6,979 Shares in SiteOne Landscape Supply, Inc. $SITE Acquired by Savant Capital LLC

Savant Capital LLC purchased a new position in SiteOne Landscape Supply, Inc. (NYSE:SITE) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,979 shares of the industrial products company’s stock, valued at approximately $844,000.

Other large investors also recently modified their holdings of the company. Price T Rowe Associates Inc. MD raised its stake in SiteOne Landscape Supply by 12.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,079,615 shares of the industrial products company’s stock worth $738,309,000 after buying an additional 660,081 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in SiteOne Landscape Supply by 31.0% during the first quarter. T. Rowe Price Investment Management Inc. now owns 2,092,742 shares of the industrial products company’s stock valued at $254,143,000 after acquiring an additional 494,737 shares during the last quarter. Jackson Square Partners LLC grew its holdings in SiteOne Landscape Supply by 2,732.2% during the 1st quarter. Jackson Square Partners LLC now owns 176,755 shares of the industrial products company’s stock worth $21,465,000 after acquiring an additional 170,514 shares during the period. Invesco Ltd. grew its holdings in SiteOne Landscape Supply by 108.8% during the 1st quarter. Invesco Ltd. now owns 309,504 shares of the industrial products company’s stock worth $37,586,000 after acquiring an additional 161,263 shares during the period. Finally, Ameriprise Financial Inc. raised its position in shares of SiteOne Landscape Supply by 21.3% in the 1st quarter. Ameriprise Financial Inc. now owns 773,358 shares of the industrial products company’s stock worth $93,913,000 after acquiring an additional 135,949 shares in the last quarter.

SiteOne Landscape Supply Price Performance

Shares of NYSE:SITE opened at $127.08 on Friday. SiteOne Landscape Supply, Inc. has a twelve month low of $101.25 and a twelve month high of $160.74. The stock’s 50 day moving average is $128.85 and its 200-day moving average is $128.08. The company has a quick ratio of 1.14, a current ratio of 2.49 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $5.66 billion, a price-to-earnings ratio of 41.26, a PEG ratio of 2.05 and a beta of 1.60.

SiteOne Landscape Supply (NYSE:SITE) last posted its quarterly earnings results on Wednesday, October 29th. The industrial products company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.09. SiteOne Landscape Supply had a net margin of 2.98% and a return on equity of 8.62%. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter last year, the firm posted $0.97 EPS. SiteOne Landscape Supply’s revenue was up 4.1% compared to the same quarter last year. Sell-side analysts forecast that SiteOne Landscape Supply, Inc. will post 3.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SITE has been the topic of several research analyst reports. Royal Bank Of Canada upped their target price on SiteOne Landscape Supply from $143.00 to $151.00 and gave the company a “sector perform” rating in a research report on Thursday, October 30th. The Goldman Sachs Group dropped their price target on SiteOne Landscape Supply from $158.00 to $138.00 and set a “neutral” rating on the stock in a research note on Monday, October 13th. Barclays increased their price target on SiteOne Landscape Supply from $106.00 to $120.00 and gave the stock an “underweight” rating in a report on Thursday, October 30th. Wall Street Zen upgraded shares of SiteOne Landscape Supply from a “sell” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, Zacks Research lowered shares of SiteOne Landscape Supply from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 28th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $150.70.

SiteOne Landscape Supply Company 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.