110,638 Shares in Sprouts Farmers Market, Inc. $SFM Bought by Lombard Odier Asset Management Europe Ltd

Lombard Odier Asset Management Europe Ltd bought a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 110,638 shares of the company’s stock, valued at approximately $9,358,000.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in Sprouts Farmers Market by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 9,913,415 shares of the company’s stock worth $789,802,000 after purchasing an additional 28,951 shares in the last quarter. BlackRock Inc. bought a new position in Sprouts Farmers Market during the 2nd quarter worth $768,171,000. State Street Corp lifted its holdings in Sprouts Farmers Market by 2.4% during the 4th quarter. State Street Corp now owns 3,115,029 shares of the company’s stock worth $248,174,000 after buying an additional 71,905 shares during the period. Bank of America Corp DE lifted its holdings in 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 buying an additional 1,494,014 shares during the period. Finally, Morgan Stanley grew its position in shares of Sprouts Farmers Market by 51.0% in the 4th quarter. Morgan Stanley now owns 2,098,249 shares of the company’s stock valued at $167,168,000 after buying an additional 708,529 shares during the last quarter.

Insiders Place Their Bets

In related news, Director Joseph D. O’leary sold 2,597 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $82.57, for a total value of $214,434.29. Following the transaction, the director directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Nicholas Konat sold 12,538 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief operating officer owned 66,119 shares in the company, valued at approximately $5,811,860.10. The trade was a 15.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 58,289 shares of company stock valued at $4,991,405 in the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

SFM has been the topic of several analyst reports. Roth Capital set a $82.00 target price on shares of Sprouts Farmers Market in a research report on Friday, July 31st. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. UBS Group boosted 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 note on Thursday, July 30th. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday, July 27th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a report on Monday, June 1st. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $91.58.

Sprouts Farmers Market Price Performance

SFM opened at $81.46 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43. The company has a market capitalization of $7.60 billion, a price-to-earnings ratio of 15.61, a P/E/G ratio of 2.01 and a beta of 0.68. The firm’s fifty day moving average price is $81.82 and its two-hundred day moving average price is $79.55. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $141.78.

Sprouts Farmers Market (NASDAQ:SFM) last announced its earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.35 by $0.02. The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.35 earnings per share. 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, analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.

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.