Toro (NYSE:TTC) Updates FY 2026 Earnings Guidance

Posted by Brian Himes on Jun 5th, 2026

Toro (NYSE:TTC – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 4.500-4.620 for the period, compared to the consensus earnings per share estimate of 4.540. The company issued revenue guidance of $4.8 billion-$5.1 billion, compared to the consensus revenue estimate of $4.7 billion.

Toro Stock Down 2.2%

Shares of NYSE:TTC opened at $88.91 on Friday. The business’s 50 day moving average is $93.11 and its 200 day moving average is $88.95. The stock has a market cap of $8.62 billion, a P/E ratio of 26.62 and a beta of 0.70. Toro has a 52-week low of $67.04 and a 52-week high of $105.18. The company has a quick ratio of 0.73, a current ratio of 1.69 and a debt-to-equity ratio of 0.75.

Toro (NYSE:TTC – Get Free Report) last issued its earnings results on Thursday, June 4th. The company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.10. Toro had a return on equity of 29.60% and a net margin of 7.28%.The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the prior year, the business earned $1.42 EPS. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.500-4.620 EPS. Sell-side analysts predict that Toro will post 4.52 EPS for the current year.

Toro Announces Dividend

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

Analyst Ratings Changes

TTC has been the subject of several recent research reports. Wall Street Zen raised Toro from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 15th. DA Davidson lifted their price objective on shares of Toro from $97.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Robert W. Baird increased their target price on shares of Toro from $100.00 to $105.00 and gave the company a “neutral” rating in a research report on Friday, March 6th. Raymond James Financial lowered shares of Toro from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toro in a research report on Friday, April 17th. Two research 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 has a consensus rating of “Hold” and an average target price of $100.40.

View Our Latest Analysis on TTC

Insider Transactions at Toro

In other news, Director James Calvin O’rourke sold 4,951 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $99.40, for a total transaction of $492,129.40. Following the transaction, the director 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Richard M. Olson sold 119,400 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $100.15, for a total transaction of $11,957,910.00. Following the completion of the transaction, the chief executive officer directly owned 38,186 shares of the company’s stock, valued at $3,824,327.90. The trade was a 75.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.88% of the stock is currently owned by insiders.

Key Toro News

Here are the key news stories impacting Toro this week:

Positive Sentiment: The company beat quarterly 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 earnings report and conference call transcript
Positive Sentiment: Toro raised its FY 2026 outlook, guiding EPS to $4.50-$4.62 and revenue to $4.8 billion-$5.1 billion, signaling management confidence after a margin breakthrough. Toro lifts outlook after margin breakthrough
Positive Sentiment: Coverage highlighted that Toro is benefiting from demand tied to the AI buildout boom, which may be supporting investor optimism around future sales growth. Toro taps into the AI buildout boom, raises outlook
Neutral Sentiment: Analysts had broadly expected a solid quarter ahead of the release, with estimates centered around $1.51 per share on $1.39 billion in revenue, so some of the good news may already have been priced in. Toro gears up for Q2 print
Neutral Sentiment: The company also announced a quarterly dividend of $0.39 per share, which supports the income profile but is not the main driver of the stock move. Toro dividend announcement

Institutional Investors Weigh In On Toro

Large investors have recently made changes to their positions in the stock. Danske Bank A S purchased a new position in Toro in the 3rd quarter worth $46,000. Harvest Fund Management Co. Ltd purchased a new stake in Toro during the 3rd quarter valued at about $119,000. Caxton Associates LLP purchased a new stake in Toro during the 1st quarter valued at about $285,000. Integrated Wealth Concepts LLC increased its holdings in shares of Toro by 10.6% in the first quarter. Integrated Wealth Concepts LLC now owns 6,136 shares of the company’s stock valued at $446,000 after purchasing an additional 586 shares during the period. Finally, Focus Partners Wealth raised its stake in shares of Toro by 191.5% in the first quarter. Focus Partners Wealth now owns 7,586 shares of the company’s stock worth $552,000 after purchasing an additional 4,984 shares during the last quarter. 87.95% of the stock is owned by hedge funds and other institutional investors.

About Toro

(Get Free Report)

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.