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

Shares of Toro Company (The) (NYSE:TTCGet Free Report) have received an average recommendation of “Hold” from the seven analysts that are covering the company, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $101.75.

Several equities analysts have recently commented on the company. Robert W. Baird reduced 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. Weiss Ratings upgraded shares of Toro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 4th.

Read Our Latest Stock Report on Toro

Insiders Place Their Bets

In other news, VP Kurt D. Svendsen sold 6,600 shares of the stock in a transaction dated 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 approximately $1,132,532.94. This trade represents a 35.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gary Lee Ellis sold 4,951 shares of Toro stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $91.91, for a total value of $455,046.41. Following the completion of the transaction, the director owned 35,297 shares of the company’s stock, valued at $3,244,147.27. This trade represents a 12.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 12,934 shares of company stock valued at $1,204,933 in the last ninety days. Corporate insiders own 1.88% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Rothschild Investment LLC grew its position in Toro by 6.0% in the fourth quarter. Rothschild Investment LLC now owns 3,609 shares of the company’s stock valued at $284,000 after acquiring an additional 203 shares during the period. Essential Partners LLC raised its stake in Toro by 2.3% during the first quarter. Essential Partners LLC now owns 10,519 shares of the company’s stock worth $983,000 after acquiring an additional 233 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Toro by 8.4% during the second quarter. GAMMA Investing LLC now owns 4,550 shares of the company’s stock valued at $443,000 after acquiring an additional 351 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Toro by 0.3% during the fourth quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company’s stock valued at $9,889,000 after acquiring an additional 410 shares during the period. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of Toro in the 1st quarter valued at $39,000. Institutional investors own 87.95% of the company’s stock.

Toro Stock Up 0.3%

Shares of NYSE TTC opened at $98.94 on Wednesday. Toro has a 1 year low of $67.64 and a 1 year high of $105.18. The firm has a market cap of $9.42 billion, a price-to-earnings ratio of 28.51 and a beta of 0.69. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.56. The stock’s 50-day simple moving average is $94.04 and its 200-day simple moving average is $94.57.

Toro (NYSE:TTCGet Free Report) last issued its quarterly earnings results on Thursday, June 4th. The company reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. Toro had a return on equity of 31.13% and a net margin of 7.29%.The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the business posted $1.42 earnings per share. Toro’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, equities analysts anticipate that Toro will post 4.6 earnings per share for the current fiscal year.

Toro Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 16th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, June 16th. Toro’s dividend payout ratio (DPR) is currently 44.96%.

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.

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Analyst Recommendations for Toro (NYSE:TTC)

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