Analysts Set Toro Company (The) (NYSE:TTC) Price Target at $100.40

Toro Company (The) (NYSE:TTC) has been assigned an average recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $100.40.

TTC has been the topic of a number of research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Toro in a report on Friday, April 17th. Robert W. Baird raised their price objective on shares of Toro from $100.00 to $105.00 and gave the company a “neutral” rating in a research report on Friday, March 6th. DA Davidson raised their price objective on shares of Toro from $97.00 to $117.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Wall Street Zen upgraded shares of Toro from a “buy” rating to a “strong-buy” rating in a research report on Sunday, March 15th. Finally, Raymond James Financial downgraded shares of Toro from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th.

Insider Transactions at Toro

In related news, Director James Calvin O’rourke sold 4,951 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $99.40, for a total value of $492,129.40. Following the completion of the sale, the director owned 2,704 shares in the company, valued at $268,777.60. This trade represents a 64.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Richard M. Olson sold 119,400 shares of Toro stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $100.15, for a total transaction of $11,957,910.00. Following the sale, the chief executive officer owned 38,186 shares of the company’s stock, valued at approximately $3,824,327.90. The trade was a 75.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.88% of the stock is owned by company insiders.

Institutional Investors Weigh In On Toro

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its position in shares of Toro by 37.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company’s stock valued at $33,237,000 after acquiring an additional 124,373 shares during the period. Van ECK Associates Corp lifted its position in shares of Toro by 4.4% during the 4th quarter. Van ECK Associates Corp now owns 258,444 shares of the company’s stock valued at $20,345,000 after acquiring an additional 10,835 shares during the period. Russell Investments Group Ltd. lifted its position 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 acquiring an additional 410 shares during the period. SG Americas Securities LLC lifted its position in shares of Toro by 416.7% during the 1st quarter. SG Americas Securities LLC now owns 68,455 shares of the company’s stock valued at $6,396,000 after acquiring an additional 55,206 shares during the period. Finally, Campbell & CO Investment Adviser LLC lifted its position in shares of Toro by 425.6% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 64,783 shares of the company’s stock valued at $5,100,000 after acquiring an additional 52,457 shares during the period. 87.95% of the stock is currently owned by institutional investors and hedge funds.

Toro News Summary

Here are the key news stories impacting Toro this week:

• Positive Sentiment: The company beat quarterly expectations, reporting EPS of $1.60 versus $1.50 expected and revenue of $1.42 billion versus $1.39 billion expected, with revenue up 8.1% year over year. Toro earnings report and conference call transcript
• Positive Sentiment: Toro raised its FY 2026 outlook, guiding EPS to $4.50-$4.62 and revenue to $4.8 billion-$5.1 billion, signaling management confidence after a margin breakthrough. Toro lifts outlook after margin breakthrough
• Positive Sentiment: Coverage highlighted that Toro is benefiting from demand tied to the AI buildout boom, which may be supporting investor optimism around future sales growth. Toro taps into the AI buildout boom, raises outlook
• Neutral Sentiment: Analysts had broadly expected a solid quarter ahead of the release, with estimates centered around $1.51 per share on $1.39 billion in revenue, so some of the good news may already have been priced in. Toro gears up for Q2 print
• Neutral Sentiment: The company also announced a quarterly dividend of $0.39 per share, which supports the income profile but is not the main driver of the stock move. Toro dividend announcement

Toro Stock Performance

Shares of TTC stock opened at $88.91 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.73 and a current ratio of 1.69. Toro has a 1 year low of $67.04 and a 1 year high of $105.18. The stock’s 50-day moving average is $93.11 and its two-hundred day moving average is $88.95. The firm has a market cap of $8.62 billion, a price-to-earnings ratio of 26.62 and a beta of 0.70.

Toro (NYSE:TTC) last released its quarterly earnings results on Thursday, June 4th. The company reported $1.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.50 by $0.10. Toro had a return on equity of 29.60% and a net margin of 7.28%.The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the company posted $1.42 earnings per share. The business’s revenue was up 8.1% on a year-over-year basis. Toro has set its FY 2026 guidance at 4.500-4.620 EPS. Analysts predict that Toro will post 4.52 earnings per share for the current year.

Toro Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 16th will be given a $0.39 dividend. The ex-dividend date is Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a yield of 1.8%. Toro’s dividend payout ratio (DPR) is presently 46.71%.

Toro Company Profile

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.