Toro Company (The) (NYSE:TTC) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Analysts have a consensus “Hold” rating on Toro, with four holds and two buys; the average 12-month price target is $111.67.
• Toro reported quarterly EPS of $1.33, beating estimates of $1.31, while revenue rose 8.4% year over year to $1.23 billion. The company guided to fiscal 2026 EPS of $4.60–$4.65.
• Institutional investors own 87.95% of Toro, and the company declared a quarterly dividend of $0.39 per share, equivalent to a 1.6% annualized yield.

Shares of Toro Company (The) (NYSE:TTC - Get Free Report) have received a consensus recommendation of "Hold" from the six ratings firms that are covering the firm, MarketBeat.com reports. Four 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 objective among brokerages that have issued ratings on the stock in the last year is $111.67.

Several brokerages have recently commented on TTC. DA Davidson reduced their price target on shares of Toro from $117.00 to $115.00 and set a "buy" rating on the stock in a research report on Friday, September 4th. Wall Street Zen raised Toro from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 26th. Oppenheimer began coverage on Toro in a research note on Wednesday, September 23rd. They set an "outperform" rating and a $120.00 price objective on the stock. Weiss Ratings raised Toro from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, August 4th. Finally, Robert W. Baird decreased their target price on Toro from $105.00 to $100.00 and set a "neutral" rating for the company in a research report on Friday, June 5th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of TTC. Corient Private Wealth LP lifted its holdings in Toro by 1,063.5% in the second quarter. Corient Private Wealth LP now owns 187,982 shares of the company's stock worth $18,314,000 after acquiring an additional 171,826 shares during the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Toro by 4,227.0% in the 2nd quarter. Baird Financial Group Inc. now owns 175,893 shares of the company's stock worth $17,135,000 after purchasing an additional 171,828 shares during the last quarter. Engineers Gate Manager LP lifted its holdings in shares of Toro by 73.9% in the 2nd quarter. Engineers Gate Manager LP now owns 75,330 shares of the company's stock worth $7,339,000 after purchasing an additional 32,003 shares during the last quarter. Benjamin Edwards Inc. boosted its position in Toro by 22.0% during the 2nd quarter. Benjamin Edwards Inc. now owns 74,419 shares of the company's stock valued at $7,250,000 after purchasing an additional 13,433 shares during the period. Finally, SG Americas Securities LLC boosted its position in 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 purchasing an additional 55,206 shares during the period. 87.95% of the stock is owned by institutional investors and hedge funds.

Toro Trading Down 0.9%

TTC opened at $96.50 on Thursday. Toro has a 12-month low of $67.64 and a 12-month high of $105.18. 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 stock has a market capitalization of $9.14 billion, a PE ratio of 25.80 and a beta of 0.70. The firm's fifty day moving average price is $96.07 and its 200 day moving average price is $94.34.

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

Toro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, October 6th. Toro's dividend payout ratio is 41.71%.

Toro Company Profile

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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