Boston Common Asset Management LLC Buys 30,835 Shares of Sprouts Farmers Market, Inc. $SFM

Key Points

• Boston Common Asset Management increased its stake in Sprouts Farmers Market by 61.9% in Q1, adding 30,835 shares to bring its total holding to 80,634 shares worth about $6.2 million.
• Analyst sentiment is mixed on SFM: the stock carries an overall Hold rating, with seven Buy ratings, seven Hold ratings and one Sell rating, and an average target price of $96.08.
• Sprouts reported better-than-expected quarterly earnings, with EPS of $1.71 versus $1.67 expected and revenue of $2.33 billion, while the company also gave FY 2026 EPS guidance of 5.320 to 5.480.

Boston Common Asset Management LLC lifted its stake in Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 61.9% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 80,634 shares of the company's stock after acquiring an additional 30,835 shares during the quarter. Boston Common Asset Management LLC owned approximately 0.09% of Sprouts Farmers Market worth $6,219,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Sprouts Farmers Market from $77.00 to $78.00 and gave the stock a "neutral" rating in a report on Thursday, April 30th. Melius Research cut shares of Sprouts Farmers Market from a "hold" rating to a "sell" rating and set a $70.00 price target for the company. in a research note on Monday, April 6th. Royal Bank Of Canada reissued an "outperform" rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research report on Monday, June 1st. Weiss Ratings restated a "hold (c)" rating on shares of Sprouts Farmers Market in a research note on Wednesday, June 24th. Finally, Evercore reaffirmed an "outperform" rating on shares of Sprouts Farmers Market in a report on Thursday, April 30th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Sprouts Farmers Market has an average rating of "Hold" and an average target price of $96.08.

Sprouts Farmers Market Stock Performance

Shares of NASDAQ SFM opened at $75.78 on Monday. The company has a current ratio of 0.92, a quick ratio of 0.42 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $7.13 billion, a P/E ratio of 14.57, a P/E/G ratio of 1.60 and a beta of 0.67. Sprouts Farmers Market, Inc. has a 12 month low of $64.75 and a 12 month high of $170.49. The stock has a 50 day moving average of $83.57 and a 200-day moving average of $78.12.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The business had revenue of $2.33 billion for the quarter, compared to analysts' expectations of $2.32 billion. During the same quarter in the prior year, the business earned $1.81 EPS. The firm's revenue for the quarter was up 4.1% on a year-over-year basis. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. As a group, equities research analysts predict that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current year.

Insider Buying and Selling at Sprouts Farmers Market

In other news, insider Brandon F. Lombardi sold 406 shares of the firm's stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $82.04, for a total transaction of $33,308.24. Following the completion of the sale, the insider owned 6,801 shares in the company, valued at approximately $557,954.04. This trade represents a 5.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Nicholas Konat sold 12,538 shares of Sprouts Farmers Market stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $87.90, for a total transaction of $1,102,090.20. Following the sale, the chief operating officer directly owned 66,119 shares of the company's stock, valued at $5,811,860.10. The trade was a 15.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 45,310 shares of company stock worth $3,873,881 over the last ninety days. Insiders own 1.30% of the company's stock.

Sprouts Farmers Market 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.

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