Illinois Municipal Retirement Fund Has $4.18 Million Position in Sprouts Farmers Market, Inc. $SFM

Illinois Municipal Retirement Fund lifted its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 31.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,165 shares of the company’s stock after purchasing an additional 12,834 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Sprouts Farmers Market were worth $4,178,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in SFM. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Sprouts Farmers Market by 260.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 24,644 shares of the company’s stock worth $1,963,000 after buying an additional 17,812 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Sprouts Farmers Market by 848.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 33,300 shares of the company’s stock valued at $2,685,000 after acquiring an additional 29,788 shares in the last quarter. Fulcrum Asset Management LLP acquired a new stake in shares of Sprouts Farmers Market during the 4th quarter valued at $1,333,000. Eurizon Capital SGR S.p.A. bought a new stake in Sprouts Farmers Market during the 4th quarter worth $4,841,000. Finally, Danske Bank A S grew its position in Sprouts Farmers Market by 20.6% during the 4th quarter. Danske Bank A S now owns 146,196 shares of the company’s stock worth $11,647,000 after acquiring an additional 24,936 shares during the last quarter.

Analysts Set New Price Targets

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

Sprouts Farmers Market Price Performance

Sprouts Farmers Market stock opened at $75.78 on Friday. The stock’s 50 day moving average is $83.57 and its 200 day moving average is $78.13. Sprouts Farmers Market, Inc. has a one year low of $64.75 and a one year high of $170.49. The firm has a market cap of $7.13 billion, a P/E ratio of 14.57, a P/E/G ratio of 1.60 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.04. The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The company’s revenue was up 4.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.81 EPS. 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. As a group, research analysts expect that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.

Insider Transactions at Sprouts Farmers Market

In related news, COO Nicholas Konat sold 12,538 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total value of $1,102,090.20. Following the transaction, the chief operating officer owned 66,119 shares in the company, valued at $5,811,860.10. The trade was a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $84.87, for a total transaction of $915,577.56. Following the sale, the chief executive officer directly owned 269,980 shares in the company, valued at $22,913,202.60. This trade represents a 3.84% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 45,310 shares of company stock worth $3,873,881 over the last three months. 1.30% of the stock is owned by company insiders.

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.