Toro Company (The) $TTC Shares Bought by Syon Capital LLC

Syon Capital LLC lifted its stake in shares of Toro Company (The) (NYSE:TTC) by 104.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,328 shares of the company’s stock after acquiring an additional 7,838 shares during the quarter. Syon Capital LLC’s holdings in Toro were worth $1,168,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Integrated Wealth Concepts LLC raised its position 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 purchasing an additional 586 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Toro by 37.4% during the first quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company’s stock worth $33,237,000 after buying an additional 124,373 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of Toro during the first quarter worth approximately $285,000. Empowered Funds LLC raised its holdings in Toro by 9.8% in the first quarter. Empowered Funds LLC now owns 38,840 shares of the company’s stock valued at $2,826,000 after acquiring an additional 3,464 shares in the last quarter. Finally, Focus Partners Wealth lifted its stake in Toro by 191.5% in the first quarter. Focus Partners Wealth now owns 7,586 shares of the company’s stock worth $552,000 after acquiring an additional 4,984 shares during the last quarter. 87.95% of the stock is currently owned by hedge funds and other institutional investors.

Toro Price Performance

Toro stock opened at $100.09 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.87 and a quick ratio of 0.86. The business has a 50 day simple moving average of $87.83 and a 200-day simple moving average of $79.62. Toro Company has a 12 month low of $62.34 and a 12 month high of $101.08. The stock has a market capitalization of $9.80 billion, a PE ratio of 31.57 and a beta of 0.82.

Toro (NYSE:TTC) last issued its quarterly earnings results on Wednesday, December 17th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.05. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.05 billion. Toro had a net margin of 7.01% and a return on equity of 28.90%. The business’s revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.95 earnings per share. Toro has set its FY 2026 guidance at 4.350-4.50 EPS. Equities analysts predict 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. Shareholders of record on Monday, December 22nd were given a $0.39 dividend. The ex-dividend date was Monday, December 22nd. This is a positive change from Toro’s previous quarterly dividend of $0.38. This represents a $1.56 annualized dividend and a yield of 1.6%. Toro’s dividend payout ratio (DPR) is currently 49.21%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on TTC shares. Wall Street Zen upgraded shares of Toro from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Raymond James Financial downgraded Toro from an “outperform” rating to a “market perform” rating in a report on Wednesday. Zacks Research upgraded Toro from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 20th. Finally, Robert W. Baird set a $84.00 target price on Toro in a research note on Tuesday, December 16th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price 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.