Allspring Global Investments Boosts Stake in Central Garden & Pet

Investment firm increases ownership in leading garden and pet supplies company

Apr. 2, 2026 at 7:08am

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Allspring Global Investments Holdings LLC has increased its stake in Central Garden & Pet Company (NASDAQ:CENTA) by 2.9% in the fourth quarter, according to a recent SEC filing. The investment firm now owns 1,924,354 shares, or 3.09% of the company's stock, valued at $55.7 million.

Why it matters

Central Garden & Pet is a major player in the growing lawn, garden, and pet supplies markets. Allspring's increased investment signals confidence in the company's long-term growth potential and market position.

The details

Allspring Global Investments added 54,930 shares of Central Garden & Pet to its portfolio during the fourth quarter. The investment firm now owns nearly 1.9 million shares, making it one of the company's largest institutional shareholders. Central Garden & Pet's stock has seen solid performance, rising over 25% in the past year as the company navigates supply chain challenges and consumer demand shifts.

  • Allspring Global Investments increased its stake in the fourth quarter of 2025.
  • Central Garden & Pet's stock has risen over 25% in the past year.

The players

Allspring Global Investments Holdings LLC

A major investment management firm that has increased its stake in Central Garden & Pet Company.

Central Garden & Pet Company

A leading producer and distributor of branded lawn, garden, and pet supplies in North America.

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The takeaway

Allspring Global Investments' increased stake in Central Garden & Pet reflects confidence in the company's ability to capitalize on trends in the lawn, garden, and pet supplies markets. As a major institutional investor, Allspring's move could signal broader optimism about Central Garden & Pet's growth prospects.