Toro (TTC) Projected to Post Quarterly Earnings on Thursday

Toro (NYSE:TTC - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Thursday, June 5th. Analysts expect Toro to post earnings of $1.39 per share and revenue of $1.35 billion for the quarter.

Toro Trading Down 0.2%

Shares of TTC traded down $0.16 during mid-day trading on Friday, reaching $75.85. The stock had a trading volume of 1,203,521 shares, compared to its average volume of 954,507. Toro has a 52-week low of $62.34 and a 52-week high of $100.93. The firm has a market cap of $7.57 billion, a price-to-earnings ratio of 18.92 and a beta of 0.83. The business's fifty day moving average is $70.96 and its 200 day moving average is $77.69. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.81 and a quick ratio of 0.74.

Toro Dividend Announcement

The firm also recently disclosed 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 is Tuesday, June 17th. This represents a $1.52 annualized dividend and a yield of 2.00%. Toro's payout ratio is 38.87%.

Analyst Ratings Changes

Several brokerages have recently commented on TTC. Wall Street Zen lowered Toro from a "buy" rating to a "hold" rating in a research note on Tuesday, March 18th. Northland Capmk raised shares of Toro from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 21st. Robert W. Baird lowered their target price on shares of Toro from $88.00 to $84.00 and set a "neutral" rating for the company in a research note on Friday, March 7th. Northland Securities raised shares of Toro from a "market perform" rating to an "outperform" rating and set a $100.00 price target on the stock in a research note on Monday, February 24th. Finally, DA Davidson decreased their price objective on shares of Toro from $86.00 to $80.00 and set a "neutral" rating on the stock in a report on Tuesday, March 11th. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $89.75.

Hedge Funds Weigh In On Toro

Several hedge funds have recently bought and sold shares of TTC. Caxton Associates LLP purchased a new stake in Toro during the first quarter worth about $285,000. Integrated Wealth Concepts LLC boosted its stake in shares of Toro by 10.6% in the first quarter. Integrated Wealth Concepts LLC now owns 6,136 shares of the company's stock valued at $446,000 after purchasing an additional 586 shares during the period. Focus Partners Wealth grew its holdings in shares of Toro by 191.5% in the first quarter. Focus Partners Wealth now owns 7,586 shares of the company's stock valued at $552,000 after purchasing an additional 4,984 shares in the last quarter. Empowered Funds LLC increased its stake in Toro by 9.8% during the 1st quarter. Empowered Funds LLC now owns 38,840 shares of the company's stock worth $2,826,000 after buying an additional 3,464 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of Toro by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company's stock worth $33,237,000 after acquiring an additional 124,373 shares in the last quarter. Institutional investors and hedge funds own 87.95% of the company's stock.

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.