Toro Company (The) (NYSE:TTC) Receives Average Recommendation of “Hold” from Analysts

Shares of Toro Company (The) (NYSE:TTC) have been assigned an average recommendation of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $101.75.

A number of analysts recently weighed in on TTC shares. Weiss Ratings lowered shares of Toro from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Robert W. Baird lowered their target price on Toro from $105.00 to $100.00 and set a “neutral” rating for the company in a research note on Friday, June 5th.

Toro Stock Performance

Toro stock opened at $94.88 on Friday. The stock has a 50-day simple moving average of $92.45 and a 200 day simple moving average of $93.71. The stock has a market capitalization of $9.03 billion, a price-to-earnings ratio of 27.34 and a beta of 0.68. The company has a quick ratio of 0.74, a current ratio of 1.56 and a debt-to-equity ratio of 0.74. Toro has a 12-month low of $67.64 and a 12-month high of $105.18.

Toro (NYSE:TTC) last issued its quarterly earnings data on Thursday, June 4th. The company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.10. Toro had a net margin of 7.29% and a return on equity of 31.13%. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the firm earned $1.42 EPS. The company’s revenue was up 8.1% on a year-over-year basis. Toro has set its FY 2026 guidance at 4.500-4.620 EPS. On average, research analysts anticipate that Toro will post 4.6 earnings per share for the current fiscal year.

Toro Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 16th were given a dividend of $0.39 per share. The ex-dividend date was Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a yield of 1.6%. Toro’s dividend payout ratio is presently 44.96%.

Insider Activity at Toro

In related news, VP Kurt D. Svendsen sold 6,600 shares of Toro stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $93.09, for a total transaction of $614,394.00. Following the transaction, the vice president owned 12,166 shares of the company’s stock, valued at $1,132,532.94. This trade represents a 35.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Edric C. Funk sold 856 shares of the company’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $97.97, for a total transaction of $83,862.32. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 12,934 shares of company stock worth $1,204,933 over the last ninety days. Company insiders own 1.88% of the company’s stock.

Institutional Trading of Toro

Large investors have recently bought and sold shares of the business. Hillsdale Investment Management Inc. increased its position in shares of Toro by 379.6% during the fourth quarter. Hillsdale Investment Management Inc. now owns 55,630 shares of the company’s stock worth $4,379,000 after acquiring an additional 44,030 shares in the last quarter. LSV Asset Management acquired a new position in shares of Toro during the fourth quarter worth about $1,078,000. SG Americas Securities LLC grew its holdings in shares of 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 in the last quarter. Willis Investment Counsel raised its position in Toro by 46.7% in the 4th quarter. Willis Investment Counsel now owns 25,896 shares of the company’s stock valued at $2,039,000 after buying an additional 8,243 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Toro by 45.2% in the 4th quarter. Farther Finance Advisors LLC now owns 18,108 shares of the company’s stock valued at $1,425,000 after acquiring an additional 5,634 shares in the last quarter. 87.95% of the stock is owned by institutional investors.

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.