Toro (NYSE:TTC) Stock Rating Lowered by Wall Street Zen

Toro (NYSE:TTC) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report issued on Saturday, Wall Street Zen reports.

Several other brokerages also recently weighed in on TTC. Weiss Ratings upgraded shares of Toro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 4th. Robert W. Baird cut their price target on Toro from $105.00 to $100.00 and set a “neutral” rating for the company in a research note on Friday, June 5th. Finally, DA Davidson cut their price target on shares of Toro from $117.00 to $115.00 and set a “buy” rating for the company in a report on Friday. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Toro currently has a consensus rating of “Hold” and a consensus target price of $101.67.

Toro Stock Up 0.1%

TTC stock opened at $93.45 on Friday. The company has a fifty day moving average price of $96.21 and a 200 day moving average price of $94.94. Toro has a 12 month low of $67.64 and a 12 month high of $105.18. The company has a market cap of $8.85 billion, a price-to-earnings ratio of 24.99 and a beta of 0.70. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.58 and a quick ratio of 0.74.

Toro (NYSE:TTC) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $1.33 earnings per share 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 firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the prior year, the business earned $1.24 EPS. Toro’s quarterly revenue was up 8.4% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. Sell-side analysts expect that Toro will post 4.63 earnings per share for the current year.

Insider Buying and Selling at Toro

In other news, COO Edric Funk sold 527 shares of the company’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $97.97, for a total transaction of $51,630.19. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Kurt D. Svendsen sold 6,600 shares of the business’s stock in a transaction dated 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 directly owned 12,166 shares in the company, valued at approximately $1,132,532.94. This represents a 35.17% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 12,934 shares of company stock valued at $1,204,933. 1.88% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. California State Teachers Retirement System lifted its holdings in Toro by 9,394.1% in the 2nd quarter. California State Teachers Retirement System now owns 10,923,412 shares of the company’s stock valued at $1,064,159,000 after purchasing an additional 10,808,357 shares in the last quarter. Corient Private Wealth LP grew its holdings in Toro by 1,063.5% in the 2nd quarter. Corient Private Wealth LP now owns 187,982 shares of the company’s stock valued at $18,314,000 after buying an additional 171,826 shares during the period. Goldman Sachs Group Inc. increased its stake 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 last quarter. SG Americas Securities LLC lifted its holdings 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 worth $6,396,000 after acquiring an additional 55,206 shares during the period. Finally, Campbell & CO Investment Adviser LLC boosted its position in shares of Toro by 425.6% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 64,783 shares of the company’s stock worth $5,100,000 after acquiring an additional 52,457 shares during the last quarter. 87.95% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Toro

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Toro reported fiscal Q3 revenue of $1.23 billion, up 8.4% year over year and above the $1.19 billion consensus estimate. Adjusted earnings of $1.33 per share also exceeded analyst expectations and rose from $1.24 a year earlier. Toro Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: The company raised fiscal 2026 adjusted EPS guidance to $4.60-$4.65, from $4.50-$4.62, and increased its revenue-growth outlook to 6.3%-6.6%. The new earnings range is broadly in line with the $4.61 consensus estimate. Toro Reports Higher Earnings and Raises FY26 Outlook
• Positive Sentiment: Growth was broad-based, with Professional segment sales increasing 8.8% and Residential segment sales rising 8.6%. Gross margin improved to 34.1% from 33.7%, while Toro returned $110 million to shareholders during the quarter.
• Positive Sentiment: DA Davidson maintained a Buy rating and reduced its price target modestly to $115 from $117, still implying substantial upside from the referenced trading level.
• Neutral Sentiment: Although earnings and revenue beat estimates, reported GAAP diluted EPS was $0.81, reflecting the impact of items that distinguish it from the $1.33 adjusted EPS figure highlighted in market coverage. Toro Fiscal 2026 EPS Guidance
• Negative Sentiment: Insider activity was heavily weighted toward selling, including a substantial sale by Chairman and CEO Richard Olson. This may raise caution about management’s view of near-term valuation, despite the stronger operating results.

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.