FY2026 EPS Estimates for Toro Raised by Northland Securities

Toro Company (The) (NYSE:TTC) – Analysts at Northland Securities lifted their FY2026 earnings per share (EPS) estimates for Toro in a note issued to investors on Friday, June 5th. Northland Securities analyst T. Jackson now expects that the company will earn $4.59 per share for the year, up from their previous estimate of $4.45. The consensus estimate for Toro’s current full-year earnings is $4.58 per share. Northland Securities also issued estimates for Toro’s Q4 2026 earnings at $0.96 EPS, Q1 2027 earnings at $0.99 EPS, Q2 2027 earnings at $1.55 EPS, Q3 2027 earnings at $1.24 EPS, FY2027 earnings at $4.88 EPS, FY2028 earnings at $5.34 EPS and FY2029 earnings at $5.70 EPS.

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

A number of other research analysts have also commented on TTC. Wall Street Zen raised shares of Toro from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 15th. Weiss Ratings restated a “hold (c)” rating on shares of Toro in a research note on Friday, April 17th. DA Davidson upped their price target on Toro from $97.00 to $117.00 and gave the company a “buy” rating in a report on Monday, March 9th. Robert W. Baird reduced their price objective on Toro from $105.00 to $100.00 and set a “neutral” rating for the company in a research report on Friday. Finally, Raymond James Financial lowered Toro from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 18th. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Toro presently has a consensus rating of “Hold” and a consensus target price of $101.75.

Toro Stock Performance

NYSE TTC opened at $87.08 on Monday. The company’s fifty day moving average is $92.94 and its two-hundred day moving average is $89.07. Toro has a 52-week low of $67.04 and a 52-week high of $105.18. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.74. The firm has a market capitalization of $8.44 billion, a price-to-earnings ratio of 25.10 and a beta of 0.70.

Toro Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Tuesday, June 16th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Tuesday, June 16th. Toro’s dividend payout ratio is currently 44.96%.

Insider Buying and Selling

In other Toro news, Director James Calvin O’rourke sold 4,951 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $99.40, for a total value of $492,129.40. Following the sale, the director directly owned 2,704 shares in the company, valued at $268,777.60. This represents a 64.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Richard M. Olson sold 119,400 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $100.15, for a total value of $11,957,910.00. Following the transaction, the chief executive officer 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 1.88% of the company’s stock.

Institutional Investors Weigh In On Toro

Several large investors have recently made changes to their positions in TTC. Goldman Sachs Group Inc. increased its position in shares of Toro by 37.4% during the 1st 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 in the last quarter. Van ECK Associates Corp boosted its position in Toro by 4.4% in the fourth quarter. Van ECK Associates Corp now owns 258,444 shares of the company’s stock valued at $20,345,000 after buying an additional 10,835 shares in the last quarter. Russell Investments Group Ltd. boosted its position in Toro by 0.3% in the fourth quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company’s stock valued at $9,889,000 after buying an additional 410 shares in the last quarter. SG Americas Securities LLC grew its stake in Toro by 416.7% during the first quarter. SG Americas Securities LLC now owns 68,455 shares of the company’s stock worth $6,396,000 after buying an additional 55,206 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC grew its stake in Toro by 425.6% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 64,783 shares of the company’s stock worth $5,100,000 after buying an additional 52,457 shares during the last quarter. Institutional investors own 87.95% of the company’s stock.

Toro News Summary

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

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.