Central Garden & Pet Company $CENTA Holdings Trimmed by GW&K Investment Management LLC

GW&K Investment Management LLC lowered its position in shares of Central Garden & Pet Company (NASDAQ:CENTA) by 2.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,000,206 shares of the company’s stock after selling 22,257 shares during the quarter. GW&K Investment Management LLC’s holdings in Central Garden & Pet were worth $29,196,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Federated Hermes Inc. boosted its stake in Central Garden & Pet by 164.0% during the third quarter. Federated Hermes Inc. now owns 858 shares of the company’s stock valued at $25,000 after buying an additional 533 shares in the last quarter. Advisory Services Network LLC bought a new position in Central Garden & Pet during the third quarter valued at about $29,000. EverSource Wealth Advisors LLC boosted its stake in Central Garden & Pet by 444.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,001 shares of the company’s stock valued at $31,000 after buying an additional 817 shares in the last quarter. IFP Advisors Inc boosted its stake in Central Garden & Pet by 198.4% during the fourth quarter. IFP Advisors Inc now owns 1,131 shares of the company’s stock valued at $33,000 after buying an additional 752 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Central Garden & Pet by 239.5% during the second quarter. Tower Research Capital LLC TRC now owns 6,220 shares of the company’s stock valued at $195,000 after buying an additional 4,388 shares in the last quarter. Institutional investors own 50.82% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. JPMorgan Chase & Co. decreased their price target on Central Garden & Pet from $33.00 to $32.00 and set an “underweight” rating for the company in a research report on Friday, April 17th. Wall Street Zen raised Central Garden & Pet from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Central Garden & Pet presently has a consensus rating of “Moderate Buy” and an average target price of $44.00.

Central Garden & Pet Trading Up 0.8%

Shares of CENTA opened at $36.78 on Thursday. The business’s 50-day moving average price is $34.00 and its 200 day moving average price is $32.23. The stock has a market capitalization of $2.30 billion, a P/E ratio of 13.37 and a beta of 0.59. Central Garden & Pet Company has a 1-year low of $25.97 and a 1-year high of $37.71. The company has a current ratio of 3.45, a quick ratio of 2.16 and a debt-to-equity ratio of 0.72.

Central Garden & Pet (NASDAQ:CENTA) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.29 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.21. Central Garden & Pet had a return on equity of 11.55% and a net margin of 5.42%.The firm had revenue of $906.15 million during the quarter, compared to analyst estimates of $846.58 million. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. Analysts expect that Central Garden & Pet Company will post 2.83 earnings per share for the current year.

Central Garden & Pet Profile

Central Garden & Pet Co is a leading producer, marketer and distributor of branded consumable gardening products and pet supplies in North America. Headquartered in Walnut Creek, California, the company serves both retail and wholesale customers through a network of distribution centers across the United States and Canada. Operating under the ticker symbol CENTA on the NASDAQ exchange, Central Garden & Pet has been publicly traded since 2003.

The company’s Garden segment offers a broad portfolio of lawn and garden care solutions, including fertilizers, weed and pest control products, soil and mulch, and plant care accessories.