Brokerages Set Toro Company (The) (NYSE:TTC) PT at $101.67

Shares of Toro Company (The) (NYSE:TTC – Get Free Report) have been assigned a consensus recommendation of “Hold” from the five ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $107.50.

Several analysts have recently weighed in on the stock. Weiss Ratings raised shares of Toro from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 4th. Wall Street Zen downgraded Toro from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 5th. Robert W. Baird decreased their price target on Toro from $105.00 to $100.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Finally, DA Davidson dropped their price target on Toro from $117.00 to $115.00 and set a “buy” rating for the company in a report on Friday, September 4th.

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Insider Buying and Selling at Toro

In other news, VP Kurt D. Svendsen sold 6,600 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $93.09, for a total transaction of $614,394.00. Following the sale, the vice president owned 12,166 shares in the company, valued at approximately $1,132,532.94. This represents a 35.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Edric Funk sold 527 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $97.97, for a total value of $51,630.19. The SEC filing for this sale provides additional information. Insiders have sold 8,128 shares of company stock worth $763,569 in the last 90 days. Company insiders own 1.88% of the company’s stock.

Institutional Trading of Toro

Hedge funds have recently modified their holdings of the stock. Pinnacle Bancorp Inc. acquired a new position in Toro during the 1st quarter worth $39,000. Danske Bank A S bought a new position in Toro in the third quarter valued at about $46,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Toro by 237.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 769 shares of the company’s stock valued at $75,000 after acquiring an additional 541 shares during the last quarter. Root Financial Partners LLC increased its position in Toro by 277.8% in the first quarter. Root Financial Partners LLC now owns 971 shares of the company’s stock worth $91,000 after purchasing an additional 714 shares during the period. Finally, Harvest Fund Management Co. Ltd acquired a new stake in Toro in the third quarter worth about $119,000. 87.95% of the stock is owned by institutional investors.

Toro Stock Up 0.0%

Shares of NYSE:TTC opened at $92.75 on Friday. The company’s fifty day moving average is $95.86 and its 200-day moving average is $94.75. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.74 and a current ratio of 1.58. Toro has a 52 week low of $67.64 and a 52 week high of $105.18. The company has a market capitalization of $8.78 billion, a PE ratio of 24.80 and a beta of 0.70.

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

About Toro

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The Toro Company (NYSE:TTC) is a Minnesota-based manufacturer of equipment and solutions for maintaining outdoor environments. Founded in 1914, the company serves professional and residential customers through products sold under brands including Toro, Exmark, and BOSS.

Toro’s product portfolio includes turf and landscape maintenance equipment, commercial and residential lawn mowers, irrigation systems, outdoor lighting, utility vehicles, compact utility loaders, and equipment for snow and ice management.

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