SiteOne Landscape Supply (SITE) – Investment Analysts’ Recent Ratings Changes

SiteOne Landscape Supply (NYSE: SITE) recently received a number of ratings updates from brokerages and research firms:

• 2/13/2025 – SiteOne Landscape Supply was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 2/13/2025 – SiteOne Landscape Supply had its price target raised by analysts at Royal Bank of Canada from $129.00 to $136.00. They now have a “sector perform” rating on the stock.
• 2/13/2025 – SiteOne Landscape Supply had its price target lowered by analysts at Robert W. Baird from $183.00 to $175.00. They now have an “outperform” rating on the stock.
• 2/13/2025 – SiteOne Landscape Supply had its price target lowered by analysts at UBS Group AG from $185.00 to $182.00. They now have a “buy” rating on the stock.
• 2/10/2025 – SiteOne Landscape Supply had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $140.00 price target on the stock, down previously from $145.00.
• 1/28/2025 – SiteOne Landscape Supply was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 1/20/2025 – SiteOne Landscape Supply was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

SiteOne Landscape Supply Stock Up 3.6 %

SiteOne Landscape Supply stock opened at $146.21 on Tuesday. The stock has a market cap of $6.60 billion, a P/E ratio of 47.32 and a beta of 1.57. The company has a quick ratio of 1.16, a current ratio of 2.53 and a debt-to-equity ratio of 0.31. SiteOne Landscape Supply, Inc. has a twelve month low of $114.60 and a twelve month high of $188.01. The company’s 50-day moving average price is $137.93 and its two-hundred day moving average price is $141.48.

SiteOne Landscape Supply (NYSE:SITE) last released its quarterly earnings results on Wednesday, February 12th. The industrial products company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($0.22). SiteOne Landscape Supply had a net margin of 3.16% and a return on equity of 9.21%. As a group, analysts expect that SiteOne Landscape Supply, Inc. will post 2.94 EPS for the current year.

Insider Transactions at SiteOne Landscape Supply

In other news, EVP Joseph Ketter sold 6,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $142.20, for a total transaction of $924,300.00. Following the transaction, the executive vice president now directly owns 12,942 shares of the company’s stock, valued at approximately $1,840,352.40. This trade represents a 33.43 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.70% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Barclays PLC increased its stake in SiteOne Landscape Supply by 71.2% in the third quarter. Barclays PLC now owns 48,398 shares of the industrial products company’s stock valued at $7,304,000 after acquiring an additional 20,134 shares during the last quarter. Holocene Advisors LP increased its stake in SiteOne Landscape Supply by 38.2% in the third quarter. Holocene Advisors LP now owns 51,625 shares of the industrial products company’s stock valued at $7,791,000 after acquiring an additional 14,269 shares during the last quarter. Algert Global LLC increased its stake in SiteOne Landscape Supply by 375.4% in the third quarter. Algert Global LLC now owns 29,506 shares of the industrial products company’s stock valued at $4,453,000 after acquiring an additional 23,300 shares during the last quarter. Janus Henderson Group PLC increased its stake in SiteOne Landscape Supply by 36.5% in the third quarter. Janus Henderson Group PLC now owns 49,784 shares of the industrial products company’s stock valued at $7,512,000 after acquiring an additional 13,314 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its stake in SiteOne Landscape Supply by 16.4% in the third quarter. Oppenheimer Asset Management Inc. now owns 35,269 shares of the industrial products company’s stock valued at $5,322,000 after acquiring an additional 4,970 shares during the last quarter.

SiteOne Landscape Supply, Inc, together with its subsidiaries, engages in the wholesale distribution of landscape supplies in the United States and Canada. The company provides irrigation products, including controllers, valves, sprinkler heads, irrigation pipes, micro irrigation, and drip products; fertilizer, grass seed, and ice melt products; control products, such as herbicides, fungicides, rodenticides, and other pesticides; landscape accessories that include mulches, soil amendments, drainage pipes, tools, and sods; nursery goods, which consist of deciduous and evergreen shrubs, ornamental, shade, evergreen trees, field grown and container-grown nursery stock, roses, perennials, annuals, bulbs, and plant species and cultivars; hardscapes, such as pavers, natural stones, blocks, and other durable materials; and outdoor lighting products that include lighting fixtures, LED lamps, wires, transformers, and accessories.