Havemeyer Place LP Invests $1.60 Million in Sprouts Farmers Market, Inc. $SFM

Havemeyer Place LP acquired a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 20,138 shares of the company’s stock, valued at approximately $1,604,000.

A number of other large investors also recently modified their holdings of SFM. Focus Partners Wealth acquired a new position in shares of Sprouts Farmers Market during the 1st quarter worth about $400,000. Baird Financial Group Inc. boosted its stake in shares of Sprouts Farmers Market by 77.7% during the 2nd quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock worth $578,000 after buying an additional 1,534 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of Sprouts Farmers Market by 13.1% during the 2nd quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock worth $3,713,000 after buying an additional 2,609 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Sprouts Farmers Market by 12.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock worth $3,767,000 after buying an additional 2,460 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Sprouts Farmers Market by 64.0% during the 2nd quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock worth $1,896,000 after buying an additional 4,492 shares during the last quarter.

Sprouts Farmers Market Trading Up 3.4%

Shares of NASDAQ:SFM opened at $82.87 on Friday. Sprouts Farmers Market, Inc. has a 52-week low of $64.75 and a 52-week high of $173.96. The company has a market capitalization of $7.79 billion, a P/E ratio of 15.94, a price-to-earnings-growth ratio of 1.75 and a beta of 0.67. The company has a 50-day simple moving average of $79.63 and a 200 day simple moving average of $77.92. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.32 billion. During the same period last year, the business posted $1.81 EPS. Sprouts Farmers Market’s revenue 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. Sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 5.57 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on SFM shares. Bank of America reduced their price objective on shares of Sprouts Farmers Market from $104.00 to $92.00 and set a “buy” rating for the company in a research note on Friday, February 20th. UBS Group cut their target price on shares of Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. The Goldman Sachs Group set a $111.00 target price on shares of Sprouts Farmers Market in a research note on Friday, February 20th. Finally, Wells Fargo & Company cut their target price on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Seven 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. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $96.08.

Insider Activity

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 3,201 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $83.97, for a total transaction of $268,787.97. Following the completion of the sale, the chief executive officer directly owned 269,980 shares in the company, valued at $22,670,220.60. This trade represents a 1.17% 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, SVP Kim Coffin sold 313 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $83.97, for a total transaction of $26,282.61. Following the sale, the senior vice president owned 23,332 shares of the company’s stock, valued at $1,959,188.04. This trade represents a 1.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 130,156 shares of company stock valued at $10,600,146. Company insiders own 1.30% of the company’s stock.

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.