Swedbank AB Invests $121.91 Million in Sprouts Farmers Market, Inc. $SFM

Swedbank AB purchased a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,580,528 shares of the company’s stock, valued at approximately $121,906,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SFM. Northwestern Mutual Wealth Management Co. boosted its holdings in Sprouts Farmers Market by 260.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 24,644 shares of the company’s stock valued at $1,963,000 after purchasing an additional 17,812 shares during the last quarter. Fieldview Capital Management LLC purchased a new stake in shares of Sprouts Farmers Market in the 3rd quarter valued at approximately $1,678,000. Fulcrum Asset Management LLP acquired a new stake in shares of Sprouts Farmers Market during the 4th quarter worth approximately $1,333,000. Danske Bank A S increased its holdings in shares of Sprouts Farmers Market by 20.6% during the 4th quarter. Danske Bank A S now owns 146,196 shares of the company’s stock worth $11,647,000 after buying an additional 24,936 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in shares of Sprouts Farmers Market during the 4th quarter valued at approximately $4,841,000.

Sprouts Farmers Market Stock Down 2.9%

SFM stock opened at $84.09 on Wednesday. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $171.15. The company’s 50 day moving average price is $83.51 and its 200 day moving average price is $78.25. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92. The firm has a market capitalization of $7.91 billion, a price-to-earnings ratio of 16.17, a PEG ratio of 1.83 and a beta of 0.67.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the previous year, the business posted $1.81 EPS. The firm’s revenue was up 4.1% on a year-over-year basis. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. On average, equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Brandon F. Lombardi sold 406 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $82.04, for a total transaction of $33,308.24. Following the completion of the sale, the insider owned 6,801 shares in the company, valued at $557,954.04. The trade was a 5.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jack Sinclair sold 10,790 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $82.04, for a total transaction of $885,211.60. Following the sale, the chief executive officer owned 269,980 shares of the company’s stock, valued at $22,149,159.20. This represents a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 34,522 shares of company stock worth $2,958,303. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on SFM shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a report on Monday, June 1st. Evercore restated an “outperform” rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. Melius Research downgraded shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price on the stock. in a research note on Monday, April 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a report on Wednesday, June 24th. Finally, JPMorgan Chase & Co. raised their price target on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $96.08.

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.