Toro Company (The) (NYSE:TTC) Receives $101.75 Consensus Target Price from Analysts

Shares of Toro Company (The) (NYSE:TTCGet Free Report) have earned a consensus recommendation of “Hold” from the seven research firms that are covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $101.75.

Several research analysts have recently weighed in on TTC shares. Robert W. Baird lowered 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, June 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Toro in a research report on Friday, April 17th. DA Davidson lifted their price objective on Toro from $97.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Finally, Wall Street Zen raised Toro from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 15th.

Get Our Latest Stock Analysis on TTC

Insider Buying and Selling at Toro

In other Toro news, Director Gary Lee Ellis sold 4,951 shares of Toro stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $91.91, for a total value of $455,046.41. Following the completion of the sale, the director directly owned 35,297 shares of the company’s stock, valued at approximately $3,244,147.27. The trade was a 12.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Kurt D. Svendsen sold 6,600 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $93.09, for a total value of $614,394.00. Following the completion of the sale, the vice president directly owned 12,166 shares of the company’s stock, valued at $1,132,532.94. The trade was a 35.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.88% of the company’s stock.

Institutional Trading of Toro

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Essential Partners LLC increased its position in Toro by 2.3% in the 1st quarter. Essential Partners LLC now owns 10,519 shares of the company’s stock valued at $983,000 after buying an additional 233 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Toro by 20.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 5,472 shares of the company’s stock valued at $511,000 after buying an additional 942 shares in the last quarter. Hillsdale Investment Management Inc. increased its position in Toro by 4.0% in the 1st quarter. Hillsdale Investment Management Inc. now owns 57,830 shares of the company’s stock valued at $5,404,000 after buying an additional 2,200 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in Toro in the 1st quarter valued at about $209,000. Finally, Root Financial Partners LLC increased its position in Toro by 277.8% in the 1st quarter. Root Financial Partners LLC now owns 971 shares of the company’s stock valued at $91,000 after buying an additional 714 shares in the last quarter. 87.95% of the stock is owned by institutional investors.

Toro Trading Down 0.2%

Shares of TTC stock opened at $96.83 on Tuesday. The stock has a market cap of $9.22 billion, a price-to-earnings ratio of 27.90 and a beta of 0.70. The stock has a 50-day moving average of $92.28 and a 200-day moving average of $91.27. The company has a current ratio of 1.56, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. Toro has a 1-year low of $67.64 and a 1-year high of $105.18.

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

Toro Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 16th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, June 16th. Toro’s dividend payout ratio (DPR) is presently 44.96%.

Toro Company Profile

(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.

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Analyst Recommendations for Toro (NYSE:TTC)

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