Deltroit Asset Management UK LLP Buys New Stake in Central Garden & Pet Company $CENTA

Deltroit Asset Management UK LLP bought a new stake in Central Garden & Pet Company (NASDAQ:CENTA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 87,278 shares of the company’s stock, valued at approximately $2,548,000. Central Garden & Pet accounts for about 0.4% of Deltroit Asset Management UK LLP’s portfolio, making the stock its 28th biggest holding. Deltroit Asset Management UK LLP owned 0.14% of Central Garden & Pet at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Public Sector Pension Investment Board increased its position in Central Garden & Pet by 16.0% in the 3rd quarter. Public Sector Pension Investment Board now owns 235,482 shares of the company’s stock valued at $6,954,000 after buying an additional 32,496 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in Central Garden & Pet by 2.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,924,354 shares of the company’s stock valued at $55,729,000 after buying an additional 54,930 shares in the last quarter. LSV Asset Management increased its position in Central Garden & Pet by 209.2% in the 3rd 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 in the last quarter. Victory Capital Management Inc. boosted its stake in Central Garden & Pet by 5.5% during the 3rd quarter. Victory Capital Management Inc. now owns 2,217,545 shares of the company’s stock valued at $65,484,000 after purchasing an additional 115,706 shares during the last quarter. Finally, Denali Advisors LLC acquired a new position in Central Garden & Pet during the 4th quarter valued at about $893,000. 50.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on CENTA shares. Wall Street Zen upgraded Central Garden & Pet from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. cut their price target on 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. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $44.00.

Central Garden & Pet Price Performance

CENTA stock opened at $35.31 on Friday. The company has a market capitalization of $2.21 billion, a P/E ratio of 12.84 and a beta of 0.59. 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 Company has a 52-week low of $25.97 and a 52-week high of $37.71. The business has a 50-day simple moving average of $33.79 and a two-hundred day simple moving average of $32.02.

Central Garden & Pet (NASDAQ:CENTA) last released its quarterly earnings results 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. The business had revenue of $906.15 million during the quarter, compared to the consensus estimate of $846.58 million. Central Garden & Pet had a return on equity of 11.55% and a net margin of 5.42%.Central Garden & Pet has set its FY 2026 guidance at 2.700- EPS. Research analysts expect that Central Garden & Pet Company will post 2.86 EPS for the current fiscal year.

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.