Q3 Earnings Estimate for Toro Issued By Northland Securities

Toro Company (The) (NYSE:TTC) – Equities researchers at Northland Securities reduced their Q3 2026 EPS estimates for Toro in a research report issued on Monday, March 9th. Northland Securities analyst E. Jackson now expects that the company will post earnings of $1.17 per share for the quarter, down from their prior forecast of $1.19. The consensus estimate for Toro’s current full-year earnings is $4.41 per share. Northland Securities also issued estimates for Toro’s Q4 2027 earnings at $1.09 EPS, FY2028 earnings at $5.22 EPS and FY2030 earnings at $5.74 EPS.

Toro (NYSE:TTC) last announced its quarterly earnings data on Thursday, March 5th. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.09. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1 billion. Toro had a net margin of 7.28% and a return on equity of 29.60%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the firm earned $0.65 earnings per share. Toro has set its FY 2026 guidance at 4.400-4.600 EPS.

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

Toro Stock Performance

TTC stock opened at $98.90 on Tuesday. Toro has a twelve month low of $62.34 and a twelve month high of $105.18. The company has a quick ratio of 0.73, a current ratio of 1.69 and a debt-to-equity ratio of 0.75. The company has a market cap of $9.59 billion, a P/E ratio of 29.61 and a beta of 0.80. The business’s fifty day moving average is $93.59 and its 200-day moving average is $81.87.

Hedge Funds Weigh In On Toro

A number of large investors have recently added to or reduced their stakes in TTC. Integrated Wealth Concepts LLC boosted its position in Toro by 10.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,136 shares of the company’s stock worth $446,000 after acquiring an additional 586 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Toro by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company’s stock valued at $33,237,000 after purchasing an additional 124,373 shares during the last quarter. Caxton Associates LLP bought a new stake in shares of Toro in the first quarter worth $285,000. Empowered Funds LLC boosted its holdings in Toro by 9.8% during the first quarter. Empowered Funds LLC now owns 38,840 shares of the company’s stock worth $2,826,000 after purchasing an additional 3,464 shares during the last quarter. Finally, Focus Partners Wealth grew its position in Toro by 191.5% in the first quarter. Focus Partners Wealth now owns 7,586 shares of the company’s stock valued at $552,000 after purchasing an additional 4,984 shares in the last quarter. Institutional investors own 87.95% 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.