William Blair Investment Management LLC Has $10.57 Million Stake in Central Garden & Pet Company $CENTA

William Blair Investment Management LLC decreased its position in Central Garden & Pet Company (NASDAQ:CENTAFree Report) by 59.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 361,982 shares of the company’s stock after selling 522,802 shares during the quarter. William Blair Investment Management LLC’s holdings in Central Garden & Pet were worth $10,566,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CENTA. LSV Asset Management lifted its stake in Central Garden & Pet by 209.2% in the third quarter. LSV Asset Management now owns 1,384,619 shares of the company’s stock valued at $40,888,000 after acquiring an additional 936,852 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Central Garden & Pet by 181.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 549,355 shares of the company’s stock worth $16,222,000 after purchasing an additional 354,016 shares during the last quarter. Two Sigma Investments LP raised its holdings in shares of Central Garden & Pet by 1,109.1% during the 3rd quarter. Two Sigma Investments LP now owns 196,777 shares of the company’s stock valued at $5,811,000 after purchasing an additional 180,503 shares in the last quarter. First Eagle Investment Management LLC bought a new position in shares of Central Garden & Pet during the 4th quarter valued at $5,092,000. Finally, Hillsdale Investment Management Inc. lifted its stake in shares of Central Garden & Pet by 237.5% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 211,600 shares of the company’s stock valued at $6,249,000 after purchasing an additional 148,900 shares during the last quarter. Institutional investors own 50.82% of the company’s stock.

Central Garden & Pet Stock Performance

Shares of CENTA opened at $34.63 on Wednesday. The company has a market capitalization of $2.17 billion, a PE ratio of 12.59 and a beta of 0.59. Central Garden & Pet Company has a one year low of $25.97 and a one year high of $37.71. The company has a debt-to-equity ratio of 0.72, a current ratio of 3.45 and a quick ratio of 2.16. The company’s fifty day moving average price is $33.41 and its 200 day moving average price is $31.72.

Central Garden & Pet (NASDAQ:CENTAGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.08 by $0.21. The company had revenue of $906.15 million during the quarter, compared to analysts’ expectations of $846.58 million. Central Garden & Pet had a net margin of 5.42% and a return on equity of 11.55%. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. As a group, analysts expect that Central Garden & Pet Company will post 2.86 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on CENTA. Weiss Ratings upgraded shares of Central Garden & Pet from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, February 3rd. Wall Street Zen upgraded Central Garden & Pet from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, JPMorgan Chase & Co. reduced their target price on Central Garden & Pet from $33.00 to $32.00 and set an “underweight” rating for the company in a report on Friday, April 17th. One research 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 given a Sell rating to the company’s stock. According to MarketBeat.com, Central Garden & Pet currently has an average rating of “Moderate Buy” and a consensus price target of $44.00.

Get Our Latest Research Report on Central Garden & Pet

Central Garden & Pet Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Central Garden & Pet (NASDAQ:CENTA)

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