Callan Family Office LLC Purchases 1,235 Shares of Sprouts Farmers Market, Inc. $SFM

Callan Family Office LLC grew its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 28.4% in the second quarter, Holdings Channel reports. The fund owned 5,587 shares of the company’s stock after buying an additional 1,235 shares during the quarter. Callan Family Office LLC’s holdings in Sprouts Farmers Market were worth $920,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in shares of Sprouts Farmers Market by 0.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,217,900 shares of the company’s stock valued at $338,481,000 after acquiring an additional 15,930 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Sprouts Farmers Market by 2.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,331,176 shares of the company’s stock valued at $203,191,000 after acquiring an additional 36,548 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of Sprouts Farmers Market by 300.3% during the 1st quarter. Wellington Management Group LLP now owns 1,037,187 shares of the company’s stock valued at $158,316,000 after acquiring an additional 778,079 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Sprouts Farmers Market by 1.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 997,152 shares of the company’s stock valued at $152,205,000 after buying an additional 10,059 shares during the period. Finally, Driehaus Capital Management LLC raised its holdings in Sprouts Farmers Market by 3.0% during the 1st quarter. Driehaus Capital Management LLC now owns 971,380 shares of the company’s stock valued at $148,271,000 after buying an additional 28,595 shares during the period.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Barclays upgraded Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $173.00 to $185.00 in a report on Thursday, July 31st. Wall Street Zen upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating in a report on Sunday, September 21st. Wells Fargo & Company upgraded Sprouts Farmers Market from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $175.00 to $180.00 in a report on Tuesday, August 5th. Evercore ISI decreased their price target on Sprouts Farmers Market from $190.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday, October 3rd. Finally, Jefferies Financial Group upgraded Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a report on Friday, August 1st. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $177.21.

Sprouts Farmers Market Stock Down 1.3%

SFM stock opened at $102.74 on Monday. The business’s fifty day simple moving average is $131.37 and its two-hundred day simple moving average is $151.49. Sprouts Farmers Market, Inc. has a twelve month low of $98.75 and a twelve month high of $182.00. The firm has a market cap of $10.04 billion, a price-to-earnings ratio of 21.14, a PEG ratio of 1.16 and a beta of 0.77.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Wednesday, July 30th. The company reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.12. Sprouts Farmers Market had a return on equity of 36.53% and a net margin of 5.77%.The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same quarter last year, the firm posted $0.94 earnings per share. The business’s revenue was up 17.3% compared to the same quarter last year. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. Research analysts expect that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Sprouts Farmers Market declared that its Board of Directors has approved a stock repurchase plan on Tuesday, August 19th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other news, Director Joe Fortunato sold 10,000 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $147.57, for a total transaction of $1,475,700.00. Following the transaction, the director owned 18,164 shares in the company, valued at approximately $2,680,461.48. This trade represents a 35.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CTO James H. Bahrenburg sold 4,292 shares of the firm’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $137.06, for a total value of $588,261.52. Following the transaction, the chief technology officer owned 9,167 shares in the company, valued at approximately $1,256,429.02. This represents a 31.89% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 37,561 shares of company stock valued at $5,257,184. Insiders own 1.10% of the company’s stock.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.