Representative Josh Gottheimer (D-New Jersey) recently sold shares of Starbucks Co. NASDAQ: SBUX. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Starbucks stock on April 17th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
- Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
- Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
- Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
- Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
- Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
- Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
- Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
- Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
- Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.
Starbucks Stock Performance
Starbucks stock opened at $87.26 on Friday. The firm has a market cap of $99.16 billion, a PE ratio of 28.15, a P/E/G ratio of 3.59 and a beta of 0.99. The firm's 50 day moving average price is $88.43 and its two-hundred day moving average price is $96.58. Starbucks Co. has a twelve month low of $71.55 and a twelve month high of $117.46.
Starbucks (NASDAQ:SBUX - Get Free Report) last released its quarterly earnings data 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). The business had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.90 billion. Starbucks had a net margin of 9.73% and a negative return on equity of 44.97%. The firm's revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.68 EPS. Equities analysts anticipate that Starbucks Co. will post 2.99 EPS for the current fiscal year.
Starbucks Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a $0.61 dividend. The ex-dividend date is Friday, May 16th. This represents a $2.44 annualized dividend and a yield of 2.80%. Starbucks's dividend payout ratio is presently 88.41%.
Institutional Trading of Starbucks
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Starbucks by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 112,059,570 shares of the coffee company's stock worth $10,991,923,000 after purchasing an additional 953,361 shares in the last quarter. Capital World Investors lifted its holdings in shares of Starbucks by 20.1% in the 4th quarter. Capital World Investors now owns 54,924,230 shares of the coffee company's stock worth $5,011,796,000 after purchasing an additional 9,174,682 shares in the last quarter. FMR LLC lifted its holdings in shares of Starbucks by 27.0% in the 4th quarter. FMR LLC now owns 25,128,649 shares of the coffee company's stock worth $2,292,989,000 after purchasing an additional 5,348,790 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Starbucks by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 24,826,001 shares of the coffee company's stock worth $2,259,516,000 after purchasing an additional 548,245 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of Starbucks by 22.3% in the 1st quarter. Wellington Management Group LLP now owns 19,414,472 shares of the coffee company's stock worth $1,904,366,000 after purchasing an additional 3,545,655 shares in the last quarter. Institutional investors and hedge funds own 72.29% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have weighed in on SBUX shares. Wedbush increased their price target on shares of Starbucks from $95.00 to $100.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. TD Securities reduced their price target on shares of Starbucks from $102.00 to $90.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. StockNews.com raised shares of Starbucks from a "sell" rating to a "hold" rating in a report on Saturday, May 10th. Baird R W downgraded shares of Starbucks from a "strong-buy" rating to a "hold" rating in a report on Monday, April 7th. Finally, Guggenheim reduced their price objective on shares of Starbucks from $95.00 to $83.00 and set a "neutral" rating for the company in a report on Tuesday, April 29th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $98.72.
Read Our Latest Report on Starbucks
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
About Starbucks
(
Get Free Report)
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.
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