Syon Capital LLC Grows Stock Position in Toro Company (The) $TTC

Syon Capital LLC grew its holdings in Toro Company (The) (NYSE:TTC) by 104.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,328 shares of the company’s stock after purchasing an additional 7,838 shares during the quarter. Syon Capital LLC’s holdings in Toro were worth $1,168,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TTC. Davis Capital Management acquired a new position in Toro in the 3rd quarter valued at $42,000. MTM Investment Management LLC acquired a new position in shares of Toro during the 2nd quarter valued at $85,000. Quent Capital LLC purchased a new stake in shares of Toro in the third quarter worth about $97,000. Fort Washington Investment Advisors Inc. OH purchased a new position in Toro in the 3rd quarter worth approximately $216,000. Finally, GAMMA Investing LLC grew its holdings in Toro by 8.1% during the 3rd quarter. GAMMA Investing LLC now owns 3,155 shares of the company’s stock valued at $240,000 after purchasing an additional 237 shares in the last quarter. Hedge funds and other institutional investors own 87.95% of the company’s stock.

Toro Stock Performance

Shares of TTC opened at $100.09 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.87 and a quick ratio of 0.86. The firm’s 50 day moving average is $87.83 and its 200-day moving average is $79.62. Toro Company has a 12-month low of $62.34 and a 12-month high of $101.08. The stock has a market capitalization of $9.80 billion, a P/E ratio of 31.57 and a beta of 0.82.

Toro (NYSE:TTC) last issued its earnings results on Wednesday, December 17th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.05. The firm had revenue of $1.07 billion during 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 firm’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period last year, the firm posted $0.95 earnings per share. Toro has set its FY 2026 guidance at 4.350-4.50 EPS. Equities research analysts anticipate that Toro Company will post 4.41 EPS for the current fiscal year.

Toro Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 12th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, December 22nd. This is a boost from Toro’s previous quarterly dividend of $0.38. Toro’s dividend payout ratio is presently 49.21%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Zacks Research upgraded Toro from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 20th. Raymond James Financial cut shares of Toro from an “outperform” rating to a “market perform” rating in a report on Wednesday. Robert W. Baird set a $84.00 price target on shares of Toro in a report on Tuesday, December 16th. Finally, Wall Street Zen upgraded Toro from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Toro presently has a consensus rating of “Hold” and a consensus target price of $92.20.

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.