Boston Trust Walden Corp Purchases 374,900 Shares of Sprouts Farmers Market, Inc. $SFM

Boston Trust Walden Corp grew its position in Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 1,588.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 398,507 shares of the company’s stock after purchasing an additional 374,900 shares during the quarter. Boston Trust Walden Corp owned approximately 0.41% of Sprouts Farmers Market worth $43,358,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Annex Advisory Services LLC boosted its holdings in Sprouts Farmers Market by 4.4% in the 3rd quarter. Annex Advisory Services LLC now owns 207,331 shares of the company’s stock worth $22,558,000 after buying an additional 8,748 shares during the period. Ethic Inc. raised its holdings in Sprouts Farmers Market by 109.4% during the third quarter. Ethic Inc. now owns 13,920 shares of the company’s stock valued at $1,514,000 after acquiring an additional 7,273 shares during the period. Three Seasons Wealth LLC purchased a new position in shares of Sprouts Farmers Market in the third quarter valued at about $361,000. Apollon Wealth Management LLC boosted its stake in shares of Sprouts Farmers Market by 3.2% in the third quarter. Apollon Wealth Management LLC now owns 3,505 shares of the company’s stock worth $381,000 after acquiring an additional 108 shares during the period. Finally, Mezzasalma Advisors LLC grew its position in shares of Sprouts Farmers Market by 10.7% during the third quarter. Mezzasalma Advisors LLC now owns 24,805 shares of the company’s stock worth $2,699,000 after purchasing an additional 2,396 shares in the last quarter.

Insider Buying and Selling

In other Sprouts Farmers Market news, CMO Alisa Gmelich sold 3,161 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $79.39, for a total transaction of $250,951.79. Following the transaction, the chief marketing officer owned 5,552 shares in the company, valued at $440,773.28. The trade was a 36.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Dustin Hamilton sold 868 shares of the firm’s stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $108.50, for a total transaction of $94,178.00. Following the completion of the sale, the insider owned 15,481 shares of the company’s stock, valued at $1,679,688.50. This trade represents a 5.31% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 25,545 shares of company stock worth $2,250,294. 1.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SFM. UBS Group set a $108.00 price target on Sprouts Farmers Market in a report on Thursday, October 30th. Roth Capital reaffirmed a “neutral” rating and set a $91.00 target price on shares of Sprouts Farmers Market in a research note on Thursday, October 30th. Wells Fargo & Company reduced their price target on shares of Sprouts Farmers Market from $180.00 to $135.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Royal Bank Of Canada dropped their price objective on shares of Sprouts Farmers Market from $148.00 to $140.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. Finally, Zacks Research cut Sprouts Farmers Market from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st. Nine investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $137.86.

Sprouts Farmers Market Stock Performance

Sprouts Farmers Market stock opened at $80.68 on Tuesday. The company’s 50-day moving average price is $84.89 and its 200-day moving average price is $121.97. The company has a quick ratio of 0.53, a current ratio of 1.05 and a debt-to-equity ratio of 0.04. The company has a market cap of $7.86 billion, a PE ratio of 15.61, a price-to-earnings-growth ratio of 0.92 and a beta of 0.70. Sprouts Farmers Market, Inc. has a twelve month low of $75.75 and a twelve month high of $182.00.

Sprouts Farmers Market (NASDAQ:SFM) last released its quarterly earnings results on Wednesday, October 29th. The company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. Sprouts Farmers Market had a return on equity of 38.03% and a net margin of 5.93%.The company had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.23 billion. During the same quarter last year, the business posted $0.91 earnings per share. The firm’s revenue was up 13.1% on a year-over-year basis. Sprouts Farmers Market has set its FY 2025 guidance at 5.240-5.280 EPS and its Q4 2025 guidance at 0.860-0.900 EPS. On average, equities research analysts forecast that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

About Sprouts Farmers Market

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.