Vestcor Inc Has $10.19 Million Position in Sprouts Farmers Market, Inc. $SFM

Key Points

• Vestcor Inc trimmed its stake in Sprouts by 26.2% in Q3 and now holds 93,637 shares valued at about $10.19 million.
• Sprouts beat the quarter with $0.92 EPS vs. $0.89 expected, reported revenue up 7.6% year-over-year, and issued FY2026 guidance of 5.280–5.440 EPS (Q1 guidance 1.660–1.700).
• Analysts collectively give Sprouts a "Moderate Buy" consensus with an average target of $101.75, though several firms recently lowered price targets (Barclays, JPMorgan, BofA, BMO).

Vestcor Inc lessened its stake in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM - Free Report) by 26.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 93,637 shares of the company's stock after selling 33,287 shares during the period. Vestcor Inc owned 0.10% of Sprouts Farmers Market worth $10,188,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Root Financial Partners LLC acquired a new position in Sprouts Farmers Market in the 3rd quarter valued at $26,000. Newbridge Financial Services Group Inc. acquired a new position in Sprouts Farmers Market during the 2nd quarter worth $29,000. Smartleaf Asset Management LLC boosted its holdings in Sprouts Farmers Market by 98.6% during the third quarter. Smartleaf Asset Management LLC now owns 284 shares of the company's stock valued at $31,000 after acquiring an additional 141 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Sprouts Farmers Market during the third quarter valued at about $33,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of Sprouts Farmers Market in the third quarter valued at about $49,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on SFM shares. Barclays dropped their price objective on Sprouts Farmers Market from $122.00 to $100.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 18th. Weiss Ratings restated a "hold (c)" rating on shares of Sprouts Farmers Market in a research note on Monday, December 29th. JPMorgan Chase & Co. dropped their price target on Sprouts Farmers Market from $88.00 to $77.00 and set a "neutral" rating on the stock in a research report on Friday, February 20th. Bank of America cut their price target on Sprouts Farmers Market from $104.00 to $92.00 and set a "buy" rating for the company in a report on Friday, February 20th. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $70.00 price objective on shares of Sprouts Farmers Market in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $101.75.

Sprouts Farmers Market Stock Up 4.3%

SFM stock opened at $80.25 on Monday. Sprouts Farmers Market, Inc. has a twelve month low of $64.75 and a twelve month high of $182.00. The company has a quick ratio of 0.44, a current ratio of 0.93 and a debt-to-equity ratio of 0.06. The company has a market cap of $7.59 billion, a PE ratio of 15.14, a price-to-earnings-growth ratio of 1.73 and a beta of 0.76. The business's 50-day simple moving average is $73.55 and its 200 day simple moving average is $92.58.

Sprouts Farmers Market (NASDAQ:SFM - Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.89 by $0.03. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.The firm had revenue of $2.15 billion during the quarter, compared to analysts' expectations of $2.15 billion. During the same quarter in the prior year, the firm posted $0.79 EPS. The company's revenue for the quarter was up 7.6% on a year-over-year basis. Sprouts Farmers Market has set its FY 2026 guidance at 5.280-5.440 EPS and its Q1 2026 guidance at 1.660-1.700 EPS. On average, research analysts anticipate that Sprouts Farmers Market, Inc. will post 4.29 earnings per share for the current year.

Insider Activity

In related news, CMO Alisa Gmelich sold 3,161 shares of the company's stock in a transaction on Friday, December 12th. The stock was sold at an average price of $79.39, for a total value of $250,951.79. Following the completion of the transaction, the chief marketing officer directly owned 5,552 shares in the company, valued at approximately $440,773.28. This represents a 36.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.10% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.