Lifetime Wealth Management P.C. Invests $5.38 Million in Sprouts Farmers Market, Inc. $SFM

Lifetime Wealth Management P.C. bought a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 63,645 shares of the company’s stock, valued at approximately $5,383,000. Sprouts Farmers Market makes up 3.1% of Lifetime Wealth Management P.C.’s holdings, making the stock its 11th largest position.

Other hedge funds have also modified their holdings of the company. Newbridge Financial Services Group Inc. acquired a new position in Sprouts Farmers Market during the second quarter worth $29,000. TD Private Client Wealth LLC raised its position in Sprouts Farmers Market by 1,309.1% in the fourth quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after acquiring an additional 288 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Sprouts Farmers Market in the first quarter valued at $25,000. Bell Investment Advisors Inc acquired a new stake in Sprouts Farmers Market in the second quarter valued at $29,000. Finally, Clearstead Advisors LLC boosted its position in shares of Sprouts Farmers Market by 72.7% during the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock worth $30,000 after purchasing an additional 160 shares in the last quarter.

Sprouts Farmers Market Stock Down 6.7%

SFM opened at $81.04 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 company has a market cap of $7.56 billion, a price-to-earnings ratio of 15.52, a PEG ratio of 2.15 and a beta of 0.68. Sprouts Farmers Market, Inc. has a one year low of $64.75 and a one year high of $144.70. The business’s fifty day moving average is $81.80 and its two-hundred day moving average is $79.54.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.02. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The business’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $1.35 earnings per share. 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. Analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

Insider Activity at Sprouts Farmers Market

In other Sprouts Farmers Market news, COO Nicholas Konat sold 12,538 shares of the company’s stock in a transaction dated 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 sale, the chief operating officer owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This represents a 15.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joseph D. O’leary sold 2,597 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $82.57, for a total transaction of $214,434.29. Following the completion of the sale, the director owned 14,710 shares in the company, valued at $1,214,604.70. This represents a 15.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 58,289 shares of company stock valued at $4,991,405. Insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SFM. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $84.00 price target on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. Royal Bank Of Canada reissued an “outperform” rating and set 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 research report on Monday, July 27th. Roth Capital set a $82.00 target price on shares of Sprouts Farmers Market in a research report on Friday, July 31st. Finally, UBS Group increased their target price on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Seven analysts have rated the stock with a Buy rating, six have given 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 price target of $91.58.

Sprouts Farmers Market Company 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.