Sprouts Farmers Market, Inc. $SFM Shares Acquired by Citigroup Inc.

Citigroup Inc. raised its holdings in shares of Sprouts Farmers Market, Inc. (NASDAQ:SFM) by 27.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 163,059 shares of the company’s stock after purchasing an additional 34,661 shares during the quarter. Citigroup Inc. owned 0.17% of Sprouts Farmers Market worth $17,741,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Focus Partners Wealth acquired a new stake in shares of Sprouts Farmers Market in the 1st quarter valued at about $400,000. Nisa Investment Advisors LLC lifted its holdings in Sprouts Farmers Market by 2.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 3,307 shares of the company’s stock worth $544,000 after buying an additional 75 shares during the last quarter. Bessemer Group Inc. grew its position in shares of Sprouts Farmers Market by 2.2% in the 2nd quarter. Bessemer Group Inc. now owns 3,335 shares of the company’s stock worth $549,000 after acquiring an additional 73 shares in the last quarter. Teacher Retirement System of Texas raised its position in shares of Sprouts Farmers Market by 2.7% during the 2nd quarter. Teacher Retirement System of Texas now owns 36,427 shares of the company’s stock valued at $5,997,000 after acquiring an additional 958 shares in the last quarter. Finally, Jennison Associates LLC raised its position in shares of Sprouts Farmers Market by 4.2% during the 2nd quarter. Jennison Associates LLC now owns 6,284 shares of the company’s stock valued at $1,035,000 after acquiring an additional 252 shares in the last quarter.

Sprouts Farmers Market Trading Down 2.5%

Sprouts Farmers Market stock opened at $73.87 on Friday. Sprouts Farmers Market, Inc. has a 12-month low of $64.75 and a 12-month high of $182.00. The stock has a market capitalization of $6.99 billion, a PE ratio of 13.94, a price-to-earnings-growth ratio of 1.63 and a beta of 0.75. The firm has a 50 day simple moving average of $73.76 and a 200-day simple moving average of $95.74. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.93 and a quick ratio of 0.44.

Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Thursday, February 19th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.03. The company had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $2.15 billion. Sprouts Farmers Market had a return on equity of 38.21% and a net margin of 5.95%.The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period last year, the firm earned $0.79 EPS. 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. As a group, equities research analysts expect that Sprouts Farmers Market, Inc. will post 4.29 EPS for the current fiscal year.

Insider Transactions at Sprouts Farmers Market

In other news, CMO Alisa Gmelich sold 3,161 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $79.39, for a total value of $250,951.79. Following the transaction, the chief marketing officer owned 5,552 shares of the company’s stock, valued at $440,773.28. The trade was a 36.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider John Scott Neal sold 17,471 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $85.20, for a total transaction of $1,488,529.20. Following the sale, the insider directly owned 14,178 shares of the company’s stock, valued at approximately $1,207,965.60. This represents a 55.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

SFM has been the topic of a number of recent research reports. Wells Fargo & Company reduced their price target on shares of Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Zacks Research upgraded Sprouts Farmers Market from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Roth Mkm reiterated a “neutral” rating and set a $74.00 price target on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Barclays reduced their price objective on Sprouts Farmers Market from $122.00 to $100.00 and set an “overweight” rating for the company in a research report on Wednesday, February 18th. Finally, Deutsche Bank Aktiengesellschaft lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating and set a $88.00 target price on the stock. in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $101.75.

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.