Toro (NYSE:TTC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Toro (NYSE:TTC) from a hold rating to a buy rating in a research report report published on Saturday.

TTC has been the topic of a number of other reports. Robert W. Baird increased their price target on Toro from $100.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday. Raymond James Financial lowered Toro from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. 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 issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $100.40.

Toro Trading Up 0.3%

NYSE TTC opened at $99.73 on Friday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.73 and a current ratio of 1.69. Toro has a one year low of $62.34 and a one year high of $105.18. The company has a 50-day simple moving average of $93.20 and a 200-day simple moving average of $81.73. The firm has a market capitalization of $9.67 billion, a PE ratio of 29.86 and a beta of 0.80.

Toro (NYSE:TTC) last released its quarterly earnings data 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 29.60%. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter in the prior year, the business earned $0.65 earnings per share. 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. On average, equities analysts forecast that Toro will post 4.41 earnings per share for the current year.

Institutional Trading of Toro

Several hedge funds have recently added to or reduced their stakes in TTC. Goldman Sachs Group Inc. boosted its position in Toro by 37.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company’s stock worth $33,237,000 after acquiring an additional 124,373 shares during the period. Van ECK Associates Corp increased its holdings in shares of Toro by 4.4% during the fourth quarter. Van ECK Associates Corp now owns 258,444 shares of the company’s stock valued at $20,345,000 after purchasing an additional 10,835 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of Toro by 0.3% during the fourth quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company’s stock valued at $9,889,000 after purchasing an additional 410 shares during the period. Campbell & CO Investment Adviser LLC raised its stake in shares of Toro by 425.6% during the fourth quarter. Campbell & CO Investment Adviser LLC now owns 64,783 shares of the company’s stock valued at $5,100,000 after purchasing an additional 52,457 shares in the last quarter. Finally, Hillsdale Investment Management Inc. lifted its holdings in Toro by 379.6% in the fourth quarter. Hillsdale Investment Management Inc. now owns 55,630 shares of the company’s stock worth $4,379,000 after purchasing an additional 44,030 shares during the period. 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.