Northland Capmk Weighs in on Toro’s Q1 Earnings (NYSE:TTC)

Toro Company (The) (NYSE:TTC) – Stock analysts at Northland Capmk decreased their Q1 2026 earnings per share estimates for shares of Toro in a note issued to investors on Thursday, December 18th. Northland Capmk analyst E. Jackson now expects that the company will post earnings per share of $0.64 for the quarter, down from their prior estimate of $0.93. The consensus estimate for Toro’s current full-year earnings is $4.41 per share. Northland Capmk also issued estimates for Toro’s Q3 2026 earnings at $1.19 EPS, Q4 2026 earnings at $1.03 EPS, FY2026 earnings at $4.35 EPS, FY2027 earnings at $4.78 EPS and FY2029 earnings at $4.00 EPS.

Toro (NYSE:TTC) last announced its quarterly earnings data on Wednesday, December 17th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.05. The company 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 was down .9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.95 EPS. Toro has set its FY 2026 guidance at 4.350-4.50 EPS.

Several other equities analysts have also issued reports on TTC. Longbow Research upgraded Toro from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a research report on Monday, August 25th. Northland Securities raised their target price on shares of Toro from $80.00 to $90.00 and gave the stock a “market perform” rating in a report on Tuesday, September 9th. DA Davidson lifted their target price on shares of Toro from $93.00 to $97.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. Robert W. Baird set a $84.00 price target on shares of Toro in a research report on Tuesday, December 16th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Toro in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $92.20.

Toro Stock Up 1.0%

Shares of NYSE:TTC opened at $78.46 on Monday. The stock has a market capitalization of $7.68 billion, a P/E ratio of 24.75 and a beta of 0.84. The stock’s 50-day moving average price is $72.95 and its 200-day moving average price is $74.51. The company has a current ratio of 1.87, a quick ratio of 0.86 and a debt-to-equity ratio of 0.63. Toro has a 12-month low of $62.34 and a 12-month high of $87.46.

Institutional Trading of Toro

A number of hedge funds have recently added to or reduced their stakes in TTC. KLP Kapitalforvaltning AS raised its position in Toro by 0.6% in the third quarter. KLP Kapitalforvaltning AS now owns 32,900 shares of the company’s stock valued at $2,507,000 after purchasing an additional 200 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Toro by 8.1% in 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 during the last quarter. Brooklyn Investment Group boosted its position in shares of Toro by 94.1% in the 1st quarter. Brooklyn Investment Group now owns 495 shares of the company’s stock valued at $36,000 after purchasing an additional 240 shares during the period. Wesbanco Bank Inc. grew its stake in Toro by 4.3% during the 3rd quarter. Wesbanco Bank Inc. now owns 9,716 shares of the company’s stock worth $740,000 after buying an additional 400 shares during the last quarter. Finally, Willis Investment Counsel grew its stake in Toro by 3.0% during the 3rd quarter. Willis Investment Counsel now owns 17,653 shares of the company’s stock worth $1,345,000 after buying an additional 508 shares during the last quarter. 87.95% of the stock is owned by hedge funds and other institutional investors.

Toro Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 12th. Investors of record on Monday, December 22nd will be given a $0.39 dividend. This is an increase from Toro’s previous quarterly dividend of $0.38. This represents a $1.56 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Monday, December 22nd. Toro’s payout ratio is currently 47.95%.

About Toro

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.