21,475 Shares in Sprouts Farmers Market, Inc. $SFM Purchased by Connor Clark & Lunn Investment Management Ltd.

Key Points

• Connor Clark & Lunn Investment Management acquired 21,475 shares of Sprouts Farmers Market during the second quarter, worth approximately $1.8 million. Other institutional investors also increased or initiated positions.
• Sprouts exceeded quarterly expectations, reporting $1.37 in EPS on $2.33 billion in revenue, with revenue up 4.7% year over year. The company guided for fiscal 2026 EPS of $5.32–$5.40.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and average price target of $91.58 versus the stock’s reported $81.46 price. Insiders sold 58,289 shares worth nearly $5.0 million over the past 90 days.

Connor Clark & Lunn Investment Management Ltd. bought a new position in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,475 shares of the company's stock, valued at approximately $1,816,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. TD Private Client Wealth LLC lifted its stake 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 buying an additional 288 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Sprouts Farmers Market during the first quarter worth about $25,000. Bell Investment Advisors Inc bought a new position in shares of Sprouts Farmers Market during the second quarter worth about $29,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Sprouts Farmers Market in the 2nd quarter worth about $29,000. Finally, Clearstead Advisors LLC increased its holdings in shares of Sprouts Farmers Market by 72.7% in the 4th quarter. Clearstead Advisors LLC now owns 380 shares of the company's stock worth $30,000 after acquiring an additional 160 shares during the period.

Sprouts Farmers Market Trading Up 0.5%

Shares of NASDAQ:SFM opened at $81.46 on Friday. The company has a 50 day moving average of $81.82 and a 200-day moving average of $79.55. The company has a current ratio of 0.99, a quick ratio of 0.43 and a debt-to-equity ratio of 0.07. The firm has a market cap of $7.60 billion, a P/E ratio of 15.61, a P/E/G ratio of 2.02 and a beta of 0.68. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $141.78.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.35 by $0.02. The firm had revenue of $2.33 billion for 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 firm's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous 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. As a group, analysts anticipate that Sprouts Farmers Market, Inc. will post 5.55 earnings per share 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 completion of the sale, the chief operating officer directly owned 66,119 shares of the company's stock, valued at approximately $5,811,860.10. This represents a 15.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joseph D. O'leary sold 2,597 shares of the company's 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 sale, the director directly owned 14,710 shares of the company's stock, valued at $1,214,604.70. The trade was a 15.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 58,289 shares of company stock valued at $4,991,405 over the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Royal Bank Of Canada reissued an "outperform" rating and set a $114.00 target price on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $84.00 price objective on shares of Sprouts Farmers Market in a report on Thursday, July 30th. Weiss Ratings restated a "hold (c)" rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. UBS Group lifted their target price on Sprouts Farmers Market from $80.00 to $86.00 and gave the company a "neutral" rating in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. upgraded Sprouts Farmers Market from a "neutral" rating to an "overweight" rating and boosted their price target for the stock from $80.00 to $103.00 in a research report on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $91.58.

About Sprouts Farmers Market

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.

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