On May 1, analysts at Stifel upgraded The Scotts Miracle-Gro Company (NYSE:SMG) from Hold to Buy. The Scotts Miracle-Gro Company (NYSE:SMG) manufactures, markets, and sells products for lawn, garden car, and indoor and hydroponic gardening. The Scotts Miracle-Gro Company (NYSE: SMG) We exited our position in Hydrofarm Holdings Group, Inc. as we felt the macro headwinds the company was facing in its end-markets were both challenging and worsening.ġ. Cash at the end of the quarter was 3.4%, which is in line with our low to mid-singledigit targeted levels. This is in line with historical weightings. “Our top 10 holdings represented 25.6% of the Fund’s net assets at the end of the fourth quarter. (NASDAQ:HYFM) in its fourth-quarter 2021 investor letter. Their total stake value was $3.4 million.īaron Funds, an asset management firm, mentioned Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) was found among the 13F holdings of 10 hedge funds in the fourth quarter. This gives the stock an upside potential of 33.80%. It is based in Shoemakersville, Pennsylvania.Īnalysts have placed an average price target of $1.90 on Hydrofarm Holdings Group, Inc. (NASDAQ:HYFM) manufactures and distributes controlled environment agriculture equipment and supplies for the vertical farming segment. We may use your email to send marketing emails about our services.
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