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

HORAN Wealth LLC lifted its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 14.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,836 shares of the company’s stock after buying an additional 7,508 shares during the period. HORAN Wealth LLC’s holdings in Sprouts Farmers Market were worth $4,892,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in SFM. Focus Partners Wealth acquired a new position in Sprouts Farmers Market in the first quarter valued at approximately $400,000. Baird Financial Group Inc. grew its position in Sprouts Farmers Market by 77.7% in the second quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock worth $578,000 after acquiring an additional 1,534 shares during the period. Cerity Partners LLC increased its stake in Sprouts Farmers Market by 13.1% during the second quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock worth $3,713,000 after acquiring an additional 2,609 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in Sprouts Farmers Market by 12.0% during the second quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock worth $3,767,000 after acquiring an additional 2,460 shares during the last quarter. Finally, NewEdge Advisors LLC increased its stake in Sprouts Farmers Market by 64.0% during the second quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock worth $1,896,000 after acquiring an additional 4,492 shares during the last quarter.

Insider Activity

In other Sprouts Farmers Market news, Director Joseph O’Leary sold 2,597 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the sale, the director owned 14,710 shares in the company, valued at $1,214,604.70. This represents a 15.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jack Sinclair sold 10,788 shares of Sprouts Farmers Market stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $82.66, for a total value of $891,736.08. Following the completion of the transaction, the chief executive officer owned 269,980 shares of the company’s stock, valued at $22,316,546.80. The trade was a 3.84% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 47,499 shares of company stock worth $4,060,237. Corporate insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on SFM. Evercore reaffirmed an “outperform” rating and issued a $95.00 price target on shares of Sprouts Farmers Market in a research note on Tuesday, September 1st. JPMorgan Chase & Co. upgraded shares of Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $80.00 to $103.00 in a report on Thursday, July 30th. 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. Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a research report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $84.00 price target on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Sprouts Farmers Market presently has a consensus rating of “Hold” and an average target price of $92.25.

Sprouts Farmers Market Stock Performance

NASDAQ SFM opened at $81.40 on Monday. 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 firm has a market cap of $7.59 billion, a price-to-earnings ratio of 15.59, a PEG ratio of 2.01 and a beta of 0.67. The firm has a 50 day simple moving average of $81.56 and a 200-day simple moving average of $80.11. Sprouts Farmers Market, Inc. has a one year low of $64.75 and a one year high of $141.24.

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

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.