6,590 Shares in Central Garden & Pet Company $CENT Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new stake in shares of Central Garden & Pet Company (NASDAQ:CENT) during the 2nd quarter, HoldingsChannel reports. The fund acquired 6,590 shares of the company’s stock, valued at approximately $232,000.

Other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. increased its stake in shares of Central Garden & Pet by 16.1% during the second quarter. PNC Financial Services Group Inc. now owns 2,827 shares of the company’s stock worth $99,000 after purchasing an additional 393 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in Central Garden & Pet in the 1st quarter worth about $33,000. CWM LLC increased its stake in Central Garden & Pet by 222.4% during the 2nd quarter. CWM LLC now owns 1,412 shares of the company’s stock worth $50,000 after buying an additional 974 shares in the last quarter. Simplex Trading LLC raised its holdings in shares of Central Garden & Pet by 136.2% during the first quarter. Simplex Trading LLC now owns 2,048 shares of the company’s stock valued at $75,000 after acquiring an additional 1,181 shares during the last quarter. Finally, Versor Investments LP lifted its position in shares of Central Garden & Pet by 8.8% in the second quarter. Versor Investments LP now owns 17,182 shares of the company’s stock valued at $604,000 after acquiring an additional 1,394 shares in the last quarter. Institutional investors and hedge funds own 16.13% of the company’s stock.

Central Garden & Pet Price Performance

NASDAQ:CENT opened at $34.21 on Thursday. Central Garden & Pet Company has a one year low of $28.77 and a one year high of $43.88. The stock has a market cap of $2.15 billion, a PE ratio of 15.55 and a beta of 0.66. The company has a debt-to-equity ratio of 0.75, a quick ratio of 2.28 and a current ratio of 3.56. The stock has a 50 day moving average price of $31.72 and a 200 day moving average price of $34.92.

Central Garden & Pet (NASDAQ:CENT) last released its quarterly earnings data on Monday, November 24th. The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.11. The company had revenue of $678.18 million for the quarter, compared to analyst estimates of $657.86 million. Central Garden & Pet had a return on equity of 10.77% and a net margin of 4.44%.The firm’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.18) earnings per share. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. Equities research analysts expect that Central Garden & Pet Company will post 2.38 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Central Garden & Pet in a research report on Wednesday, October 8th. Zacks Research cut shares of Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 24th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a $50.00 target price on shares of Central Garden & Pet in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Central Garden & Pet presently has an average rating of “Hold” and an average price target of $42.50.

Central Garden & Pet Company Profile

Central Garden & Pet Co engages in the production and distribution of branded and private label products for the lawn, garden, and pet supplies markets. It operates through the Pet and Garden segments. The Pet segment focuses on dog and cat supplies such as dog treats and chews, toys, pet beds and containment, grooming products, waste management and training pads, supplies for aquatics, small animals, reptiles and pet birds including toys, cages and habitats, bedding, food and supplements, products for equine and livestock, animal and household health and insect control products, live fish, and small animals, as well as outdoor cushions.