Rep. Lisa C. McClain Sells Starbucks Corporation (NASDAQ:SBUX) Shares

Representative Lisa C. McClain (R-Michigan) recently sold shares of Starbucks Corporation (NASDAQ:SBUX). In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Starbucks stock on June 24th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Autoliv (NYSE:ALV) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of Arthur J. Gallagher & Co. (NYSE:AJG) on 8/4/2025.
• Sold $1,001 – $15,000 in shares of SAP (NYSE:SAP) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of XPO (NYSE:XPO) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Lithia Motors (NYSE:LAD) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Sanofi (NASDAQ:SNY) on 7/22/2025.
• Sold $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 7/22/2025.
• Purchased $1,001 – $15,000 in shares of Group 1 Automotive (NYSE:GPI) on 7/22/2025.

Starbucks Price Performance

Shares of NASDAQ:SBUX opened at $92.54 on Tuesday. The company has a market capitalization of $105.19 billion, a price-to-earnings ratio of 39.89, a P/E/G ratio of 5.32 and a beta of 1.02. The business’s 50-day moving average is $92.83 and its 200-day moving average is $93.88. Starbucks Corporation has a 1 year low of $75.50 and a 1 year high of $117.46.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Tuesday, July 29th. The coffee company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.14). The business had revenue of $9.46 billion during the quarter, compared to analyst estimates of $9.29 billion. Starbucks had a net margin of 7.18% and a negative return on equity of 36.23%. The firm’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.93 earnings per share. Analysts anticipate that Starbucks Corporation will post 2.99 EPS for the current year.

Starbucks Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, August 15th. Starbucks’s payout ratio is currently 105.17%.

Analysts Set New Price Targets

SBUX has been the subject of a number of research analyst reports. Guggenheim boosted their target price on Starbucks from $79.00 to $90.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st. Loop Capital set a $165.00 target price on Starbucks in a report on Tuesday, August 12th. Baird R W upgraded Starbucks from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 12th. Evercore ISI reiterated an “outperform” rating and issued a $105.00 price objective (up previously from $95.00) on shares of Starbucks in a research note on Tuesday, June 24th. Finally, Robert W. Baird upgraded Starbucks from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $100.00 to $115.00 in a research report on Tuesday, August 12th. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Starbucks has a consensus rating of “Hold” and an average target price of $103.65.

Institutional Trading of Starbucks

A number of institutional investors have recently modified their holdings of the company. Tyler Stone Wealth Management purchased a new stake in Starbucks in the second quarter worth about $202,000. Semper Augustus Investments Group LLC increased its position in shares of Starbucks by 3.2% during the second quarter. Semper Augustus Investments Group LLC now owns 239,081 shares of the coffee company’s stock valued at $21,907,000 after acquiring an additional 7,379 shares in the last quarter. Parr Mcknight Wealth Management Group LLC grew its position in Starbucks by 11.7% in the 2nd quarter. Parr Mcknight Wealth Management Group LLC now owns 41,506 shares of the coffee company’s stock worth $3,803,000 after purchasing an additional 4,352 shares during the period. CANADA LIFE ASSURANCE Co grew its position in Starbucks by 3.0% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 1,269,068 shares of the coffee company’s stock worth $116,442,000 after purchasing an additional 37,533 shares during the period. Finally, 44 Wealth Management LLC boosted its stake in shares of Starbucks by 5.4% during the 2nd quarter. 44 Wealth Management LLC now owns 3,675 shares of the coffee company’s stock worth $337,000 after acquiring an additional 188 shares during the last quarter. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Starbucks

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.