Toro (NYSE:TTC) CEO Richard Olson Sells 119,400 Shares

Toro Company (The) (NYSE:TTC) CEO Richard Olson sold 119,400 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 38,186 shares of the company’s stock, valued at $3,824,327.90. The trade was a 75.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Toro Stock Performance

Shares of NYSE TTC traded down $1.45 during midday trading on Thursday, reaching $95.71. 217,436 shares of the company were exchanged, compared to its average volume of 947,657. The company has a current ratio of 1.69, a quick ratio of 0.73 and a debt-to-equity ratio of 0.75. Toro Company has a 1 year low of $62.34 and a 1 year high of $105.18. The stock has a fifty day simple moving average of $93.96 and a 200 day simple moving average of $81.98. The stock has a market cap of $9.28 billion, a P/E ratio of 28.66 and a beta of 0.80.

Toro (NYSE:TTC) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.65 by $0.09. Toro had a return on equity of 29.60% and a net margin of 7.28%.The firm had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1 billion. During the same period in the prior year, the business earned $0.65 EPS. The firm’s revenue was up 4.2% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts forecast that Toro Company will post 4.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. DA Davidson increased their price target on Toro from $97.00 to $117.00 and gave the stock a “buy” rating in a report on Monday. Robert W. Baird upped their price objective on shares of Toro from $100.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, March 6th. Raymond James Financial cut shares of Toro from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. Zacks Research raised shares of Toro from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 20th. Finally, Wall Street Zen upgraded shares of Toro from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Toro has a consensus rating of “Hold” and a consensus target price of $100.40.

Institutional Investors Weigh In On Toro

Institutional investors and hedge funds have recently made changes to their positions in the business. Davis Capital Management purchased a new position in shares of Toro in the 3rd quarter worth $42,000. Danske Bank A S purchased a new stake in Toro during the third quarter valued at about $46,000. MTM Investment Management LLC acquired a new stake in Toro during the second quarter worth about $85,000. Quent Capital LLC acquired a new stake in Toro during the third quarter worth about $97,000. Finally, Harvest Fund Management Co. Ltd purchased a new position in shares of Toro in the 3rd quarter worth about $119,000. 87.95% of the stock is currently owned by hedge funds and other institutional investors.

Toro News Summary

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Northland Securities raised several near- and long-term EPS forecasts for TTC — including Q2 2026 to $1.52 (from $1.50), FY2026 to $4.45, FY2027 to $4.79 and FY2029 to $5.54 — signaling higher analyst confidence in the company’s revenue/margin outlook and providing support for a higher valuation. MarketBeat Toro coverage
• Positive Sentiment: DA Davidson published a bullish note saying Toro’s stock is expected to rise, adding a second independent analyst endorsement that can attract buyers and reduce near-term downside risk. Toro stock expected to rise — AmericanBankingNews
• Neutral Sentiment: An MSN recap of five revealing analyst questions from Toro’s Q4 earnings call highlights areas investors focused on (demand trends, pricing/mix, margins, inventory and guidance assumptions). The article provides useful color and management commentary but no material surprises beyond the guidance already issued. 5 revealing analyst questions — MSN

About Toro

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.