Lazard Asset Management LLC lifted its stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 498.0% during the first quarter, HoldingsChannel reports. The firm owned 179,691 shares of the company’s stock after purchasing an additional 149,640 shares during the period. Lazard Asset Management LLC’s holdings in Sprouts Farmers Market were worth $13,860,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in SFM. MML Investors Services LLC lifted its holdings in Sprouts Farmers Market by 0.6% during the 2nd quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock valued at $3,340,000 after buying an additional 124 shares in the last quarter. Advisory Services Network LLC grew its stake in Sprouts Farmers Market by 1.0% in the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock worth $2,044,000 after acquiring an additional 139 shares in the last quarter. Clearstead Advisors LLC grew its stake in Sprouts Farmers Market by 72.7% in the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after acquiring an additional 160 shares in the last quarter. Arkadios Wealth Advisors increased its position in shares of Sprouts Farmers Market by 4.3% during the fourth quarter. Arkadios Wealth Advisors now owns 4,106 shares of the company’s stock worth $327,000 after acquiring an additional 171 shares during the period. Finally, Sanctuary Advisors LLC increased its position in shares of Sprouts Farmers Market by 6.0% during the fourth quarter. Sanctuary Advisors LLC now owns 3,026 shares of the company’s stock worth $241,000 after acquiring an additional 172 shares during the period.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on SFM shares. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research note on Monday. Royal Bank Of Canada restated an “outperform” rating and set a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. Melius Research lowered Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price for the company. in a research report on Monday, April 6th. UBS Group upped their target price on Sprouts Farmers Market from $75.00 to $80.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Sprouts Farmers Market presently has an average rating of “Hold” and a consensus target price of $96.62.
Insider Activity
In other news, insider Brandon F. Lombardi sold 406 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $82.04, for a total value of $33,308.24. Following the completion of the transaction, the insider directly owned 6,801 shares in the company, valued at $557,954.04. This trade represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $82.04, for a total value of $885,211.60. Following the sale, the chief executive officer directly owned 269,980 shares of the company’s stock, valued at $22,149,159.20. This trade represents a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 45,310 shares of company stock valued at $3,873,881. Company insiders own 1.30% of the company’s stock.
Key Sprouts Farmers Market News
Here are the key news stories impacting Sprouts Farmers Market this week:
- Positive Sentiment: Sprouts reported second-quarter earnings of $1.37 per share, exceeding the $1.35 consensus estimate and matching the prior-year result. Quarterly revenue reached $2.33 billion, also ahead of the $2.32 billion estimate, while sales increased 4.7% year over year. Sprouts Farmers Tops Q2 Earnings Estimates
- Positive Sentiment: The earnings beat, revenue outperformance and solid profitability—with a 5.70% net margin and 36.06% return on equity—provide evidence that Sprouts continues to execute despite a challenging consumer environment. Sprouts Farmers Market Quarterly Earnings Results
- Neutral Sentiment: Before the report, analysts were watching whether health-conscious demand and loyalty gains could sustain growth, while evaluating the effects of cautious consumer spending and margin pressure. Sprouts Farmers Q2 Earnings Preview
- Negative Sentiment: Third-quarter EPS guidance of $1.20-$1.24 fell short of the $1.30 consensus estimate, signaling that near-term earnings momentum may weaken.
- Negative Sentiment: Full-year 2026 EPS guidance of $5.32-$5.40 was below the $5.57 analyst consensus, while revenue guidance of $9.3-$9.4 billion trailed the $9.5 billion estimate. The outlook may temper the benefit of the second-quarter beat.
Sprouts Farmers Market Stock Up 1.8%
NASDAQ:SFM opened at $79.16 on Thursday. The company has a market cap of $7.44 billion, a PE ratio of 15.22, a P/E/G ratio of 2.05 and a beta of 0.67. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $160.49. The company’s 50 day moving average is $81.76 and its two-hundred day moving average is $77.95.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last released its earnings results 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 firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The firm’s revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm 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. Analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current 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.
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