Toro (NYSE:TTC) Hits New 52-Week High – Still a Buy?

Posted by Brenda Bartman on Oct 24th, 2026

Toro Company (The) (NYSE:TTC – Get Free Report) hit a new 52-week high during mid-day trading on Thursday. The company traded as high as $105.42 and last traded at $105.2140, with a volume of 169,513 shares. The stock had previously closed at $103.35.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TTC. Oppenheimer began coverage on shares of Toro in a research report on Wednesday, September 23rd. They set an “outperform” rating and a $120.00 price target on the stock. Weiss Ratings upgraded shares of Toro from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Wall Street Zen downgraded shares of Toro from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 4th. Finally, DA Davidson lowered their target price on shares of Toro from $117.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday, September 4th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $111.67.

Read Our Latest Stock Report on Toro

Toro Stock Performance

The company has a debt-to-equity ratio of 0.72, a current ratio of 1.58 and a quick ratio of 0.74. The firm has a fifty day simple moving average of $97.30 and a 200 day simple moving average of $95.03. The company has a market capitalization of $9.98 billion, a price-to-earnings ratio of 28.18, a price-to-earnings-growth ratio of 2.27 and a beta of 0.66.

Toro (NYSE:TTC – Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.02. Toro had a return on equity of 31.86% and a net margin of 7.64%. The business had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period in the previous year, the business earned $1.24 earnings per share. The business’s revenue was up 8.4% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. On average, analysts anticipate that Toro Company will post 4.64 earnings per share for the current fiscal year.

Toro Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were given a dividend of $0.39 per share. The ex-dividend date was Tuesday, October 6th. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. Toro’s dividend payout ratio is currently 41.71%.

Hedge Funds Weigh In On Toro

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Robeco Institutional Asset Management B.V. increased its stake in Toro by 1.6% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 436,929 shares of the company’s stock worth $42,129,000 after buying an additional 6,880 shares in the last quarter. Corient Private Wealth LP raised its holdings in shares of Toro by 1,063.5% during the second quarter. Corient Private Wealth LP now owns 187,982 shares of the company’s stock valued at $18,314,000 after acquiring an additional 171,826 shares during the last quarter. Baird Financial Group Inc. lifted its position in shares of Toro by 4,227.0% in the second quarter. Baird Financial Group Inc. now owns 175,893 shares of the company’s stock valued at $17,135,000 after acquiring an additional 171,828 shares in the last quarter. Engineers Gate Manager LP lifted its position in shares of Toro by 73.9% in the second quarter. Engineers Gate Manager LP now owns 75,330 shares of the company’s stock valued at $7,339,000 after acquiring an additional 32,003 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its position in shares of Toro by 22.0% in the second quarter. Benjamin Edwards Inc. now owns 74,419 shares of the company’s stock valued at $7,250,000 after acquiring an additional 13,433 shares in 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) designs, manufactures and markets equipment and solutions for maintaining outdoor environments. Its products serve professional and residential customers in areas such as turf care, landscaping, irrigation, snow and ice management, and outdoor construction.

The company’s portfolio includes zero-turn and riding mowers, walk-behind mowers, utility vehicles, turf maintenance equipment, landscape and irrigation systems, snowplows and snow removal equipment, and compact utility and underground construction machinery.