Citizens Financial Group Inc. RI Buys New Stake in Sprouts Farmers Market, Inc. $SFM

Citizens Financial Group Inc. RI bought a new position in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 8,373 shares of the company’s stock, valued at approximately $708,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. purchased a new position in Sprouts Farmers Market in the second quarter valued at approximately $29,000. TD Private Client Wealth LLC lifted its position in shares of Sprouts Farmers Market by 1,309.1% during the 4th quarter. TD Private Client Wealth LLC now owns 310 shares of the company’s stock worth $25,000 after buying an additional 288 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Sprouts Farmers Market during the 1st quarter worth approximately $25,000. Bell Investment Advisors Inc purchased a new stake in shares of Sprouts Farmers Market during the 2nd quarter worth approximately $29,000. Finally, Clearstead Advisors LLC boosted 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 valued at $30,000 after buying an additional 160 shares in the last quarter.

Insider Transactions at Sprouts Farmers Market

In other Sprouts Farmers Market news, COO Nicholas Konat sold 12,538 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $5,811,860.10. The trade was a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jack Sinclair sold 10,788 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $86.80, for a total transaction of $936,398.40. Following the completion of the sale, the chief executive officer directly owned 269,980 shares in the company, valued at approximately $23,434,264. The trade was a 3.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 58,289 shares of company stock valued at $4,991,405 in the last quarter. 1.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $84.00 price target on shares of Sprouts Farmers Market in a research note on Thursday, July 30th. Royal Bank Of Canada restated an “outperform” rating and issued a $114.00 price objective on shares of Sprouts Farmers Market in a research note on Monday, June 1st. Roth Capital set a $82.00 price objective on Sprouts Farmers Market in a report on Friday, July 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. Finally, UBS Group lifted their target price on Sprouts Farmers Market from $80.00 to $86.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $91.58.

Sprouts Farmers Market Stock Performance

NASDAQ:SFM opened at $79.33 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.99 and a quick ratio of 0.43. The firm has a market cap of $7.40 billion, a price-to-earnings ratio of 15.20, a price-to-earnings-growth ratio of 1.95 and a beta of 0.68. The firm’s fifty day moving average price is $81.89 and its 200 day moving average price is $78.92. Sprouts Farmers Market, Inc. has a 1-year low of $64.75 and a 1-year high of $152.25.

Sprouts Farmers Market (NASDAQ:SFM) last announced its quarterly earnings data on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.02. The firm had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.32 billion. Sprouts Farmers Market had a net margin of 5.58% and a return on equity of 34.84%. The firm’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm 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. On average, sell-side analysts expect that Sprouts Farmers Market, Inc. will post 5.55 EPS for the current year.

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.