SCHEDULE 13G/A: BlackRock Amends Central Garden & Pet Co. Stake, Discloses 14.1% Beneficial Ownership

Sentiment:

Beneficial Ownership Disclosure


BlackRock, Inc. has filed an amended Schedule 13G, revealing a 14.1% beneficial ownership stake in Central Garden & Pet Co.'s Class A Stock as of March 31, 2025.

Summary

  • BlackRock, Inc. has filed Amendment No. 19 to its Schedule 13G regarding its beneficial ownership in Central Garden & Pet Co.'s Class A Stock.
  • As of March 31, 2025, BlackRock, Inc. beneficially owns an aggregate of 7,525,829 shares of Central Garden & Pet Co. Class A Stock.
  • This aggregate amount represents 14.1% of the Class A Stock outstanding.
  • BlackRock holds sole voting power over 7,440,620 shares and sole dispositive power over 7,525,829 shares.
  • No shared voting or dispositive power is reported.
  • BlackRock, Inc. is classified as a Parent Holding Company and Control Person (HC, HC).
  • One of BlackRock's entities, iShares Core S&P Small-Cap ETF, is noted to have an interest of more than five percent of the total outstanding common stock.
  • BlackRock Fund Advisors is also identified as an entity beneficially owning 5% or greater of the outstanding shares of the security class.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative performance indicators or forward-looking statements from the issuer.

Positives

  • NA

Negatives

  • NA

Risks

  • NA

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Central Garden & Pet Co.'s future performance or outlook. It is a disclosure of current beneficial ownership.

Management Comments

  • BlackRock, Inc. certifies that, to the best of its knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities, and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Industry Context

This filing is a routine disclosure by a major institutional investor, BlackRock, Inc., regarding its passive ownership stake in Central Garden & Pet Co. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

  • Shareholders: The disclosure of BlackRock's 14.1% stake indicates a significant and stable institutional holder, which can be viewed positively by other investors as a sign of confidence or stability in the company's stock.

Key Dates

DateDescription
2023-04-30Date of previously revoked Power of Attorney.
2025-01-21Date of execution for the new Power of Attorney.
2025-03-31Date of event which requires the filing of this statement.
2025-04-30Date the Schedule 13G Amendment No. 19 was signed.

Keywords

BlackRock, Central Garden & Pet Co, Schedule 13G, Beneficial Ownership, Class A Stock, Institutional Investor, SEC Filing, Investment Management, Asset Management

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