Curated Wealth Partners LLC Makes New Investment in Toro Company (The) $TTC

Key Points

• Curated Wealth Partners acquired 12,487 Toro shares during the third quarter, valued at approximately $1.2 million. Institutional investors collectively own 87.95% of the company.
• Analysts maintain a generally positive outlook, with Toro receiving a consensus “Moderate Buy” rating and an average price target of $111.67, compared with a recent price of $100.22.
• Toro exceeded quarterly earnings and revenue estimates, reporting $1.33 in EPS and $1.23 billion in revenue. The company also declared a quarterly dividend of $0.39 per share, representing a 1.6% annualized yield.

Curated Wealth Partners LLC acquired a new stake in shares of Toro Company (The) (NYSE:TTC - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,487 shares of the company's stock, valued at approximately $1,204,000.

Several other institutional investors have also bought and sold shares of TTC. Essential Partners LLC lifted its stake in Toro by 2.3% during the 1st quarter. Essential Partners LLC now owns 10,519 shares of the company's stock valued at $983,000 after acquiring an additional 233 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Toro by 8.4% in the 2nd quarter. GAMMA Investing LLC now owns 4,550 shares of the company's stock worth $443,000 after acquiring an additional 351 shares in the last quarter. Elevation Wealth Partners LLC grew its stake in shares of Toro by 52.1% in the 3rd quarter. Elevation Wealth Partners LLC now owns 1,197 shares of the company's stock worth $115,000 after acquiring an additional 410 shares in the last quarter. Pinnacle Bancorp Inc. bought a new stake in shares of Toro in the 1st quarter worth $39,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Toro by 237.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 769 shares of the company's stock valued at $75,000 after purchasing an additional 541 shares during the last quarter. Institutional investors and hedge funds own 87.95% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on TTC. DA Davidson decreased their target price on Toro from $117.00 to $115.00 and set a "buy" rating for the company in a research report on Friday, September 4th. Weiss Ratings raised shares of Toro from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Wall Street Zen lowered shares of Toro from a "strong-buy" rating to a "buy" rating in a research report on Sunday, October 4th. Finally, Oppenheimer assumed coverage on shares of Toro in a report on Wednesday, September 23rd. They set an "outperform" rating and a $120.00 price objective for the company. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $111.67.

Toro Price Performance

TTC stock traded up $1.96 during mid-day trading on Thursday, reaching $100.22. 249,501 shares of the company traded hands, compared to its average volume of 825,597. 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 market capitalization of $9.49 billion, a P/E ratio of 26.80, a P/E/G ratio of 2.11 and a beta of 0.66. Toro Company has a 52-week low of $67.64 and a 52-week high of $105.18. The company has a fifty day moving average price of $96.70 and a 200-day moving average price of $94.56.

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 analysts' consensus estimates of $1.31 by $0.02. The firm 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 business's quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.24 EPS. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. As a group, analysts anticipate that Toro Company will post 4.64 earnings per share for the current year.

Toro Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th will be paid 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 (DPR) 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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