Toro Company (The) $TTC Shares Bought by ProShare Advisors LLC

ProShare Advisors LLC grew its holdings in Toro Company (The) (NYSE:TTC) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 288,903 shares of the company’s stock after purchasing an additional 7,299 shares during the quarter. ProShare Advisors LLC owned about 0.31% of Toro worth $27,856,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in TTC. Baird Financial Group Inc. increased its stake in shares of Toro by 4,227.0% in the second quarter. Baird Financial Group Inc. now owns 175,893 shares of the company’s stock valued at $17,135,000 after buying an additional 171,828 shares in the last quarter. Corient Private Wealth LP lifted its position in Toro by 1,063.5% during the 2nd quarter. Corient Private Wealth LP now owns 187,982 shares of the company’s stock worth $18,314,000 after buying an additional 171,826 shares in the last quarter. CX Institutional acquired a new position in Toro during the 3rd quarter worth about $6,647,000. Engineers Gate Manager LP lifted its position in Toro by 73.9% during the 2nd quarter. Engineers Gate Manager LP now owns 75,330 shares of the company’s stock worth $7,339,000 after buying an additional 32,003 shares in the last quarter. Finally, Hsbc Holdings PLC grew its holdings in Toro by 160.8% during the 2nd quarter. Hsbc Holdings PLC now owns 41,067 shares of the company’s stock worth $3,976,000 after acquiring an additional 25,318 shares during the last quarter. Institutional investors own 87.95% of the company’s stock.

Toro Stock Down 0.2%

Shares of NYSE:TTC opened at $107.72 on Monday. Toro Company has a one year low of $67.64 and a one year high of $108.82. The company has a 50 day moving average of $98.24 and a 200-day moving average of $95.41. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.58 and a quick ratio of 0.74. The stock has a market cap of $10.20 billion, a price-to-earnings ratio of 28.80, a P/E/G ratio of 2.33 and a beta of 0.66.

Toro (NYSE:TTC) last announced its quarterly earnings data on Thursday, September 3rd. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.02. Toro had a net margin of 7.64% and a return on equity of 31.86%. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period in the prior year, the business posted $1.24 earnings per share. Toro’s revenue was up 8.4% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. On average, sell-side analysts forecast that Toro Company will post 4.64 earnings per share for the current year.

Toro Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were given a dividend of $0.39 per share. The ex-dividend date was Tuesday, October 6th. This represents a $1.56 annualized dividend and a dividend yield of 1.4%. Toro’s payout ratio is presently 41.71%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TTC. Weiss Ratings upgraded shares of Toro from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. Oppenheimer assumed coverage on shares of Toro in a research note on Wednesday, September 23rd. They set an “outperform” rating and a $120.00 price target on the stock. Wall Street Zen cut shares of Toro from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 4th. Finally, DA Davidson lowered their price target on shares of Toro from $117.00 to $115.00 and set a “buy” rating for the company in a report on Friday, September 4th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $111.67.

Toro Company Profile

The Toro Company (NYSE:TTC) designs, manufactures and markets equipment and solutions for maintaining outdoor environments. Its products serve professional and residential customers in areas such as turf care, landscaping, irrigation, snow and ice management, and outdoor construction.

The company’s portfolio includes zero-turn and riding mowers, walk-behind mowers, utility vehicles, turf maintenance equipment, landscape and irrigation systems, snowplows and snow removal equipment, and compact utility and underground construction machinery.