KeyCorp Issues Pessimistic Forecast for SiteOne Landscape Supply (NYSE:SITE) Stock Price

SiteOne Landscape Supply (NYSE:SITE) had its price objective reduced by equities researchers at KeyCorp from $145.00 to $135.00 in a note issued to investors on Thursday, MarketBeat Ratings reports. The firm currently has an “overweight” rating on the industrial products company’s stock. KeyCorp’s price target would suggest a potential upside of 42.69% from the stock’s previous close.

A number of other research firms also recently issued reports on SITE. Stifel Nicolaus reissued a “hold” rating and issued a $100.00 price target (down from $153.00) on shares of SiteOne Landscape Supply in a research note on Thursday. Robert W. Baird lowered their price objective on shares of SiteOne Landscape Supply from $160.00 to $155.00 and set an “outperform” rating for the company in a research report on Tuesday. Weiss Ratings lowered SiteOne Landscape Supply from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, July 20th. Barclays decreased their price target on SiteOne Landscape Supply from $129.00 to $108.00 and set an “equal weight” rating on the stock in a research note on Thursday. Finally, UBS Group restated a “neutral” rating on shares of SiteOne Landscape Supply in a research report on Thursday, June 25th. Seven research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, SiteOne Landscape Supply currently has an average rating of “Hold” and an average target price of $135.27.

SiteOne Landscape Supply Stock Down 0.4%

Shares of NYSE:SITE opened at $94.61 on Thursday. The business has a 50-day moving average price of $106.60 and a 200 day moving average price of $126.72. The company has a current ratio of 2.30, a quick ratio of 0.96 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $4.13 billion, a price-to-earnings ratio of 25.92, a PEG ratio of 1.31 and a beta of 1.34. SiteOne Landscape Supply has a 12-month low of $90.07 and a 12-month high of $168.56.

SiteOne Landscape Supply (NYSE:SITE) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $3.14 EPS for the quarter, missing analysts’ consensus estimates of $3.36 by ($0.22). The company had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.54 billion. SiteOne Landscape Supply had a net margin of 3.41% and a return on equity of 9.76%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the company earned $2.86 EPS. Sell-side analysts expect that SiteOne Landscape Supply will post 3.93 EPS for the current year.

Insider Activity at SiteOne Landscape Supply

In related news, Director Fred M. Diaz sold 563 shares of SiteOne Landscape Supply stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $115.13, for a total value of $64,818.19. Following the completion of the transaction, the director owned 11,829 shares in the company, valued at approximately $1,361,872.77. The trade was a 4.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SITE. Wasatch Advisors LP raised its position in SiteOne Landscape Supply by 11.4% in the 3rd quarter. Wasatch Advisors LP now owns 2,177,446 shares of the industrial products company’s stock valued at $280,455,000 after purchasing an additional 222,959 shares in the last quarter. Bamco Inc. NY grew its position in shares of SiteOne Landscape Supply by 3.1% during the fourth quarter. Bamco Inc. NY now owns 2,028,366 shares of the industrial products company’s stock worth $252,653,000 after buying an additional 61,490 shares in the last quarter. Capital World Investors grew its position in shares of SiteOne Landscape Supply by 37.9% during the fourth quarter. Capital World Investors now owns 1,402,337 shares of the industrial products company’s stock worth $174,675,000 after buying an additional 385,666 shares in the last quarter. Conestoga Capital Advisors LLC increased its stake in shares of SiteOne Landscape Supply by 2.9% during the first quarter. Conestoga Capital Advisors LLC now owns 1,106,701 shares of the industrial products company’s stock worth $147,313,000 after buying an additional 31,684 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of SiteOne Landscape Supply by 3.7% during the first quarter. Dimensional Fund Advisors LP now owns 805,336 shares of the industrial products company’s stock worth $107,191,000 after buying an additional 28,958 shares during the period.

Key SiteOne Landscape Supply News

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

• Positive Sentiment: Despite lowering its price target from $200 to $120, Truist Financial maintained a Buy rating, implying substantial potential upside from recent levels. Benzinga analyst ratings
• Positive Sentiment: KeyCorp cut its target from $145 to $135 but retained an Overweight rating, indicating analysts continue to see longer-term value in SiteOne despite near-term operating challenges. The Fly analyst ratings
• Neutral Sentiment: SiteOne’s earnings call highlighted mixed demand trends and cost pressures. Revenue increased approximately 4.7% year over year to $1.53 billion, but management’s outlook remains constrained by an uneven landscaping market and expense pressures. SiteOne Q2 2026 earnings call summary
• Negative Sentiment: Second-quarter earnings per share were $3.14, below the $3.36 consensus estimate, while revenue also narrowly missed expectations of $1.54 billion. The earnings shortfall prompted investors to reassess near-term growth and margin prospects. Analysts cut forecasts after Q2 results
• Negative Sentiment: The stock reached a new 52-week low after the earnings release, reflecting the market’s negative reaction to the miss. Analysts including Robert W. Baird also lowered their expectations, adding pressure to the shares. SiteOne reaches new 1-year low
• Negative Sentiment: The combination of the EPS miss, cost inflation or other operating pressures, and reduced price targets from Truist, KeyCorp and other analysts has weakened sentiment toward SiteOne’s near-term performance. SITE Q2 deep dive

About SiteOne Landscape Supply

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.