Central Garden & Pet Company $CENTA Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP raised its holdings in Central Garden & Pet Company (NASDAQ:CENTA) by 69.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 76,990 shares of the company’s stock after buying an additional 31,622 shares during the quarter. Quantinno Capital Management LP owned about 0.12% of Central Garden & Pet worth $2,496,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd acquired a new position in shares of Central Garden & Pet during the fourth quarter valued at about $25,000. Advisory Services Network LLC purchased a new stake in Central Garden & Pet during the 3rd quarter worth approximately $29,000. EverSource Wealth Advisors LLC grew its position in Central Garden & Pet by 444.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,001 shares of the company’s stock worth $31,000 after purchasing an additional 817 shares during the last quarter. IFP Advisors Inc increased its stake in Central Garden & Pet by 198.4% during the 4th quarter. IFP Advisors Inc now owns 1,131 shares of the company’s stock valued at $33,000 after purchasing an additional 752 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its stake in Central Garden & Pet by 577.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,654 shares of the company’s stock valued at $48,000 after purchasing an additional 1,410 shares in the last quarter. Institutional investors and hedge funds own 50.82% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on CENTA. Zacks Research downgraded shares of Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Wall Street Zen downgraded Central Garden & Pet from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings upgraded Central Garden & Pet from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 4th. JPMorgan Chase & Co. lifted their price target on Central Garden & Pet from $32.00 to $37.00 and gave the stock an “underweight” rating in a research report on Thursday, July 16th. Finally, Canaccord Genuity Group dropped their price target on Central Garden & Pet from $54.00 to $53.00 and set a “buy” rating on the stock in a research note on Wednesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Central Garden & Pet has a consensus rating of “Moderate Buy” and an average price target of $46.67.

Central Garden & Pet Stock Performance

Shares of NASDAQ CENTA opened at $39.06 on Monday. The company has a current ratio of 3.79, a quick ratio of 2.67 and a debt-to-equity ratio of 0.68. Central Garden & Pet Company has a 12 month low of $25.97 and a 12 month high of $40.79. The company has a 50 day simple moving average of $37.70 and a two-hundred day simple moving average of $34.70. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.59.

Central Garden & Pet (NASDAQ:CENTA) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.03. Central Garden & Pet had a net margin of 5.39% and a return on equity of 11.13%. The firm had revenue of $882.36 million for the quarter, compared to analyst estimates of $882.96 million. Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. As a group, analysts predict that Central Garden & Pet Company will post 3 earnings per share for the current year.

About Central Garden & Pet

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.