Research Analysts Offer Predictions for Toro Q3 Earnings

The Toro Company (NYSE:TTC - Free Report) - Investment analysts at Northland Capmk boosted their Q3 2025 earnings per share (EPS) estimates for Toro in a note issued to investors on Friday, June 6th. Northland Capmk analyst E. Jackson now expects 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 recently issued reports about the company. Raymond James reduced their price objective on Toro from $95.00 to $90.00 and set an "outperform" rating on the stock in a research note on Friday. Northland Securities reissued a "market perform" rating and issued a $80.00 price objective (down previously from $100.00) on shares of Toro in a research report on Friday. DA Davidson decreased their price objective on Toro from $86.00 to $80.00 and set a "neutral" rating for the company in a report on Tuesday, March 11th. Robert W. Baird increased their target price on Toro from $84.00 to $85.00 and gave the company a "neutral" rating in a report on Tuesday, June 3rd. Finally, Wall Street Zen downgraded Toro from a "buy" rating to a "hold" rating in a research 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 data from MarketBeat.com, Toro has a consensus rating of "Hold" and an average target price of $83.75.

Toro Trading Down 6.6%

Toro stock opened at $68.43 on Monday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.81 and a quick ratio of 0.74. The stock has a market cap of $6.83 billion, a P/E ratio of 17.06 and a beta of 0.83. The firm's 50 day moving average price is $70.96 and its 200-day moving average price is $77.34. Toro has a 1 year low of $62.34 and a 1 year high of $100.93.

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

Institutional Trading of Toro

A number of large investors have recently made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC lifted its position in Toro by 45.5% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 7,031,295 shares of the company's stock valued at $563,207,000 after purchasing an additional 2,199,920 shares during the period. AQR Capital Management LLC raised its position in Toro by 1,184.6% during the first quarter. AQR Capital Management LLC now owns 1,963,253 shares of the company's stock worth $142,827,000 after acquiring an additional 1,810,429 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Toro by 996,664.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 498,382 shares of the company's stock worth $39,410,000 after acquiring an additional 498,332 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Toro in the 4th quarter valued at about $36,561,000. Finally, Boston Trust Walden Corp increased its stake in Toro by 133.3% in the first quarter. Boston Trust Walden Corp now owns 779,419 shares of the company's stock valued at $56,703,000 after purchasing an additional 445,287 shares during the last quarter. 87.95% of the stock is owned by institutional investors and hedge funds.

Toro Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Tuesday, June 17th will be given a $0.38 dividend. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.22%. Toro's dividend payout ratio (DPR) is presently 38.97%.

About Toro

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.