Empowered Funds LLC Purchases New Stake in Sprouts Farmers Market, Inc. $SFM

Empowered Funds LLC acquired a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 91,945 shares of the company’s stock, valued at approximately $7,777,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MML Investors Services LLC lifted its position 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 purchasing an additional 124 shares during the period. Advisory Services Network LLC grew its position in shares of Sprouts Farmers Market by 1.0% during the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock worth $2,044,000 after buying an additional 139 shares during the period. Legacy Wealth Asset Management LLC raised its stake in shares of Sprouts Farmers Market by 2.9% during the second quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company’s stock worth $472,000 after buying an additional 155 shares during the last quarter. Clearstead Advisors LLC lifted its holdings in Sprouts Farmers Market by 72.7% in the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after buying an additional 160 shares during the period. Finally, Arkadios Wealth Advisors boosted its stake in Sprouts Farmers Market by 4.3% in the fourth quarter. Arkadios Wealth Advisors now owns 4,106 shares of the company’s stock valued at $327,000 after acquiring an additional 171 shares during the last quarter.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, Director Joseph D. O’leary sold 2,597 shares of the 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 completion of the transaction, the director owned 14,710 shares in the company, valued at approximately $1,214,604.70. This represents a 15.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $82.04, for a total value of $885,211.60. Following the completion of the sale, the chief executive officer directly owned 269,980 shares in the company, valued at $22,149,159.20. This represents 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. In the last three months, insiders sold 58,289 shares of company stock worth $4,991,405. 1.30% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have commented on the stock. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday, July 27th. JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $80.00 to $103.00 in a report on Thursday, July 30th. UBS Group raised their target price on Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Finally, Roth Capital set a $82.00 price target on shares of Sprouts Farmers Market in a research report on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Sprouts Farmers Market currently has an average rating of “Hold” and an average target price of $91.58.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $81.46 on Monday. The company has a market capitalization of $7.60 billion, a PE ratio of 15.61, a PEG ratio of 2.02 and a beta of 0.68. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $141.78. 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 stock’s fifty day simple moving average is $81.82 and its 200 day simple moving average is $79.65.

Sprouts Farmers Market (NASDAQ:SFM) last posted 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. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The firm had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same period in the previous year, the firm earned $1.35 earnings per share. The company’s 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. On average, research analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current 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.