HORAN Wealth LLC Grows Holdings in Sprouts Farmers Market, Inc. $SFM

HORAN Wealth LLC grew its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 14.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 57,836 shares of the company’s stock after acquiring an additional 7,508 shares during the period. HORAN Wealth LLC owned about 0.06% of Sprouts Farmers Market worth $4,892,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Focus Partners Wealth acquired a new position in Sprouts Farmers Market in the 1st quarter worth about $400,000. Baird Financial Group Inc. increased its position in shares of Sprouts Farmers Market by 77.7% in the second quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock valued at $578,000 after buying an additional 1,534 shares in the last quarter. Cerity Partners LLC raised its stake in shares of Sprouts Farmers Market by 13.1% during the 2nd quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock worth $3,713,000 after buying an additional 2,609 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of Sprouts Farmers Market by 12.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock worth $3,767,000 after buying an additional 2,460 shares during the period. Finally, NewEdge Advisors LLC lifted its position in shares of Sprouts Farmers Market by 64.0% during the 2nd quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock valued at $1,896,000 after buying an additional 4,492 shares in the last quarter.

Sprouts Farmers Market Stock Performance

NASDAQ:SFM opened at $81.40 on Monday. The company’s 50-day moving average price is $81.56 and its 200-day moving average price is $80.11. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The company has a market cap of $7.59 billion, a P/E ratio of 15.59, a P/E/G ratio of 2.01 and a beta of 0.67. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $141.24.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 earnings per share (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 analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. Sprouts Farmers Market’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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. On average, sell-side analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.

Insider Transactions at Sprouts Farmers Market

In related news, COO Nicholas Konat sold 12,538 shares of Sprouts Farmers Market stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the transaction, the chief operating officer 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Joseph D. O’leary sold 2,597 shares of the business’s stock in a transaction 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 directly owned 14,710 shares in the company, valued at $1,214,604.70. This trade represents a 15.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 47,499 shares of company stock worth $4,060,237 in the last ninety days. Insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on SFM. Evercore reissued an “outperform” rating and issued a $95.00 price target on shares of Sprouts Farmers Market in a research note on Tuesday, September 1st. Roth Capital set a $82.00 price objective on shares of Sprouts Farmers Market in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $84.00 price objective on shares of Sprouts Farmers Market in a report on Thursday, July 30th. UBS Group boosted their target price on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Sprouts Farmers Market presently has an average rating of “Hold” and an average price target of $92.25.

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.