Robert W. Baird Forecasts Strong Price Appreciation for Toro (NYSE:TTC) Stock

Key Points

• Robert W. Baird raised its price objective for Toro from $100 to $105 while keeping a "neutral" rating, implying about a 6.4% upside; the stock's consensus remains a Hold with an average analyst target of $96.40.
• Toro beat Q1 estimates with $0.74 EPS vs. $0.65 expected and $1.04B revenue (+4.2% YoY) and issued FY2026 guidance of $4.40–$4.60 EPS that sits roughly in line with analyst forecasts.
• Institutional ownership is high (about 88%) with several funds increasing stakes, but a large spike in put option purchases suggests elevated near‑term hedging or speculative pressure that could increase volatility.

Toro (NYSE:TTC - Get Free Report) had its price objective upped by equities research analysts at Robert W. Baird from $100.00 to $105.00 in a research report issued on Friday,Benzinga reports. The firm presently has a "neutral" rating on the stock. Robert W. Baird's price objective would indicate a potential upside of 6.43% from the company's previous close.

A number of other brokerages also recently commented on TTC. Zacks Research raised Toro from a "strong sell" rating to a "hold" rating in a research report on Tuesday, January 20th. Wall Street Zen downgraded shares of Toro from a "buy" rating to a "hold" rating in a research note on Sunday, February 22nd. Finally, Raymond James Financial cut shares of Toro from an "outperform" rating to a "market perform" rating in a research report on Wednesday, February 18th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $96.40.

Toro Price Performance

TTC stock opened at $98.66 on Friday. Toro has a 1 year low of $62.34 and a 1 year high of $105.19. The firm has a market cap of $9.66 billion, a P/E ratio of 31.12 and a beta of 0.80. The stock's 50 day moving average price is $92.39 and its 200 day moving average price is $81.35. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.86 and a current ratio of 1.87.

Toro (NYSE:TTC - Get Free Report) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.09. The firm had revenue of $1.04 billion during the quarter, compared to analysts' expectations of $1 billion. Toro had a return on equity of 28.90% and a net margin of 7.01%.The firm's quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.65 EPS. Toro has set its FY 2026 guidance at 4.400-4.600 EPS. On average, sell-side analysts expect that Toro will post 4.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Toro

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TTC. Goldman Sachs Group Inc. grew its stake in shares of Toro by 37.4% during the first 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. Van ECK Associates Corp boosted its holdings in Toro by 4.4% in the fourth quarter. Van ECK Associates Corp now owns 258,444 shares of the company's stock valued at $20,345,000 after purchasing an additional 10,835 shares during the last quarter. Russell Investments Group Ltd. grew its stake in Toro by 0.3% during the 4th quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company's stock valued at $9,889,000 after purchasing an additional 410 shares in the last quarter. Campbell & CO Investment Adviser LLC increased its holdings in Toro by 425.6% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 64,783 shares of the company's stock worth $5,100,000 after purchasing an additional 52,457 shares during the last quarter. Finally, Hillsdale Investment Management Inc. raised its position in shares of Toro by 379.6% in the 4th quarter. Hillsdale Investment Management Inc. now owns 55,630 shares of the company's stock valued at $4,379,000 after purchasing an additional 44,030 shares in the last quarter. 87.95% of the stock is owned by hedge funds and other institutional investors.

Toro News Roundup

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Q1 results beat estimates — Toro reported $0.74 EPS vs. $0.65 expected and revenue of $1.04B vs. ~$1.00B expected; revenue rose 4.2% year-over-year and margins/ROE remain strong, supporting near-term earnings momentum. Toro (TTC) Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Management highlighted "strong sales growth and strategic execution" on the earnings call and released a slide deck/press release that reinforce revenue diversification and margin control. These qualitative points help justify multiple expansion after the beat. The Toro Co (TTC) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: FY‑2026 guidance set to $4.40–$4.60 EPS and revenue $4.6B–$4.8B — roughly centered on analyst expectations (consensus EPS ~4.50; revenue ~4.7B). Guidance reduces downside surprise risk but offers limited upside surprise vs. consensus. FY2026 Guidance / Press Release
• Neutral Sentiment: Earnings materials published (call presentation and transcript) provide details on segment performance and inventory/distribution trends — useful for fundamental follow-up but unlikely to move the stock materially beyond today’s reaction. Earnings Call Presentation
• Negative Sentiment: Unusual options activity: a large spike in put purchases (1,176 puts, +1,709% vs. average) indicates some traders are hedging or speculating on near-term downside—this can add short-term downward pressure or volatility even with a clean beat.

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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