Mitsubishi UFJ Asset Management Co. Ltd. Buys New Stake in Sprouts Farmers Market, Inc. $SFM

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the second quarter, HoldingsChannel.com reports. The fund purchased 24,636 shares of the company’s stock, valued at approximately $2,084,000.

A number of other institutional investors also recently bought and sold shares of the business. Newbridge Financial Services Group Inc. acquired a new stake in shares of Sprouts Farmers Market during the 2nd quarter worth about $29,000. TD Private Client Wealth LLC boosted its holdings 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 valued at $25,000 after purchasing an additional 288 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new position in Sprouts Farmers Market in the first quarter valued at approximately $25,000. Bell Investment Advisors Inc purchased a new position in Sprouts Farmers Market in the second quarter valued at approximately $29,000. Finally, Clearstead Advisors LLC increased its stake in Sprouts Farmers Market by 72.7% in the fourth quarter. Clearstead Advisors LLC now owns 380 shares of the company’s stock valued at $30,000 after purchasing an additional 160 shares during the last quarter.

Sprouts Farmers Market Trading Up 3.4%

SFM opened at $81.08 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 0.07. Sprouts Farmers Market, Inc. has a 52 week low of $64.75 and a 52 week high of $149.66. The business’s 50 day moving average is $81.59 and its two-hundred day moving average is $78.99. The firm has a market cap of $7.56 billion, a price-to-earnings ratio of 15.53, a price-to-earnings-growth ratio of 1.94 and a beta of 0.68.

Sprouts Farmers Market (NASDAQ:SFM) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.02. The business had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The company’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $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. On average, research analysts predict that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

Insider Activity at Sprouts Farmers Market

In related news, COO Nicholas Konat sold 12,538 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the completion of the sale, the chief operating officer owned 66,119 shares in the company, valued at $5,811,860.10. This represents a 15.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joseph D. O’leary sold 2,597 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $82.57, for a total transaction of $214,434.29. Following the sale, the director owned 14,710 shares of the company’s stock, valued at approximately $1,214,604.70. This represents a 15.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 58,289 shares of company stock worth $4,991,405 in the last 90 days. 1.30% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on SFM shares. Roth Capital set a $82.00 price objective on shares of Sprouts Farmers Market in a research report on Friday, July 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Evercore reiterated an “outperform” rating on shares of Sprouts Farmers Market in a research note on Monday, July 27th. UBS Group boosted their price target on shares of Sprouts Farmers Market from $80.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $84.00 price objective on shares of Sprouts Farmers Market in a research note 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 company. According to data from MarketBeat.com, Sprouts Farmers Market currently has an average rating of “Hold” and an average target price 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.