Q1 Earnings Estimate for Toro Issued By Northland Securities

Toro Company (The) (NYSE:TTC) – Analysts at Northland Securities decreased their Q1 2027 earnings per share estimates for shares of Toro in a research report issued on Friday, September 4th. Northland Securities analyst T. Jackson now expects that the company will earn $0.98 per share for the quarter, down from their previous forecast of $0.99. The consensus estimate for Toro’s current full-year earnings is $4.63 per share. Northland Securities also issued estimates for Toro’s FY2028 earnings at $5.32 EPS, FY2029 earnings at $5.67 EPS and FY2030 earnings at $5.88 EPS.

Toro (NYSE:TTC) last posted its quarterly earnings results 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 company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. Toro had a return on equity of 31.86% and a net margin of 7.64%.Toro’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.24 EPS. Toro has set its FY 2026 guidance at 4.600-4.650 EPS.

A number of other brokerages also recently issued reports on TTC. Wall Street Zen downgraded shares of Toro from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Weiss Ratings raised shares of Toro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 4th. DA Davidson reduced their price objective on shares of Toro from $117.00 to $115.00 and set a “buy” rating on the stock in a report on Friday, September 4th. Finally, Robert W. Baird decreased their price objective on shares of Toro from $105.00 to $100.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Toro currently has a consensus rating of “Hold” and a consensus target price of $107.50.

Toro Stock Up 1.6%

TTC stock opened at $94.84 on Wednesday. The company’s 50 day moving average price is $96.08 and its 200 day moving average price is $94.87. The firm has a market capitalization of $8.98 billion, a price-to-earnings ratio of 25.36 and a beta of 0.70. Toro has a fifty-two week low of $67.64 and a fifty-two week high of $105.18. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.74 and a current ratio of 1.58.

Institutional Trading of Toro

Several institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System lifted its position in shares of Toro by 9,394.1% during the 2nd quarter. California State Teachers Retirement System now owns 10,923,412 shares of the company’s stock worth $1,064,159,000 after buying an additional 10,808,357 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Toro by 37.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company’s stock valued at $33,237,000 after buying an additional 124,373 shares during the last quarter. Van ECK Associates Corp grew its position 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 buying an additional 10,835 shares during the last quarter. Corient Private Wealth LP raised its stake in Toro by 1,063.5% during the 2nd quarter. Corient Private Wealth LP now owns 187,982 shares of the company’s stock worth $18,314,000 after acquiring an additional 171,826 shares in the last quarter. Finally, Baird Financial Group Inc. raised its stake in Toro by 4,227.0% during the 2nd quarter. Baird Financial Group Inc. now owns 175,893 shares of the company’s stock worth $17,135,000 after acquiring an additional 171,828 shares in the last quarter. Hedge funds and other institutional investors own 87.95% of the company’s stock.

Insider Activity

In other news, VP Kurt D. Svendsen sold 6,600 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $1,132,532.94. This trade represents a 35.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Edric 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 7,983 shares of company stock worth $749,887 in the last three months. Corporate insiders own 1.88% of the company’s stock.

Toro Company Profile

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.