International Assets Investment Management LLC Has $14.66 Million Holdings in SiteOne Landscape Supply, Inc. (NYSE:SITE)

International Assets Investment Management LLC boosted its holdings in SiteOne Landscape Supply, Inc. (NYSE:SITE - Free Report) by 14,782.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 90,188 shares of the industrial products company's stock after acquiring an additional 89,582 shares during the period. International Assets Investment Management LLC owned 0.20% of SiteOne Landscape Supply worth $14,656,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Fenimore Asset Management Inc. lifted its holdings in shares of SiteOne Landscape Supply by 13.9% during the 4th quarter. Fenimore Asset Management Inc. now owns 112,831 shares of the industrial products company's stock worth $18,335,000 after acquiring an additional 13,800 shares during the period. HB Wealth Management LLC lifted its holdings in shares of SiteOne Landscape Supply by 17.5% during the 4th quarter. HB Wealth Management LLC now owns 1,884 shares of the industrial products company's stock worth $306,000 after acquiring an additional 280 shares during the period. SG Americas Securities LLC lifted its holdings in shares of SiteOne Landscape Supply by 55.4% during the 4th quarter. SG Americas Securities LLC now owns 1,698 shares of the industrial products company's stock worth $276,000 after acquiring an additional 605 shares during the period. American Century Companies Inc. lifted its holdings in shares of SiteOne Landscape Supply by 26.3% during the 3rd quarter. American Century Companies Inc. now owns 9,418 shares of the industrial products company's stock worth $1,539,000 after acquiring an additional 1,964 shares during the period. Finally, Graham Capital Management L.P. purchased a new position in shares of SiteOne Landscape Supply during the 3rd quarter worth about $221,000.

Wall Street Analyst Weigh In

Several research analysts recently commented on SITE shares. Stifel Nicolaus lowered shares of SiteOne Landscape Supply from a "buy" rating to a "hold" rating and raised their price target for the company from $150.00 to $167.00 in a report on Tuesday, December 19th. Royal Bank of Canada raised their price target on shares of SiteOne Landscape Supply from $150.00 to $157.00 and gave the company a "sector perform" rating in a report on Thursday, February 15th. Barclays raised their price target on shares of SiteOne Landscape Supply from $121.00 to $145.00 and gave the company an "underweight" rating in a report on Thursday, February 15th. Truist Financial raised their price target on shares of SiteOne Landscape Supply from $170.00 to $204.00 and gave the company a "buy" rating in a report on Thursday, February 15th. Finally, Robert W. Baird raised their price target on shares of SiteOne Landscape Supply from $175.00 to $190.00 and gave the company an "outperform" rating in a report on Thursday, February 15th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $172.88.

SiteOne Landscape Supply Stock Down 2.5 %

NYSE:SITE traded down $4.43 during trading hours on Friday, hitting $169.36. The stock had a trading volume of 283,816 shares, compared to its average volume of 306,945. The company has a current ratio of 2.43, a quick ratio of 1.10 and a debt-to-equity ratio of 0.29. SiteOne Landscape Supply, Inc. has a 1-year low of $116.81 and a 1-year high of $188.01. The business has a 50 day simple moving average of $170.13 and a two-hundred day simple moving average of $156.71. The company has a market cap of $7.65 billion, a PE ratio of 44.76 and a beta of 1.54.

SiteOne Landscape Supply (NYSE:SITE - Get Free Report) last issued its quarterly earnings data on Wednesday, February 14th. The industrial products company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.07. SiteOne Landscape Supply had a net margin of 4.03% and a return on equity of 12.13%. The company had revenue of $965.00 million during the quarter, compared to the consensus estimate of $942.21 million. During the same quarter last year, the company earned ($0.02) earnings per share. SiteOne Landscape Supply's revenue for the quarter was up 8.4% on a year-over-year basis. Analysts predict that SiteOne Landscape Supply, Inc. will post 4.17 EPS for the current year.

Insider Transactions at SiteOne Landscape Supply

In other news, CFO John T. Guthrie sold 3,000 shares of the firm's stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $180.00, for a total transaction of $540,000.00. Following the completion of the sale, the chief financial officer now owns 15,467 shares of the company's stock, valued at $2,784,060. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other SiteOne Landscape Supply news, CFO John T. Guthrie sold 3,000 shares of SiteOne Landscape Supply stock in a transaction on Friday, March 8th. The shares were sold at an average price of $180.00, for a total value of $540,000.00. Following the completion of the transaction, the chief financial officer now owns 15,467 shares of the company's stock, valued at $2,784,060. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Doug Black sold 10,000 shares of SiteOne Landscape Supply stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $176.35, for a total transaction of $1,763,500.00. Following the completion of the transaction, the chief executive officer now directly owns 574,657 shares of the company's stock, valued at approximately $101,340,761.95. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,000 shares of company stock valued at $3,836,400. 2.70% of the stock is currently owned by corporate insiders.

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.