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

Key Points

• Wall Street Zen downgraded Toro from “strong-buy” to “buy,” while the broader analyst consensus remains “hold” with an average price target of $111.67.
• Toro reported quarterly EPS of $1.33, beating estimates by $0.02, while revenue reached $1.23 billion and rose 8.4% year over year. Management guided for fiscal 2026 EPS of $4.60–$4.65.
• Institutional ownership remains high at 87.95%, with several investment firms recently increasing their Toro holdings or initiating new positions.

Toro (NYSE:TTC - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research report issued to clients and investors on Sunday, Wall Street Zen reports.

Other analysts have also recently issued reports about the company. DA Davidson dropped their price objective on Toro from $117.00 to $115.00 and set a "buy" rating for the company in a report on Friday, September 4th. Weiss Ratings raised shares of Toro from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, August 4th. Finally, Oppenheimer initiated coverage on shares of Toro in a research report on Wednesday, September 23rd. They set an "outperform" rating and a $120.00 price target for the company. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $111.67.

Toro Stock Performance

TTC stock opened at $98.75 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.58 and a quick ratio of 0.74. The company has a 50 day moving average price of $96.29 and a 200 day moving average price of $94.38. Toro has a fifty-two week low of $67.64 and a fifty-two week high of $105.18. The stock has a market capitalization of $9.35 billion, a PE ratio of 26.40 and a beta of 0.66.

Toro (NYSE:TTC - Get Free Report) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.02. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. Toro had a return on equity of 31.86% and a net margin of 7.64%.The business's quarterly revenue was up 8.4% compared to the same quarter last year. During the same period last year, the company earned $1.24 EPS. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. Analysts forecast that Toro will post 4.64 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TTC. CX Institutional bought a new position in shares of Toro during the third quarter worth $6,647,000. Versant Capital Management Inc increased its position in shares of Toro by 30.2% in the 3rd quarter. Versant Capital Management Inc now owns 3,820 shares of the company's stock valued at $368,000 after buying an additional 885 shares in the last quarter. Security National Bank of SO Dak acquired a new stake in Toro during the 2nd quarter worth $58,000. Tidal Investments LLC raised its stake in Toro by 69.9% during the 2nd quarter. Tidal Investments LLC now owns 26,014 shares of the company's stock worth $2,534,000 after buying an additional 10,701 shares during the period. Finally, Engineers Gate Manager LP lifted its holdings in Toro by 73.9% during the second quarter. Engineers Gate Manager LP now owns 75,330 shares of the company's stock worth $7,339,000 after acquiring an additional 32,003 shares in the last quarter. Institutional investors and hedge funds own 87.95% of the company's stock.

About Toro

The Toro Company NYSE: TTC designs, manufactures and markets equipment and systems used to maintain landscapes, turf and outdoor environments. Its products serve professional contractors, golf courses, sports fields, municipalities, rental companies, construction and utility operators, and residential customers.

The company's product portfolio includes commercial and residential mowers, turf maintenance equipment, irrigation systems, snow and ice management equipment, compact utility loaders, trenchers, underground construction equipment and related attachments.

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