Q3 Earnings Forecast for Toro Issued By Northland Securities

Toro Company (The) (NYSE:TTC) – Investment analysts at Northland Securities lifted their Q3 2026 EPS estimates for Toro in a research note issued to investors on Friday, June 5th. Northland Securities analyst T. Jackson now expects that the company will post earnings of $1.29 per share for the quarter, up from their previous estimate of $1.17. The consensus estimate for Toro’s current full-year earnings is $4.58 per share. Northland Securities also issued estimates for Toro’s FY2030 earnings at $6.00 EPS.

Toro (NYSE:TTC) last announced its quarterly earnings results on Thursday, June 4th. The company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.10. Toro had a net margin of 7.29% and a return on equity of 31.13%. The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the previous year, the company posted $1.42 earnings per share. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.500-4.620 EPS.

Several other equities analysts also recently issued reports on the stock. DA Davidson boosted their price target on shares of Toro from $97.00 to $117.00 and gave the company a “buy” rating in a report on Monday, March 9th. Robert W. Baird reduced their price target on shares of Toro from $105.00 to $100.00 and set a “neutral” rating for the company in a report on Friday. Raymond James Financial downgraded shares of Toro from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 18th. Wall Street Zen raised shares of Toro from a “buy” rating to a “strong-buy” rating in a report on Sunday, March 15th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toro in a report on Friday, April 17th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Toro presently has an average rating of “Hold” and an average target price of $101.75.

Toro Stock Performance

Shares of TTC opened at $89.94 on Tuesday. Toro has a 1 year low of $67.04 and a 1 year high of $105.18. The company has a market cap of $8.56 billion, a price-to-earnings ratio of 25.92 and a beta of 0.70. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.74 and a current ratio of 1.56. The firm has a fifty day moving average of $92.86 and a 200-day moving average of $89.22.

Toro Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Tuesday, June 16th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $1.56 annualized dividend and a yield of 1.7%. Toro’s dividend payout ratio is presently 44.96%.

Institutional Investors Weigh In On Toro

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. raised 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 worth $33,237,000 after acquiring an additional 124,373 shares in the last quarter. Van ECK Associates Corp raised its position in 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 acquiring an additional 10,835 shares in the last quarter. Russell Investments Group Ltd. raised its position in 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 acquiring an additional 410 shares in the last quarter. SG Americas Securities LLC raised its position in Toro by 416.7% in the first 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 in the last quarter. Finally, Campbell & CO Investment Adviser LLC raised its position in Toro by 425.6% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 64,783 shares of the company’s stock worth $5,100,000 after acquiring an additional 52,457 shares in the last quarter. 87.95% of the stock is currently owned by institutional investors.

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.