Dearborn Partners LLC Purchases Shares of 37,661 Starbucks Corporation $SBUX

Posted by George Bondi on Aug 26th, 2026

Dearborn Partners LLC bought a new stake in Starbucks Corporation (NASDAQ:SBUX – Free Report) during the 2nd quarter, Holdings Channel.com reports. The firm bought 37,661 shares of the coffee company’s stock, valued at approximately $3,374,000.

Other hedge funds also recently made changes to their positions in the company. Meeder Asset Management Inc. bought a new position in Starbucks in the second quarter valued at $25,000. Black Cypress Capital Management LLC bought a new stake in Starbucks during the 2nd quarter worth about $27,000. Rachor Investment Advisory Services LLC bought a new stake in Starbucks during the 4th quarter worth about $25,000. Phillip James Consulting Co. acquired a new position in shares of Starbucks during the 4th quarter worth about $25,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of Starbucks in the 4th quarter valued at about $25,000. 72.29% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Starbucks news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the completion of the transaction, the chief executive officer directly owned 75,135 shares of the company’s stock, valued at $7,963,558.65. The trade was a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,687 shares of company stock worth $681,663 over the last three months. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on SBUX shares. Piper Sandler reissued an “overweight” rating and set a $110.00 price target on shares of Starbucks in a research report on Wednesday, April 29th. Guggenheim initiated coverage on Starbucks in a research note on Monday, August 3rd. They set a “buy” rating on the stock. Raymond James Financial downgraded Starbucks to an “outperform” rating in a report on Monday, August 3rd. TD Cowen reissued a “buy” rating on shares of Starbucks in a research note on Tuesday, August 18th. Finally, Stephens initiated coverage on shares of Starbucks in a report on Thursday, May 14th. They set an “overweight” rating on the stock. Nineteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $110.30.

Check Out Our Latest Stock Report on Starbucks

Starbucks News Summary

Here are the key news stories impacting Starbucks this week:

Positive Sentiment: Seasonal promotions are supporting the turnaround. Starbucks launched its fall menu and Pumpkin Spice Latte season, while the limited-time Unicorn Frappuccino reportedly generated the company’s highest sales weekend on record and lifted traffic 28.5% above a typical Saturday. New offerings, including the Blueberry Matcha Daily Fiber Bar, are also intended to drive visits and strengthen the “Back to Starbucks” strategy. Starbucks Unicorn Frappuccino drives biggest sales weekend ever
Positive Sentiment: Analyst sentiment remains constructive. Baird initiated coverage with an Outperform rating and a $124 price target, implying additional upside based on expectations for improved traffic, margin recovery and continued execution of the turnaround. Starbucks has also reported better-than-expected recent earnings and maintained fiscal 2026 EPS guidance of $2.55–$2.65. Baird sees upside for Starbucks
Neutral Sentiment: Corporate restructuring continues. Starbucks plans to eliminate more than 200 Seattle-area corporate positions and shift some roles to Nashville. The cuts could reduce costs and streamline operations, but they also highlight ongoing execution challenges and may create transition or morale risks. Starbucks is cutting more than 200 jobs
Negative Sentiment: Labor conflict is the main near-term overhang. Starbucks Workers United is urging more than 12,000 unionized baristas and customers to boycott the chain during the Pumpkin Spice Latte launch until management reaches a contract agreement. The financial impact depends on participation, but a sustained boycott could undermine the traffic gains investors are watching and add reputational and labor costs. Starbucks union calls for boycott

Starbucks Stock Down 1.6%

Shares of NASDAQ SBUX opened at $105.76 on Wednesday. The business’s 50 day moving average price is $104.65 and its two-hundred day moving average price is $100.59. The company has a market cap of $120.57 billion, a PE ratio of 60.78, a price-to-earnings-growth ratio of 1.86 and a beta of 0.97. Starbucks Corporation has a twelve month low of $77.99 and a twelve month high of $110.51.

Starbucks (NASDAQ:SBUX – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $9.17 billion. During the same period last year, the firm posted $0.50 earnings per share. The business’s revenue was down 1.4% on a year-over-year basis. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, research analysts anticipate that Starbucks Corporation will post 2.64 EPS for the current fiscal year.

Starbucks Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 14th will be issued a dividend of $0.62 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.48 annualized dividend and a yield of 2.3%. Starbucks’s dividend payout ratio (DPR) is currently 142.53%.

About Starbucks

(Free Report)

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.