LSV Asset Management Has $61.98 Million Stake in Central Garden & Pet Company $CENTA

LSV Asset Management increased its holdings in Central Garden & Pet Company (NASDAQ:CENTA) by 53.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,123,479 shares of the company’s stock after buying an additional 738,860 shares during the period. LSV Asset Management’s holdings in Central Garden & Pet were worth $61,984,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CENTA. Royal Bank of Canada raised its position in shares of Central Garden & Pet by 15.9% in the first quarter. Royal Bank of Canada now owns 18,471 shares of the company’s stock valued at $605,000 after buying an additional 2,532 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Central Garden & Pet by 56.8% in the first quarter. AQR Capital Management LLC now owns 48,438 shares of the company’s stock valued at $1,585,000 after buying an additional 17,556 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Central Garden & Pet by 2.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,421 shares of the company’s stock valued at $996,000 after buying an additional 743 shares in the last quarter. Millennium Management LLC raised its position in shares of Central Garden & Pet by 179.2% in the first quarter. Millennium Management LLC now owns 180,907 shares of the company’s stock valued at $5,921,000 after buying an additional 116,101 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Central Garden & Pet by 5.1% in the first quarter. Goldman Sachs Group Inc. now owns 263,518 shares of the company’s stock valued at $8,625,000 after buying an additional 12,749 shares in the last quarter. 50.82% of the stock is currently owned by institutional investors and hedge funds.

Central Garden & Pet Stock Performance

Shares of Central Garden & Pet stock opened at $34.57 on Friday. The company has a 50 day moving average of $33.31 and a 200-day moving average of $31.60. 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. The company has a market cap of $2.16 billion, a PE ratio of 12.57 and a beta of 0.59.

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

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CENTA. Wall Street Zen upgraded shares of Central Garden & Pet from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Weiss Ratings raised shares of Central Garden & Pet from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. cut their price target on shares of 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 equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $44.00.

Central Garden & Pet Company 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.