Q3 Earnings Forecast for Toro Issued By Northland Securities

Toro Company (The) (NYSE:TTC) – Northland Securities lifted their Q3 2026 EPS estimates for Toro in a note issued to investors on Friday, June 5th. Northland Securities analyst T. Jackson now anticipates that the company will post earnings per share of $1.29 for the quarter, up from their prior forecast of $1.17. The consensus estimate for Toro’s current full-year earnings is $4.58 per share. Northland Securities also issued estimates for Toro’s FY2030 earnings at $6.00 EPS.

Other analysts have also issued research reports about the stock. Robert W. Baird dropped their price target on shares of Toro from $105.00 to $100.00 and set a “neutral” rating for the company in a research note on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Toro in a research note on Friday, April 17th. Raymond James Financial lowered shares of Toro from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. DA Davidson lifted their price target on shares of Toro from $97.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Finally, Wall Street Zen upgraded shares of Toro from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 15th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $101.75.

Toro Stock Up 3.1%

Shares of NYSE:TTC opened at $89.94 on Tuesday. The company has a current ratio of 1.56, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. The company has a fifty day simple moving average of $92.86 and a 200 day simple moving average of $89.22. The firm has a market cap of $8.56 billion, a PE ratio of 25.92 and a beta of 0.70. Toro has a 12-month low of $67.04 and a 12-month high of $105.18.

Toro (NYSE:TTC) last posted its quarterly earnings data on Thursday, June 4th. The company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.10. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.39 billion. Toro had a net margin of 7.29% and a return on equity of 31.13%. The business’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.42 earnings per share. Toro has set its FY 2026 guidance at 4.500-4.620 EPS.

Institutional Trading of Toro

Several institutional investors have recently added to or reduced their stakes in TTC. Goldman Sachs Group Inc. increased its stake in Toro by 37.4% during 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. SG Americas Securities LLC increased its stake in Toro by 416.7% during the first quarter. SG Americas Securities LLC now owns 68,455 shares of the company’s stock valued at $6,396,000 after purchasing an additional 55,206 shares during the last quarter. Campbell & CO Investment Adviser LLC increased its stake in 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 during the last quarter. Hillsdale Investment Management Inc. increased its stake in Toro by 379.6% during the fourth quarter. Hillsdale Investment Management Inc. now owns 55,630 shares of the company’s stock valued at $4,379,000 after purchasing an additional 44,030 shares during the last quarter. Finally, Entropy Technologies LP bought a new stake in Toro during the fourth quarter valued at $1,664,000. Institutional investors own 87.95% of the company’s stock.

Toro Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Tuesday, June 16th will be paid a dividend of $0.39 per share. The ex-dividend date is Tuesday, June 16th. This represents a $1.56 annualized dividend and a yield of 1.7%. Toro’s payout ratio is presently 44.96%.

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.