Toro (NYSE:TTC) Director James Calvin O’rourke Sells 4,951 Shares of Stock

Toro Company (The) (NYSE:TTC) Director James Calvin O’rourke sold 4,951 shares of the stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $99.40, for a total value of $492,129.40. Following the transaction, the director directly owned 2,704 shares of the company’s stock, valued at approximately $268,777.60. The trade was a 64.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Toro Price Performance

Shares of TTC traded up $0.28 during midday trading on Friday, reaching $95.28. The stock had a trading volume of 355,277 shares, compared to its average volume of 959,453. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.69 and a quick ratio of 0.73. The company has a market capitalization of $9.24 billion, a P/E ratio of 28.52 and a beta of 0.80. The firm’s 50 day moving average price is $94.28 and its 200-day moving average price is $82.07. Toro Company has a 52 week low of $62.34 and a 52 week high of $105.18.

Toro (NYSE:TTC) last announced its earnings results on Thursday, March 5th. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.09. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1 billion. Toro had a return on equity of 29.60% and a net margin of 7.28%.The company’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the business posted $0.65 earnings per share. Toro has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts forecast that Toro Company will post 4.41 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Raymond James Financial downgraded Toro from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Robert W. Baird boosted their target price on Toro from $100.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, March 6th. DA Davidson upped their target price on Toro from $97.00 to $117.00 and gave the company a “buy” rating in a report on Monday. Wall Street Zen raised Toro from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Finally, Zacks Research upgraded Toro from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Toro has a consensus rating of “Hold” and a consensus price target of $100.40.

Institutional Investors Weigh In On Toro

A number of institutional investors have recently bought and sold shares of the business. KLP Kapitalforvaltning AS raised its stake in shares of Toro by 0.6% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 32,900 shares of the company’s stock worth $2,507,000 after purchasing an additional 200 shares in the last quarter. Rothschild Investment LLC boosted its holdings in Toro by 6.0% in the fourth quarter. Rothschild Investment LLC now owns 3,609 shares of the company’s stock worth $284,000 after purchasing an additional 203 shares in the last quarter. GAMMA Investing LLC increased its position in Toro by 8.1% during the third quarter. GAMMA Investing LLC now owns 3,155 shares of the company’s stock worth $240,000 after buying an additional 237 shares during the last quarter. Wesbanco Bank Inc. lifted its position in shares of Toro by 4.3% in the third 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, Russell Investments Group Ltd. boosted its stake in shares of Toro by 0.3% during the 4th quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company’s stock worth $9,889,000 after acquiring an additional 410 shares in the last quarter. 87.95% of the stock is currently owned by institutional investors and hedge funds.

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.