Royal London Asset Management Ltd. Grows Stake in Sprouts Farmers Market, Inc. $SFM

Royal London Asset Management Ltd. grew its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 2.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 257,622 shares of the company’s stock after purchasing an additional 7,133 shares during the quarter. Royal London Asset Management Ltd. owned 0.28% of Sprouts Farmers Market worth $21,790,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Newbridge Financial Services Group Inc. purchased a new position in Sprouts Farmers Market in the 2nd quarter worth approximately $29,000. TD Private Client Wealth LLC boosted its stake in shares of Sprouts Farmers Market by 1,309.1% in the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock valued at $25,000 after purchasing an additional 288 shares during the period. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Sprouts Farmers Market during the 1st quarter valued at $25,000. Bell Investment Advisors Inc purchased a new stake in Sprouts Farmers Market during the 2nd quarter worth $29,000. Finally, Clearstead Advisors LLC lifted its holdings in Sprouts Farmers Market by 72.7% in the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after buying an additional 160 shares in the last quarter.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on SFM. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Roth Capital set a $82.00 price target on Sprouts Farmers Market in a report on Friday, July 31st. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Monday, July 27th. JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $80.00 to $103.00 in a report on Thursday, July 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $91.58.

View Our Latest Stock Report on SFM

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $81.46 on Monday. The firm has a market cap of $7.60 billion, a PE ratio of 15.61, a price-to-earnings-growth ratio of 2.02 and a beta of 0.68. The firm’s 50-day simple moving average is $81.82 and its 200-day simple moving average is $79.65. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $141.78.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period last year, the firm earned $1.35 earnings per share. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. Equities analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.

Insider Transactions at Sprouts Farmers Market

In related news, CEO Jack Sinclair sold 10,790 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $82.04, for a total transaction of $885,211.60. Following the sale, the chief executive officer owned 269,980 shares in the company, valued at $22,149,159.20. This represents a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O’leary sold 2,597 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $82.57, for a total value of $214,434.29. Following the transaction, the director directly owned 14,710 shares of the company’s stock, valued at $1,214,604.70. This trade represents a 15.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 58,289 shares of company stock worth $4,991,405. 1.30% of the stock is currently owned by corporate insiders.

About Sprouts Farmers Market

(Free Report)

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.

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Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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