Toro (NYSE:TTC) Price Target Cut to $100.00 by Analysts at Robert W. Baird

Toro (NYSE:TTC) had its price objective reduced by Robert W. Baird from $105.00 to $100.00 in a report published on Friday morning,Benzinga reports. They currently have a neutral rating on the stock.

TTC has been the topic of several other reports. Raymond James Financial cut Toro from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. Wall Street Zen raised Toro from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Toro in a report on Friday, April 17th. Finally, DA Davidson boosted their target price on Toro from $97.00 to $117.00 and gave the stock a “buy” rating in a report on Monday, March 9th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $101.75.

Toro Price Performance

Shares of Toro stock opened at $87.08 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.73. The business’s 50 day simple moving average is $92.94 and its two-hundred day simple moving average is $88.94. The stock has a market capitalization of $8.44 billion, a P/E ratio of 25.10 and a beta of 0.70. Toro has a one year low of $67.04 and a one year high of $105.18.

Toro (NYSE:TTC) last posted its earnings results on Thursday, June 4th. The company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.10. Toro had a return on equity of 31.13% and a net margin of 7.29%.The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the firm earned $1.42 earnings per share. The business’s revenue was up 8.1% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.500-4.620 EPS. Analysts forecast that Toro will post 4.55 EPS for the current year.

Toro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, June 16th. Toro’s dividend payout ratio is presently 46.71%.

Insiders Place Their Bets

In other news, CEO Richard M. Olson sold 119,400 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $100.15, for a total transaction of $11,957,910.00. Following the transaction, the chief executive officer directly owned 38,186 shares of the company’s stock, valued at $3,824,327.90. This represents a 75.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director James Calvin O’rourke sold 4,951 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $99.40, for a total value of $492,129.40. Following the transaction, the director directly owned 2,704 shares in the company, valued at approximately $268,777.60. The trade was a 64.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.88% of the company’s stock.

Institutional Investors Weigh In On Toro

Several institutional investors and hedge funds have recently added to or reduced their stakes in TTC. Goldman Sachs Group Inc. boosted its holdings in Toro by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company’s stock worth $33,237,000 after purchasing an additional 124,373 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Toro by 416.7% in the first quarter. SG Americas Securities LLC now owns 68,455 shares of the company’s stock worth $6,396,000 after purchasing an additional 55,206 shares during the last quarter. Campbell & CO Investment Adviser LLC lifted its holdings in Toro by 425.6% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 64,783 shares of the company’s stock valued at $5,100,000 after acquiring an additional 52,457 shares during the period. Hillsdale Investment Management Inc. lifted its holdings in Toro by 379.6% in the fourth quarter. Hillsdale Investment Management Inc. now owns 55,630 shares of the company’s stock valued at $4,379,000 after acquiring an additional 44,030 shares during the period. Finally, Entropy Technologies LP bought a new position in Toro in the fourth quarter valued at about $1,664,000. Hedge funds and other institutional investors own 87.95% of the company’s stock.

Key Toro News

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Toro beat Q2 expectations, reporting EPS of $1.60 versus $1.50 expected and revenue of $1.42 billion versus $1.39 billion expected, with revenue up 8.1% year over year. Toro (TTC) Q2 2026 Earnings Transcript
• Positive Sentiment: The company raised FY2026 guidance, signaling continued demand and management confidence after a margin improvement breakthrough. Toro Company Lifts Outlook After Margin Breakthrough
• Positive Sentiment: Management framed the results as benefiting from strong revenue growth and improving profitability, which could support longer-term earnings estimates. The Toro Co (TTC) Q2 2026 Earnings Call Highlights
• Neutral Sentiment: Robert W. Baird lowered its price target on Toro to $100 from $105 while keeping a neutral rating, suggesting the stock may be fairly valued after the post-earnings move. Tickerreport.com
• Neutral Sentiment: The company also declared a quarterly dividend of $0.39 per share, reinforcing cash-return discipline but not likely to be the main driver of the shares. The Toro Company Gears Up For Q2 Print

Toro Company Profile

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.