Q1 Earnings Estimate for Toro Issued By Northland Securities

Key Points

• Northland Securities lowered Toro’s Q1 2027 EPS estimate to $0.98 from $0.99. The firm projects EPS of $5.32 for FY2028, $5.67 for FY2029 and $5.88 for FY2030.
• Toro’s latest quarterly results exceeded expectations, with EPS of $1.33 versus the $1.31 consensus and revenue of $1.23 billion versus estimates of $1.19 billion. Revenue increased 8.4% year over year, while fiscal 2026 EPS guidance remains $4.60–$4.65.
• Analyst sentiment remains cautious: Toro has a consensus “Hold” rating and an average price target of $107.50, with one Buy rating and four Hold ratings.

Toro Company (The) (NYSE:TTC - Free Report) - Equities researchers at Northland Securities decreased their Q1 2027 earnings per share (EPS) estimates for Toro in a note issued to investors on Friday, September 4th. Northland Securities analyst T. Jackson now forecasts that the company will earn $0.98 per share for the quarter, down from their prior estimate of $0.99. The consensus estimate for Toro's current full-year earnings is $4.63 per share. Northland Securities also issued estimates for Toro's FY2028 earnings at $5.32 EPS, FY2029 earnings at $5.67 EPS and FY2030 earnings at $5.88 EPS.

Toro (NYSE:TTC - Get Free Report) last posted its earnings results on Thursday, September 3rd. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.02. Toro had a return on equity of 31.86% and a net margin of 7.64%.The company had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.19 billion. During the same quarter last year, the firm earned $1.24 earnings per share. The firm'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.

Several other analysts have also issued reports on the stock. DA Davidson reduced their price objective on shares of Toro from $117.00 to $115.00 and set a "buy" rating on the stock in a report on Friday, September 4th. Robert W. Baird lowered their target price on shares of Toro from $105.00 to $100.00 and set a "neutral" rating for the company in a research note on Friday, June 5th. Wall Street Zen cut shares of Toro from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Finally, Weiss Ratings upgraded shares of Toro from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $107.50.

Toro Stock Performance

NYSE TTC opened at $94.84 on Wednesday. The stock has a market cap of $8.98 billion, a PE ratio of 25.36 and a beta of 0.70. The company has a current ratio of 1.58, a quick ratio of 0.74 and a debt-to-equity ratio of 0.72. Toro has a twelve month low of $67.64 and a twelve month high of $105.18. The stock has a fifty day simple moving average of $96.08 and a 200-day simple moving average of $94.87.

Institutional Trading of Toro

Several hedge funds have recently made changes to their positions in TTC. California State Teachers Retirement System boosted its stake in shares of Toro by 9,394.1% in the second 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 during the period. Goldman Sachs Group Inc. increased its stake in Toro by 37.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company's stock worth $33,237,000 after buying an additional 124,373 shares during the period. Van ECK Associates Corp increased its stake in Toro by 4.4% during the 4th quarter. Van ECK Associates Corp now owns 258,444 shares of the company's stock worth $20,345,000 after buying an additional 10,835 shares during the period. Corient Private Wealth LP lifted its holdings in Toro by 1,063.5% during the 2nd quarter. Corient Private Wealth LP now owns 187,982 shares of the company's stock worth $18,314,000 after buying an additional 171,826 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its holdings in Toro by 4,227.0% during the 2nd quarter. Baird Financial Group Inc. now owns 175,893 shares of the company's stock worth $17,135,000 after buying an additional 171,828 shares in the last quarter. Institutional investors and hedge funds own 87.95% of the company's stock.

Insider Buying and Selling at Toro

In related news, COO Edric C. Funk sold 527 shares of the firm's stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $97.97, for a total transaction of $51,630.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Kurt Svendsen sold 6,600 shares of Toro stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $93.09, for a total value of $614,394.00. Following the completion of the transaction, the vice president directly owned 12,166 shares of the company's stock, valued at approximately $1,132,532.94. This represents a 35.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 7,983 shares of company stock worth $749,887 in the last quarter. Company insiders own 1.88% 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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