First Trust Advisors LP Has $2.94 Million Position in Sprouts Farmers Market, Inc. $SFM

First Trust Advisors LP trimmed its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 16.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,072 shares of the company’s stock after selling 7,445 shares during the quarter. First Trust Advisors LP’s holdings in Sprouts Farmers Market were worth $2,936,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large 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 valued at $1,963,000 after acquiring an additional 17,812 shares in the last quarter. Signet Financial Management LLC bought a new position in shares of Sprouts Farmers Market in the 1st quarter worth $2,938,000. Eurizon Capital SGR S.p.A. bought a new position in shares of Sprouts Farmers Market in the 4th quarter worth $4,841,000. Fulcrum Asset Management LLP acquired a new stake in Sprouts Farmers Market in the 4th quarter valued at $1,333,000. Finally, Mawer Investment Management Ltd. acquired a new stake in Sprouts Farmers Market in the 4th quarter valued at $7,737,000.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $80.00 to $103.00 in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $84.00 price objective on shares of Sprouts Farmers Market in a report on Thursday, July 30th. Royal Bank Of Canada reissued an “outperform” rating and set a $114.00 target price on shares of Sprouts Farmers Market in a research report on Monday, June 1st. UBS Group upped their target price on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Finally, Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday, July 27th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $91.58.

Insider Activity

In related news, COO Nicholas Konat sold 12,538 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the transaction, the chief operating officer directly owned 66,119 shares in the company, valued at approximately $5,811,860.10. The trade was a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jack Sinclair sold 10,790 shares of the company’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $82.04, for a total transaction of $885,211.60. Following the completion of the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $22,149,159.20. The trade was a 3.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 55,692 shares of company stock worth $4,776,971. 1.30% of the stock is owned by corporate insiders.

Sprouts Farmers Market Trading Up 2.4%

NASDAQ SFM opened at $87.20 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The business has a fifty day simple moving average of $81.79 and a 200 day simple moving average of $78.24. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $153.75. The firm has a market capitalization of $8.13 billion, a P/E ratio of 16.70, a PEG ratio of 2.11 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the firm earned $1.35 EPS. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. 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. On average, analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

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.