Toro Company (The) (NYSE:TTC) Given Average Rating of “Hold” by Analysts

Toro Company (The) (NYSE:TTC) has been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $92.20.

Several research analysts have recently weighed in on TTC shares. Weiss Ratings restated a “hold (c-)” rating on shares of Toro in a research note on Wednesday, October 8th. Robert W. Baird set a $84.00 price objective on shares of Toro in a research note on Tuesday, December 16th. Wall Street Zen raised Toro from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Finally, Zacks Research raised shares of Toro from a “strong sell” rating to a “hold” rating in a research note on Tuesday.

Institutional Investors Weigh In On Toro

Several large investors have recently modified their holdings of the company. Davis Capital Management purchased a new stake in shares of Toro in the third quarter valued at about $42,000. Danske Bank A S purchased a new position in shares of Toro in the third quarter valued at $46,000. MTM Investment Management LLC purchased a new stake in shares of Toro in the second quarter worth about $85,000. Quent Capital LLC bought a new position in Toro in the 3rd quarter valued at $97,000. Finally, Harvest Fund Management Co. Ltd purchased a new position in Toro during the third quarter worth about $119,000. 87.95% of the stock is currently owned by institutional investors and hedge funds.

Toro Stock Down 0.8%

NYSE:TTC opened at $89.75 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.86 and a current ratio of 1.87. Toro has a 52-week low of $62.34 and a 52-week high of $90.56. The company has a market cap of $8.79 billion, a price-to-earnings ratio of 28.31 and a beta of 0.82. The stock’s fifty day moving average price is $78.10 and its two-hundred day moving average price is $76.74.

Toro (NYSE:TTC) last announced its quarterly earnings data on Wednesday, December 17th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.05. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.05 billion. Toro had a net margin of 7.01% and a return on equity of 28.90%. The business’s revenue for the quarter was down .9% on a year-over-year basis. During the same period last year, the firm earned $0.95 earnings per share. Toro has set its FY 2026 guidance at 4.350-4.50 EPS. On average, analysts anticipate that Toro will post 4.41 EPS for the current year.

Toro Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 12th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 1.7%. This is an increase from Toro’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, December 22nd. Toro’s dividend payout ratio (DPR) is presently 49.21%.

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.