Wellington Management Group LLP Grows Holdings in Sprouts Farmers Market, Inc. $SFM

Wellington Management Group LLP raised its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 548.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 248,958 shares of the company’s stock after purchasing an additional 210,592 shares during the quarter. Wellington Management Group LLP owned 0.27% of Sprouts Farmers Market worth $21,057,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Signet Financial Management LLC purchased a new position in shares of Sprouts Farmers Market in the first quarter valued at about $2,938,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Sprouts Farmers Market by 260.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 24,644 shares of the company’s stock worth $1,963,000 after purchasing an additional 17,812 shares in the last quarter. Mawer Investment Management Ltd. bought a new stake in Sprouts Farmers Market during the 4th quarter valued at approximately $7,737,000. Eurizon Capital SGR S.p.A. bought a new stake in Sprouts Farmers Market during the 4th quarter valued at approximately $4,841,000. Finally, Fulcrum Asset Management LLP purchased a new position in Sprouts Farmers Market in the 4th quarter worth approximately $1,333,000.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $82.66, for a total transaction of $891,736.08. Following the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $22,316,546.80. The trade was a 3.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Nicholas Konat sold 12,538 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total value of $1,102,090.20. Following the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 47,499 shares of company stock worth $4,060,237 in the last three months. Insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on SFM shares. Roth Capital set a $82.00 price objective on shares of Sprouts Farmers Market in a report on Friday, July 31st. Royal Bank Of Canada reissued an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a report on Monday, June 1st. UBS Group raised their target price 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $84.00 price target on shares of Sprouts Farmers Market in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. upgraded shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $80.00 to $103.00 in a research note on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $92.25.

Sprouts Farmers Market Price Performance

NASDAQ SFM opened at $81.40 on Monday. The stock has a 50 day moving average price of $81.56 and a 200-day moving average price of $80.11. Sprouts Farmers Market, Inc. has a one year low of $64.75 and a one year high of $141.24. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.43 and a current ratio of 0.99. The company has a market capitalization 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 (NASDAQ:SFM) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.02. The company had revenue of $2.33 billion for 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 quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business 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, equities analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

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.