Integrity Alliance LLC. Purchases New Stake in Toro Company (The) $TTC

Key Points

• Integrity Alliance LLC acquired 12,899 Toro shares in the third quarter, valued at approximately $1.24 million. Institutional investors and hedge funds collectively own 87.95% of the company.
• Toro reported quarterly earnings of $1.33 per share, topping 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.
• Analysts give Toro an average “Moderate Buy” rating and an average price target of $111.67. The company’s quarterly dividend is $0.39 per share, equivalent to a 1.5% annual yield.

Integrity Alliance LLC. acquired a new position in shares of Toro Company (The) (NYSE:TTC - Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 12,899 shares of the company's stock, valued at approximately $1,244,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Toro in the third quarter valued at about $81,000. ProShare Advisors LLC raised its stake in Toro by 2.6% during the third quarter. ProShare Advisors LLC now owns 288,903 shares of the company's stock worth $27,856,000 after purchasing an additional 7,299 shares during the period. Vise Technologies Inc. boosted its holdings in Toro by 72.5% in the 3rd quarter. Vise Technologies Inc. now owns 9,547 shares of the company's stock valued at $921,000 after purchasing an additional 4,014 shares during the last quarter. Investment Partners LTD. acquired a new position in Toro in the 3rd quarter valued at about $219,000. Finally, MGO One Seven LLC purchased a new stake in shares of Toro in the 3rd quarter valued at approximately $226,000. Institutional investors and hedge funds own 87.95% of the company's stock.

Toro Trading Down 2.1%

NYSE TTC opened at $105.24 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 stock has a market capitalization of $9.96 billion, a P/E ratio of 28.14, a PEG ratio of 2.11 and a beta of 0.67. The firm's 50-day moving average is $98.85 and its two-hundred day moving average is $95.78. Toro Company has a 12 month low of $67.64 and a 12 month high of $110.87.

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

Toro Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were given a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. Toro's payout ratio is presently 41.71%.

Wall Street Analysts Forecast Growth

TTC has been the topic of several analyst reports. 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. Oppenheimer began coverage on Toro in a report on Wednesday, September 23rd. They issued an "outperform" rating and a $120.00 price objective on the stock. Wall Street Zen lowered Toro from a "strong-buy" rating to a "buy" rating in a research report on Sunday, October 4th. Finally, Weiss Ratings raised Toro from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, October 29th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Toro currently has an average rating of "Moderate Buy" and an average target price of $111.67.

Toro Company Profile

The Toro Company NYSE: TTC designs, manufactures and markets equipment and solutions for maintaining outdoor environments. Its products serve professional and residential customers in areas such as turf care, landscaping, irrigation, snow and ice management, and outdoor construction.

The company's portfolio includes zero-turn and riding mowers, walk-behind mowers, utility vehicles, turf maintenance equipment, landscape and irrigation systems, snowplows and snow removal equipment, and compact utility and underground construction machinery.

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