California State Teachers Retirement System Has $10.92 Million Stock Holdings in Toro Company (The) $TTC

California State Teachers Retirement System decreased its holdings in shares of Toro Company (The) (NYSE:TTC - Free Report) by 2.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 112,127 shares of the company's stock after selling 2,928 shares during the quarter. California State Teachers Retirement System owned approximately 0.12% of Toro worth $10,923,412 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Benjamin Edwards Inc. boosted its holdings in Toro by 22.0% during the 2nd quarter. Benjamin Edwards Inc. now owns 74,419 shares of the company's stock worth $7,250,000 after acquiring an additional 13,433 shares during the last quarter. SG Americas Securities LLC raised its stake in Toro by 416.7% during the 1st quarter. SG Americas Securities LLC now owns 68,455 shares of the company's stock valued at $6,396,000 after purchasing an additional 55,206 shares during the period. Hillsdale Investment Management Inc. lifted its holdings in shares of Toro by 4.0% in the 1st quarter. Hillsdale Investment Management Inc. now owns 57,830 shares of the company's stock worth $5,404,000 after acquiring an additional 2,200 shares during the last quarter. Hsbc Holdings PLC boosted its position in Toro by 160.8% during the second quarter. Hsbc Holdings PLC now owns 41,067 shares of the company's stock valued at $3,976,000 after purchasing an additional 25,318 shares in the last quarter. Finally, VELA Investment Management LLC lifted its holdings in Toro by 11.5% in the second quarter. VELA Investment Management LLC now owns 31,728 shares of the company's stock valued at $3,091,000 after acquiring an additional 3,266 shares during the period. Institutional investors own 87.95% of the company's stock.

Toro Stock Up 0.2%

TTC traded up $0.22 during trading on Tuesday, hitting $93.83. The stock had a trading volume of 352,313 shares, compared to its average volume of 830,255. Toro Company has a twelve month low of $67.64 and a twelve month high of $105.18. The company has a market capitalization of $8.88 billion, a PE ratio of 25.10 and a beta of 0.70. The stock has a 50 day simple moving average of $95.79 and a two-hundred day simple moving average of $94.65. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.74 and a current ratio of 1.58.

Toro (NYSE:TTC - Get Free Report) last announced its earnings results on Thursday, September 3rd. The company reported $1.33 EPS for the quarter, beating analysts' consensus estimates 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 period last year, the business posted $1.24 EPS. Toro's revenue for the quarter was up 8.4% on a year-over-year basis. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. On average, research analysts predict that Toro Company will post 4.64 earnings per share for the current year.

Insider Activity at Toro

In related news, COO Edric Funk sold 856 shares of the business'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 $83,862.32. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Kurt D. Svendsen sold 6,600 shares of the company's stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $93.09, for a total transaction of $614,394.00. Following the completion of the sale, the vice president owned 12,166 shares of the company's stock, valued at approximately $1,132,532.94. This represents a 35.17% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 8,128 shares of company stock worth $763,569. Insiders own 1.88% of the company's stock.

Wall Street Analyst Weigh In

TTC has been the subject of several research analyst reports. Robert W. Baird lowered their target price on shares of Toro from $105.00 to $100.00 and set a "neutral" rating on the stock in a research report on Friday, June 5th. 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 upgraded Toro from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, August 4th. Finally, Wall Street Zen cut Toro from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 5th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $107.50.

Toro Company Profile

The Toro Company NYSE: TTC is a Minnesota-based manufacturer of equipment and solutions for maintaining outdoor environments. Founded in 1914, the company serves professional and residential customers through products sold under brands including Toro, Exmark, and BOSS.

Toro's product portfolio includes turf and landscape maintenance equipment, commercial and residential lawn mowers, irrigation systems, outdoor lighting, utility vehicles, compact utility loaders, and equipment for snow and ice management.

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