Q3 Earnings Estimate for Toro Issued By Northland Securities

Toro Company (The) (NYSE:TTC) – Equities research analysts at Northland Securities lowered their Q3 2026 earnings per share estimates for Toro in a research note issued to investors on Monday, March 9th. Northland Securities analyst E. Jackson now anticipates that the company will earn $1.17 per share for the quarter, down from their prior forecast of $1.19. The consensus estimate for Toro’s current full-year earnings is $4.41 per share. Northland Securities also issued estimates for Toro’s Q4 2027 earnings at $1.09 EPS, FY2028 earnings at $5.22 EPS and FY2030 earnings at $5.74 EPS.

A number of other brokerages also recently weighed in on TTC. Zacks Research upgraded Toro from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 20th. Wall Street Zen upgraded shares of Toro from a “hold” rating to a “buy” rating in a report on Saturday. Robert W. Baird raised their price target on shares of Toro from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday. Raymond James Financial lowered shares of Toro from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. Finally, DA Davidson increased their target price on shares of Toro from $97.00 to $117.00 and gave the stock a “buy” rating in a research report on Monday. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $100.40.

Toro Stock Up 0.3%

Shares of Toro stock opened at $99.73 on Tuesday. Toro has a 1 year low of $62.34 and a 1 year high of $105.18. The company has a market cap of $9.67 billion, a P/E ratio of 29.86 and a beta of 0.80. The company has a current ratio of 1.69, a quick ratio of 0.73 and a debt-to-equity ratio of 0.75. The stock has a 50-day moving average price of $93.20 and a 200 day moving average price of $81.73.

Toro (NYSE:TTC) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.09. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1 billion. Toro had a return on equity of 29.60% and a net margin of 7.28%.Toro’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 earnings per share. Toro has set its FY 2026 guidance at 4.400-4.600 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Birchwood Financial Partners Inc. bought a new position in Toro in the 4th quarter worth $215,000. Jump Financial LLC bought a new stake in Toro during the fourth quarter valued at about $756,000. Russell Investments Group Ltd. grew its position in shares of Toro by 0.3% in the fourth 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 last quarter. Entropy Technologies LP acquired a new stake in shares of Toro in the fourth quarter valued at about $1,664,000. Finally, Van ECK Associates Corp increased its stake in shares of Toro by 4.4% in the fourth quarter. Van ECK Associates Corp now owns 258,444 shares of the company’s stock worth $20,345,000 after purchasing an additional 10,835 shares during the period. Institutional investors own 87.95% of the company’s stock.

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.