Toro Company (The) $TTC Shares Acquired by Benjamin Edwards Inc.

Key Points

• Benjamin Edwards Inc. increased its Toro stake by 22% in the second quarter, bringing its holdings to 74,419 shares valued at approximately $7.25 million. Institutional investors collectively own 87.95% of Toro.
• Toro reported quarterly earnings of $1.60 per share, surpassing estimates of $1.50, while revenue rose 8.1% year over year to $1.42 billion. The company issued fiscal 2026 EPS guidance of $4.50–$4.62.
• Toro shares opened at $99.14, near the analyst consensus target of $102.33. Analyst sentiment remains cautious, with one Buy rating and five Holds, while insiders sold nearly $1.2 million of stock during the past quarter.

Benjamin Edwards Inc. grew its stake in Toro Company (The) (NYSE:TTC - Free Report) by 22.0% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 74,419 shares of the company's stock after buying an additional 13,433 shares during the quarter. Benjamin Edwards Inc. owned 0.08% of Toro worth $7,250,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in TTC. Pinnacle Bancorp Inc. purchased a new stake in Toro in the first quarter valued at $39,000. Danske Bank A S purchased a new stake in shares of Toro in the 3rd quarter valued at about $46,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Toro by 237.3% in the 2nd 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 period. Root Financial Partners LLC grew its stake in Toro by 277.8% during the 1st quarter. Root Financial Partners LLC now owns 971 shares of the company's stock worth $91,000 after buying an additional 714 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new position in Toro during the third quarter worth approximately $119,000. Hedge funds and other institutional investors own 87.95% of the company's stock.

Toro Trading Up 0.1%

Shares of Toro stock opened at $99.14 on Monday. The firm has a market cap of $9.44 billion, a price-to-earnings ratio of 28.57 and a beta of 0.69. Toro Company has a 52-week low of $67.64 and a 52-week high of $105.18. The company's 50-day simple moving average is $96.02 and its 200-day simple moving average is $95.06. The company has a quick ratio of 0.74, a current ratio of 1.56 and a debt-to-equity ratio of 0.74.

Toro (NYSE:TTC - Get Free Report) last announced its quarterly earnings data on Thursday, June 4th. The company reported $1.60 earnings per share for the quarter, beating analysts' consensus estimates of $1.50 by $0.10. Toro had a return on equity of 31.13% and a net margin of 7.29%.The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the company earned $1.42 EPS. The firm's revenue for the quarter was up 8.1% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.500-4.620 EPS. As a group, equities research analysts anticipate that Toro Company will post 4.6 earnings per share for the current year.

Insider Buying and Selling

In other Toro news, COO Edric C. Funk sold 856 shares of the stock in a transaction on Friday, June 26th. The stock was sold at an average price of $97.97, for a total value of $83,862.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Kurt D. Svendsen sold 6,600 shares of the firm's stock in a transaction on 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 sale, the vice president directly owned 12,166 shares of the company's stock, valued at approximately $1,132,532.94. This trade represents a 35.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 12,934 shares of company stock valued at $1,204,933 over the last quarter. Company insiders own 1.88% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on TTC shares. Weiss Ratings upgraded shares of Toro from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, August 4th. Robert W. Baird reduced their target price on shares of Toro from $105.00 to $100.00 and set a "neutral" rating for the company in a report on Friday, June 5th. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $102.33.

Toro 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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