Aigen Investment Management LP Buys Shares of 13,330 Central Garden & Pet Company $CENTA

Aigen Investment Management LP bought a new stake in Central Garden & Pet Company (NASDAQ:CENTA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,330 shares of the company’s stock, valued at approximately $389,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CENTA. Public Sector Pension Investment Board grew its holdings in shares of Central Garden & Pet by 16.0% during the third quarter. Public Sector Pension Investment Board now owns 235,482 shares of the company’s stock worth $6,954,000 after buying an additional 32,496 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Central Garden & Pet by 2.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,924,354 shares of the company’s stock worth $55,729,000 after buying an additional 54,930 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Central Garden & Pet by 5.5% during the third quarter. Victory Capital Management Inc. now owns 2,217,545 shares of the company’s stock worth $65,484,000 after buying an additional 115,706 shares in the last quarter. Denali Advisors LLC bought a new position in shares of Central Garden & Pet during the fourth quarter worth about $893,000. Finally, Jennison Associates LLC grew its holdings in shares of Central Garden & Pet by 118.0% during the fourth quarter. Jennison Associates LLC now owns 58,573 shares of the company’s stock worth $1,710,000 after buying an additional 31,708 shares in the last quarter. 50.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Wall Street Zen upgraded Central Garden & Pet from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. decreased their price objective 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 investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Central Garden & Pet currently has an average rating of “Moderate Buy” and an average price target of $44.00.

Central Garden & Pet Stock Performance

Shares of NASDAQ CENTA opened at $37.94 on Tuesday. Central Garden & Pet Company has a 52 week low of $25.97 and a 52 week high of $38.15. The stock has a market capitalization of $2.37 billion, a PE ratio of 13.80 and a beta of 0.59. The stock has a 50 day moving average price of $34.34 and a 200 day moving average price of $32.40. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.16 and a current ratio of 3.45.

Central Garden & Pet (NASDAQ:CENTA) last released its quarterly earnings data 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. Central Garden & Pet had a return on equity of 11.55% and a net margin of 5.42%.The company had revenue of $906.15 million during the quarter, compared to analysts’ expectations of $846.58 million. Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. Analysts predict that Central Garden & Pet Company will post 2.89 earnings per share for the current fiscal year.

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.