Representative Pete Sessions (Republican-Texas) recently sold shares of Starbucks Corporation (NASDAQ:SBUX). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $15,001 and $50,000 in Starbucks stock on October 2nd.
Representative Pete Sessions also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
- Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
- Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
- Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
- Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
- Sold $0 – $1,000 in shares of Resideo Technologies (NYSE:REZI) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
- Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.
Starbucks Price Performance
Starbucks stock opened at $103.20 on Thursday. Starbucks Corporation has a one year low of $77.99 and a one year high of $110.51. The company has a market capitalization of $117.65 billion, a PE ratio of 59.31, a price-to-earnings-growth ratio of 1.44 and a beta of 0.98. The business has a 50 day simple moving average of $99.25 and a 200 day simple moving average of $99.55.
Starbucks (NASDAQ:SBUX – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 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 net margin of 5.17% and a negative return on equity of 34.10%. The company’s revenue was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.50 EPS. Equities analysts anticipate that Starbucks Corporation will post 2.65 earnings per share for the current fiscal 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 paid a $0.63 dividend. The ex-dividend date is Friday, November 13th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.4%. This is a positive change from Starbucks’s previous quarterly dividend of $0.62. Starbucks’s dividend payout ratio is currently 144.83%.
Insider Buying and Selling
In other Starbucks news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $105.60, for a total transaction of $235,382.40. Following the sale, the chief executive officer directly owned 73,149 shares of the company’s stock, valued at approximately $7,724,534.40. The trade was a 2.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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. Insiders have sold a total of 6,687 shares of company stock worth $685,935 in the last three months. 0.03% of the stock is owned by company insiders.
Analysts Set New Price Targets
SBUX has been the topic of a number of research reports. BMO Capital Markets reissued an “outperform” rating and issued a $130.00 price objective (up from $120.00) on shares of Starbucks in a research report on Thursday, July 30th. Piper Sandler increased their price target on shares of Starbucks from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. BTIG Research reiterated a “buy” rating on shares of Starbucks in a research report on Thursday, October 8th. Melius Research set a $110.00 target price on Starbucks in a report on Monday, August 3rd. Finally, Rothschild & Co Redburn lifted their price objective on shares of Starbucks from $81.00 to $82.00 and gave the company a “sell” rating in a research note on Wednesday, September 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 company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.14.
View Our Latest Stock Analysis on SBUX
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Meeder Asset Management Inc. acquired a new stake in shares of Starbucks during the 2nd quarter valued at about $25,000. Black Cypress Capital Management LLC bought a new stake in Starbucks in the second quarter valued at about $27,000. Financial Freedom LLC raised its position in Starbucks by 296.2% in the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock worth $28,000 after purchasing an additional 234 shares in the last quarter. Center for Financial Planning Inc. raised its position in Starbucks by 125.2% in the third quarter. Center for Financial Planning Inc. now owns 295 shares of the coffee company’s stock worth $28,000 after purchasing an additional 164 shares in the last quarter. Finally, John Boyer Inc. bought a new position in Starbucks during the third quarter worth about $31,000. Hedge funds and other institutional investors own 72.29% of the company’s stock.
Key Headlines Impacting Starbucks
Here are the key news stories impacting Starbucks this week:
- Positive Sentiment: Analysts expect quarterly earnings per share of approximately $0.71 on revenue of about $9.23 billion. Investors will be watching for stronger U.S. comparable-store sales, benefits from cost reductions and progress under CEO Brian Niccol’s “Back to Starbucks” turnaround strategy. Starbucks likely to report higher Q4 earnings
- Positive Sentiment: Starbucks continues to support shareholder returns with another annual dividend increase, maintaining a streak that began in 2010. The payout and the company’s roughly $2.9 billion annual dividend commitment may appeal to income-focused investors, provided free cash flow remains sufficient to cover it. Starbucks dividend increase
- Neutral Sentiment: Options markets imply a potentially large post-earnings move of about 6.33%, highlighting elevated event risk. The report could produce significant volatility depending on comparable sales, margins, China’s licensed-store transition and management’s outlook. Starbucks options imply a 6.33% move
- Negative Sentiment: Analysts have modestly reduced their average fair-value estimate from approximately $112.23 to $109.93, reflecting caution after the stock’s advance. With Starbucks trading at about 59 times earnings, any disappointment in sales growth or margins could pressure the shares. Starbucks fair-value estimate cut
- Negative Sentiment: New filings indicate additional coffeehouse and airport-location closures, underscoring ongoing restructuring and potential job losses. While closures may improve efficiency, they also signal challenges in the company’s store economics and turnaround execution. Starbucks store closures
About Representative Sessions
Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.
Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.
On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.
Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.
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.
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