Robeco Institutional Asset Management B.V. Boosts Stock Holdings in Sprouts Farmers Market, Inc. $SFM

Robeco Institutional Asset Management B.V. increased its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 63.5% in the third quarter, Holdings Channel.com reports. The fund owned 404,688 shares of the company’s stock after purchasing an additional 157,123 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Sprouts Farmers Market were worth $44,030,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SFM. Baird Financial Group Inc. bought a new stake in shares of Sprouts Farmers Market in the 1st quarter worth $301,000. Advisors Asset Management Inc. bought a new position in shares of Sprouts Farmers Market during the first quarter valued at $295,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Sprouts Farmers Market by 4.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 68,946 shares of the company’s stock valued at $10,524,000 after buying an additional 2,708 shares during the last quarter. Caxton Associates LLP bought a new stake in Sprouts Farmers Market in the 1st quarter worth about $633,000. Finally, Ascent Group LLC purchased a new position in Sprouts Farmers Market in the 1st quarter worth about $204,000.

Sprouts Farmers Market Trading Down 2.9%

NASDAQ:SFM opened at $74.73 on Thursday. Sprouts Farmers Market, Inc. has a one year low of $74.68 and a one year high of $182.00. The business has a fifty day moving average price of $80.91 and a 200-day moving average price of $118.20. The firm has a market capitalization of $7.28 billion, a price-to-earnings ratio of 14.45, a price-to-earnings-growth ratio of 0.84 and a beta of 0.73. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.05 and a quick ratio of 0.53.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Wednesday, October 29th. The company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. The business had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.23 billion. Sprouts Farmers Market had a return on equity of 38.03% and a net margin of 5.93%.Sprouts Farmers Market’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.91 earnings per share. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. Sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Insider Buying and Selling

In other Sprouts Farmers Market news, insider Dustin Hamilton sold 868 shares of the firm’s stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $108.50, for a total transaction of $94,178.00. Following the sale, the insider owned 15,481 shares in the company, valued at approximately $1,679,688.50. This trade represents a 5.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Alisa Gmelich sold 3,161 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $79.39, for a total transaction of $250,951.79. Following the sale, the chief marketing officer owned 5,552 shares in the company, valued at $440,773.28. The trade was a 36.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 21,500 shares of company stock valued at $1,833,659. 1.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SFM. Wall Street Zen downgraded shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Sunday, December 21st. UBS Group set a $108.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, October 30th. Barclays lowered their price target on Sprouts Farmers Market from $185.00 to $122.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Zacks Research cut Sprouts Farmers Market from a “hold” rating to a “strong sell” rating in a research report on Friday, October 31st. Finally, The Goldman Sachs Group lowered their target price on Sprouts Farmers Market from $178.00 to $152.00 and set a “buy” rating on the stock in a report on Thursday, October 30th. Nine equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $137.86.

Sprouts Farmers Market Company 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.