Toro (NYSE:TTC) Updates FY 2026 Earnings Guidance

Toro (NYSE:TTC) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 4.600-4.650 for the period, compared to the consensus estimate of 4.610. The company issued revenue guidance of $4.8 billion-$4.8 billion, compared to the consensus revenue estimate of $4.8 billion.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on TTC shares. Robert W. Baird reduced their price objective on Toro from $105.00 to $100.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Weiss Ratings upgraded Toro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 4th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $102.33.

Toro Trading Down 6.4%

Shares of Toro stock traded down $6.33 during trading on Thursday, reaching $92.82. 1,937,175 shares of the company were exchanged, compared to its average volume of 828,375. The company has a quick ratio of 0.74, a current ratio of 1.56 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $8.84 billion, a price-to-earnings ratio of 26.75 and a beta of 0.70. The business has a 50-day moving average price of $96.28 and a 200-day moving average price of $94.99. Toro has a twelve month low of $67.64 and a twelve month high of $105.18.

Toro (NYSE:TTC) last issued its quarterly earnings data on Thursday, September 3rd. The company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.02. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Toro had a net margin of 7.29% and a return on equity of 31.13%. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.24 earnings per share. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. Sell-side analysts anticipate that Toro will post 4.6 EPS for the current fiscal year.

Insider Activity at Toro

In related news, COO Edric C. Funk sold 527 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $97.97, for a total value of $51,630.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Kurt Svendsen sold 6,600 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $93.09, for a total transaction of $614,394.00. Following the sale, the vice president owned 12,166 shares in the company, valued at $1,132,532.94. This trade represents a 35.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 12,934 shares of company stock worth $1,204,933 in the last quarter. Corporate insiders own 1.88% of the company’s stock.

Trending Headlines about Toro

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Fiscal Q3 adjusted earnings were $1.33 per share, above the $1.30–$1.31 analyst consensus and up from $1.24 a year earlier. Revenue rose 8.4% year over year to $1.23 billion, exceeding expectations of approximately $1.19 billion. Toro Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Toro raised its fiscal 2026 outlook: expected sales growth is now 6.3%–6.6%, versus 4.0%–6.5% previously, while adjusted EPS guidance increased to $4.60–$4.65 from $4.50–$4.62. The Professional and Residential segments both posted sales growth of more than 8%. Toro Q3 Sales Rise and Raises 2026 Outlook
• Positive Sentiment: Operating earnings increased to $115.2 million from $64.8 million, gross margin improved to 34.1% from 33.7%, and the company returned $110 million to shareholders during the quarter. Toro Reports Higher Earnings and Raises Outlook
• Neutral Sentiment: The midpoint of the new EPS outlook is only modestly above the $4.61 FactSet estimate, which may have limited the positive market reaction despite the quarterly beat. Toro Fiscal 2026 EPS Outlook
• Negative Sentiment: Recent insider activity has been heavily weighted toward selling, including substantial sales by executives, which could weigh on sentiment. Institutional positioning was also mixed, with major holders both adding and reducing shares. Toro Insider and Institutional Activity

Institutional Investors Weigh In On Toro

A number of hedge funds and other institutional investors have recently made changes to their positions in TTC. Danske Bank A S bought a new stake in Toro in the 3rd quarter valued at $46,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of Toro in the 3rd quarter valued at about $119,000. Caxton Associates LLP bought a new stake in shares of Toro in the first quarter valued at about $285,000. Integrated Wealth Concepts LLC boosted its position in shares of Toro by 10.6% during the first quarter. Integrated Wealth Concepts LLC now owns 6,136 shares of the company’s stock worth $446,000 after buying an additional 586 shares during the period. Finally, Focus Partners Wealth boosted its position in shares of Toro by 191.5% during the first quarter. Focus Partners Wealth now owns 7,586 shares of the company’s stock worth $552,000 after buying an additional 4,984 shares during the period. 87.95% of the stock is currently owned by institutional investors and hedge funds.

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.