South Dakota Investment Council Boosts Stock Position in Sprouts Farmers Market, Inc. $SFM

South Dakota Investment Council increased its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFMFree Report) by 228.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,574 shares of the company’s stock after acquiring an additional 31,700 shares during the period. South Dakota Investment Council’s holdings in Sprouts Farmers Market were worth $3,515,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. MML Investors Services LLC lifted its position in shares of Sprouts Farmers Market by 0.6% during the second quarter. MML Investors Services LLC now owns 20,287 shares of the company’s stock worth $3,340,000 after purchasing an additional 124 shares in the last quarter. Advisory Services Network LLC grew its holdings in shares of Sprouts Farmers Market by 1.0% in the second quarter. Advisory Services Network LLC now owns 13,486 shares of the company’s stock valued at $2,044,000 after purchasing an additional 139 shares in the last quarter. Clearstead Advisors LLC grew its holdings in shares of Sprouts Farmers Market by 72.7% in the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after purchasing an additional 160 shares in the last quarter. Arkadios Wealth Advisors increased its stake in Sprouts Farmers Market by 4.3% during the 4th quarter. Arkadios Wealth Advisors now owns 4,106 shares of the company’s stock worth $327,000 after buying an additional 171 shares during the period. Finally, Sanctuary Advisors LLC increased its stake in Sprouts Farmers Market by 6.0% during the 4th quarter. Sanctuary Advisors LLC now owns 3,026 shares of the company’s stock worth $241,000 after buying an additional 172 shares during the period.

Key Stories Impacting Sprouts Farmers Market

Here are the key news stories impacting Sprouts Farmers Market this week:

  • Positive Sentiment: SFM reported second-quarter earnings of $1.37 per share, above the $1.35 analyst consensus, while revenue rose 4.7% year over year to $2.33 billion, slightly exceeding estimates. New-store growth, e-commerce and private-label sales helped offset weaker comparable-store performance. Sprouts Farmers Tops Q2 Earnings Estimates
  • Positive Sentiment: JPMorgan upgraded Sprouts from “neutral” to “overweight” and raised its price target from $80 to $103, signaling greater confidence in the company’s growth outlook and potential for further appreciation. JPMorgan Upgrade Report
  • Positive Sentiment: Investor interest is also benefiting from broader strength in natural-food retailers as consumers prioritize health, wellness and convenient cleaner-label products. Natural Foods Stocks Gain
  • Neutral Sentiment: Unusually high put-option activity was recorded, with 3,951 puts purchased versus typical daily volume of 2,951. This may reflect hedging or increased downside speculation, but it does not establish a definitive directional signal.
  • Negative Sentiment: Management’s outlook fell short of Wall Street expectations. Third-quarter EPS guidance of $1.20–$1.24 compares with a $1.30 consensus, while full-year EPS guidance of $5.32–$5.40 and revenue guidance of $9.3–$9.4 billion are below estimates near $5.55 and $9.5 billion, respectively. Soft comparable-store sales add to the concern. Sprouts 2026 Earnings Outlook

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, CEO Jack Sinclair sold 10,788 shares of the business’s stock in a transaction that occurred 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 owned 269,980 shares in the company, valued at approximately $22,913,202.60. The trade was a 3.84% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Nicholas Konat sold 12,538 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were 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 directly owned 66,119 shares of the company’s stock, valued at $5,811,860.10. The trade was a 15.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 44,904 shares of company stock valued at $3,840,572. Insiders own 1.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on SFM shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $84.00 price target on shares of Sprouts Farmers Market in a research report on Thursday. Evercore reaffirmed an “outperform” rating on shares of Sprouts Farmers Market in a research report on Monday. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. 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 report on Thursday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $98.54.

View Our Latest Report on Sprouts Farmers Market

Sprouts Farmers Market Price Performance

Shares of SFM opened at $86.85 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $160.49. The stock has a market cap of $8.17 billion, a PE ratio of 16.64, a price-to-earnings-growth ratio of 2.09 and a beta of 0.67. The firm has a fifty day moving average price of $81.79 and a 200 day moving average price of $78.02.

Sprouts Farmers Market (NASDAQ:SFMGet Free Report) last issued its quarterly earnings data 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. Sprouts Farmers Market had a return on equity of 35.31% and a net margin of 5.58%.The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same quarter last year, the company posted $1.35 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. 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, sell-side analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

About Sprouts Farmers Market

(Free Report)

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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Institutional Ownership by Quarter for Sprouts Farmers Market (NASDAQ:SFM)

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