SCHEDULE: FMR LLC Discloses 10.5% Stake in Sprouts Farmers Market

Sentiment:

Beneficial Ownership Disclosure 6 March 2026 10:05 AM

📋All filings for Sprouts Farmers Market, INC

FMR LLC and Abigail P. Johnson have reported a beneficial ownership of 10.5% of Sprouts Farmers Market Inc.'s common stock.

Summary

FMR LLC and Abigail P. Johnson have filed an Amendment No. 1 to Schedule 13G, disclosing their beneficial ownership in Sprouts Farmers Market Inc.
As of February 27, 2026, the aggregate amount beneficially owned by FMR LLC and Abigail P. Johnson is 9,973,789.37 shares of common stock.
This represents 10.5% of the total outstanding common stock of Sprouts Farmers Market Inc.
FMR LLC holds sole voting power over 8,817,890.43 shares and sole dispositive power over 9,973,789.37 shares.
Abigail P. Johnson holds sole dispositive power over 9,973,789.37 shares, with no sole or shared voting power directly attributed to her in this filing, as her ownership is through FMR LLC.
The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Several subsidiaries of FMR LLC, including Fidelity Management & Research Company LLC, are identified as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater.
Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, and a member of the controlling Johnson family group, is deemed to be part of the controlling group for FMR LLC.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as a significant stake by a major institutional investor like FMR LLC typically signals confidence in the company's value and future prospects, without indicating an activist intent.

Positives

A significant stake of 10.5% by a major institutional investor like FMR LLC (Fidelity) can signal confidence in Sprouts Farmers Market Inc.'s long-term prospects.
The filing indicates the shares are held in the ordinary course of business, suggesting a passive investment rather than an activist stance that could create uncertainty.

Negatives

Risks

The filing explicitly states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Sprouts Farmers Market Inc., mitigating potential risks associated with activist investor involvement.

Future Outlook

Industry Context

StockSavvy.ai notes that a significant stake by a prominent asset manager like FMR LLC (Fidelity) in a specialty grocery retailer such as Sprouts Farmers Market Inc. can be interpreted as a vote of confidence in the company's business model and market position within the competitive food retail sector. This type of institutional ownership often suggests a belief in the company's long-term growth potential or its stability as a defensive investment.

Comparison to Industry Standards

NA (This Schedule 13G filing pertains to beneficial ownership disclosure and does not contain operational or financial performance data that would allow for a direct comparison to industry standards or specific comparable companies, projects, and results.)

Stakeholder Impact

Shareholders: The disclosure of a significant institutional stake may increase investor confidence and potentially attract further institutional interest, which could positively impact share price stability.
Management: The presence of a large, passive institutional investor like FMR LLC typically implies a focus on long-term value creation without immediate pressure for strategic changes.

Key Dates

Date	Description
2023-01-03	Effective date of Power of Attorney for FMR LLC.
2023-01-10	Date of Schedule 13G filing by FMR LLC where Power of Attorney is incorporated by reference.
2023-01-26	Effective date of Power of Attorney for Abigail P. Johnson.
2023-01-31	Date of Schedule 13G filing by FMR LLC where Abigail P. Johnson's Power of Attorney is incorporated by reference.
2026-02-27	Date of event which requires filing of this statement (ownership threshold met/reporting period end).
2026-03-05	Date of joint filing agreement and signature date for this Schedule 13G.

Recommendation

hold

The filing indicates a significant, passive institutional investment by FMR LLC in Sprouts Farmers Market Inc., suggesting confidence in the company's long-term value. While this is a positive signal, the filing itself does not provide new operational or financial data to warrant a 'buy' recommendation, nor does it present any negative catalysts for a 'sell'. Therefore, a 'hold' recommendation is appropriate for investors to maintain their current position while monitoring future company performance and market developments.

Keywords

Sprouts Farmers Market, SFM, FMR LLC, Fidelity, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing

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