Wall Street Zen upgraded shares of Toro (NYSE:TTC – Free Report) from a hold rating to a buy rating in a report issued on Saturday morning.
A number of other brokerages have also recently commented on TTC. Robert W. Baird upped their price target on shares of Toro from $100.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday. Zacks Research upgraded shares of Toro from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 20th. Finally, Raymond James Financial downgraded Toro from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $96.40.
Toro Trading Up 0.5%
Toro (NYSE:TTC – Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.65 by $0.09. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1 billion. Toro had a net margin of 7.28% and a return on equity of 29.46%. The company’s revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. Toro has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, research analysts forecast that Toro will post 4.41 EPS for the current year.
Toro Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Investors of record on Monday, December 22nd were paid a dividend of $0.39 per share. This is an increase from Toro’s previous quarterly dividend of $0.38. This represents a $1.56 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, December 22nd. Toro’s dividend payout ratio is presently 49.21%.
Institutional Trading of Toro
Institutional investors and hedge funds have recently bought and sold shares of the company. Birchwood Financial Partners Inc. bought a new position in Toro in the 4th quarter valued at $215,000. Jump Financial LLC purchased a new position in shares of Toro during the 4th quarter valued at $756,000. Russell Investments Group Ltd. increased its holdings in shares of Toro by 0.3% in the fourth quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company’s stock worth $9,889,000 after purchasing an additional 410 shares during the period. Entropy Technologies LP purchased a new stake in shares of Toro in the fourth quarter worth $1,664,000. Finally, Van ECK Associates Corp raised its position in shares of Toro by 4.4% in the fourth quarter. Van ECK Associates Corp now owns 258,444 shares of the company’s stock worth $20,345,000 after buying an additional 10,835 shares in the last quarter. 87.95% of the stock is currently owned by hedge funds and other institutional investors.
Key Toro News
Here are the key news stories impacting Toro this week:
- Positive Sentiment: Q1 results beat expectations — Toro reported $0.74 EPS vs. $0.65 expected and revenue of $1.04B vs. ~$1.0B; revenue rose ~4.2% year‑over‑year, and margins/ROE remain healthy. This stronger‑than‑expected quarter is the primary driver behind the stock strength. The Toro Co (TTC) Q1 2026 Earnings Call Highlights
- Neutral Sentiment: FY‑2026 guidance provided — Toro set EPS guidance of $4.40–$4.60 and revenue guidance of $4.6B–$4.8B (consensus ~ $4.50 EPS and $4.7B revenue). Guidance is essentially in line with expectations, which supports the beat but limits upside surprise potential. Press Release / Slide Deck
- Neutral Sentiment: Analyst action — Robert W. Baird raised its price target from $100 to $105 while maintaining a “neutral” rating, implying modest upside but no change to recommended stance; this is supportive but not a strong bullish signal. Baird Raises PT to $105
- Neutral Sentiment: Earnings materials available — The company released its earnings slide deck and call presentation, which provide more detail on segment performance and strategy for investors reviewing forward drivers and margin assumptions. Q1 Results — Earnings Call Presentation
- Negative Sentiment: Unusual options activity — Large spike in put buying (1,176 puts, ~1,709% above average) signals some investors hedging or betting on downside short‑term volatility; this raises a short‑term risk indicator despite the earnings beat.
About Toro
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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