Toro (NYSE:TTC) Issues FY 2026 Earnings Guidance

Toro (NYSE:TTC) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 4.500-4.620 for the period, compared to the consensus EPS estimate of 4.540. The company issued revenue guidance of $4.8 billion-$5.1 billion, compared to the consensus revenue estimate of $4.7 billion.

Analyst Ratings Changes

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

Toro Trading Down 2.0%

Toro stock opened at $87.08 on Friday. The business has a 50-day simple moving average of $92.94 and a two-hundred day simple moving average of $88.94. The company has a market cap of $8.44 billion, a P/E ratio of 25.10 and a beta of 0.70. Toro has a 52-week low of $67.04 and a 52-week high of $105.18. The company has a quick ratio of 0.73, a current ratio of 1.56 and a debt-to-equity ratio of 0.74.

Toro (NYSE:TTC) last released its quarterly earnings results on Thursday, June 4th. The company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.39 billion. Toro had a return on equity of 31.13% and a net margin of 7.29%.The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.42 EPS. Toro has set its FY 2026 guidance at 4.500-4.620 EPS. Analysts predict that Toro will post 4.55 EPS for the current year.

Toro Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, June 16th. Toro’s payout ratio is presently 46.71%.

Insider Transactions at Toro

In other news, Director James Calvin O’rourke sold 4,951 shares of Toro stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $99.40, for a total transaction of $492,129.40. Following the transaction, the director directly owned 2,704 shares of the company’s stock, valued at $268,777.60. The trade was a 64.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Richard M. Olson sold 119,400 shares of Toro stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $100.15, for a total value of $11,957,910.00. Following the transaction, the chief executive officer directly owned 38,186 shares in the company, valued at approximately $3,824,327.90. The trade was a 75.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.88% of the stock is owned by insiders.

Toro News Roundup

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Toro beat Q2 expectations, reporting EPS of $1.60 versus $1.50 expected and revenue of $1.42 billion versus $1.39 billion expected, with revenue up 8.1% year over year. Toro (TTC) Q2 2026 Earnings Transcript
• Positive Sentiment: The company raised FY2026 guidance, signaling continued demand and management confidence after a margin improvement breakthrough. Toro Company Lifts Outlook After Margin Breakthrough
• Positive Sentiment: Management framed the results as benefiting from strong revenue growth and improving profitability, which could support longer-term earnings estimates. The Toro Co (TTC) Q2 2026 Earnings Call Highlights
• Neutral Sentiment: Robert W. Baird lowered its price target on Toro to $100 from $105 while keeping a neutral rating, suggesting the stock may be fairly valued after the post-earnings move. Tickerreport.com
• Neutral Sentiment: The company also declared a quarterly dividend of $0.39 per share, reinforcing cash-return discipline but not likely to be the main driver of the shares. The Toro Company Gears Up For Q2 Print

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TTC. Danske Bank A S purchased a new position in Toro in the 3rd quarter worth approximately $46,000. Harvest Fund Management Co. Ltd purchased a new position in Toro in the 3rd quarter worth approximately $119,000. Caxton Associates LLP purchased a new position in Toro in the 1st quarter worth approximately $285,000. Integrated Wealth Concepts LLC lifted its holdings in Toro by 10.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,136 shares of the company’s stock worth $446,000 after purchasing an additional 586 shares in the last quarter. Finally, Focus Partners Wealth lifted its holdings in Toro by 191.5% in the 1st quarter. Focus Partners Wealth now owns 7,586 shares of the company’s stock worth $552,000 after purchasing an additional 4,984 shares in the last quarter. 87.95% of the stock is owned by hedge funds and other 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.