Toro (NYSE:TTC) Releases Earnings Results, Beats Estimates By $0.09 EPS

Toro (NYSE:TTC) issued its earnings results on Thursday. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.09, Briefing.com reports. Toro had a return on equity of 29.46% and a net margin of 7.28%.The business had revenue of $1.04 billion during the quarter, compared to analyst estimates of $1 billion. During the same period in the prior year, the company posted $0.65 earnings per share. Toro’s revenue was up 4.2% on a year-over-year basis. Toro updated its FY 2026 guidance to 4.400-4.600 EPS.

Here are the key takeaways from Toro’s conference call:

• Q1 outperformance: Consolidated net sales rose 4.2% to $1.04 billion and adjusted EPS was $0.74 (vs. $0.65 a year ago), with both professional and residential segments beating expectations.
• Raised full-year guidance: Fiscal 2026 sales growth now expected at 3.0%–6.5% and adjusted EPS at $4.40–$4.60, with professional margins guided to 18.5%–19.5% and an improved free cash flow conversion target of ≥120%.
• Operational gains via AMP: The AMP productivity program has delivered $95 million of cost savings toward a $125 million target, helping lift adjusted operating margin to 9.8% and produce $14.6 million of free cash flow in a typically cash-using quarter.
• Strategic growth and innovation: Toro expanded capabilities with the Tornado acquisition and new products (BOSS CFT plows, Ditch Witch SK1000, JT21 drill) and is scaling autonomous and water-management technologies to drive long-term addressable market expansion.
• Ongoing headwinds and risks: Higher material and manufacturing costs, some international softness (Europe and Asia), and macro/geopolitical/weather uncertainties remain potential downside risks despite price realization and productivity offsets.

Toro Stock Up 0.5%

Shares of NYSE TTC opened at $99.45 on Friday. Toro has a 12-month low of $62.34 and a 12-month high of $105.18. The company has a market cap of $9.74 billion, a price-to-earnings ratio of 29.78 and a beta of 0.80. The company has a quick ratio of 0.86, a current ratio of 1.87 and a debt-to-equity ratio of 0.63. The firm’s 50-day simple moving average is $92.79 and its 200 day simple moving average is $81.50.

Toro Increases Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TTC. Robert W. Baird increased their price objective on shares of Toro from $100.00 to $105.00 and gave the company a “neutral” rating in a research note on Friday. Wall Street Zen raised shares of Toro from a “hold” rating to a “buy” rating in a research note on Saturday. Zacks Research raised shares of Toro from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 20th. Finally, Raymond James Financial downgraded Toro from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 18th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $96.40.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its stake in shares of Toro by 37.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company’s stock valued at $33,237,000 after buying an additional 124,373 shares during the period. Van ECK Associates Corp lifted its stake in Toro by 4.4% in the fourth quarter. Van ECK Associates Corp now owns 258,444 shares of the company’s stock valued at $20,345,000 after buying an additional 10,835 shares during the period. Russell Investments Group Ltd. boosted its holdings in Toro by 0.3% during the fourth quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company’s stock worth $9,889,000 after buying an additional 410 shares during the last quarter. Campbell & CO Investment Adviser LLC increased its stake in shares of Toro by 425.6% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 64,783 shares of the company’s stock valued at $5,100,000 after acquiring an additional 52,457 shares during the last quarter. Finally, Captrust Financial Advisors raised its position in shares of Toro by 16.6% in the 3rd quarter. Captrust Financial Advisors now owns 52,879 shares of the company’s stock valued at $4,029,000 after acquiring an additional 7,511 shares during the period. Institutional investors and hedge funds own 87.95% of the company’s stock.

Trending Headlines about Toro

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Q1 results beat expectations — Toro reported $0.74 EPS vs. $0.65 expected and revenue of $1.04B vs. ~$1.0B; revenue rose ~4.2% year‑over‑year, and margins/ROE remain healthy. This stronger‑than‑expected quarter is the primary driver behind the stock strength. The Toro Co (TTC) Q1 2026 Earnings Call Highlights
• Neutral Sentiment: FY‑2026 guidance provided — Toro set EPS guidance of $4.40–$4.60 and revenue guidance of $4.6B–$4.8B (consensus ~ $4.50 EPS and $4.7B revenue). Guidance is essentially in line with expectations, which supports the beat but limits upside surprise potential. Press Release / Slide Deck
• Neutral Sentiment: Analyst action — Robert W. Baird raised its price target from $100 to $105 while maintaining a “neutral” rating, implying modest upside but no change to recommended stance; this is supportive but not a strong bullish signal. Baird Raises PT to $105
• Neutral Sentiment: Earnings materials available — The company released its earnings slide deck and call presentation, which provide more detail on segment performance and strategy for investors reviewing forward drivers and margin assumptions. Q1 Results — Earnings Call Presentation
• Negative Sentiment: Unusual options activity — Large spike in put buying (1,176 puts, ~1,709% above average) signals some investors hedging or betting on downside short‑term volatility; this raises a short‑term risk indicator despite the earnings beat.

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.