Rep. Kevin Hern Unloads Shares of Starbucks Corporation (NASDAQ:SBUX)

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Starbucks Corporation (NASDAQ:SBUX). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in Starbucks stock on September 2nd. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

Starbucks Stock Performance

Shares of NASDAQ SBUX traded up $0.29 during mid-day trading on Tuesday, reaching $95.56. The company had a trading volume of 855,208 shares, compared to its average volume of 7,942,432. The stock’s 50 day moving average is $103.04 and its 200-day moving average is $101.13. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $110.51. The stock has a market capitalization of $108.94 billion, a PE ratio of 54.84, a price-to-earnings-growth ratio of 1.65 and a beta of 0.97.

Starbucks (NASDAQ:SBUX) last posted its quarterly earnings results on Wednesday, July 29th. The coffee company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The company had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.17 billion. During the same period last year, the business earned $0.50 EPS. The business’s quarterly revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. On average, sell-side analysts anticipate that Starbucks Corporation will post 2.62 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SBUX. QRG Capital Management Inc. raised its holdings in Starbucks by 10.5% during the 2nd quarter. QRG Capital Management Inc. now owns 159,617 shares of the coffee company’s stock worth $16,311,000 after buying an additional 15,211 shares during the period. State Street Corp increased its holdings in Starbucks by 3.2% during the second quarter. State Street Corp now owns 49,260,268 shares of the coffee company’s stock worth $5,033,907,000 after buying an additional 1,530,497 shares during the last quarter. Smith Chas P & Associates PA Cpas acquired a new stake in Starbucks in the second quarter valued at $204,000. Marathon Wealth Advisors LLC grew its position in shares of Starbucks by 1.9% in the 2nd quarter. Marathon Wealth Advisors LLC now owns 13,128 shares of the coffee company’s stock valued at $1,342,000 after acquiring an additional 246 shares during the period. Finally, Capstone Financial Advisors Inc. bought a new stake in shares of Starbucks in the 2nd quarter valued at about $2,981,000. 72.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently issued reports on SBUX. UBS Group upped their price target on Starbucks from $105.00 to $112.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Wells Fargo & Company downgraded shares of Starbucks from an “overweight” rating to an “underweight” rating in a report on Monday, August 3rd. Robert W. Baird upgraded Starbucks to a “strong-buy” rating in a research note on Monday, August 24th. Citigroup increased their target price on Starbucks from $108.00 to $112.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Finally, Seaport Research Partners started coverage on Starbucks in a report on Wednesday, September 16th. They set a “neutral” rating for the company. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Starbucks currently has an average rating of “Hold” and a consensus price target of $110.48.

Key Headlines Impacting Starbucks

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks’ turnaround is reportedly bringing customers back, with improving traffic and operational initiatives supporting the recovery. However, investors will be watching whether margin improvement can offset elevated costs. Starbucks turnaround and customer recovery
• Positive Sentiment: The company plans to establish a global capability center in Chennai, India, and hire approximately 800 technology employees. The investment could improve digital capabilities and support Starbucks’ broader turnaround, although it is unlikely to materially affect near-term earnings. Starbucks India technology expansion
• Neutral Sentiment: Starbucks is closing roughly 250 underperforming North American stores, about 1% of its regional locations. Management says the closures are part of a portfolio reset rather than solely a response to weak sales, while capital is being redirected toward store retrofits and higher-performing locations. Starbucks store closures
• Negative Sentiment: The restructuring carries an estimated $300 million charge, includes a reduction in new-store guidance and comes as analysts highlight Starbucks’ cost and growth pressures. Those factors could weigh on near-term profitability and investor confidence. Starbucks restructuring and store closures
• Negative Sentiment: A nonprofit says many Starbucks plastic cold-drink cups placed in recycling bins ultimately went to landfills or incinerators, creating potential reputational, regulatory and sustainability risks. Starbucks recyclable cup criticism
• Negative Sentiment: Compared with McDonald’s, Starbucks is viewed as having a higher valuation and greater execution risk, which may limit upside until the turnaround produces more consistent results. McDonald’s versus Starbucks comparison

Insider Transactions at Starbucks

In related news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $105.60, for a total transaction of $235,382.40. Following the completion of the transaction, the chief executive officer owned 73,149 shares in the company, valued at approximately $7,724,534.40. This trade represents a 2.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 6,687 shares of company stock valued at $703,450. Company insiders own 0.03% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

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.