DA Davidson Issues Positive Forecast for Toro (NYSE:TTC) Stock Price

Key Points

• DA Davidson raised its price target on Toro to $117 (from $97) and maintained a buy rating, implying roughly a 19.9% upside from the current share price.
• Toro beat quarterly expectations with $0.74 EPS (vs. $0.65) and $1.04B in revenue (vs. $1.0B) and issued FY2026 guidance of 4.40–4.60 EPS (consensus ~4.41).
• Overall analyst sentiment is mixed: the consensus is a Hold with an average price target of $100.40, based on two Buy and five Hold ratings.

Toro (NYSE:TTC - Get Free Report) had its target price lifted by equities researchers at DA Davidson from $97.00 to $117.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. DA Davidson's target price would indicate a potential upside of 19.88% from the stock's current price.

TTC has been the subject of several other research reports. Wall Street Zen raised shares of Toro from a "hold" rating to a "buy" rating in a research report on Saturday. Robert W. Baird lifted their price target on Toro from $100.00 to $105.00 and gave the stock a "neutral" rating in a research report on Friday. Raymond James Financial downgraded shares of Toro from an "outperform" rating to a "market perform" rating in a report on Wednesday, February 18th. Finally, Zacks Research raised shares of Toro from a "strong sell" rating to a "hold" rating in a research note on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $100.40.

Toro Price Performance

Shares of TTC traded down $1.87 during mid-day trading on Monday, reaching $97.60. 302,362 shares of the stock traded hands, compared to its average volume of 919,218. 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 firm has a fifty day moving average price of $92.79 and a 200 day moving average price of $81.56. Toro has a 1 year low of $62.34 and a 1 year high of $105.18. The company has a market cap of $9.46 billion, a price-to-earnings ratio of 29.22 and a beta of 0.80.

Toro (NYSE:TTC - Get Free Report) last issued its quarterly earnings data on Thursday, March 5th. The company reported $0.74 earnings per share (EPS) 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 net margin of 7.28% and a return on equity of 29.60%. The company's quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.65 EPS. Toro has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities research analysts predict that Toro will post 4.41 earnings per share for the current year.

Institutional Trading of Toro

Large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its holdings in shares of Toro by 37.4% during the first quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company's stock worth $33,237,000 after purchasing an additional 124,373 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of Toro by 4.4% in the 4th quarter. Van ECK Associates Corp now owns 258,444 shares of the company's stock valued at $20,345,000 after purchasing an additional 10,835 shares in the last quarter. Russell Investments Group Ltd. boosted its position in Toro by 0.3% during the fourth quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company's stock worth $9,889,000 after purchasing an additional 410 shares in the last quarter. Campbell & CO Investment Adviser LLC increased 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 valued at $5,100,000 after buying an additional 52,457 shares in the last quarter. Finally, Hillsdale Investment Management Inc. lifted its position in shares of Toro by 379.6% during the 4th quarter. Hillsdale Investment Management Inc. now owns 55,630 shares of the company's stock valued at $4,379,000 after buying an additional 44,030 shares in the last quarter. Hedge funds and other institutional investors own 87.95% of the company's stock.

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.

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