SiteOne Landscape Supply, Inc. (NYSE:SITE) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lowered its stake in SiteOne Landscape Supply, Inc. (NYSE:SITE) by 3.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 85,546 shares of the industrial products company’s stock after selling 3,485 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.19% of SiteOne Landscape Supply worth $12,910,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of SiteOne Landscape Supply in the 2nd quarter worth approximately $27,000. Toronto Dominion Bank purchased a new stake in SiteOne Landscape Supply in the first quarter valued at approximately $29,000. Blue Trust Inc. lifted its stake in SiteOne Landscape Supply by 287.7% during the third quarter. Blue Trust Inc. now owns 252 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 187 shares in the last quarter. American National Bank & Trust purchased a new position in shares of SiteOne Landscape Supply during the third quarter worth $49,000. Finally, Quarry LP purchased a new stake in shares of SiteOne Landscape Supply in the 2nd quarter valued at $61,000.

SiteOne Landscape Supply Stock Up 0.8 %

SiteOne Landscape Supply stock opened at $139.54 on Thursday. The stock’s fifty day moving average is $145.35 and its two-hundred day moving average is $140.66. The stock has a market cap of $6.30 billion, a PE ratio of 45.16 and a beta of 1.53. SiteOne Landscape Supply, Inc. has a 1-year low of $114.60 and a 1-year high of $188.01. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.53 and a quick ratio of 1.16.

SiteOne Landscape Supply (NYSE:SITE) last posted its earnings results on Wednesday, October 30th. The industrial products company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.18 by ($0.21). The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.19 billion. SiteOne Landscape Supply had a return on equity of 9.21% and a net margin of 3.16%. SiteOne Landscape Supply’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.25 EPS. On average, sell-side analysts expect that SiteOne Landscape Supply, Inc. will post 3.41 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Robert W. Baird lifted their target price on SiteOne Landscape Supply from $168.00 to $183.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Truist Financial lifted their price objective on shares of SiteOne Landscape Supply from $158.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, August 1st. Stifel Nicolaus lowered shares of SiteOne Landscape Supply from a “buy” rating to a “hold” rating and set a $150.00 target price on the stock. in a report on Thursday, August 1st. Royal Bank of Canada dropped their price target on shares of SiteOne Landscape Supply from $133.00 to $132.00 and set a “sector perform” rating for the company in a research note on Thursday, August 1st. Finally, StockNews.com upgraded SiteOne Landscape Supply from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, SiteOne Landscape Supply has an average rating of “Hold” and an average target price of $147.80.

SiteOne Landscape Supply Profile

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.