Northland Securities Increases Earnings Estimates for Toro

Toro Company (The) (NYSE:TTC) – Stock analysts at Northland Securities upped their FY2026 earnings per share (EPS) estimates for Toro in a report issued on Friday, September 4th. Northland Securities analyst T. Jackson now expects that the company will earn $4.62 per share for the year, up from their previous forecast of $4.59. The consensus estimate for Toro’s current full-year earnings is $4.63 per share. Northland Securities also issued estimates for Toro’s Q2 2027 earnings at $1.56 EPS, Q3 2027 earnings at $1.26 EPS and FY2027 earnings at $4.89 EPS.

Toro (NYSE:TTC) last released its quarterly earnings results on Thursday, September 3rd. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.02. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. Toro had a net margin of 7.64% and a return on equity of 31.86%. The firm’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.24 EPS. Toro has set its FY 2026 guidance at 4.600-4.650 EPS.

TTC has been the topic of a number of other reports. Robert W. Baird reduced their price objective on shares of Toro from $105.00 to $100.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. DA Davidson reduced their price objective on Toro from $117.00 to $115.00 and set a “buy” rating for the company in a research report on Friday, September 4th. Wall Street Zen cut shares of Toro from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Weiss Ratings raised Toro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Toro presently has a consensus rating of “Hold” and a consensus target price of $107.50.

Toro Price Performance

Shares of NYSE TTC opened at $94.84 on Monday. The firm has a market cap of $8.98 billion, a PE ratio of 25.36 and a beta of 0.70. The company has a quick ratio of 0.74, a current ratio of 1.58 and a debt-to-equity ratio of 0.72. The business has a 50 day moving average price of $96.08 and a two-hundred day moving average price of $94.87. Toro has a fifty-two week low of $67.64 and a fifty-two week high of $105.18.

Insider Buying and Selling

In other news, COO Edric Funk sold 527 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $97.97, for a total transaction of $51,630.19. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Kurt D. Svendsen sold 6,600 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $93.09, for a total transaction of $614,394.00. Following the sale, the vice president directly owned 12,166 shares in the company, valued at approximately $1,132,532.94. This trade represents a 35.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 7,983 shares of company stock worth $749,887 in the last 90 days. 1.88% of the stock is owned by company insiders.

Institutional Trading of Toro

Several hedge funds and other institutional investors have recently modified their holdings of the company. Hillsdale Investment Management Inc. raised its stake in shares of Toro by 379.6% during the 4th quarter. Hillsdale Investment Management Inc. now owns 55,630 shares of the company’s stock worth $4,379,000 after purchasing an additional 44,030 shares in the last quarter. LSV Asset Management bought a new position in shares of Toro in the fourth quarter valued at approximately $1,078,000. SG Americas Securities LLC lifted its position in Toro by 416.7% during the 1st quarter. SG Americas Securities LLC now owns 68,455 shares of the company’s stock worth $6,396,000 after acquiring an additional 55,206 shares during the last quarter. Entropy Technologies LP acquired a new position in shares of Toro during the 4th quarter worth about $1,664,000. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Toro by 22.0% during the second quarter. Benjamin Edwards Inc. now owns 74,419 shares of the company’s stock worth $7,250,000 after buying an additional 13,433 shares during the last quarter. 87.95% of the stock is currently owned by hedge funds and other institutional investors.

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.