Intech Investment Management LLC Has $644,000 Stock Position in Central Garden & Pet Company $CENTA

Intech Investment Management LLC reduced its stake in shares of Central Garden & Pet Company (NASDAQ:CENTA) by 52.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 22,075 shares of the company’s stock after selling 23,898 shares during the period. Intech Investment Management LLC’s holdings in Central Garden & Pet were worth $644,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Geode Capital Management LLC raised its holdings in Central Garden & Pet by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 1,038,370 shares of the company’s stock worth $30,317,000 after buying an additional 17,263 shares during the period. Systematic Financial Management LP raised its holdings in Central Garden & Pet by 320.0% during the 4th quarter. Systematic Financial Management LP now owns 21,125 shares of the company’s stock worth $617,000 after buying an additional 16,095 shares during the period. LSV Asset Management raised its holdings in Central Garden & Pet by 53.4% during the 4th quarter. LSV Asset Management now owns 2,123,479 shares of the company’s stock worth $61,984,000 after buying an additional 738,860 shares during the period. FourThought Financial Partners LLC acquired a new stake in Central Garden & Pet during the 4th quarter worth approximately $330,000. Finally, IFP Advisors Inc raised its holdings in Central Garden & Pet by 198.4% during the 4th quarter. IFP Advisors Inc now owns 1,131 shares of the company’s stock worth $33,000 after buying an additional 752 shares during the period. 50.82% of the stock is currently owned by institutional investors and hedge funds.

Central Garden & Pet Price Performance

NASDAQ:CENTA opened at $36.49 on Wednesday. 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 firm has a fifty day simple moving average of $33.92 and a 200 day simple moving average of $32.16. The stock has a market capitalization of $2.28 billion, a PE ratio of 13.27 and a beta of 0.59.

Central Garden & Pet (NASDAQ:CENTA) last released its earnings results on Wednesday, May 6th. The company reported $1.29 earnings per share 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 business 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. On average, research analysts expect that Central Garden & Pet Company will post 2.83 EPS for the current fiscal year.

Analyst Ratings Changes

CENTA has been the topic of several research analyst reports. Wall Street Zen upgraded shares of Central Garden & Pet from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. lowered their price objective on shares of Central Garden & Pet from $33.00 to $32.00 and set an “underweight” rating on the stock in a report on Friday, April 17th. One 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 assigned a Sell rating to the company. According to data from MarketBeat, Central Garden & Pet has a consensus 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.