Toro Company (The) (NYSE:TTC) Given Consensus Rating of “Hold” by Analysts

Shares of Toro Company (The) (NYSE:TTC) have received a consensus recommendation of “Hold” from the seven analysts that are presently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $101.75.

Several analysts recently commented on the company. Robert W. Baird dropped their price objective on Toro from $105.00 to $100.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Weiss Ratings downgraded Toro from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, July 16th.

Toro Stock Up 2.4%

Shares of NYSE:TTC opened at $93.78 on Friday. Toro has a 52 week low of $67.64 and a 52 week high of $105.18. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.56. The company has a market capitalization of $8.93 billion, a PE ratio of 27.02 and a beta of 0.68. The company has a 50 day moving average price of $92.59 and a two-hundred day moving average price of $93.79.

Toro (NYSE:TTC) last posted its earnings results on Thursday, June 4th. The company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.10. Toro had a net margin of 7.29% and a return on equity of 31.13%. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the business posted $1.42 earnings per share. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.500-4.620 EPS. Analysts forecast that Toro will post 4.6 earnings per share for the current year.

Toro Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Tuesday, June 16th were paid a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $1.56 dividend on an annualized basis and a yield of 1.7%. Toro’s payout ratio is presently 44.96%.

Insider Activity at Toro

In other Toro news, Director Gary Lee Ellis sold 4,951 shares of the company’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $91.91, for a total transaction of $455,046.41. Following the completion of the transaction, the director owned 35,297 shares of the company’s stock, valued at $3,244,147.27. This represents a 12.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Edric C. Funk sold 527 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $97.97, for a total transaction of $51,630.19. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 12,934 shares of company stock valued at $1,204,933. 1.88% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TTC. GAMMA Investing LLC lifted its stake in Toro by 8.4% in the second quarter. GAMMA Investing LLC now owns 4,550 shares of the company’s stock valued at $443,000 after acquiring an additional 351 shares during the last quarter. Versant Capital Management Inc raised its stake in Toro by 57.1% in the second quarter. Versant Capital Management Inc now owns 2,935 shares of the company’s stock valued at $286,000 after buying an additional 1,067 shares during the period. Essential Partners LLC raised its stake in Toro by 2.3% in the first quarter. Essential Partners LLC now owns 10,519 shares of the company’s stock valued at $983,000 after buying an additional 233 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Toro by 20.8% in the first quarter. EverSource Wealth Advisors LLC now owns 5,472 shares of the company’s stock valued at $511,000 after buying an additional 942 shares during the last quarter. Finally, Hillsdale Investment Management Inc. lifted its position in shares of Toro by 4.0% in the first quarter. Hillsdale Investment Management Inc. now owns 57,830 shares of the company’s stock valued at $5,404,000 after buying an additional 2,200 shares during the last quarter. 87.95% of the stock is owned by institutional investors and hedge funds.

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.