The Toro Company (NYSE:TTC – Free Report) – Analysts at Northland Capmk issued their Q2 2025 earnings per share estimates for Toro in a research note issued on Thursday, December 19th. Northland Capmk analyst E. Jackson forecasts that the company will post earnings of $1.57 per share for the quarter. The consensus estimate for Toro’s current full-year earnings is $4.16 per share. Northland Capmk also issued estimates for Toro’s Q4 2025 earnings at $0.97 EPS, FY2025 earnings at $4.28 EPS, Q1 2026 earnings at $0.94 EPS and FY2029 earnings at $5.17 EPS.
Several other equities analysts also recently issued reports on TTC. StockNews.com raised shares of Toro from a “hold” rating to a “buy” rating in a report on Monday, September 9th. Northland Securities reissued a “market perform” rating and set a $100.00 target price on shares of Toro in a research note on Friday, September 6th. Robert W. Baird cut their price target on Toro from $102.00 to $92.00 and set a “neutral” rating on the stock in a report on Friday, September 6th. Raymond James decreased their price objective on Toro from $100.00 to $95.00 and set an “outperform” rating for the company in a report on Friday, December 20th. Finally, DA Davidson cut their target price on Toro from $103.00 to $88.00 and set a “neutral” rating on the stock in a research note on Monday, September 9th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $93.75.
Toro Stock Performance
Toro stock opened at $80.85 on Monday. Toro has a 12 month low of $77.15 and a 12 month high of $100.93. The company has a fifty day moving average price of $84.07 and a two-hundred day moving average price of $88.07. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.94 and a quick ratio of 0.85. The company has a market cap of $8.18 billion, a PE ratio of 21.22 and a beta of 0.70.
Toro (NYSE:TTC – Get Free Report) last announced its earnings results on Wednesday, December 18th. The company reported $0.95 earnings per share for the quarter, meeting the consensus estimate of $0.95. Toro had a net margin of 8.89% and a return on equity of 25.94%. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the firm earned $0.71 earnings per share. The business’s quarterly revenue was up 9.4% compared to the same quarter last year.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of TTC. Allspring Global Investments Holdings LLC grew its position in Toro by 37,332.5% in the second quarter. Allspring Global Investments Holdings LLC now owns 470,901 shares of the company’s stock worth $44,034,000 after acquiring an additional 469,643 shares in the last quarter. Point72 Asset Management L.P. boosted its holdings in Toro by 682.7% in the second quarter. Point72 Asset Management L.P. now owns 482,139 shares of the company’s stock worth $45,085,000 after purchasing an additional 420,539 shares in the last quarter. Millennium Management LLC increased its position in Toro by 11,970.3% during the second quarter. Millennium Management LLC now owns 393,008 shares of the company’s stock worth $36,750,000 after buying an additional 389,752 shares during the last quarter. Nuance Investments LLC bought a new position in Toro during the third quarter valued at about $29,146,000. Finally, Marshall Wace LLP acquired a new stake in shares of Toro in the second quarter worth about $25,166,000. 87.95% of the stock is owned by institutional investors and hedge funds.
Toro Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, January 13th. Shareholders of record on Monday, December 23rd will be paid a dividend of $0.38 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.88%. This is a positive change from Toro’s previous quarterly dividend of $0.36. Toro’s dividend payout ratio (DPR) is 37.91%.
Toro announced that its Board of Directors has initiated a share repurchase program on Tuesday, December 10th that authorizes the company to buyback 4,000,000 shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.
About Toro
The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders.
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