Chase Investment Counsel Corp Makes New $2.03 Million Investment in Sprouts Farmers Market, Inc. $SFM

Key Points

• Chase Investment Counsel purchased 24,000 shares of Sprouts Farmers Market in the second quarter, creating a new position valued at approximately $2.03 million. Other institutional investors also increased their holdings.
• Sprouts reported quarterly EPS of $1.37 versus the $1.35 consensus, while revenue rose 4.7% year over year to $2.33 billion. Analysts maintain a consensus “Hold” rating with an average price target of $91.58.
• Margin pressure and softer comparable sales remain key risks, prompting some analysts to reduce near-term earnings estimates. Meanwhile, the CEO and COO sold shares, contributing to 55,692 insider shares sold over the past 90 days.

Chase Investment Counsel Corp purchased a new stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 24,000 shares of the company's stock, valued at approximately $2,029,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of SFM. MML Investors Services LLC boosted its stake in Sprouts Farmers Market by 0.6% during the second quarter. MML Investors Services LLC now owns 20,287 shares of the company's stock valued at $3,340,000 after buying an additional 124 shares in the last quarter. Advisory Services Network LLC lifted its holdings in Sprouts Farmers Market by 1.0% in the 2nd quarter. Advisory Services Network LLC now owns 13,486 shares of the company's stock valued at $2,044,000 after acquiring an additional 139 shares during the last quarter. Legacy Wealth Asset Management LLC boosted its position in shares of Sprouts Farmers Market by 2.9% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 5,578 shares of the company's stock valued at $472,000 after purchasing an additional 155 shares in the last quarter. Clearstead Advisors LLC grew its stake 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 purchasing an additional 160 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its stake in shares of Sprouts Farmers Market by 4.3% in the 4th quarter. Arkadios Wealth Advisors now owns 4,106 shares of the company's stock worth $327,000 after purchasing an additional 171 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Royal Bank Of Canada restated an "outperform" rating and set a $114.00 target price on shares of Sprouts Farmers Market in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $84.00 price objective on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. Roth Capital set a $82.00 target price on Sprouts Farmers Market in a report on Friday, July 31st. UBS Group upped their target price on Sprouts Farmers Market from $80.00 to $86.00 and gave the company a "neutral" rating in a report on Thursday, July 30th. Finally, Evercore reiterated an "outperform" rating on shares of Sprouts Farmers Market in a research report on Monday, July 27th. Seven 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 company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $91.58.

Sprouts Farmers Market Price Performance

SFM opened at $82.50 on Monday. The stock has a fifty day moving average of $82.27 and a 200-day moving average of $78.73. The firm has a market capitalization of $7.69 billion, a P/E ratio of 15.80, a PEG ratio of 2.04 and a beta of 0.68. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $152.25. 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 (NASDAQ:SFM - Get Free Report) last issued 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. Sprouts Farmers Market had a return on equity of 34.84% and a net margin of 5.58%.The business had revenue of $2.33 billion during the quarter, compared to analysts' expectations of $2.32 billion. During the same quarter last year, the firm posted $1.35 earnings per share. Sprouts Farmers Market's revenue was up 4.7% compared to the same quarter last year. 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. Equities analysts forecast that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current fiscal year.

Sprouts Farmers Market News Roundup

Here are the key news stories impacting Sprouts Farmers Market this week:

• Positive Sentiment: Long-term earnings estimates improved. Zacks Research raised its FY2027 EPS estimate to $5.80 from $5.73 and its FY2028 forecast to $6.32 from $6.11. Estimates for several future quarters also increased, suggesting analysts continue to see value in Sprouts’ store expansion and growth strategy. MarketBeat SFM estimates
• Positive Sentiment: Recent operating results modestly exceeded expectations. Sprouts reported quarterly EPS of $1.37 versus the $1.35 consensus, while revenue of $2.33 billion topped the $2.32 billion estimate and increased 4.7% year over year. New-store openings and digital sales growth remain important growth drivers. SFM Q2 Results Show Store Growth Strength but Margin Pressure Builds
• Neutral Sentiment: Valuation is viewed as reasonable, but execution is increasingly important. Analysts say SFM’s valuation may reflect much of its growth potential, leaving the shares dependent on continued store productivity, digital momentum and successful expansion. The stock had gained 12.2% over the past month, increasing the market’s expectations. Is SFM Stock a Buy Now as Valuation Meets Slower Comparable Sales?
• Negative Sentiment: Soft comparable sales and margin pressure are the main overhangs. Zacks lowered its Q3 2026 EPS estimate to $1.23 from $1.32 and trimmed its FY2026 forecast to $5.55 from $5.57. The weaker near-term outlook suggests costs, promotions or product mix could offset sales gains, making the second half of the year a key test for SFM. SFM Jumps 12.2% in a Month as Growth Drivers Face a Tough Margin Test

Insider Transactions at Sprouts Farmers Market

In other news, COO Nicholas Konat sold 12,538 shares of the company's stock in a transaction dated Thursday, June 11th. The stock was 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 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 this link. Also, CEO Jack Sinclair sold 10,788 shares of the company's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total value of $936,398.40. Following the completion of the transaction, the chief executive officer owned 269,980 shares in the company, valued at $23,434,264. This represents a 3.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 55,692 shares of company stock valued at $4,776,971 over the last 90 days. Corporate insiders own 1.30% of the company's stock.

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.

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