Janus Henderson Group PLC Buys 2,379 Shares of SiteOne Landscape Supply, Inc. (NYSE:SITE)

Janus Henderson Group PLC boosted its holdings in SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) by 4.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,163 shares of the industrial products company's stock after acquiring an additional 2,379 shares during the quarter. Janus Henderson Group PLC owned about 0.12% of SiteOne Landscape Supply worth $6,868,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC raised its holdings in SiteOne Landscape Supply by 71.2% during the 3rd quarter. Barclays PLC now owns 48,398 shares of the industrial products company's stock worth $7,304,000 after buying an additional 20,134 shares during the period. US Bancorp DE raised its holdings in SiteOne Landscape Supply by 10.5% during the 4th quarter. US Bancorp DE now owns 6,717 shares of the industrial products company's stock worth $885,000 after buying an additional 638 shares during the period. SG Americas Securities LLC acquired a new stake in SiteOne Landscape Supply during the 4th quarter worth about $427,000. Jones Financial Companies Lllp raised its holdings in SiteOne Landscape Supply by 11.6% during the 4th quarter. Jones Financial Companies Lllp now owns 1,498 shares of the industrial products company's stock worth $197,000 after buying an additional 156 shares during the period. Finally, Crown Oak Advisors LLC raised its holdings in SiteOne Landscape Supply by 12.9% during the 4th quarter. Crown Oak Advisors LLC now owns 53,084 shares of the industrial products company's stock worth $6,995,000 after buying an additional 6,074 shares during the period.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Barclays cut their price objective on SiteOne Landscape Supply from $120.00 to $106.00 and set an "underweight" rating on the stock in a report on Tuesday, April 8th. Robert W. Baird cut their price objective on SiteOne Landscape Supply from $183.00 to $175.00 and set an "outperform" rating on the stock in a report on Thursday, February 13th. Wall Street Zen upgraded SiteOne Landscape Supply from a "sell" rating to a "hold" rating in a report on Thursday, May 1st. UBS Group lowered their target price on SiteOne Landscape Supply from $185.00 to $182.00 and set a "buy" rating on the stock in a research note on Thursday, February 13th. Finally, Truist Financial lowered their target price on SiteOne Landscape Supply from $165.00 to $145.00 and set a "buy" rating on the stock in a research note on Thursday, May 1st. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $145.70.

SiteOne Landscape Supply Stock Up 0.0%

Shares of NYSE SITE traded up $0.04 during trading hours on Friday, hitting $115.81. The stock had a trading volume of 432,157 shares, compared to its average volume of 429,196. The company has a market capitalization of $5.19 billion, a P/E ratio of 43.05 and a beta of 1.62. The firm's 50-day moving average price is $118.04 and its two-hundred day moving average price is $131.57. SiteOne Landscape Supply, Inc. has a 52 week low of $101.25 and a 52 week high of $160.75. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.16 and a current ratio of 2.53.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The industrial products company reported ($0.61) EPS for the quarter, missing the consensus estimate of ($0.50) by ($0.11). The firm had revenue of $939.40 million during the quarter, compared to the consensus estimate of $933.90 million. SiteOne Landscape Supply had a net margin of 2.72% and a return on equity of 7.93%. The company's quarterly revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.43) EPS. Analysts anticipate that SiteOne Landscape Supply, Inc. will post 3.61 EPS for the current fiscal year.

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.