEO Sells $58,800.00 in Stock

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 588 shares of the business’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $100.00, for a total value of $58,800.00. Following the sale, the chief executive officer directly owned 70,920 shares in the company, valued at approximately $7,092,000. The trade was a 0.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 value of $155,501.16.
• On Friday, September 4th, Brady Brewer sold 2,229 shares of Starbucks stock. The shares were 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 shares were sold at an average price of $105.99, for a total value of $236,251.71.

Starbucks Stock Performance

Shares of SBUX stock opened at $100.80 on Friday. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51. The business’s fifty day moving average is $99.44 and its 200-day moving average is $101.38. The stock has a market cap of $114.91 billion, a PE ratio of 57.93, a price-to-earnings-growth ratio of 1.45 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last announced 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 business had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same quarter in the prior year, the firm posted $0.50 earnings per share. The company’s revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. Equities research analysts predict that Starbucks Corporation will post 2.65 earnings per share for the current year.

Starbucks Increases Dividend

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

Key Stories Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks is expected to report fiscal fourth-quarter results next week, with analysts anticipating double-digit year-over-year EPS growth. A beat or stronger-than-expected outlook could support the shares, particularly after the company’s previous quarter exceeded earnings and revenue estimates. What to Expect From Starbucks’ Next Earnings Report
• Positive Sentiment: Starbucks China plans to invest approximately 300 million yuan, or $45 million, in staffing and store upgrades. The spending could improve customer service and the store experience, potentially supporting sales and traffic over time. Starbucks China Invests in Store Experience
• Positive Sentiment: The company’s quarterly dividend recently increased to $0.63 per share, reinforcing Starbucks’ appeal to income-oriented investors. The next dividend is scheduled for November 27 for shareholders of record on November 13. Starbucks Dividend Schedule
• Neutral Sentiment: Starbucks China will require customers to make a purchase before using seating areas. The policy may increase seat turnover and store productivity, but it could also affect customer perception; the financial impact is not yet clear. Starbucks China Launches New Rules
• Neutral Sentiment: Reports indicate Starbucks has abandoned a potential Chipotle transaction. Avoiding a costly or distracting acquisition may benefit the turnaround, although investors lose a possible diversification catalyst. Starbucks Ditches Chipotle Deal
• Negative Sentiment: Mizuho lowered its Starbucks price target from $115 to $105 and maintained a neutral rating, signaling limited expected upside at current valuation levels. Wells Fargo has also reduced its target, while the shares trade at a demanding earnings multiple. Mizuho Starbucks Rating
• Negative Sentiment: Polen Capital trimmed its Starbucks position, suggesting that progress from the turnaround is increasingly reflected in the stock’s valuation and that future gains may require stronger fundamental improvement. Polen Capital Trims Starbucks
• Negative Sentiment: CEO Brady Brewer sold 588 shares for $58,800 under a pre-arranged Rule 10b5-1 plan. The transaction was small relative to his remaining holdings, limiting its significance, but insider selling can add modest investor caution. Starbucks CEO Stock Sale

Wall Street Analysts Forecast Growth

SBUX has been the subject of a number of recent research reports. Royal Bank Of Canada reiterated a “sector perform” rating and set a $115.00 price objective (up from $110.00) on shares of Starbucks in a research report on Thursday, July 30th. Sanford C. Bernstein lowered shares of Starbucks from an “outperform” rating to a “market perform” rating in a research note on Monday, August 3rd. Robert W. Baird dropped their target price on Starbucks from $124.00 to $115.00 and set an “outperform” rating on the stock in a research report on Friday, October 2nd. Wells Fargo & Company cut their price objective on shares of Starbucks from $125.00 to $120.00 and set an “overweight” rating on the stock in a research report on Wednesday. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $130.00 target price (up from $120.00) on shares of Starbucks in a research note on Thursday, July 30th. Twenty-four research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.14.

Institutional Inflows and Outflows

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

About Starbucks

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.