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

Quantinno Capital Management LP boosted its stake in shares of Central Garden & Pet Company (NASDAQ:CENTA) by 69.7% in the 1st quarter, Holdings Channel reports. The fund owned 76,990 shares of the company’s stock after buying an additional 31,622 shares during the period. Quantinno Capital Management LP’s holdings in Central Garden & Pet were worth $2,496,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of CENTA. Denali Advisors LLC purchased a new position in shares of Central Garden & Pet during the 4th quarter valued at approximately $893,000. Jennison Associates LLC lifted its stake in shares of Central Garden & Pet by 118.0% in the 4th quarter. Jennison Associates LLC now owns 58,573 shares of the company’s stock valued at $1,710,000 after purchasing an additional 31,708 shares during the period. Sei Investments Co. boosted its holdings in Central Garden & Pet by 39.4% during the first quarter. Sei Investments Co. now owns 106,460 shares of the company’s stock worth $3,451,000 after buying an additional 30,075 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Central Garden & Pet by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 5,804,612 shares of the company’s stock worth $169,437,000 after buying an additional 20,819 shares in the last quarter. Finally, First Eagle Investment Management LLC acquired a new stake in Central Garden & Pet during the fourth quarter valued at $5,092,000. 50.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Central Garden & Pet Price Performance

Shares of NASDAQ CENTA opened at $39.06 on Monday. The company’s 50-day simple moving average is $37.70 and its 200-day simple moving average is $34.70. Central Garden & Pet Company has a 52-week low of $25.97 and a 52-week high of $40.79. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 14.57 and a beta of 0.59. The company has a quick ratio of 2.67, a current ratio of 3.79 and a debt-to-equity ratio of 0.68.

Central Garden & Pet (NASDAQ:CENTA) last released its quarterly earnings results on Wednesday, August 5th. The company reported $1.54 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $882.96 million. Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. Equities analysts predict that Central Garden & Pet Company will post 3 EPS for the current fiscal 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.