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

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 588 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer owned 70,920 shares in the company, valued at $7,092,000. This trade represents a 0.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 shares were sold at an average price of $105.60, for a total transaction 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 transaction of $236,251.71.

Starbucks Stock Performance

Starbucks stock opened at $101.91 on Friday. The firm’s 50-day moving average is $99.58 and its 200-day moving average is $101.38. Starbucks Corporation has a 1 year low of $77.99 and a 1 year high of $110.51. The company has a market cap of $116.18 billion, a P/E ratio of 40.77, a PEG ratio of 1.43 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.66 by $0.19. Starbucks had a net margin of 5.17% and a negative return on equity of 34.10%. The business had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. During the same period in the previous year, the business posted $0.50 EPS. The company’s quarterly revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, sell-side analysts predict that Starbucks Corporation will post 2.60 earnings per share for the current year.

Starbucks Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be given a dividend of $0.63 per share. 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 is Friday, November 13th. Starbucks’s payout ratio is presently 142.53%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on SBUX. William Blair restated an “outperform” rating on shares of Starbucks in a research report on Thursday, October 8th. UBS Group reiterated a “neutral” rating and set a $105.00 price target (down from $112.00) on shares of Starbucks in a research report on Thursday, October 8th. Sanford C. Bernstein downgraded Starbucks from an “outperform” rating to a “market perform” rating in a research note on Monday, August 3rd. Wells Fargo & Company cut their price objective on Starbucks from $125.00 to $120.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, Weiss Ratings upgraded Starbucks from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 16th. Twenty-four equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $110.43.

More Starbucks News

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

Institutional Trading of Starbucks

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sunbelt Securities Inc. grew its position in Starbucks by 1.0% in the first quarter. Sunbelt Securities Inc. now owns 9,473 shares of the coffee company’s stock worth $849,000 after buying an additional 97 shares during the last quarter. Cypress Capital Management LLC WY increased its holdings in shares of Starbucks by 30.9% in the second quarter. Cypress Capital Management LLC WY now owns 424 shares of the coffee company’s stock valued at $43,000 after buying an additional 100 shares in the last quarter. Webster Bank N. A. boosted its stake in shares of Starbucks by 7.8% during the 2nd quarter. Webster Bank N. A. now owns 1,396 shares of the coffee company’s stock worth $143,000 after acquiring an additional 101 shares in the last quarter. Nilsine Partners LLC grew its holdings in shares of Starbucks by 1.0% in the 2nd quarter. Nilsine Partners LLC now owns 10,039 shares of the coffee company’s stock worth $1,026,000 after acquiring an additional 101 shares during the last quarter. Finally, Beta Wealth Group Inc. grew its holdings in shares of Starbucks by 1.7% in the 2nd quarter. Beta Wealth Group Inc. now owns 6,216 shares of the coffee company’s stock worth $635,000 after acquiring an additional 102 shares during the last quarter. 72.29% of the stock is currently owned by institutional investors.

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.