Sei Investments Co. Has $3.45 Million Holdings in Central Garden & Pet Company $CENTA

Sei Investments Co. grew its position in shares of Central Garden & Pet Company (NASDAQ:CENTA) by 39.4% in the 1st quarter, HoldingsChannel reports. The fund owned 106,460 shares of the company’s stock after buying an additional 30,075 shares during the period. Sei Investments Co.’s holdings in Central Garden & Pet were worth $3,451,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Central Garden & Pet by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 5,804,612 shares of the company’s stock valued at $169,437,000 after purchasing an additional 20,819 shares during the period. State Street Corp raised its holdings in Central Garden & Pet by 3.5% during the second quarter. State Street Corp now owns 2,174,296 shares of the company’s stock worth $68,034,000 after buying an additional 73,755 shares during the last quarter. LSV Asset Management raised its holdings in Central Garden & Pet by 53.4% during the fourth 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 last quarter. Geode Capital Management LLC raised its holdings in Central Garden & Pet by 1.7% during the fourth 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 last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Central Garden & Pet by 15.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 964,380 shares of the company’s stock valued at $28,150,000 after buying an additional 129,496 shares in the last quarter. 50.82% of the stock is owned by institutional investors and hedge funds.

Central Garden & Pet Price Performance

CENTA opened at $40.60 on Friday. Central Garden & Pet Company has a 1 year low of $25.97 and a 1 year high of $40.79. The company has a debt-to-equity ratio of 0.72, a current ratio of 3.45 and a quick ratio of 2.16. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 15.15 and a beta of 0.59. The firm’s fifty day moving average price is $37.60 and its two-hundred day moving average price is $34.63.

Central Garden & Pet (NASDAQ:CENTA) last announced its earnings results on Wednesday, August 5th. The company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.51 by $0.03. Central Garden & Pet had a net margin of 5.39% and a return on equity of 11.38%. The company had revenue of $882.36 million during the quarter, compared to the consensus estimate of $882.96 million. Central Garden & Pet has set its FY 2026 guidance at 2.850- EPS. As a group, analysts anticipate that Central Garden & Pet Company will post 2.89 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Central Garden & Pet from $32.00 to $37.00 and gave the company an “underweight” rating in a report on Thursday, July 16th. Wall Street Zen upgraded shares of Central Garden & Pet from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Weiss Ratings raised shares of Central Garden & Pet from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday. Zacks Research downgraded Central Garden & Pet from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Finally, Canaccord Genuity Group decreased their price objective on Central Garden & Pet from $54.00 to $53.00 and set a “buy” rating for the company in a report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Central Garden & Pet has an average rating of “Moderate Buy” and a consensus target price of $46.67.

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.