Toro (NYSE:TTC) Stock Price Passes Above 50-Day Moving Average - Here's Why

Key Points

• Toro (TTC) briefly crossed above its 50‑day moving average of $96.16, trading as high as $96.27 during Tuesday's session.
• The company beat Q results—EPS $0.74 vs. $0.65 consensus and revenue $1.04B vs. $1.0B—and issued FY2026 guidance of $4.40–$4.60 (analysts expect ~4.52 EPS).
• Significant insider selling occurred in March (CEO Richard Olson sold 119,400 shares for about $12M), insiders now own 1.88%, and analysts hold a consensus Hold rating with an average price target of $100.40.

Toro Company (The) (NYSE:TTC - Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $96.16 and traded as high as $96.27. Toro shares last traded at $94.77, with a volume of 559,182 shares trading hands.

Analyst Ratings Changes

TTC has been the subject of several recent research reports. Robert W. Baird raised their price objective on Toro from $100.00 to $105.00 and gave the company a "neutral" rating in a research report on Friday, March 6th. Raymond James Financial downgraded shares of Toro from an "outperform" rating to a "market perform" rating in a research report on Wednesday, February 18th. Zacks Research upgraded shares of Toro from a "strong sell" rating to a "hold" rating in a research note on Tuesday, January 20th. DA Davidson lifted their price target on shares of Toro from $97.00 to $117.00 and gave the company a "buy" rating in a research report on Monday, March 9th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Toro in a report on Friday, April 17th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Toro has a consensus rating of "Hold" and an average price target of $100.40.

Toro Price Performance

The firm has a 50-day moving average of $96.16 and a 200 day moving average of $85.81. The company has a market capitalization of $9.19 billion, a PE ratio of 28.37 and a beta of 0.80. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.69 and a quick ratio of 0.73.

Toro (NYSE:TTC - Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.09. Toro had a net margin of 7.28% and a return on equity of 29.60%. The business had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1 billion. During the same quarter in the prior year, the business earned $0.65 EPS. The business's revenue for the quarter was up 4.2% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, research analysts anticipate that Toro Company will post 4.52 earnings per share for the current fiscal year.

Toro Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 13th. Shareholders of record on Monday, March 30th were paid a dividend of $0.39 per share. The ex-dividend date was Monday, March 30th. This represents a $1.56 dividend on an annualized basis and a yield of 1.6%. Toro's payout ratio is currently 46.71%.

Insider Buying and Selling at Toro

In other Toro news, CEO Richard M. Olson sold 119,400 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $100.15, for a total value of $11,957,910.00. Following the transaction, the chief executive officer owned 38,186 shares of the company's stock, valued at approximately $3,824,327.90. This represents a 75.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James Calvin O'rourke sold 4,951 shares of the firm's stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $99.40, for a total value of $492,129.40. Following the completion of the transaction, the director directly owned 2,704 shares in the company, valued at $268,777.60. The trade was a 64.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.88% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Toro

Institutional investors have recently made changes to their positions in the business. TD Private Client Wealth LLC raised its position in Toro by 14,306.0% in the third quarter. TD Private Client Wealth LLC now owns 47,684 shares of the company's stock worth $3,634,000 after acquiring an additional 47,353 shares during the period. SG Americas Securities LLC grew its position in shares of Toro by 193.8% during the 3rd quarter. SG Americas Securities LLC now owns 21,019 shares of the company's stock valued at $1,602,000 after acquiring an additional 13,865 shares during the period. Farther Finance Advisors LLC grew its position in shares of Toro by 45.2% during the 4th quarter. Farther Finance Advisors LLC now owns 18,108 shares of the company's stock valued at $1,425,000 after acquiring an additional 5,634 shares during the period. Pacer Advisors Inc. increased its stake in shares of Toro by 155.9% in the 3rd quarter. Pacer Advisors Inc. now owns 13,000 shares of the company's stock worth $991,000 after purchasing an additional 7,920 shares in the last quarter. Finally, Burns Matteson Capital Management LLC purchased a new stake in shares of Toro in the 4th quarter worth $579,000. Institutional investors own 87.95% of the company's stock.

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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