Campbell & CO Investment Adviser LLC Sells 26,322 Shares of Toro Company (The) $TTC

Campbell & CO Investment Adviser LLC reduced its stake in Toro Company (The) (NYSE:TTC) by 68.1% during the third quarter, Holdings Channel.com reports. The firm owned 12,326 shares of the company’s stock after selling 26,322 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Toro were worth $939,000 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. KLP Kapitalforvaltning AS boosted its position in Toro by 66.8% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 32,700 shares of the company’s stock valued at $2,322,000 after buying an additional 13,100 shares during the period. SG Americas Securities LLC raised its stake in shares of Toro by 124.1% during the second quarter. SG Americas Securities LLC now owns 7,154 shares of the company’s stock valued at $506,000 after acquiring an additional 3,962 shares during the last quarter. Willis Investment Counsel boosted its holdings in shares of Toro by 93.9% during the second quarter. Willis Investment Counsel now owns 17,145 shares of the company’s stock worth $1,212,000 after purchasing an additional 8,302 shares during the period. Russell Investments Group Ltd. increased its holdings in Toro by 17.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 112,835 shares of the company’s stock valued at $7,975,000 after purchasing an additional 16,854 shares during the period. Finally, TD Private Client Wealth LLC raised its holdings in shares of Toro by 14,306.0% during the third quarter. TD Private Client Wealth LLC now owns 47,684 shares of the company’s stock valued at $3,634,000 after acquiring an additional 47,353 shares in the last quarter. Hedge funds and other institutional investors own 87.95% of the company’s stock.

Toro Price Performance

Shares of TTC opened at $89.59 on Tuesday. The firm has a market cap of $8.77 billion, a PE ratio of 28.26 and a beta of 0.82. Toro Company has a 1-year low of $62.34 and a 1-year high of $90.19. The company has a current ratio of 1.87, a quick ratio of 0.86 and a debt-to-equity ratio of 0.63. The firm has a fifty day simple moving average of $76.69 and a two-hundred day simple moving average of $76.35.

Toro (NYSE:TTC) last issued its quarterly earnings results on Wednesday, December 17th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.05. Toro had a net margin of 7.01% and a return on equity of 28.90%. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter last year, the company posted $0.95 EPS. The company’s revenue was down .9% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.350-4.50 EPS. On average, equities analysts anticipate that Toro Company will post 4.41 EPS for the current year.

Toro Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Monday, December 22nd were given a dividend of $0.39 per share. This is a positive change from Toro’s previous quarterly dividend of $0.38. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Monday, December 22nd. Toro’s dividend payout ratio (DPR) is currently 49.21%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on TTC shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Toro in a research report on Wednesday, October 8th. Robert W. Baird set a $84.00 target price on Toro in a research report on Tuesday, December 16th. Zacks Research lowered Toro from a “hold” rating to a “strong sell” rating in a research report on Monday, December 22nd. Finally, Wall Street Zen raised shares of Toro from a “hold” rating to a “buy” rating in a research report on Saturday. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $92.20.

About Toro

The Toro Company (NYSE: TTC) specializes in the design, manufacture and marketing of a broad range of outdoor environment equipment for residential, commercial and professional markets. Its product portfolio includes lawn mowers, utility vehicles, snow throwers, irrigation systems and landscape maintenance equipment. Toro’s offerings span walk-behind and ride-on mowers, zero-turn radius mowers, snow blowers, sprinklers, drip irrigation products, spreaders and specialty turf maintenance machines tailored to golf courses, sports fields and municipal parks.

Founded in 1914 and headquartered in Bloomington, Minnesota, Toro has built a century-long legacy of innovation in the grounds-care industry.