M&T Bank Corp Grows Position in SiteOne Landscape Supply, Inc. $SITE

M&T Bank Corp grew its stake in shares of SiteOne Landscape Supply, Inc. (NYSE:SITE) by 256.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 9,028 shares of the industrial products company’s stock after buying an additional 6,496 shares during the quarter. M&T Bank Corp’s holdings in SiteOne Landscape Supply were worth $1,125,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Man Group plc boosted its stake in shares of SiteOne Landscape Supply by 0.4% during the second quarter. Man Group plc now owns 22,338 shares of the industrial products company’s stock valued at $2,702,000 after purchasing an additional 86 shares during the period. HM Payson & Co. boosted its stake in shares of SiteOne Landscape Supply by 32.2% during the third quarter. HM Payson & Co. now owns 398 shares of the industrial products company’s stock valued at $51,000 after purchasing an additional 97 shares during the period. NewEdge Advisors LLC boosted its stake in shares of SiteOne Landscape Supply by 36.6% during the first quarter. NewEdge Advisors LLC now owns 399 shares of the industrial products company’s stock valued at $48,000 after purchasing an additional 107 shares during the period. Mitchell & Pahl Private Wealth LLC boosted its stake in shares of SiteOne Landscape Supply by 2.0% during the fourth quarter. Mitchell & Pahl Private Wealth LLC now owns 5,915 shares of the industrial products company’s stock valued at $737,000 after purchasing an additional 118 shares during the period. Finally, State of Alaska Department of Revenue boosted its stake in shares of SiteOne Landscape Supply by 4.9% during the fourth quarter. State of Alaska Department of Revenue now owns 2,821 shares of the industrial products company’s stock valued at $351,000 after purchasing an additional 133 shares during the period.

SiteOne Landscape Supply Stock Performance

Shares of SITE stock opened at $126.13 on Friday. The stock has a fifty day moving average of $136.21 and a 200 day moving average of $134.89. SiteOne Landscape Supply, Inc. has a 52 week low of $112.23 and a 52 week high of $168.56. The firm has a market capitalization of $5.59 billion, a price-to-earnings ratio of 37.43, a PEG ratio of 1.46 and a beta of 1.57. The company has a quick ratio of 1.20, a current ratio of 2.47 and a debt-to-equity ratio of 0.29.

SiteOne Landscape Supply (NYSE:SITE) last announced its quarterly earnings results on Wednesday, April 29th. The industrial products company reported ($0.60) EPS for the quarter, missing analysts’ consensus estimates of ($0.33) by ($0.27). SiteOne Landscape Supply had a return on equity of 9.17% and a net margin of 3.24%.The business had revenue of $940.10 million during the quarter, compared to analysts’ expectations of $982.27 million. During the same period in the previous year, the business earned ($0.61) EPS. The business’s revenue was up .1% compared to the same quarter last year. As a group, research analysts expect that SiteOne Landscape Supply, Inc. will post 4.43 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on SITE shares. UBS Group started coverage on SiteOne Landscape Supply in a research note on Friday, April 10th. They set a “neutral” rating and a $140.00 price objective for the company. Barclays dropped their price objective on SiteOne Landscape Supply from $150.00 to $148.00 and set an “equal weight” rating for the company in a research note on Thursday. Deutsche Bank Aktiengesellschaft raised SiteOne Landscape Supply from a “hold” rating to a “buy” rating and set a $160.00 price objective for the company in a research note on Thursday. Zacks Research raised SiteOne Landscape Supply from a “strong sell” rating to a “hold” rating in a research note on Friday, February 13th. Finally, Royal Bank Of Canada raised their price target on SiteOne Landscape Supply from $151.00 to $171.00 and gave the stock an “outperform” rating in a research note on Thursday, February 12th. Five analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $160.10.

SiteOne Landscape Supply News Roundup

Here are the key news stories impacting SiteOne Landscape Supply this week:

• Positive Sentiment: Management reported 14% EBITDA growth and highlighted expected gains from the recently announced Reinders deal, which could lift margins and drive medium-term revenue synergies. SiteOne posts 14% EBITDA growth, eyes gains from Reinders deal
• Neutral Sentiment: The company released its Q1 earnings presentation and full earnings-call transcript, providing detail on segment trends, seasonality, and cost actions for investors to model forward. Q1 Results – Earnings Call Presentation Q1 Earnings Call Transcript
• Negative Sentiment: Q1 results missed expectations: GAAP EPS of ($0.60) vs. consensus ($0.33) and revenue $940.1M vs. $984.9M expected — a clear near-term disappointment for growth and profitability metrics. SiteOne Reports Q1 Loss, Lags Revenue Estimates
• Negative Sentiment: Management issued cautious/pessimistic near-term guidance that triggered an immediate sell-off after the print, signaling slower demand or margin pressure in upcoming quarters. That guidance was cited explicitly as the reason for the earlier share drop. SiteOne Shares Drop on Pessimistic Guidance
• Neutral Sentiment: Market summaries and press materials are available (slides, call recording) for investors who want to update models; analysts are likely to re-rate near-term estimates while factoring in acquisition upside over the next 12–24 months. Q1 2026 Earnings Call Summary

Insider Buying and Selling

In related news, EVP Eric J. Elema sold 1,765 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $158.01, for a total value of $278,887.65. Following the completion of the sale, the executive vice president owned 2,911 shares of the company’s stock, valued at $459,967.11. This trade represents a 37.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.10% of the stock is owned by insiders.

SiteOne Landscape Supply Company Profile

SiteOne Landscape Supply is a leading distributor of landscape supplies and irrigation equipment in North America. The company serves a broad range of customers, including independent landscapers, lawn and garden retailers, municipalities and other commercial landscape professionals. Its product portfolio spans irrigation and lighting controls, pipes and fittings, fertilizers and soils, lighting fixtures, hardscapes, outdoor lighting systems and related installation accessories.

In addition to core product lines, SiteOne offers agronomic services designed to optimize turf and plant health, as well as online tools and training resources to help customers plan, specify and manage projects more efficiently.