Corient Private Wealth LLC Trims Stock Position in Sprouts Farmers Market, Inc. $SFM

by · The Markets Daily

Corient Private Wealth LLC trimmed its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 14.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 38,249 shares of the company’s stock after selling 6,316 shares during the period. Corient Private Wealth LLC’s holdings in Sprouts Farmers Market were worth $3,047,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in SFM. Focus Partners Wealth acquired a new stake in shares of Sprouts Farmers Market during the 1st quarter worth about $400,000. Baird Financial Group Inc. increased its position in shares of Sprouts Farmers Market by 77.7% during the second quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock valued at $578,000 after acquiring an additional 1,534 shares during the last quarter. Cerity Partners LLC increased its position in shares of Sprouts Farmers Market by 13.1% during the second quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock valued at $3,713,000 after acquiring an additional 2,609 shares during the last quarter. Daiwa Securities Group Inc. raised its stake 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 acquiring an additional 2,460 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of Sprouts Farmers Market by 64.0% in the 2nd quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock valued at $1,896,000 after acquiring an additional 4,492 shares during the period.

Sprouts Farmers Market Trading Up 0.1%

Shares of SFM stock opened at $82.14 on Friday. Sprouts Farmers Market, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $171.15. The company has a 50 day moving average price of $81.79 and a 200 day moving average price of $78.01. The stock has a market capitalization of $7.72 billion, a P/E ratio of 15.80, a price-to-earnings-growth ratio of 1.74 and a beta of 0.67. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.42 and a current ratio of 0.92.

Sprouts Farmers Market (NASDAQ:SFM – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.70% and a return on equity of 36.06%. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.32 billion. During the same period in the prior year, the business earned $1.81 EPS. The firm’s quarterly revenue 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. Equities research analysts predict that Sprouts Farmers Market, Inc. will post 5.57 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Report on SFM

Insider Transactions at Sprouts Farmers Market

In other news, COO Nicholas Konat sold 12,538 shares of the stock in a transaction on 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 sale, the chief operating officer directly owned 66,119 shares in the company, valued at approximately $5,811,860.10. This trade represents a 15.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Brandon F. Lombardi sold 406 shares of Sprouts Farmers Market stock in a transaction on Friday, May 1st. The shares were sold at an average price of $82.04, for a total value of $33,308.24. Following the completion of the transaction, the insider owned 6,801 shares of the company’s stock, valued at approximately $557,954.04. This trade represents a 5.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 34,522 shares of company stock valued at $2,958,303. 1.30% of the stock is currently owned by company insiders.

About Sprouts Farmers Market

(Free Report)

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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