Robinhood Asset Management LLC Makes New Investment in Starbucks Corporation $SBUX

Key Points

• Robinhood Asset Management acquired 99,683 Starbucks shares in the second quarter, valued at approximately $10.2 million. Institutional investors collectively own 72.29% of the company.
• Starbucks reported quarterly EPS of $0.85, exceeding the $0.66 consensus estimate, while revenue reached $9.32 billion. Management issued fiscal 2026 EPS guidance of $2.55–$2.65, although revenue declined 1.4% year over year.
• SBUX trades near its 12-month high at roughly $107.49, with a consensus analyst rating of Hold and an average price target of $110.30. The company declared a quarterly dividend of $0.62 per share, equal to a 2.3% yield.

Robinhood Asset Management LLC purchased a new stake in shares of Starbucks Corporation (NASDAQ:SBUX - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 99,683 shares of the coffee company's stock, valued at approximately $10,187,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Meeder Asset Management Inc. purchased a new position in Starbucks during the 2nd quarter valued at about $25,000. Black Cypress Capital Management LLC purchased a new stake in shares of Starbucks in the 2nd quarter worth approximately $27,000. Rachor Investment Advisory Services LLC bought a new position in shares of Starbucks during the fourth quarter valued at approximately $25,000. Phillip James Consulting Co. bought a new position in shares of Starbucks during the fourth quarter valued at approximately $25,000. Finally, Cornerstone Financial Management LLC purchased a new position in Starbucks during the fourth quarter valued at approximately $25,000. 72.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Starbucks

In other news, CEO Brady Brewer sold 2,229 shares of the company's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.99, for a total transaction of $236,251.71. Following the transaction, the chief executive officer owned 75,135 shares in the company, valued at $7,963,558.65. This represents a 2.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 6,687 shares of company stock worth $681,663 in the last 90 days. 0.03% of the stock is currently owned by insiders.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Starbucks’ coffee strategy is drawing renewed investor attention as management focuses on improving the customer experience, store performance and operational execution. Starbucks Coffee Strategy Draws Fresh Attention
• Positive Sentiment: The fall menu includes the return of a 23-year-old customer favorite along with nine new seasonal food and beverage items, providing a potential near-term traffic and sales catalyst. Starbucks Fall Menu 2026
• Positive Sentiment: The limited-time Unicorn Frappuccino reportedly produced Starbucks’ biggest sales weekend ever and lifted traffic 28.5% versus a typical Saturday, supporting the case that innovative promotions can attract customers. Starbucks Unicorn Frappuccino Sales
• Positive Sentiment: Analyst commentary highlights SBUX’s roughly 27% year-to-date advance, stronger traffic, recovering margins and raised guidance. Recent earnings also exceeded expectations, with quarterly EPS of $0.85 versus a $0.66 consensus and revenue of $9.32 billion. Starbucks Stock Gains 27 Percent Year to Date
• Neutral Sentiment: Starbucks has received a consensus analyst rating of “Hold,” suggesting that improving fundamentals are currently balanced against the stock’s already strong rally and execution risks. Starbucks Consensus Hold Rating
• Negative Sentiment: At a premium valuation, SBUX could experience greater volatility if consumer spending weakens or investors reduce expectations for the turnaround. Higher input costs and broader consumer uncertainty remain key risks. High-Flying Stocks With Warning Signs
• Negative Sentiment: Starbucks plans to eliminate more than 200 positions at its Seattle headquarters and shift some roles to Nashville. The restructuring may improve efficiency, but the layoffs could signal ongoing cost and organizational pressure. Starbucks Seattle Headquarters Layoffs

Starbucks Trading Up 0.4%

NASDAQ SBUX opened at $107.49 on Tuesday. The firm's fifty day simple moving average is $104.57 and its two-hundred day simple moving average is $100.53. The firm has a market capitalization of $122.54 billion, a P/E ratio of 61.78, a P/E/G ratio of 1.85 and a beta of 0.97. Starbucks Corporation has a 12-month low of $77.99 and a 12-month high of $110.51.

Starbucks (NASDAQ:SBUX - Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.66 by $0.19. The firm had revenue of $9.32 billion during the quarter, compared to analyst estimates of $9.17 billion. Starbucks had a negative return on equity of 34.10% and a net margin of 5.17%.The business's revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, sell-side analysts predict that Starbucks Corporation will post 2.64 earnings per share 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 $0.62 dividend. This represents a $2.48 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, August 14th. Starbucks's dividend payout ratio (DPR) is currently 142.53%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Weiss Ratings restated a "hold (c)" rating on shares of Starbucks in a report on Monday, July 20th. Citigroup boosted their price target on Starbucks from $108.00 to $112.00 and gave the stock a "neutral" rating in a research report on Thursday, July 30th. BMO Capital Markets restated an "outperform" rating and set a $130.00 price objective on shares of Starbucks in a research note on Thursday, July 30th. UBS Group raised their price objective on Starbucks from $105.00 to $112.00 and gave the company a "neutral" rating in a research report on Thursday, July 30th. Finally, Stephens assumed coverage on shares of Starbucks in a report on Thursday, May 14th. They issued an "overweight" rating for the company. Nineteen research 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. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $110.30.

About Starbucks

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.

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