Retirement Systems of Alabama Has $24.25 Million Holdings in Sprouts Farmers Market, Inc. $SFM

Retirement Systems of Alabama grew its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 48.1% in the fourth quarter, Holdings Channel reports. The fund owned 304,396 shares of the company’s stock after acquiring an additional 98,831 shares during the quarter. Retirement Systems of Alabama’s holdings in Sprouts Farmers Market were worth $24,251,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in Sprouts Farmers Market during the 3rd quarter worth $26,000. Newbridge Financial Services Group Inc. acquired a new position in Sprouts Farmers Market in the 2nd quarter worth about $29,000. Smartleaf Asset Management LLC raised its position in Sprouts Farmers Market by 98.6% in the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company’s stock valued at $31,000 after purchasing an additional 141 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in Sprouts Farmers Market in the third quarter valued at about $33,000. Finally, FWL Investment Management LLC boosted its stake in shares of Sprouts Farmers Market by 72.5% during the third quarter. FWL Investment Management LLC now owns 426 shares of the company’s stock valued at $46,000 after purchasing an additional 179 shares in the last quarter.

Sprouts Farmers Market Trading Down 1.6%

NASDAQ SFM opened at $75.86 on Thursday. The firm has a market capitalization of $7.17 billion, a PE ratio of 14.31, a price-to-earnings-growth ratio of 1.66 and a beta of 0.67. The business’s 50-day moving average price is $73.68 and its two-hundred day moving average price is $85.14. The company has a current ratio of 0.93, a quick ratio of 0.44 and a debt-to-equity ratio of 0.06. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The company had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.15 billion. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.The firm’s revenue was up 7.6% compared to the same quarter last year. During the same period last year, the company earned $0.79 earnings per share. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. On average, analysts expect that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Analyst Upgrades and Downgrades

SFM has been the topic of several research reports. UBS Group reduced their price target on Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Roth Mkm reiterated a “neutral” rating and set a $74.00 target price on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Wells Fargo & Company reduced their target price on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a report on Friday, February 20th. BMO Capital Markets restated a “market perform” rating and issued a $70.00 price target on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Finally, Wall Street Zen downgraded shares of Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $101.75.

Insider Activity

In other news, CEO Jack Sinclair sold 57,644 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $80.82, for a total transaction of $4,658,788.08. Following the completion of the sale, the chief executive officer directly owned 277,935 shares in the company, valued at $22,462,706.70. This represents a 17.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Brandon F. Lombardi sold 11,745 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $81.59, for a total transaction of $958,274.55. Following the sale, the insider owned 8,262 shares of the company’s stock, valued at approximately $674,096.58. This trade represents a 58.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 129,750 shares of company stock worth $10,566,838. 1.10% of the stock is owned by insiders.

About Sprouts Farmers Market

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.