J. Derek Lewis & Associates Inc. purchased a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,850 shares of the company’s stock, valued at approximately $605,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in Sprouts Farmers Market by 260.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 24,644 shares of the company’s stock valued at $1,963,000 after buying 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 first quarter worth about $2,938,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of Sprouts Farmers Market by 848.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 33,300 shares of the company’s stock worth $2,685,000 after acquiring an additional 29,788 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Sprouts Farmers Market in the 4th quarter valued at approximately $4,841,000. Finally, Fulcrum Asset Management LLP acquired a new stake in shares of Sprouts Farmers Market in the 4th quarter valued at approximately $1,333,000.
Sprouts Farmers Market News Roundup
Here are the key news stories impacting Sprouts Farmers Market this week:
- Positive Sentiment: SFM reported second-quarter earnings of $1.37 per share, above the $1.35 analyst consensus, while revenue rose 4.7% year over year to $2.33 billion, slightly exceeding estimates. New-store growth, e-commerce and private-label sales helped offset weaker comparable-store performance. Sprouts Farmers Tops Q2 Earnings Estimates
- Positive Sentiment: JPMorgan upgraded Sprouts from “neutral” to “overweight” and raised its price target from $80 to $103, signaling greater confidence in the company’s growth outlook and potential for further appreciation. JPMorgan Upgrade Report
- Positive Sentiment: Investor interest is also benefiting from broader strength in natural-food retailers as consumers prioritize health, wellness and convenient cleaner-label products. Natural Foods Stocks Gain
- Neutral Sentiment: Unusually high put-option activity was recorded, with 3,951 puts purchased versus typical daily volume of 2,951. This may reflect hedging or increased downside speculation, but it does not establish a definitive directional signal.
- Negative Sentiment: Management’s outlook fell short of Wall Street expectations. Third-quarter EPS guidance of $1.20–$1.24 compares with a $1.30 consensus, while full-year EPS guidance of $5.32–$5.40 and revenue guidance of $9.3–$9.4 billion are below estimates near $5.55 and $9.5 billion, respectively. Soft comparable-store sales add to the concern. Sprouts 2026 Earnings Outlook
Sprouts Farmers Market Stock Up 9.7%
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share 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 35.31%. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period in the previous year, the firm posted $1.35 EPS. The company’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, research analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.
Insider Activity
In related news, CEO Jack Sinclair sold 10,788 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $84.87, for a total value of $915,577.56. Following the sale, the chief executive officer directly owned 269,980 shares in the company, valued at $22,913,202.60. This represents a 3.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Nicholas Konat sold 12,538 shares of the stock in a transaction that occurred 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 sale, the chief operating officer directly owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This represents a 15.94% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 44,904 shares of company stock valued at $3,840,572. Insiders own 1.30% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently issued reports on SFM. 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 research report on Thursday. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday. 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. Royal Bank Of Canada reiterated an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a report on Monday, June 1st. Finally, Roth Capital reiterated a “neutral” rating on shares of Sprouts Farmers Market in a research note on Thursday. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Sprouts Farmers Market presently has an average rating of “Hold” and a consensus target price of $98.54.
Get Our Latest Analysis on Sprouts Farmers Market
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.
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