SiteOne Landscape Supply, Inc. (NYSE:SITE) Shares Purchased by New York State Common Retirement Fund

New York State Common Retirement Fund boosted its holdings in shares of SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) by 13.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,237 shares of the industrial products company's stock after acquiring an additional 10,842 shares during the period. New York State Common Retirement Fund owned about 0.20% of SiteOne Landscape Supply worth $12,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of SITE. Tidal Investments LLC raised its position in shares of SiteOne Landscape Supply by 1.5% in the 3rd quarter. Tidal Investments LLC now owns 5,166 shares of the industrial products company's stock valued at $780,000 after purchasing an additional 77 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its stake in SiteOne Landscape Supply by 90.9% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 210 shares of the industrial products company's stock valued at $32,000 after purchasing an additional 100 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of SiteOne Landscape Supply by 6.1% in the third quarter. Arkadios Wealth Advisors now owns 1,842 shares of the industrial products company's stock worth $278,000 after buying an additional 106 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of SiteOne Landscape Supply by 5.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,131 shares of the industrial products company's stock valued at $322,000 after buying an additional 113 shares during the last quarter. Finally, Glenmede Trust Co. NA boosted its holdings in SiteOne Landscape Supply by 2.3% in the third quarter. Glenmede Trust Co. NA now owns 5,279 shares of the industrial products company's stock valued at $797,000 after purchasing an additional 119 shares during the last quarter.

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Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Jefferies Financial Group raised shares of SiteOne Landscape Supply from a "hold" rating to a "buy" rating and increased their price target for the stock from $145.00 to $175.00 in a report on Friday, December 6th. Barclays increased their target price on shares of SiteOne Landscape Supply from $114.00 to $120.00 and gave the company an "underweight" rating in a research report on Thursday, October 31st. UBS Group lowered their price objective on SiteOne Landscape Supply from $185.00 to $182.00 and set a "buy" rating for the company in a research report on Thursday, February 13th. Royal Bank of Canada lifted their target price on SiteOne Landscape Supply from $129.00 to $136.00 and gave the company a "sector perform" rating in a research report on Thursday, February 13th. Finally, Robert W. Baird lowered their price target on SiteOne Landscape Supply from $183.00 to $175.00 and set an "outperform" rating for the company in a report on Thursday, February 13th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $154.56.

SiteOne Landscape Supply Stock Up 1.6 %

Shares of SITE stock traded up $1.93 during trading hours on Friday, reaching $126.41. 495,150 shares of the stock were exchanged, compared to its average volume of 381,642. The business's fifty day moving average is $136.91 and its two-hundred day moving average is $141.45. The firm has a market capitalization of $5.68 billion, a P/E ratio of 46.99 and a beta of 1.57. SiteOne Landscape Supply, Inc. has a 12-month low of $114.60 and a 12-month 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 - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The industrial products company reported ($0.48) earnings per share for the quarter, missing analysts' consensus estimates of ($0.26) by ($0.22). SiteOne Landscape Supply had a net margin of 2.72% and a return on equity of 7.93%. As a group, research analysts expect that SiteOne Landscape Supply, Inc. will post 3.61 EPS for the current fiscal year.

About SiteOne Landscape Supply

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.