2 weeks Ago By ABMN Staff
Amalgamated Bank cut its position in SiteOne Landscape Supply, Inc. ( NYSE:SITE – Free Report ) by 3.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 4,823 shares of the industrial products company’s stock after selling 185 shares during the quarter. Amalgamated Bank’s holdings in SiteOne Landscape Supply were worth $586,000 at the end of the most recent reporting period. A number of other institutional investors have also recently made changes to their positions in the company.
Dimensional Fund Advisors LP increased its holdings in shares of SiteOne Landscape Supply by 10.3% in the second quarter. Dimensional Fund Advisors LP now owns 568,349 shares of the industrial products company’s stock worth $69,007,000 after purchasing an additional 53,131 shares during the period.
Envestnet Asset Management Inc. grew its position in SiteOne Landscape Supply by 8.1% during the second quarter.
Envestnet Asset Management Inc. now owns 339,271 shares of the industrial products company’s stock worth $41,191,000 after buying an additional 25,391 shares in the last quarter. Oppenheimer Asset Management Inc.
increased its stake in SiteOne Landscape Supply by 36.8% in the 2nd quarter. Oppenheimer Asset Management Inc.
now owns 30,299 shares of the industrial products company’s stock worth $3,679,000 after acquiring an additional 8,148 shares during the last quarter. Qsemble Capital Management LP purchased a new stake in shares of SiteOne Landscape Supply in the 2nd quarter valued at about $509,000. Finally, American Century Companies Inc.
raised its holdings in shares of SiteOne Landscape Supply by 44.3% in the 2nd quarter. American Century Companies Inc.
now owns 360,079 shares of the industrial products company’s stock valued at $43,717,000 after acquiring an additional 110,589 shares in the last quarter. Insider Transactions at SiteOne Landscape Supply In other news, Director Fred M. Diaz sold 878 shares of the company’s stock in a transaction that occurred on Monday, August 5th.
The shares were sold at an average price of $129.04, for a total value of $113,297.12.
Following the transaction, the director now owns 11,267 shares in the company, valued at $1,453,893.68. The sale was disclosed in a legal filing with the SEC, which is available at this link .
2.70% of the stock is owned by insiders. SiteOne Landscape Supply Stock Up 0.
2 % SiteOne Landscape Supply ( NYSE:SITE – Get Free Report ) last posted its quarterly earnings data on Wednesday, July 31st. The industrial products company reported $2.63 EPS for the quarter, topping the consensus estimate of $2.
50 by $0.13. SiteOne Landscape Supply had a net margin of 3.
50% and a return on equity of 10.27%. The business had revenue of $1.
41 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the firm posted $2.
71 earnings per share. SiteOne Landscape Supply’s quarterly revenue was up 4.4% on a year-over-year basis.
As a group, equities research analysts anticipate that SiteOne Landscape Supply, Inc. will post 3.19 EPS for the current fiscal year.
Analyst Upgrades and Downgrades A number of analysts have recently issued reports on the stock. StockNews.com downgraded shares of SiteOne Landscape Supply from a “hold” rating to a “sell” rating in a report on Saturday, August 10th.
Robert W. Baird cut their price objective on SiteOne Landscape Supply from $175.00 to $168.
00 and set an “outperform” rating for the company in a report on Thursday, August 1st. Truist Financial increased their price objective on SiteOne Landscape Supply from $158.00 to $165.
00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Stifel Nicolaus downgraded SiteOne Landscape Supply from a “buy” rating to a “hold” rating and set a $150.00 target price for the company.
in a research report on Thursday, August 1st. Finally, UBS Group cut their price objective on shares of SiteOne Landscape Supply from $190.00 to $185.
00 and set a “buy” rating for the company in a research note on Tuesday, July 9th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $144.
33. Get Our Latest Stock Report on SITE SiteOne Landscape Supply Profile ( Free Report ) 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.
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