Sprouts Farmers Market, Inc. $SFM Shares Purchased by Clark Capital Management Group Inc.

Clark Capital Management Group Inc. boosted its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 386.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 294,968 shares of the company’s stock after purchasing an additional 234,295 shares during the quarter. Clark Capital Management Group Inc.’s holdings in Sprouts Farmers Market were worth $32,093,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of 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 buying an additional 1,494,014 shares during the last quarter. Norges Bank acquired a new stake in Sprouts Farmers Market in the second quarter valued at $198,080,000. Two Sigma Investments LP raised its holdings in Sprouts Farmers Market by 185.2% in the third quarter. Two Sigma Investments LP now owns 1,300,786 shares of the company’s stock valued at $141,526,000 after acquiring an additional 844,717 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in Sprouts Farmers Market by 157.3% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,248,891 shares of the company’s stock valued at $205,617,000 after acquiring an additional 763,422 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Sprouts Farmers Market by 52.8% during the 2nd quarter. Invesco Ltd. now owns 2,131,607 shares of the company’s stock worth $350,948,000 after acquiring an additional 737,008 shares in the last quarter.

Insider Buying and Selling

In related news, Director Kristen E. Blum bought 1,325 shares of the stock in a transaction dated Tuesday, March 10th. The stock was bought at an average cost of $76.00 per share, with a total value of $100,700.00. Following the completion of the acquisition, the director owned 54,407 shares of the company’s stock, valued at $4,134,932. This trade represents a 2.50% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joel D. Anderson purchased 4,400 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were bought at an average price of $77.17 per share, for a total transaction of $339,548.00. Following the completion of the transaction, the director directly owned 24,802 shares in the company, valued at approximately $1,913,970.34. This trade represents a 21.57% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Trading Up 4.1%

Sprouts Farmers Market stock opened at $82.06 on Monday. The firm’s 50-day moving average is $73.34 and its 200-day moving average is $90.20. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.44 and a current ratio of 0.93. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $182.00. The company has a market cap of $7.76 billion, a P/E ratio of 15.48, a PEG ratio of 1.77 and a beta of 0.76.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.89 by $0.03. The business had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.15 billion. Sprouts Farmers Market had a net margin of 5.95% and a return on equity of 38.21%. The company’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.79 EPS. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. On average, equities analysts expect that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on SFM shares. UBS Group dropped 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 report on Wednesday, February 18th. Barclays reduced their price target on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 18th. Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a report on Saturday, February 21st. Royal Bank Of Canada cut their price objective on Sprouts Farmers Market from $140.00 to $114.00 and set an “outperform” rating on the stock in a research note on Friday, February 20th. Finally, JPMorgan Chase & Co. reduced their target price on Sprouts Farmers Market from $88.00 to $77.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Sprouts Farmers Market currently has an average rating of “Moderate Buy” and an average price target of $101.75.

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.