Guardian Wealth Management Inc. grew its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 96.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,704 shares of the company’s stock after acquiring an additional 31,842 shares during the quarter. Sprouts Farmers Market comprises about 2.7% of Guardian Wealth Management Inc.’s portfolio, making the stock its 12th largest position. Guardian Wealth Management Inc. owned 0.07% of Sprouts Farmers Market worth $5,473,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in SFM. TD Waterhouse Canada Inc. grew its holdings in Sprouts Farmers Market by 241.3% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 1,536 shares of the company’s stock valued at $133,000 after purchasing an additional 1,086 shares during the last quarter. Concurrent Investment Advisors LLC bought a new position in shares of Sprouts Farmers Market during the second quarter valued at approximately $423,000. Prosperitas Financial LLC grew its stake in shares of Sprouts Farmers Market by 10.9% during the second quarter. Prosperitas Financial LLC now owns 59,534 shares of the company’s stock valued at $5,035,000 after buying an additional 5,843 shares during the last quarter. Nykredit A S bought a new position in shares of Sprouts Farmers Market during the second quarter valued at approximately $402,000. Finally, B. Metzler seel. Sohn & Co. AG raised its holdings in shares of Sprouts Farmers Market by 1.6% in the second quarter. B. Metzler seel. Sohn & Co. AG now owns 12,740 shares of the company’s stock worth $1,078,000 after buying an additional 205 shares during the period.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on SFM. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $84.00 price target on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. UBS Group upped their price objective on Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Finally, Evercore reissued an “outperform” rating and set a $95.00 target price on shares of Sprouts Farmers Market in a research note on Tuesday. 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 presently has an average rating of “Hold” and an average target price of $92.25.
Insider Activity at Sprouts Farmers Market
In other Sprouts Farmers Market news, Director Joseph O’Leary sold 2,597 shares of the stock in a transaction dated Friday, August 14th. The shares were 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 represents a 15.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Nicholas Konat sold 12,538 shares of the firm’s stock in a transaction dated 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 directly owned 66,119 shares in the company, valued at $5,811,860.10. This trade represents a 15.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 58,287 shares of company stock worth $4,997,929 over the last three months. 1.30% of the stock is owned by corporate insiders.
Sprouts Farmers Market Stock Up 2.9%
Shares of NASDAQ SFM opened at $81.40 on Friday. 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 firm has a market capitalization of $7.59 billion, a price-to-earnings ratio of 15.59, a PEG ratio of 2.01 and a beta of 0.67. The stock has a 50 day moving average price of $81.56 and a 200 day moving average price of $80.03. Sprouts Farmers Market, Inc. has a 52-week low of $64.75 and a 52-week high of $141.24.
Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate 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 company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period last year, the business posted $1.35 EPS. Sprouts Farmers Market’s quarterly 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. Sell-side analysts expect that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current 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.
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