Key Points
- CEO Richard Olson sold 119,400 Toro shares on March 10 at an average of $100.15 for roughly $11.96 million, reducing his holding by 75.77% to 38,186 shares; the transaction was disclosed in an SEC filing.
- Toro beat the quarter with $0.74 EPS (vs. $0.65 est.) and $1.04B revenue (vs. $1.00B est.) and issued FY2026 guidance of 4.40–4.60 EPS; the stock trades near $95 with an average analyst rating of "Hold" and a $100.40 price target.
Toro Company (The) (NYSE:TTC - Get Free Report) Director James Calvin O'rourke sold 4,951 shares of the business's stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $99.40, for a total transaction of $492,129.40. Following the completion of the sale, the director owned 2,704 shares of the company's stock, valued at $268,777.60. The trade was a 64.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Toro Stock Performance
TTC traded up $0.28 during trading on Friday, hitting $95.28. The stock had a trading volume of 355,277 shares, compared to its average volume of 959,453. The firm has a market cap of $9.24 billion, a PE ratio of 28.52 and a beta of 0.80. The company has a current ratio of 1.69, a quick ratio of 0.73 and a debt-to-equity ratio of 0.75. Toro Company has a 12 month low of $62.34 and a 12 month high of $105.18. The company has a 50 day simple moving average of $94.28 and a 200-day simple moving average of $82.07.
Toro (NYSE:TTC - Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.09. Toro had a return on equity of 29.60% and a net margin of 7.28%.The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period last year, the business posted $0.65 earnings per share. The firm's revenue was up 4.2% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.400-4.600 EPS. Analysts expect that Toro Company will post 4.41 EPS for the current year.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the stock. DA Davidson raised their price objective on shares of Toro from $97.00 to $117.00 and gave the stock a "buy" rating in a research note on Monday. Raymond James Financial lowered shares of Toro from an "outperform" rating to a "market perform" rating in a research report on Wednesday, February 18th. Robert W. Baird lifted their target price on Toro from $100.00 to $105.00 and gave the stock a "neutral" rating in a research report on Friday, March 6th. Wall Street Zen upgraded Toro from a "hold" rating to a "buy" rating in a research note on Saturday, March 7th. Finally, Zacks Research upgraded Toro from a "strong sell" rating to a "hold" rating in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Toro currently has a consensus rating of "Hold" and an average target price of $100.40.
Check Out Our Latest Stock Analysis on TTC
Hedge Funds Weigh In On Toro
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its position in Toro by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company's stock valued at $33,237,000 after acquiring an additional 124,373 shares during the period. Van ECK Associates Corp boosted its stake in shares of Toro by 4.4% in the 4th quarter. Van ECK Associates Corp now owns 258,444 shares of the company's stock valued at $20,345,000 after purchasing an additional 10,835 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Toro by 0.3% in the 4th 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 last quarter. Campbell & CO Investment Adviser LLC grew its holdings in shares of Toro by 425.6% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 64,783 shares of the company's stock worth $5,100,000 after purchasing an additional 52,457 shares during the last quarter. Finally, Hillsdale Investment Management Inc. increased its position 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. Institutional investors own 87.95% of the company's stock.
About Toro
(
Get Free Report)
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.
Further Reading
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