Retirement Systems of Alabama Purchases 98,831 Shares of Sprouts Farmers Market, Inc. $SFM

Retirement Systems of Alabama raised its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 48.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 304,396 shares of the company’s stock after buying an additional 98,831 shares during the quarter. Retirement Systems of Alabama owned 0.31% of Sprouts Farmers Market worth $24,251,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Spirepoint Private Client LLC bought a new position in shares of Sprouts Farmers Market during the third quarter worth approximately $4,310,000. Barlow Wealth Partners Inc. bought a new stake in shares of Sprouts Farmers Market in the third quarter valued at approximately $16,724,000. Federated Hermes Inc. grew its position in Sprouts Farmers Market by 89.8% during the third quarter. Federated Hermes Inc. now owns 928,668 shares of the company’s stock worth $101,039,000 after buying an additional 439,425 shares in the last quarter. State of Alaska Department of Revenue grew its position in Sprouts Farmers Market by 115.4% during the third quarter. State of Alaska Department of Revenue now owns 36,486 shares of the company’s stock worth $3,968,000 after buying an additional 19,549 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new position in Sprouts Farmers Market during the 3rd quarter worth $9,339,000.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SFM. JPMorgan Chase & Co. dropped their price objective on Sprouts Farmers Market from $88.00 to $77.00 and set a “neutral” rating for the company in a report on Friday, February 20th. Roth Mkm restated a “neutral” rating and issued a $74.00 price target on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Wells Fargo & Company dropped their price target on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating for the company in a research note on Friday, February 20th. Barclays cut their price objective on shares of Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. Finally, UBS Group reduced their price objective on shares of Sprouts Farmers Market from $108.00 to $75.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $101.75.

Sprouts Farmers Market Trading Down 1.6%

Shares of SFM stock opened at $75.86 on Thursday. The stock’s fifty day moving average price is $73.68 and its two-hundred day moving average price is $85.14. The company has a market cap of $7.17 billion, a PE ratio of 14.31, a P/E/G ratio of 1.66 and a beta of 0.67. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $182.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.44 and a current ratio of 0.93.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.03. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.The company had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.15 billion. During the same quarter last year, the company posted $0.79 EPS. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. Equities analysts predict that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Insider Transactions at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 57,644 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $80.82, for a total value of $4,658,788.08. Following the sale, the chief executive officer directly owned 277,935 shares in the company, valued at approximately $22,462,706.70. This trade represents a 17.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David Mcglinchey sold 4,872 shares of Sprouts Farmers Market stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $80.82, for a total transaction of $393,755.04. Following the sale, the insider directly owned 48,737 shares in the company, valued at $3,938,924.34. This trade represents a 9.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 129,750 shares of company stock valued at $10,566,838. Company insiders own 1.10% 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.