Chase Investment Counsel Corp Invests $2.03 Million in Sprouts Farmers Market, Inc. $SFM

Chase Investment Counsel Corp acquired a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 24,000 shares of the company’s stock, valued at approximately $2,029,000.

A number of other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in Sprouts Farmers Market in the 4th quarter worth about $161,398,000. Swedbank AB acquired a new stake in shares of Sprouts Farmers Market during the 1st quarter valued at about $121,906,000. Bank of America Corp DE grew its stake in shares of Sprouts Farmers Market by 137.0% in the 2nd quarter. Bank of America Corp DE now owns 2,584,923 shares of the company’s stock valued at $425,582,000 after buying an additional 1,494,014 shares in the last quarter. Voloridge Investment Management LLC grew its stake in shares of Sprouts Farmers Market by 652.7% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,411,246 shares of the company’s stock valued at $153,544,000 after buying an additional 1,223,753 shares in the last quarter. Finally, Champlain Investment Partners LLC acquired a new position in Sprouts Farmers Market in the fourth quarter worth approximately $81,557,000.

Sprouts Farmers Market News Roundup

Here are the key news stories impacting Sprouts Farmers Market this week:

• Positive Sentiment: Long-term earnings estimates improved. Zacks Research raised its FY2027 EPS estimate to $5.80 from $5.73 and its FY2028 forecast to $6.32 from $6.11. Estimates for several future quarters also increased, suggesting analysts continue to see value in Sprouts’ store expansion and growth strategy. MarketBeat SFM estimates
• Positive Sentiment: Recent operating results modestly exceeded expectations. Sprouts reported quarterly EPS of $1.37 versus the $1.35 consensus, while revenue of $2.33 billion topped the $2.32 billion estimate and increased 4.7% year over year. New-store openings and digital sales growth remain important growth drivers. SFM Q2 Results Show Store Growth Strength but Margin Pressure Builds
• Neutral Sentiment: Valuation is viewed as reasonable, but execution is increasingly important. Analysts say SFM’s valuation may reflect much of its growth potential, leaving the shares dependent on continued store productivity, digital momentum and successful expansion. The stock had gained 12.2% over the past month, increasing the market’s expectations. Is SFM Stock a Buy Now as Valuation Meets Slower Comparable Sales?
• Negative Sentiment: Soft comparable sales and margin pressure are the main overhangs. Zacks lowered its Q3 2026 EPS estimate to $1.23 from $1.32 and trimmed its FY2026 forecast to $5.55 from $5.57. The weaker near-term outlook suggests costs, promotions or product mix could offset sales gains, making the second half of the year a key test for SFM. SFM Jumps 12.2% in a Month as Growth Drivers Face a Tough Margin Test

Analysts Set New Price Targets

Several equities analysts recently weighed in on SFM shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $84.00 price target on shares of Sprouts Farmers Market in a report on Thursday, July 30th. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research note on Monday, July 27th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. Finally, UBS Group upped their price objective on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $91.58.

Sprouts Farmers Market Price Performance

NASDAQ SFM opened at $82.50 on Monday. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $152.25. 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 stock has a market capitalization of $7.69 billion, a PE ratio of 15.80, a P/E/G ratio of 2.04 and a beta of 0.68. The stock has a 50-day simple moving average of $82.27 and a 200 day simple moving average of $78.73.

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, beating analysts’ consensus estimates of $1.35 by $0.02. The firm had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $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. Research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

Insider Buying and Selling at Sprouts Farmers Market

In related news, COO Nicholas Konat sold 12,538 shares of the business’s stock in a transaction on 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 transaction, the chief operating officer owned 66,119 shares of the company’s stock, valued at approximately $5,811,860.10. The trade was a 15.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total transaction of $936,398.40. Following the transaction, the chief executive officer owned 269,980 shares of the company’s stock, valued at approximately $23,434,264. The trade was a 3.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 55,692 shares of company stock worth $4,776,971. 1.30% of the stock is currently owned by corporate insiders.

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.