Toro Company (The) $TTC Stock Holdings Decreased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its position in shares of Toro Company (The) (NYSE:TTC) by 31.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,934 shares of the company’s stock after selling 14,271 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Toro were worth $2,357,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in TTC. Integrated Wealth Concepts LLC increased its stake in Toro by 10.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,136 shares of the company’s stock valued at $446,000 after buying an additional 586 shares during the period. Goldman Sachs Group Inc. increased 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 during the last quarter. Caxton Associates LLP purchased a new stake in shares of Toro during the first quarter worth $285,000. Empowered Funds LLC boosted its position in Toro by 9.8% during the first quarter. Empowered Funds LLC now owns 38,840 shares of the company’s stock valued at $2,826,000 after purchasing an additional 3,464 shares during the last quarter. Finally, Focus Partners Wealth grew its stake in 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. 87.95% of the stock is currently owned by institutional investors and hedge funds.

Toro Stock Down 1.0%

TTC stock opened at $88.29 on Wednesday. Toro Company has a twelve month low of $62.34 and a twelve month high of $89.68. The company has a quick ratio of 0.86, a current ratio of 1.87 and a debt-to-equity ratio of 0.63. The company has a market cap of $8.64 billion, a PE ratio of 27.85 and a beta of 0.82. The business’s 50-day simple moving average is $75.39 and its 200 day simple moving average is $75.90.

Toro (NYSE:TTC) last announced its quarterly earnings data on Wednesday, December 17th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.05. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.05 billion. Toro had a return on equity of 28.90% and a net margin of 7.01%.The company’s quarterly revenue was down .9% on a year-over-year basis. During the same quarter last year, the company earned $0.95 EPS. Toro has set its FY 2026 guidance at 4.350-4.50 EPS. On average, research analysts anticipate that Toro Company will post 4.41 earnings per share for the current year.

Toro Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Monday, December 22nd were paid a $0.39 dividend. The ex-dividend date was Monday, December 22nd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.8%. This is a positive change from Toro’s previous quarterly dividend of $0.38. Toro’s dividend payout ratio is currently 49.21%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Zacks Research lowered Toro from a “hold” rating to a “strong sell” rating in a report on Monday, December 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Toro in a report on Wednesday, October 8th. Finally, Robert W. Baird set a $84.00 price objective on Toro in a research report on Tuesday, December 16th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $92.20.

Toro 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.