Starbucks (NASDAQ:SBUX) Shares Unloaded Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently sold shares of Starbucks Co. NASDAQ: SBUX. In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Starbucks stock on April 21st. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UniCredit OTCMKTS: UNCRY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Siemens Aktiengesellschaft OTCMKTS: SIEGY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of GSK NYSE: GSK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Chevron NYSE: CVX on 4/21/2025.

Starbucks Stock Down 1.1%

NASDAQ:SBUX traded down $0.96 during mid-day trading on Monday, hitting $84.61. 9,561,783 shares of the company traded hands, compared to its average volume of 11,203,589. The stock's fifty day moving average price is $87.87 and its 200-day moving average price is $96.39. Starbucks Co. has a one year low of $71.55 and a one year high of $117.46. The firm has a market cap of $96.15 billion, a price-to-earnings ratio of 27.29, a price-to-earnings-growth ratio of 3.59 and a beta of 0.99.

Starbucks (NASDAQ:SBUX - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The coffee company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.10). Starbucks had a net margin of 9.73% and a negative return on equity of 44.97%. The company had revenue of $8.76 billion for the quarter, compared to the consensus estimate of $8.90 billion. During the same period in the prior year, the firm posted $0.68 EPS. The business's revenue for the quarter was up 2.3% on a year-over-year basis. Equities analysts predict that Starbucks Co. will post 2.99 EPS for the current year.

Starbucks Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date is Friday, May 16th. Starbucks's dividend payout ratio (DPR) is presently 88.41%.

Institutional Investors Weigh In On Starbucks

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of Starbucks in the fourth quarter worth approximately $25,000. Hughes Financial Services LLC purchased a new stake in shares of Starbucks in the first quarter worth approximately $27,000. Financial Life Planners purchased a new stake in shares of Starbucks in the fourth quarter worth approximately $25,000. Graney & King LLC purchased a new stake in shares of Starbucks in the fourth quarter worth approximately $26,000. Finally, Collier Financial purchased a new stake in shares of Starbucks in the fourth quarter worth approximately $27,000. 72.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SBUX. UBS Group cut their price target on Starbucks from $105.00 to $90.00 and set a "neutral" rating for the company in a report on Monday, April 28th. Baird R W lowered Starbucks from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 7th. Guggenheim dropped their price objective on Starbucks from $95.00 to $83.00 and set a "neutral" rating for the company in a research note on Tuesday, April 29th. StockNews.com raised Starbucks from a "sell" rating to a "hold" rating in a research note on Saturday, May 10th. Finally, Barclays dropped their price objective on Starbucks from $106.00 to $98.00 and set an "overweight" rating for the company in a research note on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat, Starbucks presently has an average rating of "Moderate Buy" and a consensus price target of $98.72.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

Starbucks Company Profile

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.