Rep. Kevin Hern (R-OK) Sells Starbucks (SBUX) Stock

Oklahoma Congressman Kevin Hern sold shares of Starbucks Corporation (SBUX) on September 2, 2026. The sale was valued between $1,001 and $15,000. The transaction was reported on September 25, 2026, and reflects Hern's ongoing adjustments to his investment portfolio.

Inside Kevin Hern's Trade

Hern's sale of Starbucks shares fits into a pattern of recent trades. On the same day, he sold shares of several other companies, including VUZI and ONEOK. His trade in Starbucks adds to his portfolio adjustments this month, as he continues to manage his investments actively.

Other Institutional Activity in Starbucks

Several funds are also adjusting their positions in Starbucks. Capital Research Global Investors increased its stake by 7.3 million shares, bringing its total to 109.6 million shares valued at about $10.7 billion. Blackrock Inc. added 3.7 million shares for a total of 83.2 million shares worth approximately $8.1 billion. In contrast, Capital World Investors reduced its holdings by 11.5%, resulting in 91.5 million shares valued at about $8.9 billion.

Starbucks Corporation Stock Up 4.1%

Starbucks shares currently trade at $97.04, up from $93.25 at the previous close. This price indicates a slight recovery from a 52-week low of $77.99. With a market cap of approximately $110.4 billion, the stock remains a key player in the consumer cyclical sector.

Recent Earnings

In its latest fiscal year, Starbucks reported revenue of approximately $38.3 billion, a slight decline compared to the previous year. The company's earnings per share (EPS) stood at $1.73, and its net profit margin was about 5.2%. The next earnings report is set for October 29, 2026.

Analysts Set New Price Targets

On October 9, 2026, DA Davidson maintained a Neutral rating on Starbucks with a price target of $110.00. UBS also kept its Neutral rating but lowered its target to $105.00 on October 8, 2026. Meanwhile, BTIG reaffirmed a Buy rating with a target of $115.00 on July 31, 2026. The consensus among analysts recommends a Buy with a mean target price of $110.97 based on 29 opinions.

About Starbucks Corporation

Starbucks Corporation operates as a global coffee company, offering a range of beverages and food items through its stores. Known for its coffee, tea, and snacks, the company has a significant footprint with over 381,000 employees and numerous locations worldwide. Hern's recent trade reflects his engagement with the market as Starbucks navigates current economic conditions.

Bottom Line

Investors should keep an eye on Starbucks as it approaches its next earnings date on October 29, 2026. The recent trades by Congressman Hern and other institutional activities could signal shifts in market sentiment. Remember that this transaction reflects Hern's position as of September 2, 2026, and may not represent his current holdings.