30,600 Shares in Central Garden & Pet Company $CENTA Purchased by Denali Advisors LLC

Denali Advisors LLC acquired a new stake in shares of Central Garden & Pet Company (NASDAQ:CENTA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 30,600 shares of the company’s stock, valued at approximately $893,000.

Other large investors have also recently made changes to their positions in the company. LSV Asset Management lifted its position in shares of Central Garden & Pet by 209.2% during the third quarter. LSV Asset Management now owns 1,384,619 shares of the company’s stock valued at $40,888,000 after buying an additional 936,852 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Central Garden & Pet by 181.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 549,355 shares of the company’s stock valued at $16,222,000 after purchasing an additional 354,016 shares in the last quarter. Two Sigma Investments LP grew its holdings in shares of Central Garden & Pet by 1,109.1% during the third quarter. Two Sigma Investments LP now owns 196,777 shares of the company’s stock valued at $5,811,000 after buying an additional 180,503 shares during the last quarter. Hillsdale Investment Management Inc. grew its stake in Central Garden & Pet by 237.5% during 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. Finally, American Century Companies Inc. increased its holdings in shares of Central Garden & Pet by 8.1% in the third quarter. American Century Companies Inc. now owns 1,892,120 shares of the company’s stock valued at $55,874,000 after purchasing an additional 142,319 shares during the period. 50.82% of the stock is owned by institutional investors.

Central Garden & Pet Trading Down 1.4%

Central Garden & Pet stock opened at $34.24 on Friday. The firm has a market cap of $2.13 billion, a PE ratio of 12.45 and a beta of 0.59. Central Garden & Pet Company has a 12 month low of $25.97 and a 12 month high of $37.71. The stock’s 50 day simple moving average is $33.11 and its two-hundred day simple moving average is $31.17. The company has a current ratio of 3.45, a quick ratio of 1.97 and a debt-to-equity ratio of 0.72.

Central Garden & Pet (NASDAQ:CENTA) last posted its earnings results on Wednesday, May 6th. The company reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm 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 anticipate that Central Garden & Pet Company will post 2.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CENTA shares. Wall Street Zen raised Central Garden & Pet from a “hold” rating to a “buy” rating in a report on Saturday. 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. JPMorgan Chase & Co. decreased their price objective on shares of Central Garden & Pet from $33.00 to $32.00 and set an “underweight” rating for the company in a research note on Friday, April 17th. Finally, Canaccord Genuity Group raised shares of Central Garden & Pet to a “buy” rating in a report on Friday, January 16th. One investment 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 assigned a Sell rating to the company. Based on data from MarketBeat, Central Garden & Pet has a consensus rating of “Moderate Buy” and an average target price of $44.00.

Insider Activity

In other Central Garden & Pet news, Director John Ranelli sold 3,668 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $34.50, for a total transaction of $126,546.00. Following the transaction, the director owned 646 shares in the company, valued at approximately $22,287. This represents a 85.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Brendan Dougher sold 3,250 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $33.38, for a total value of $108,485.00. Following the transaction, the director directly owned 12,845 shares of the company’s stock, valued at approximately $428,766.10. The trade was a 20.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 20.28% of the company’s stock.

Central Garden & Pet 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.