Quantinno Capital Management LP Has $1.36 Million Stock Position in Central Garden & Pet Company $CENT

Quantinno Capital Management LP increased its stake in shares of Central Garden & Pet Company (NASDAQ:CENT) by 45.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 37,080 shares of the company’s stock after acquiring an additional 11,508 shares during the period. Quantinno Capital Management LP owned about 0.06% of Central Garden & Pet worth $1,363,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Legal & General Group Plc raised its stake in shares of Central Garden & Pet by 1.5% during the 2nd quarter. Legal & General Group Plc now owns 25,503 shares of the company’s stock worth $897,000 after purchasing an additional 369 shares in the last quarter. Barclays PLC grew its stake in shares of Central Garden & Pet by 1.0% in the fourth quarter. Barclays PLC now owns 43,520 shares of the company’s stock valued at $1,399,000 after buying an additional 411 shares in the last quarter. Inspire Investing LLC grew its stake in shares of Central Garden & Pet by 3.8% in the fourth quarter. Inspire Investing LLC now owns 14,492 shares of the company’s stock valued at $466,000 after buying an additional 531 shares in the last quarter. R Squared Ltd increased its holdings in Central Garden & Pet by 7.6% during the first quarter. R Squared Ltd now owns 8,241 shares of the company’s stock worth $303,000 after buying an additional 583 shares during the last quarter. Finally, Lazard Asset Management LLC raised its position in Central Garden & Pet by 4.8% during the second quarter. Lazard Asset Management LLC now owns 12,949 shares of the company’s stock worth $454,000 after acquiring an additional 589 shares in the last quarter. 16.13% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on CENT shares. Weiss Ratings upgraded shares of Central Garden & Pet from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. Canaccord Genuity Group upped their target price on shares of Central Garden & Pet from $51.00 to $54.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Zacks Research downgraded shares of Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $54.00.

Central Garden & Pet Stock Down 0.3%

NASDAQ CENT opened at $44.44 on Friday. 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 1-year low of $28.77 and a 1-year high of $46.97. The company has a 50 day moving average of $43.43 and a 200-day moving average of $39.51. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 16.58 and a beta of 0.61.

Central Garden & Pet (NASDAQ:CENT) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The business had revenue of $883.72 million for the quarter, compared to the consensus estimate of $882.96 million. Central Garden & Pet had a return on equity of 11.13% and a net margin of 5.39%.The firm’s quarterly revenue was down 8.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.56 earnings per share. Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. On average, equities research analysts expect that Central Garden & Pet Company will post 3 earnings per share for the current fiscal year.

Insider Activity at Central Garden & Pet

In related news, insider John D. Walker III sold 5,000 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $38.50, for a total value of $192,500.00. Following the completion of the transaction, the insider owned 64,679 shares of the company’s stock, valued at $2,490,141.50. The trade was a 7.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 8.20% of the company’s stock.

Central Garden & Pet Company Profile

Central Garden & Pet (NASDAQ: CENT) is a leading North American specialty retailer, manufacturer and distributor serving the lawn and garden and pet supplies markets. The company operates through two primary segments: Pet and Garden. In the Pet segment, Central Garden & Pet offers a comprehensive range of products including pet food, treats, accessories, training products and habitat solutions for dogs, cats, birds, fish and small animals. The Garden segment encompasses a wide array of lawn, garden and outdoor living products, such as soils, fertilizers, planters, pest control solutions, landscape lighting and watering equipment.

Central Garden & Pet’s product portfolio includes both proprietary and branded offerings.