Sprouts Farmers Market, Inc. $SFM Holdings Increased by AMF Tjanstepension AB

AMF Tjanstepension AB boosted its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 2.7% during the 1st quarter, Holdings Channel.com reports. The fund owned 855,628 shares of the company’s stock after purchasing an additional 22,863 shares during the quarter. AMF Tjanstepension AB’s holdings in Sprouts Farmers Market were worth $65,995,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Applied Finance Capital Management LLC acquired a new position in shares of Sprouts Farmers Market in the 1st quarter valued at about $209,000. Carnegie Investment Counsel boosted its position in shares of Sprouts Farmers Market by 183.6% in the first quarter. Carnegie Investment Counsel now owns 13,613 shares of the company’s stock valued at $1,050,000 after acquiring an additional 8,813 shares during the period. Fifth Third Bancorp increased its holdings in Sprouts Farmers Market by 1,125.6% in the 1st quarter. Fifth Third Bancorp now owns 41,057 shares of the company’s stock valued at $3,167,000 after buying an additional 37,707 shares during the period. Kornitzer Capital Management Inc. KS bought a new stake in Sprouts Farmers Market in the first quarter valued at about $3,738,000. Finally, Hsbc Holdings PLC lifted its holdings in shares of Sprouts Farmers Market by 16.3% during the first quarter. Hsbc Holdings PLC now owns 17,699 shares of the company’s stock valued at $1,370,000 after acquiring an additional 2,482 shares during the period.

Insider Buying and Selling

In other Sprouts Farmers Market news, COO Nicholas Konat sold 12,538 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the completion of the sale, the chief operating officer directly owned 66,119 shares in the company, valued at $5,811,860.10. This trade represents a 15.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Brandon F. Lombardi sold 406 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $82.04, for a total value of $33,308.24. Following the transaction, the insider owned 6,801 shares in the company, valued at approximately $557,954.04. This trade represents a 5.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 45,310 shares of company stock valued at $3,873,881. Company insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SFM. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. Melius Research lowered Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price target on the stock. in a research report on Monday, April 6th. JPMorgan Chase & Co. raised their price objective on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $96.08.

Sprouts Farmers Market Stock Performance

NASDAQ SFM opened at $80.86 on Monday. The company has a market cap of $7.60 billion, a PE ratio of 15.55, a PEG ratio of 1.71 and a beta of 0.67. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $171.15. The stock has a 50 day moving average of $84.07 and a 200-day moving average of $78.25.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the company earned $1.81 earnings per share. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. On average, equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.

Sprouts Farmers Market Profile

Sprouts Farmers Market, Inc (NASDAQ: SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Headquartered in Phoenix, Arizona, the company operates stores designed to offer an open-market shopping experience, emphasizing quality produce sourced from regional farmers alongside organic pantry staples, dairy, meat and seafood. Sprouts’ product assortment also includes bulk foods, vitamins and supplements, a deli and prepared foods, reflecting its commitment to wellness and affordable healthy living.

Founded in 2002 by members of the Boney family, Sprouts began as a single farmers market in Chandler, Arizona.