KBC Group NV Raises Position in Sprouts Farmers Market, Inc. $SFM

KBC Group NV lifted its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 446.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 14,685 shares of the company’s stock after acquiring an additional 12,000 shares during the period. KBC Group NV’s holdings in Sprouts Farmers Market were worth $1,133,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Sprouts Farmers Market by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 9,913,415 shares of the company’s stock valued at $789,802,000 after acquiring an additional 28,951 shares in the last quarter. State Street Corp lifted its position in Sprouts Farmers Market by 2.4% in the 4th quarter. State Street Corp now owns 3,115,029 shares of the company’s stock valued at $248,174,000 after acquiring an additional 71,905 shares in the last quarter. Bank of America Corp DE boosted its stake in Sprouts Farmers Market by 137.0% during the 2nd quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock valued at $425,582,000 after purchasing an additional 1,494,014 shares during the last quarter. Morgan Stanley increased its holdings in shares of Sprouts Farmers Market by 51.0% in the 4th quarter. Morgan Stanley now owns 2,098,249 shares of the company’s stock worth $167,168,000 after purchasing an additional 708,529 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Sprouts Farmers Market in the 4th quarter worth $161,398,000.

Insider Buying and Selling

In other Sprouts Farmers Market news, insider Brandon F. Lombardi sold 406 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $82.04, for a total transaction of $33,308.24. Following the completion of the sale, the insider directly owned 6,801 shares of the company’s stock, valued at approximately $557,954.04. This represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jack Sinclair sold 10,790 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $82.04, for a total transaction of $885,211.60. Following the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at approximately $22,149,159.20. The trade was a 3.84% decrease in their position. 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 quarter, insiders have sold 45,310 shares of company stock valued at $3,873,881. 1.30% of the stock is owned by insiders.

Sprouts Farmers Market Stock Up 1.9%

Sprouts Farmers Market stock opened at $74.89 on Friday. The stock has a market cap of $7.04 billion, a PE ratio of 14.40, a price-to-earnings-growth ratio of 1.98 and a beta of 0.67. 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, Inc. has a one year low of $64.75 and a one year high of $165.97. The stock has a fifty day moving average of $82.42 and a 200 day moving average of $77.93.

Sprouts Farmers Market (NASDAQ:SFM) last posted its earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.04. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.Sprouts Farmers Market’s revenue was up 4.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.81 earnings per share. 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, sell-side analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. JPMorgan Chase & Co. lifted their price objective on Sprouts Farmers Market from $78.00 to $80.00 and gave the stock a “neutral” rating in a report on Wednesday. Melius Research cut 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 note on Monday, April 6th. UBS Group upped their target price on shares of Sprouts Farmers Market from $75.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Seven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $96.62.

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.