UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $123.83 Million Position in Sprouts Farmers Market, Inc. $SFM

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 8.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,464,015 shares of the company’s stock after buying an additional 111,574 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Sprouts Farmers Market were worth $123,826,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Sprouts Farmers Market in the 2nd quarter valued at $768,171,000. Norges Bank bought a new position in shares of Sprouts Farmers Market during the 4th quarter worth about $161,398,000. Swedbank AB bought a new position in shares of Sprouts Farmers Market during the 1st quarter worth about $121,906,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Sprouts Farmers Market during the second quarter valued at about $131,310,000. Finally, Bank of America Corp DE raised its position in shares of Sprouts Farmers Market by 137.0% during the second 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 during the last quarter.

Insider Transactions at Sprouts Farmers Market

In related news, COO Nicholas Konat sold 12,538 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the completion of the transaction, the chief operating officer owned 66,119 shares in the company, valued at $5,811,860.10. This trade represents a 15.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jack Sinclair sold 10,790 shares of the company’s stock in a transaction on 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 owned 269,980 shares in the company, valued at $22,149,159.20. This trade represents a 3.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 58,289 shares of company stock valued at $4,991,405. Corporate insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

SFM has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $84.00 target price on shares of Sprouts Farmers Market in a research report on Thursday, July 30th. UBS Group raised their price objective on Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. JPMorgan Chase & Co. raised Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $80.00 to $103.00 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, Royal Bank Of Canada restated an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $92.25.

Sprouts Farmers Market Stock Performance

NASDAQ SFM opened at $80.81 on Wednesday. The stock has a market cap of $7.54 billion, a P/E ratio of 15.48, a PEG ratio of 2.03 and a beta of 0.67. The company’s 50-day simple moving average is $81.77 and its 200 day simple moving average is $79.87. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $141.24. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07.

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