Foster & Motley Inc. Invests $805,000 in Sprouts Farmers Market, Inc. $SFM

Foster & Motley Inc. bought a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the second quarter, HoldingsChannel.com reports. The firm bought 9,517 shares of the company’s stock, valued at approximately $805,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Signet Financial Management LLC acquired a new stake in Sprouts Farmers Market in the 1st quarter valued at $2,938,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 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 worth $1,963,000 after acquiring an additional 17,812 shares during the period. Mawer Investment Management Ltd. purchased a new position in shares of Sprouts Farmers Market during the 4th quarter valued at $7,737,000. Eurizon Capital SGR S.p.A. purchased a new position in Sprouts Farmers Market in the 4th quarter worth approximately $4,841,000. Finally, Fulcrum Asset Management LLP purchased a new stake in Sprouts Farmers Market in the fourth quarter worth approximately $1,333,000.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SFM. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a report on Monday, July 27th. 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $84.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. UBS Group increased their price objective on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. raised shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and upped their price target for the company from $80.00 to $103.00 in a research note on Thursday, July 30th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Sprouts Farmers Market currently has a consensus rating of “Hold” and an average price target of $91.58.

Sprouts Farmers Market Stock Performance

Shares of SFM opened at $79.33 on Thursday. 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 one year low of $64.75 and a one year high of $152.25. The stock has a 50-day moving average of $81.89 and a two-hundred day moving average of $78.92. The stock has a market cap of $7.40 billion, a P/E ratio of 15.20, a P/E/G ratio of 1.95 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly 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. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.Sprouts Farmers Market’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.35 EPS. 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. As a group, research analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

Insider Activity

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock in a transaction on Friday, June 5th. The shares were sold at an average price of $82.04, for a total value of $885,211.60. Following the transaction, the chief executive officer directly owned 269,980 shares in the company, valued at approximately $22,149,159.20. The trade was a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joseph D. O’leary sold 2,597 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $82.57, for a total value of $214,434.29. Following the transaction, the director owned 14,710 shares in the company, valued at $1,214,604.70. The trade was a 15.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 58,289 shares of company stock valued at $4,991,405. 1.30% of the stock is currently owned by company insiders.

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.