Toro Company (The) (NYSE:TTC – Get Free Report) CFO Angela Drake acquired 160 shares of the stock in a transaction on Tuesday, June 16th. The shares were purchased at an average cost of $90.00 per share, with a total value of $14,400.00. Following the transaction, the chief financial officer directly owned 9,571 shares of the company’s stock, valued at approximately $861,390. This trade represents a 1.70% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Toro Stock Up 0.8%
Toro stock traded up $0.77 on Wednesday, hitting $91.49. 439,452 shares of the stock traded hands, compared to its average volume of 896,840. The company has a current ratio of 1.56, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. The firm has a market cap of $8.71 billion, a P/E ratio of 26.34 and a beta of 0.70. The business’s fifty day simple moving average is $92.67 and its 200 day simple moving average is $90.12. Toro Company has a 1 year low of $67.64 and a 1 year high of $105.18.
Toro (NYSE:TTC – Get Free Report) last announced its quarterly earnings data on Thursday, June 4th. The company reported $1.60 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 business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the firm posted $1.42 earnings per share. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. Toro has set its FY 2026 guidance at 4.500-4.620 EPS. As a group, sell-side analysts forecast that Toro Company will post 4.6 earnings per share for the current year.
Toro Dividend Announcement
Analyst Ratings Changes
Several equities analysts have recently weighed in on TTC shares. Wall Street Zen upgraded Toro from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 15th. DA Davidson raised 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. Weiss Ratings restated a “hold (c)” rating on shares of Toro in a report on Friday, April 17th. 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 report on Friday, June 5th. Finally, Raymond James Financial downgraded Toro from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 18th. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $101.75.
View Our Latest Analysis on Toro
Institutional Investors Weigh In On Toro
Large investors have recently bought and sold shares of the business. Rothschild Investment LLC grew its stake in shares of Toro by 6.0% during the 4th quarter. Rothschild Investment LLC now owns 3,609 shares of the company’s stock valued at $284,000 after purchasing an additional 203 shares during the period. Essential Partners LLC grew its stake in shares of Toro by 2.3% during the 1st quarter. Essential Partners LLC now owns 10,519 shares of the company’s stock valued at $983,000 after purchasing an additional 233 shares during the period. GAMMA Investing LLC grew its stake in shares of Toro by 10.2% during the 4th quarter. GAMMA Investing LLC now owns 3,476 shares of the company’s stock valued at $274,000 after purchasing an additional 321 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Toro by 0.3% during the 4th quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company’s stock valued at $9,889,000 after purchasing an additional 410 shares during the period. Finally, Pinnacle Bancorp Inc. bought a new stake in shares of Toro during the 1st quarter valued at about $39,000. 87.95% of the stock is currently owned by institutional investors.
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.
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