Starbucks (NASDAQ:SBUX) CEO Sells $155,501.16 in Stock

Starbucks Corporation (NASDAQ:SBUX) CEO Brady Brewer sold 1,641 shares of the business’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $94.76, for a total value of $155,501.16. Following the completion of the sale, the chief executive officer directly owned 71,508 shares of the company’s stock, valued at $6,776,098.08. The trade was a 2.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 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 Trading Down 2.6%

Shares of NASDAQ SBUX opened at $90.75 on Friday. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $110.51. The stock has a 50 day moving average of $101.25 and a two-hundred day moving average of $100.91. The stock has a market cap of $103.45 billion, a P/E ratio of 52.16, a P/E/G ratio of 1.34 and a beta of 0.98.

Starbucks (NASDAQ:SBUX) last announced its 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. 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 for the quarter, compared to analyst estimates of $9.17 billion. During the same period last year, the firm posted $0.50 earnings per share. The company’s revenue for the quarter was down 1.4% compared to the same quarter last year. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, research analysts predict that Starbucks Corporation will post 2.59 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. Shareholders of record on Friday, November 13th will be paid a $0.63 dividend. This is a boost from Starbucks’s previous quarterly dividend of $0.62. This represents a $2.52 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, November 13th. Starbucks’s dividend payout ratio (DPR) is presently 142.53%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Robinhood Asset Management LLC purchased a new position in Starbucks in the second quarter valued at about $10,187,000. Nykredit A S purchased a new stake in shares of Starbucks during the 2nd quarter worth approximately $29,524,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Starbucks in the 2nd quarter worth approximately $61,404,000. Bank of America Corp DE acquired a new stake in shares of Starbucks in the 2nd quarter worth approximately $1,581,287,000. Finally, Saudi Central Bank increased its stake in Starbucks by 90.0% in the 2nd quarter. Saudi Central Bank now owns 79,751 shares of the coffee company’s stock valued at $8,150,000 after purchasing an additional 37,779 shares in the last quarter. 72.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

SBUX has been the topic of a number of research reports. BNP Paribas Exane raised their price target on Starbucks from $87.00 to $92.00 and gave the stock an “underperform” rating in a report on Thursday, July 30th. Melius Research set a $110.00 price objective on Starbucks in a research note on Monday, August 3rd. Evercore reaffirmed an “outperform” rating and set a $120.00 price objective (up from $115.00) on shares of Starbucks in a research report on Thursday, July 30th. UBS Group reiterated a “neutral” rating and issued a $105.00 target price (down from $112.00) on shares of Starbucks in a research note on Thursday. Finally, DA Davidson restated a “neutral” rating and set a $110.00 price target on shares of Starbucks in a research note on Friday. Twenty-three research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, Starbucks has a consensus rating of “Hold” and an average price target of $110.80.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Some analysts see strategic benefits, including Niccol’s experience leading Chipotle and the possibility of using Starbucks’ international infrastructure to support Chipotle’s expansion. Citi also sees potential strategic rationale, although the deal remains unconfirmed. Citi Sees Strategic Potential in Starbucks-Chipotle Takeover Despite Investor Doubts
• Positive Sentiment: DA Davidson reaffirmed its neutral rating but maintained a $110 price target, implying meaningful upside from recent trading levels. Starbucks also raised its quarterly dividend to $0.63 per share, supporting the income-investment case.
• Neutral Sentiment: The takeover is only exploratory, and DA Davidson estimates approximately a 20% probability that a Starbucks-Chipotle deal will be completed. Neither company has confirmed an agreement, so the immediate market reaction is being driven primarily by speculation. DA Davidson Sees Limited Odds of Starbucks-Chipotle Deal
• Neutral Sentiment: Starbucks is scheduled to report fourth-quarter and full-year fiscal 2026 results after the market close on October 29. Investors will likely seek updates on the turnaround, store growth, margins and management’s capital-allocation priorities. Starbucks Announces Q4 and Full Fiscal Year 2026 Results Conference Call
• Negative Sentiment: Investors fear that acquiring Chipotle would burden Starbucks with substantial new debt and financing costs while its own turnaround remains unfinished. Analysts also question whether management should devote attention to a complex integration rather than improving Starbucks’ traffic, store operations and profitability. Why Buying Chipotle Would Be a Mistake for Starbucks
• Negative Sentiment: The concerns are amplified by Starbucks’ elevated valuation, recent store-closure and growth adjustments, and the company’s need to prove that its turnaround can produce sustainable revenue growth. The reported deal therefore appears to investors as a potentially costly distraction, explaining why SBUX has traded lower while Chipotle rallied on takeover hopes. Wall Street Warns Starbucks Chipotle Takeover Could Backfire

About Starbucks

Starbucks Corporation is a global specialty coffee company that operates coffeehouses and sells coffee, tea and other beverages, along with food products and merchandise. Its menu includes brewed coffee, espresso-based drinks, cold beverages, teas, bakery items and ready-to-eat food. Starbucks also markets packaged coffee, ready-to-drink beverages and related products through retail and grocery channels, often through licensing and other business partnerships.

Founded in Seattle in 1971, Starbucks expanded from a local coffee retailer into an international brand.