Kendall Capital Management Takes Position in Sprouts Farmers Market, Inc. $SFM

Kendall Capital Management purchased a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 9,460 shares of the company’s stock, valued at approximately $800,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new position in Sprouts Farmers Market during the second quarter valued at approximately $644,000. Evolve Private Wealth LLC bought a new position in Sprouts Farmers Market in the second quarter worth approximately $280,000. Ieq Capital LLC purchased a new stake in Sprouts Farmers Market during the second quarter worth $303,000. Callan Family Office LLC purchased a new stake in Sprouts Farmers Market during the second quarter worth $948,000. Finally, Keebeck Wealth Management bought a new stake in Sprouts Farmers Market during the 2nd quarter valued at $523,000.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Roth Capital set a $82.00 price target on Sprouts Farmers Market in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $84.00 price objective on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Finally, UBS Group increased their price target on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $91.58.

Sprouts Farmers Market Stock Up 3.4%

Shares of SFM stock opened at $81.08 on Friday. The stock’s fifty day moving average price is $81.59 and its 200 day moving average price is $78.99. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $149.66. The company has a market cap of $7.56 billion, a price-to-earnings ratio of 15.53, a price-to-earnings-growth ratio of 2.01 and a beta of 0.68. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating 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 company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same period last year, the business posted $1.35 earnings per share. The firm’s revenue 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, research analysts expect that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, Director Joseph D. O’leary sold 2,597 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $82.57, for a total transaction of $214,434.29. Following the sale, the director owned 14,710 shares of the company’s stock, valued at approximately $1,214,604.70. The trade was a 15.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jack Sinclair sold 10,790 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 269,980 shares in the company, valued at $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. Insiders sold 58,289 shares of company stock valued at $4,991,405 in the last three months. 1.30% of the stock is owned by insiders.

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.