Penn Davis Mcfarland 13F: Adds $8.8M to SFM Stake

Penn Davis Mcfarland increased its stake in Sprouts Farmers Market, Inc. SFM by 131,923 shares during the quarter, bringing its total holdings to 355,204 shares. The filing with the Securities and Exchange Commission on October 23, 2026, showed the investment was valued at approximately $23.6 million.

SFM Sprouts Farmers Market, Inc.

$66.26 ▼ -17.83% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Penn Davis Mcfarland's Sprouts Farmers Market, Inc. Position

The firm expanded its position by 59.1%, growing from 223,281 shares previously. Sprouts Farmers Market shares closed at $66.26 on the filing date.

Other Institutional Activity in Sprouts Farmers Market, Inc.

Other institutional investors also adjusted their positions in the grocery chain. Investment House grew its holdings by 83,205 shares, ending with 247,495 shares worth about $16.4 million. Campbell Newman Asset Management increased its stake by 19,056 shares, finishing with 36,780 shares valued at about $2.4 million. Nordea Investment Management AB reduced its holdings by 149,054 shares to hold 3,261,786 shares worth roughly $216.1 million. Citadel Advisors Llc lifted its position significantly by adding 2,073,622 shares, bringing its total to 2,172,858 shares valued at about $144.0 million.

Sprouts Farmers Market, Inc. Stock Up 1.1%

The stock recently traded around $66.25 as of October 24, 2026, remaining near its 52-week low of $61.88 and well below its 50-day moving average of $72.20.

Recent Earnings

Sprouts Farmers Market operates natural and organic grocery stores across the United States. The company reports its next financial results on October 28, 2026.

Dividend

The company does not currently pay a dividend.

Insider Buying and Selling at Sprouts Farmers Market, Inc.

Company insiders executed several transactions prior to the filing. Chief Executive Officer Jack L. Sinclair disposed of shares in September and October, while other officers and directors also trimmed holdings.

Analysts Set New Price Targets

Wall Street firms updated their views on the grocery retailer ahead of the report. UBS maintains a Neutral rating with an $86 price target, while Evercore ISI Group holds an Outperform rating with a $95 target. Deutsche Bank carries a Hold rating with a $77 target, JP Morgan maintains an Overweight rating with a $90 target, and RBC Capital holds an Outperform rating with an $111 target.

About Sprouts Farmers Market, Inc.

Based in Phoenix, Arizona, Sprouts Farmers Market operates grocery stores focused on fresh, natural, and organic food options, catering to healthy and specialty diets.

Bottom Line

Investors will look to the upcoming earnings release on October 28, 2026, for further clues on retail grocery demand and profit margins. Future institutional filings will show whether funds continue adjusting their positions at these price levels.