Robeco Institutional Asset Management B.V. Raises Holdings in Sprouts Farmers Market, Inc. $SFM

Robeco Institutional Asset Management B.V. lifted its position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 1.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 247,565 shares of the company’s stock after purchasing an additional 3,567 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Sprouts Farmers Market were worth $40,759,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Assenagon Asset Management S.A. grew its stake in Sprouts Farmers Market by 1,033.4% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,476,351 shares of the company’s stock worth $225,350,000 after buying an additional 1,346,097 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Sprouts Farmers Market by 300.3% during the first quarter. Wellington Management Group LLP now owns 1,037,187 shares of the company’s stock worth $158,316,000 after acquiring an additional 778,079 shares during the last quarter. Nuveen LLC purchased a new position in shares of Sprouts Farmers Market during the first quarter worth approximately $106,852,000. Westfield Capital Management Co. LP acquired a new position in shares of Sprouts Farmers Market in the 1st quarter valued at $71,699,000. Finally, Alyeska Investment Group L.P. purchased a new stake in Sprouts Farmers Market in the 1st quarter valued at $55,711,000.

Wall Street Analysts Forecast Growth

SFM has been the topic of a number of research reports. Royal Bank Of Canada raised their price target on Sprouts Farmers Market from $173.00 to $176.00 and gave the stock a “sector perform” rating in a report on Thursday, July 31st. Wall Street Zen upgraded shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating in a research report on Sunday, September 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Sprouts Farmers Market in a research note on Saturday, September 27th. Jefferies Financial Group upgraded shares of Sprouts Farmers Market from a “hold” rating to a “buy” rating and set a $190.00 target price for the company in a research note on Friday, August 1st. Finally, UBS Group set a $180.00 target price on shares of Sprouts Farmers Market in a report on Thursday, July 31st. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Sprouts Farmers Market currently has an average rating of “Moderate Buy” and a consensus target price of $177.21.

Sprouts Farmers Market Stock Performance

NASDAQ:SFM opened at $105.93 on Friday. Sprouts Farmers Market, Inc. has a 1 year low of $102.40 and a 1 year high of $182.00. The stock has a fifty day moving average price of $136.66 and a two-hundred day moving average price of $152.86. The stock has a market capitalization of $10.35 billion, a price-to-earnings ratio of 21.80, a PEG ratio of 1.19 and a beta of 0.77.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly 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. The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.16 billion. Sprouts Farmers Market had a net margin of 5.77% and a return on equity of 36.53%. The business’s revenue for the quarter was up 17.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.94 EPS. Sprouts Farmers Market has set its FY 2025 guidance at 5.200-5.320 EPS. Q3 2025 guidance at 1.120-1.160 EPS. On average, analysts predict that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current year.

Sprouts Farmers Market declared that its board has initiated a stock repurchase program on Tuesday, August 19th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

Insider Activity at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 4,045 shares of Sprouts Farmers Market stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $138.60, for a total transaction of $560,637.00. Following the completion of the sale, the chief executive officer directly owned 174,740 shares in the company, valued at approximately $24,218,964. This trade represents a 2.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joseph D. O’leary sold 2,937 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $150.07, for a total value of $440,755.59. Following the sale, the director directly owned 14,994 shares in the company, valued at $2,250,149.58. This trade represents a 16.38% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 37,561 shares of company stock valued at $5,499,641 in the last ninety days. Company 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.