Trillium Asset Management LLC Takes $2.73 Million Position in Sprouts Farmers Market, Inc. $SFM

Trillium Asset Management LLC acquired a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 32,297 shares of the company’s stock, valued at approximately $2,732,000.

Several other institutional investors have also added to or reduced their stakes in the company. Focus Partners Wealth purchased a new stake in shares of Sprouts Farmers Market in the 1st quarter worth $400,000. Baird Financial Group Inc. increased its stake in shares of Sprouts Farmers Market by 77.7% during the second quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock valued at $578,000 after buying an additional 1,534 shares during the period. Cerity Partners LLC raised its holdings in shares of Sprouts Farmers Market by 13.1% in the second quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock valued at $3,713,000 after acquiring an additional 2,609 shares in the last quarter. Daiwa Securities Group Inc. lifted its stake in Sprouts Farmers Market by 12.0% in the second quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock worth $3,767,000 after acquiring an additional 2,460 shares during the period. Finally, NewEdge Advisors LLC lifted its position in shares of Sprouts Farmers Market by 64.0% in the 2nd quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock worth $1,896,000 after purchasing an additional 4,492 shares during the period.

Insider Transactions at Sprouts Farmers Market

In related news, COO Nicholas Konat sold 12,538 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $87.90, for a total value of $1,102,090.20. Following the completion of the sale, the chief operating officer owned 66,119 shares of the company’s stock, valued at approximately $5,811,860.10. This trade represents a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Joseph D. O’leary sold 2,597 shares of Sprouts Farmers Market 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 transaction, the director directly owned 14,710 shares in the company, valued at $1,214,604.70. This trade represents a 15.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 58,289 shares of company stock valued at $4,991,405 over the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on SFM. JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $80.00 to $103.00 in a research note on Thursday, July 30th. Royal Bank Of Canada restated an “outperform” rating and issued a $114.00 price target on shares of Sprouts Farmers Market in a report on Monday, June 1st. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday, July 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Finally, Roth Capital set a $82.00 price objective on shares of Sprouts Farmers Market in a report on Friday, July 31st. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $91.58.

Sprouts Farmers Market Price Performance

NASDAQ:SFM opened at $81.08 on Friday. Sprouts Farmers Market, Inc. has a 52 week low of $64.75 and a 52 week high of $149.66. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $7.56 billion, a PE ratio of 15.53, a price-to-earnings-growth ratio of 1.94 and a beta of 0.68. The stock’s 50-day moving average price is $81.59 and its 200-day moving average price is $78.99.

Sprouts Farmers Market (NASDAQ:SFM) last announced 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 business’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. As a group, equities analysts expect that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal 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.