Robert W. Baird Forecasts Strong Price Appreciation for Toro (NYSE:TTC) Stock

Toro (NYSE:TTC) had its target price increased by research analysts at Robert W. Baird from $100.00 to $105.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Robert W. Baird’s target price indicates a potential upside of 5.58% from the company’s previous close.

A number of other research analysts also recently issued reports on TTC. Raymond James Financial downgraded shares of Toro from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Wall Street Zen lowered Toro from a “buy” rating to a “hold” rating in a research note on Sunday, February 22nd. Finally, Zacks Research upgraded Toro from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 20th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $96.40.

Toro Trading Up 0.5%

Toro stock opened at $99.45 on Friday. The stock has a 50-day moving average price of $92.79 and a 200 day moving average price of $81.53. The company has a market capitalization of $9.74 billion, a price-to-earnings ratio of 29.78 and a beta of 0.80. Toro has a 52 week low of $62.34 and a 52 week high of $105.18. The company has a quick ratio of 0.86, a current ratio of 1.87 and a debt-to-equity ratio of 0.63.

Toro (NYSE:TTC) last issued its quarterly earnings results on Thursday, March 5th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.09. Toro had a net margin of 7.28% and a return on equity of 29.46%. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1 billion. During the same quarter in the prior year, the company earned $0.65 EPS. Toro’s quarterly revenue was up 4.2% on a year-over-year basis. Toro has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts anticipate that Toro will post 4.41 EPS for the current year.

Hedge Funds Weigh In On Toro

A number of large investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC grew its holdings in Toro by 10.6% in the first quarter. Integrated Wealth Concepts LLC now owns 6,136 shares of the company’s stock valued at $446,000 after purchasing an additional 586 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Toro by 37.4% during 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 in the last quarter. Caxton Associates LLP purchased a new position in shares of Toro during the 1st quarter valued at approximately $285,000. Empowered Funds LLC grew its stake in Toro by 9.8% in the 1st quarter. Empowered Funds LLC now owns 38,840 shares of the company’s stock valued at $2,826,000 after acquiring an additional 3,464 shares during the period. Finally, Focus Partners Wealth increased 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 acquiring an additional 4,984 shares in the last quarter. Institutional investors and hedge funds own 87.95% of the company’s stock.

Toro News Roundup

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Q1 results beat expectations — Toro reported $0.74 EPS vs. $0.65 expected and revenue of $1.04B vs. ~$1.0B; revenue rose ~4.2% year‑over‑year, and margins/ROE remain healthy. This stronger‑than‑expected quarter is the primary driver behind the stock strength. The Toro Co (TTC) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: FY‑2026 guidance provided — Toro set EPS guidance of $4.40–$4.60 and revenue guidance of $4.6B–$4.8B (consensus ~ $4.50 EPS and $4.7B revenue). Guidance is essentially in line with expectations, which supports the beat but limits upside surprise potential. Press Release / Slide Deck
• Neutral Sentiment: Analyst action — Robert W. Baird raised its price target from $100 to $105 while maintaining a “neutral” rating, implying modest upside but no change to recommended stance; this is supportive but not a strong bullish signal. Baird Raises PT to $105
• Neutral Sentiment: Earnings materials available — The company released its earnings slide deck and call presentation, which provide more detail on segment performance and strategy for investors reviewing forward drivers and margin assumptions. Q1 Results — Earnings Call Presentation
• Negative Sentiment: Unusual options activity — Large spike in put buying (1,176 puts, ~1,709% above average) signals some investors hedging or betting on downside short‑term volatility; this raises a short‑term risk indicator despite the earnings beat.

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.