KBC Group NV Increases Stock Position in Sprouts Farmers Market, Inc. $SFM

KBC Group NV boosted its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 446.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 14,685 shares of the company’s stock after acquiring an additional 12,000 shares during the period. KBC Group NV’s holdings in Sprouts Farmers Market were worth $1,133,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of Sprouts Farmers Market by 260.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 24,644 shares of the company’s stock worth $1,963,000 after purchasing an additional 17,812 shares during the last quarter. Signet Financial Management LLC purchased a new position in Sprouts Farmers Market during the 1st quarter valued at about $2,938,000. Allspring Global Investments Holdings LLC raised its position in Sprouts Farmers Market by 848.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 33,300 shares of the company’s stock valued at $2,685,000 after purchasing an additional 29,788 shares during the last quarter. Fulcrum Asset Management LLP bought a new position in Sprouts Farmers Market during the 4th quarter valued at approximately $1,333,000. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in Sprouts Farmers Market in the 4th quarter worth approximately $4,841,000.

Sprouts Farmers Market Stock Performance

Shares of Sprouts Farmers Market stock opened at $74.89 on Friday. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $165.97. The firm has a market capitalization of $7.04 billion, a P/E ratio of 14.40, a P/E/G ratio of 1.98 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. The business has a fifty day simple moving average of $82.42 and a two-hundred day simple moving average of $77.93.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. 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 net margin of 5.70% and a return on equity of 36.06%. The company’s revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.81 EPS. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. On average, equities analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. UBS Group lifted their price objective on Sprouts Farmers Market from $75.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research note on Thursday, April 30th. JPMorgan Chase & Co. lifted their price target on shares of Sprouts Farmers Market from $78.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Finally, Melius Research downgraded shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 price objective on the stock. in a research report on Monday, April 6th. Seven equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $96.62.

Insider Buying and Selling

In other Sprouts Farmers Market news, COO Nicholas Konat sold 12,538 shares of Sprouts Farmers Market stock in a transaction 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 approximately $5,811,860.10. The trade was a 15.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $84.87, for a total value of $915,577.56. Following the completion of the sale, the chief executive officer directly owned 269,980 shares in the company, valued at $22,913,202.60. This trade represents a 3.84% decrease in their ownership of the stock. 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. Insiders have sold 45,310 shares of company stock valued at $3,873,881 over the last quarter. Corporate insiders own 1.30% of the company’s stock.

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.