Northland Securities Estimates Toro’s Q2 Earnings (NYSE:TTC)

Toro Company (The) (NYSE:TTC) – Equities research analysts at Northland Securities increased their Q2 2026 earnings estimates for Toro in a research report issued to clients and investors on Monday, March 9th. Northland Securities analyst E. Jackson now anticipates that the company will earn $1.52 per share for the quarter, up from their previous forecast of $1.50. The consensus estimate for Toro’s current full-year earnings is $4.41 per share. Northland Securities also issued estimates for Toro’s FY2026 earnings at $4.45 EPS, Q1 2027 earnings at $0.95 EPS, Q2 2027 earnings at $1.52 EPS, Q3 2027 earnings at $1.23 EPS, FY2027 earnings at $4.79 EPS and FY2029 earnings at $5.54 EPS.

Other equities research analysts also recently issued reports about the company. Zacks Research upgraded Toro from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 20th. Wall Street Zen upgraded Toro from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. DA Davidson upped their price objective on Toro from $97.00 to $117.00 and gave the company a “buy” rating in a report on Monday. Raymond James Financial cut Toro from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. Finally, Robert W. Baird lifted their target price on Toro from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $100.40.

Toro Trading Down 1.9%

Toro stock opened at $97.05 on Wednesday. Toro has a 12-month low of $62.34 and a 12-month high of $105.18. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.69 and a quick ratio of 0.73. The stock has a market capitalization of $9.41 billion, a PE ratio of 29.06 and a beta of 0.80. The firm has a 50 day simple moving average of $93.96 and a 200-day simple moving average of $81.98.

Toro (NYSE:TTC) last released its earnings results on Thursday, March 5th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.65 by $0.09. Toro had a net margin of 7.28% and a return on equity of 29.60%. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter last 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.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TTC. Davis Capital Management bought a new stake in shares of Toro during the 3rd quarter worth $42,000. Danske Bank A S acquired a new position in shares of Toro in the 3rd quarter worth $46,000. MTM Investment Management LLC acquired a new stake in shares of Toro during the second quarter worth $85,000. Quent Capital LLC purchased a new stake in shares of Toro during the third quarter valued at $97,000. Finally, Harvest Fund Management Co. Ltd acquired a new position in shares of Toro in the 3rd quarter valued at $119,000. Institutional investors own 87.95% of the company’s stock.

Key Toro News

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Northland raised FY2026 and FY2027 EPS forecasts (FY2026 to $4.45 from $4.35; FY2027 to $4.79) and materially increased a longer‑range FY2029 forecast (to $5.54). Upward revisions to multi‑year earnings support a higher valuation multiple. MarketBeat: Toro analyst actions
• Positive Sentiment: Northland incrementally raised near‑term quarterly estimates including Q2 2026 to $1.52 (up from $1.50) and issued Q2/Q3 2027 and Q1 2027 forecasts — modestly stronger near‑term guidance could support upcoming quarterly results. MarketBeat: Toro analyst actions
• Positive Sentiment: Product/service expansion: Toro expanded its Intelli360 platform with integrated parts ordering — a revenue‑accretive service and a recurring aftermarket opportunity that can improve margins and customer stickiness. ForConstructionPros: Intelli360 expansion
• Neutral Sentiment: Independent analyst commentary: a DA Davidson note flagged upside for TTC shares, which can influence sentiment but is not new company guidance. AmericanBankingNews: DA Davidson note
• Neutral Sentiment: Northland published a broad set of forward estimates (Q1–Q4 2027, FY2028, FY2030) that update the multi‑year growth story; these give investors refreshed modeling checkpoints but include mixed small changes. MarketBeat: Toro analyst actions
• Negative Sentiment: Northland slightly cut its Q3 2026 EPS view to $1.17 from $1.19 — a minor downside revision that could temper near‑term expectations. MarketBeat: Toro analyst actions
• Negative Sentiment: Northland trimmed a distant FY2030 forecast marginally (to $5.74 from $5.81), signaling some uncertainty around longer‑term cadence. Small downward tweaks can prompt profit‑taking after prior gains. MarketBeat: Toro analyst actions

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.