Toro (NYSE:TTC) Price Target Raised to $117.00

Toro (NYSE:TTC) had its price objective raised by DA Davidson from $97.00 to $117.00 in a research report report published on Monday morning,Benzinga reports. The firm currently has a buy rating on the stock.

Several other analysts also recently weighed in on the company. Zacks Research raised Toro from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 20th. Robert W. Baird raised their price target on Toro from $100.00 to $105.00 and gave the stock a “neutral” rating in a research note on Friday, March 6th. Raymond James Financial lowered Toro from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen upgraded Toro from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Toro presently has an average rating of “Hold” and a consensus price target of $100.40.

Toro Price Performance

Shares of NYSE:TTC opened at $97.05 on Monday. The company’s fifty day moving average price is $93.96 and its 200 day moving average price is $81.98. Toro has a 12 month low of $62.34 and a 12 month high of $105.18. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.69 and a quick ratio of 0.73. The firm has a market capitalization of $9.41 billion, a P/E ratio of 29.06 and a beta of 0.80.

Toro (NYSE:TTC) last released its quarterly earnings data 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. The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1 billion. Toro had a net margin of 7.28% and a return on equity of 29.60%. Toro’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.65 earnings per share. Toro has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, sell-side analysts predict that Toro will post 4.41 earnings per share for the current fiscal year.

Institutional Trading of Toro

A number of hedge funds have recently added to or reduced their stakes in TTC. Goldman Sachs Group Inc. raised its stake 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 purchasing an additional 124,373 shares during the last quarter. Van ECK Associates Corp increased its stake in 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 buying an additional 10,835 shares during the period. Russell Investments Group Ltd. raised its position in Toro by 0.3% during the 4th quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company’s stock worth $9,889,000 after buying an additional 410 shares during the last quarter. Campbell & CO Investment Adviser LLC lifted its stake 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 acquiring an additional 52,457 shares during the period. Finally, Hillsdale Investment Management Inc. boosted its holdings in shares of Toro by 379.6% in the fourth quarter. Hillsdale Investment Management Inc. now owns 55,630 shares of the company’s stock valued at $4,379,000 after acquiring an additional 44,030 shares in the last quarter. 87.95% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Toro

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Northland raised FY2026 and FY2027 EPS forecasts (FY2026 to $4.45 from $4.35; FY2027 to $4.79) and materially increased a longer‑range FY2029 forecast (to $5.54). Upward revisions to multi‑year earnings support a higher valuation multiple. MarketBeat: Toro analyst actions
• Positive Sentiment: Northland incrementally raised near‑term quarterly estimates including Q2 2026 to $1.52 (up from $1.50) and issued Q2/Q3 2027 and Q1 2027 forecasts — modestly stronger near‑term guidance could support upcoming quarterly results. MarketBeat: Toro analyst actions
• Positive Sentiment: Product/service expansion: Toro expanded its Intelli360 platform with integrated parts ordering — a revenue‑accretive service and a recurring aftermarket opportunity that can improve margins and customer stickiness. ForConstructionPros: Intelli360 expansion
• Neutral Sentiment: Independent analyst commentary: a DA Davidson note flagged upside for TTC shares, which can influence sentiment but is not new company guidance. AmericanBankingNews: DA Davidson note
• Neutral Sentiment: Northland published a broad set of forward estimates (Q1–Q4 2027, FY2028, FY2030) that update the multi‑year growth story; these give investors refreshed modeling checkpoints but include mixed small changes. MarketBeat: Toro analyst actions
• Negative Sentiment: Northland slightly cut its Q3 2026 EPS view to $1.17 from $1.19 — a minor downside revision that could temper near‑term expectations. MarketBeat: Toro analyst actions
• Negative Sentiment: Northland trimmed a distant FY2030 forecast marginally (to $5.74 from $5.81), signaling some uncertainty around longer‑term cadence. Small downward tweaks can prompt profit‑taking after prior gains. MarketBeat: Toro analyst actions

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.