Public Employees Retirement System of Ohio Acquires New Position in Sprouts Farmers Market, Inc. $SFM

Public Employees Retirement System of Ohio purchased a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 26,682 shares of the company’s stock, valued at approximately $2,257,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SFM. Focus Partners Wealth acquired a new stake in shares of Sprouts Farmers Market in the 1st quarter valued at approximately $400,000. Baird Financial Group Inc. grew its stake in shares of Sprouts Farmers Market by 77.7% during the second quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock worth $578,000 after buying an additional 1,534 shares during the last quarter. Cerity Partners LLC increased its holdings in shares of Sprouts Farmers Market by 13.1% during the second quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock worth $3,713,000 after buying an additional 2,609 shares in the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Sprouts Farmers Market by 12.0% in the 2nd quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock valued at $3,767,000 after acquiring an additional 2,460 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of Sprouts Farmers Market by 64.0% in the 2nd quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock valued at $1,896,000 after acquiring an additional 4,492 shares during the last quarter.

Analysts Set New Price Targets

SFM has been the topic of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Royal Bank Of Canada reissued an “outperform” rating and set a $114.00 price target on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $84.00 price objective on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. UBS Group raised their price objective 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. Finally, Roth Capital set a $82.00 target price on shares of Sprouts Farmers Market in a report on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $92.25.

Insider Activity

In other news, Director Joseph O’Leary sold 2,597 shares of Sprouts Farmers Market stock in a transaction dated 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 transaction, the director directly owned 14,710 shares in the company, valued at $1,214,604.70. This trade represents a 15.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Nicholas Konat sold 12,538 shares of Sprouts Farmers Market 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 transaction, the chief operating officer owned 66,119 shares of the company’s stock, valued at $5,811,860.10. This trade represents a 15.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 58,287 shares of company stock worth $4,997,929 in the last three months. Company insiders own 1.30% of the company’s stock.

Sprouts Farmers Market Price Performance

Shares of SFM opened at $81.40 on Friday. The business has a 50-day moving average of $81.56 and a 200-day moving average of $80.03. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43. The company has a market capitalization of $7.59 billion, a price-to-earnings ratio of 15.59, a price-to-earnings-growth ratio of 2.01 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 1 year low of $64.75 and a 1 year high of $141.24.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results 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. The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The company’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.35 EPS. 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, equities research analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 earnings per share for the current year.

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.