Northland Capmk Brokers Increase Earnings Estimates for Toro

The Toro Company (NYSE:TTC - Free Report) - Analysts at Northland Capmk increased their Q3 2025 earnings per share estimates for Toro in a report issued on Friday, June 6th. Northland Capmk analyst E. Jackson now forecasts that the company will post earnings of $1.21 per share for the quarter, up from their previous estimate of $1.20. Northland Capmk has a "Hold" rating on the stock. The consensus estimate for Toro's current full-year earnings is $4.41 per share. Northland Capmk also issued estimates for Toro's FY2025 earnings at $4.23 EPS, Q3 2026 earnings at $1.17 EPS and Q4 2026 earnings at $1.03 EPS.

Other equities research analysts have also issued research reports about the company. DA Davidson set a $76.00 target price on Toro and gave the company a "neutral" rating in a research note on Monday. Northland Securities reaffirmed a "market perform" rating and set a $80.00 price objective (down previously from $100.00) on shares of Toro in a research note on Friday, June 6th. Robert W. Baird lifted their price objective on Toro from $84.00 to $85.00 and gave the stock a "neutral" rating in a research report on Tuesday, June 3rd. Raymond James reduced their target price on shares of Toro from $95.00 to $90.00 and set an "outperform" rating on the stock in a report on Friday, June 6th. Finally, Wall Street Zen downgraded shares of Toro from a "buy" rating to a "hold" rating in a report on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, Toro presently has an average rating of "Hold" and a consensus target price of $82.75.

Toro Price Performance

Shares of TTC stock traded down $1.01 during trading hours on Monday, hitting $69.68. The company's stock had a trading volume of 709,469 shares, compared to its average volume of 943,614. The company has a current ratio of 1.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.59. The business has a fifty day moving average of $71.09 and a 200-day moving average of $77.16. Toro has a twelve month low of $62.34 and a twelve month high of $100.93. The stock has a market cap of $6.88 billion, a price-to-earnings ratio of 17.38 and a beta of 0.83.

Toro (NYSE:TTC - Get Free Report) last released its quarterly earnings results on Thursday, June 5th. The company reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.02. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.35 billion. Toro had a return on equity of 27.25% and a net margin of 9.14%. The business's revenue was down 2.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.40 EPS.

Hedge Funds Weigh In On Toro

Several hedge funds and other institutional investors have recently modified their holdings of TTC. Captrust Financial Advisors raised its holdings in Toro by 33.8% in the fourth quarter. Captrust Financial Advisors now owns 52,934 shares of the company's stock valued at $4,240,000 after buying an additional 13,373 shares during the period. LPL Financial LLC increased its position in shares of Toro by 33.6% in the fourth quarter. LPL Financial LLC now owns 57,435 shares of the company's stock worth $4,601,000 after acquiring an additional 14,433 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of Toro by 111.4% in the 4th quarter. Quantbot Technologies LP now owns 51,945 shares of the company's stock valued at $4,161,000 after acquiring an additional 27,376 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Toro by 5.3% in the 4th quarter. Bank of New York Mellon Corp now owns 1,187,550 shares of the company's stock valued at $95,123,000 after acquiring an additional 60,068 shares during the period. Finally, Bell Asset Management Ltd lifted its holdings in shares of Toro by 72.4% during the 4th quarter. Bell Asset Management Ltd now owns 77,756 shares of the company's stock valued at $6,228,000 after acquiring an additional 32,661 shares in the last quarter. 87.95% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Toro news, Director Gary Lee Ellis sold 5,038 shares of the stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $70.81, for a total transaction of $356,740.78. Following the transaction, the director now owns 34,062 shares of the company's stock, valued at $2,411,930.22. This trade represents a 12.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.39% of the company's stock.

Toro Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Tuesday, June 17th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $1.52 annualized dividend and a dividend yield of 2.18%. Toro's payout ratio is currently 38.97%.

Toro Company Profile

The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders.