Sprouts Farmers Market, Inc. $SFM Position Boosted by California State Teachers Retirement System

California State Teachers Retirement System increased its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 21.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 113,247 shares of the company’s stock after buying an additional 20,181 shares during the quarter. California State Teachers Retirement System’s holdings in Sprouts Farmers Market were worth $8,735,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in Sprouts Farmers Market in the fourth quarter valued at about $161,398,000. Swedbank AB bought a new stake in shares of Sprouts Farmers Market in the first quarter worth about $121,906,000. Bank of America Corp DE grew 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 worth $425,582,000 after acquiring an additional 1,494,014 shares in the last quarter. Voloridge Investment Management LLC boosted its holdings in shares of Sprouts Farmers Market by 652.7% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock valued at $153,544,000 after buying an additional 1,223,753 shares during the last quarter. Finally, Champlain Investment Partners LLC acquired a new position in shares of Sprouts Farmers Market during the 4th quarter worth about $81,557,000.

Sprouts Farmers Market Trading Down 3.1%

Shares of NASDAQ SFM opened at $86.07 on Wednesday. The business’s 50 day moving average price is $81.85 and its 200-day moving average price is $78.15. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $157.35. The company has a market cap of $8.03 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 2.20 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. During the same quarter in the prior year, the business posted $1.35 EPS. The business’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, sell-side analysts expect that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current year.

Insider Buying and Selling at Sprouts Farmers Market

In related news, COO Nicholas Konat sold 12,538 shares of Sprouts Farmers Market stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total value of $1,102,090.20. Following the completion of the transaction, the chief operating officer directly owned 66,119 shares in the company, valued at approximately $5,811,860.10. This trade represents a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $84.87, for a total transaction of $915,577.56. Following the completion of the transaction, the chief executive officer owned 269,980 shares of the company’s stock, valued at approximately $22,913,202.60. 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 a total of 44,904 shares of company stock worth $3,840,572 in the last quarter. Company insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on SFM shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $84.00 target price on shares of Sprouts Farmers Market in a report on Thursday, July 30th. Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a research report on Friday. Royal Bank Of Canada reissued an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Finally, Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday, July 27th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $91.58.

Sprouts Farmers Market 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.