Toro (NYSE:TTC) Stock Rating Lowered by Wall Street Zen

Toro (NYSE:TTC) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Sunday.

A number of other research analysts have also recently commented on the stock. Zacks Research raised shares of Toro from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Toro in a research note on Wednesday, October 8th. Finally, Robert W. Baird set a $84.00 target price on shares of Toro in a research note on Tuesday, December 16th. Three investment analysts have 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 an average rating of “Hold” and an average price target of $92.20.

Toro Trading Down 0.8%

Shares of TTC stock opened at $89.75 on Friday. Toro has a fifty-two week low of $62.34 and a fifty-two week high of $90.56. The stock’s fifty day moving average price is $78.10 and its two-hundred day moving average price is $76.76. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.86 and a current ratio of 1.87. The company has a market cap of $8.79 billion, a PE ratio of 28.31 and a beta of 0.82.

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

Institutional Trading of Toro

Institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC lifted its holdings in Toro by 45.2% during the 4th quarter. Farther Finance Advisors LLC now owns 18,108 shares of the company’s stock worth $1,425,000 after buying an additional 5,634 shares during the period. Willis Investment Counsel raised its position in shares of Toro by 46.7% during the fourth quarter. Willis Investment Counsel now owns 25,896 shares of the company’s stock worth $2,039,000 after acquiring an additional 8,243 shares during the last quarter. Burns Matteson Capital Management LLC acquired a new position in shares of Toro in the fourth quarter worth approximately $579,000. GAMMA Investing LLC boosted its holdings in Toro by 10.2% in the fourth quarter. GAMMA Investing LLC now owns 3,476 shares of the company’s stock valued at $274,000 after acquiring an additional 321 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in Toro by 16.6% in the third quarter. Captrust Financial Advisors now owns 52,879 shares of the company’s stock valued at $4,029,000 after acquiring an additional 7,511 shares during the last quarter. 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.