LSV Asset Management Buys Shares of 13,700 Toro Company (The) $TTC

Key Points

• LSV Asset Management opened a new position in Toro Company, buying 13,700 shares worth about $1.08 million in the fourth quarter.
• Toro reported better-than-expected quarterly results, with EPS of $0.74 versus $0.65 expected and revenue of $1.04 billion versus $1.0 billion expected, while also reaffirming FY 2026 guidance of $4.40–$4.60 EPS.
• The company declared a quarterly dividend of $0.39 per share, and recent analyst sentiment remains mixed with a consensus rating of Hold and an average price target of $100.40.

LSV Asset Management bought a new stake in Toro Company (The) (NYSE:TTC - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 13,700 shares of the company's stock, valued at approximately $1,078,000.

Several other institutional investors have also recently bought and sold shares of TTC. Integrated Wealth Concepts LLC lifted its stake in Toro by 10.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,136 shares of the company's stock valued at $446,000 after acquiring an additional 586 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Toro by 37.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company's stock valued at $33,237,000 after acquiring an additional 124,373 shares in the last quarter. Caxton Associates LLP bought a new stake in Toro in the 1st quarter valued at approximately $285,000. Empowered Funds LLC lifted its stake in Toro by 9.8% in the 1st quarter. Empowered Funds LLC now owns 38,840 shares of the company's stock valued at $2,826,000 after acquiring an additional 3,464 shares in the last quarter. Finally, Focus Partners Wealth increased its position in shares of Toro by 191.5% during the 1st quarter. Focus Partners Wealth now owns 7,586 shares of the company's stock worth $552,000 after purchasing an additional 4,984 shares during the last quarter. Institutional investors own 87.95% of the company's stock.

Toro Stock Up 0.1%

NYSE:TTC opened at $91.70 on Thursday. The firm has a market capitalization of $8.89 billion, a price-to-earnings ratio of 27.46 and a beta of 0.73. Toro Company has a twelve month low of $67.04 and a twelve month high of $105.18. The stock's 50 day moving average price is $93.60 and its two-hundred day moving average price is $88.19. The company has a quick ratio of 0.73, a current ratio of 1.69 and a debt-to-equity ratio of 0.75.

Toro (NYSE:TTC - Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported $0.74 earnings per share for the quarter, topping analysts' consensus estimates of $0.65 by $0.09. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1 billion. Toro had a return on equity of 29.60% and a net margin of 7.28%.The firm's 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. Equities research analysts expect that Toro Company will post 4.52 earnings per share for the current fiscal year.

Toro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 16th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.7%. Toro's payout ratio is presently 46.71%.

Analysts Set New Price Targets

Several research analysts have weighed in on TTC shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Toro in a research report on Friday, April 17th. DA Davidson boosted their price target on Toro from $97.00 to $117.00 and gave the stock a "buy" rating in a research report on Monday, March 9th. Robert W. Baird boosted their price target on Toro from $100.00 to $105.00 and gave the stock a "neutral" rating in a research report on Friday, March 6th. Wall Street Zen raised Toro from a "buy" rating to a "strong-buy" rating in a research report on Sunday, March 15th. Finally, Raymond James Financial lowered Toro from an "outperform" rating to a "market perform" rating in a research report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $100.40.

Insider Buying and Selling

In related news, Director James Calvin O'rourke sold 4,951 shares of the business's stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $99.40, for a total transaction of $492,129.40. Following the transaction, the director directly owned 2,704 shares of the company's stock, valued at approximately $268,777.60. The trade was a 64.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Richard M. Olson sold 119,400 shares of the business's stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $100.15, for a total value of $11,957,910.00. Following the transaction, the chief executive officer directly owned 38,186 shares in the company, valued at $3,824,327.90. The trade was a 75.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.88% of the stock is currently owned by insiders.

Toro Company Profile

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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