Trillium Asset Management LLC Takes $2.73 Million Position in Sprouts Farmers Market, Inc. $SFM

Trillium Asset Management LLC purchased a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the second quarter, HoldingsChannel reports. The firm purchased 32,297 shares of the company’s stock, valued at approximately $2,732,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Signet Financial Management LLC purchased a new stake in Sprouts Farmers Market in the first quarter valued at approximately $2,938,000. Northwestern Mutual Wealth Management Co. boosted its position 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 during the period. Mawer Investment Management Ltd. acquired a new stake in shares of Sprouts Farmers Market in the fourth quarter valued at $7,737,000. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Sprouts Farmers Market in the fourth quarter valued at $4,841,000. Finally, Fulcrum Asset Management LLP acquired a new stake in shares of Sprouts Farmers Market in the fourth quarter valued at $1,333,000.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other news, COO Nicholas Konat sold 12,538 shares of Sprouts Farmers Market stock in a transaction on 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 completion of the sale, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at approximately $5,811,860.10. The trade was a 15.94% decrease in their position. The transaction was disclosed in a document filed 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 stock was sold at an average price of $82.04, for a total transaction of $885,211.60. Following the transaction, the chief executive officer 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. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 58,289 shares of company stock worth $4,991,405 in the last 90 days. Corporate insiders own 1.30% of the company’s stock.

Sprouts Farmers Market Price Performance

SFM stock opened at $81.08 on Friday. The business’s 50-day moving average is $81.59 and its two-hundred day moving average is $78.99. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43. The firm has a market capitalization of $7.56 billion, a P/E ratio of 15.53, a P/E/G ratio of 1.94 and a beta of 0.68. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $149.66.

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

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.