Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
SpartanNash Co ( (SPTN) ) has provided an announcement.
On September 9, 2025, SpartanNash held a virtual special meeting of shareholders to vote on proposals related to a merger agreement with C&S Wholesale Grocers. The merger, which will result in SpartanNash becoming a wholly-owned subsidiary of New Mackinac HoldCo, Inc., was approved by a significant majority of shareholders. Additionally, proposals regarding executive compensation and potential adjournment of the meeting were also approved, reflecting strong shareholder support for the transaction.
The most recent analyst rating on (SPTN) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on SpartanNash Co stock, see the SPTN Stock Forecast page.
Spark’s Take on SPTN Stock
According to Spark, TipRanks’ AI Analyst, SPTN is a Neutral.
SpartanNash Co’s overall stock score reflects a balance of strong revenue growth and strategic initiatives against profitability challenges and high leverage. The technical analysis suggests bullish momentum, but caution is advised due to overbought conditions. The valuation is mixed, with a negative P/E ratio but a solid dividend yield. Legal challenges related to the merger add uncertainty, though the merger itself could bring long-term benefits.
To see Spark’s full report on SPTN stock, click here.
More about SpartanNash Co
SpartanNash Company is a Michigan-based corporation operating in the grocery distribution industry. It primarily focuses on distributing food and grocery products, serving a wide range of retail and wholesale customers.
Average Trading Volume: 932,575
Technical Sentiment Signal: Buy
Current Market Cap: $908.1M
For an in-depth examination of SPTN stock, go to TipRanks’ Overview page.