denkapparat Operations GmbH Boosts Holdings in Toro Company (The) $TTC

denkapparat Operations GmbH increased its position in Toro Company (The) (NYSE:TTC) by 147.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,192 shares of the company’s stock after purchasing an additional 9,640 shares during the period. denkapparat Operations GmbH’s holdings in Toro were worth $1,577,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its holdings in Toro by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company’s stock worth $33,237,000 after buying an additional 124,373 shares during the last quarter. Van ECK Associates Corp lifted its stake in shares of Toro by 4.4% in the fourth quarter. Van ECK Associates Corp now owns 258,444 shares of the company’s stock worth $20,345,000 after buying an additional 10,835 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Toro by 0.3% during the fourth quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company’s stock valued at $9,889,000 after buying an additional 410 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in shares of Toro by 22.0% during the second quarter. Benjamin Edwards Inc. now owns 74,419 shares of the company’s stock valued at $7,250,000 after buying an additional 13,433 shares during the last quarter. Finally, SG Americas Securities LLC increased its position in shares of 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 acquiring an additional 55,206 shares in the last quarter. 87.95% of the stock is owned by hedge funds and other institutional investors.

Toro Stock Performance

Shares of TTC opened at $92.82 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.56 and a quick ratio of 0.74. Toro Company has a one year low of $67.64 and a one year high of $105.18. The firm has a market capitalization of $8.84 billion, a P/E ratio of 26.75 and a beta of 0.70. The business has a fifty day moving average of $96.28 and a 200 day moving average of $94.99.

Toro (NYSE:TTC) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.02. Toro had a return on equity of 31.13% and a net margin of 7.29%.The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter in the prior year, the business earned $1.24 earnings per share. Toro’s revenue for the quarter was up 8.4% compared to the same quarter last year. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. As a group, sell-side analysts anticipate that Toro Company will post 4.6 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on TTC shares. Robert W. Baird decreased their price objective on shares of Toro from $105.00 to $100.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Weiss Ratings raised Toro from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 4th. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Toro presently has an average rating of “Hold” and an average target price of $102.33.

Insider Transactions at Toro

In other news, VP Kurt Svendsen sold 6,600 shares of Toro stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $93.09, for a total transaction of $614,394.00. Following the transaction, the vice president directly owned 12,166 shares of the company’s stock, valued at $1,132,532.94. The trade was a 35.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Edric C. Funk sold 856 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $97.97, for a total transaction of $83,862.32. The SEC filing for this sale provides additional information. Insiders have sold 12,934 shares of company stock worth $1,204,933 in the last quarter. Company insiders own 1.88% of the company’s stock.

Toro News Summary

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Toro exceeded third-quarter estimates, reporting adjusted EPS of $1.33 versus the $1.31 consensus and revenue of $1.23 billion versus $1.19 billion expected. Revenue increased 8.4% year over year, while adjusted EPS rose from $1.24 in the prior-year quarter. Toro Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: The company raised its fiscal 2026 outlook. Adjusted EPS guidance increased to $4.60-$4.65 from $4.50-$4.62, while expected sales growth improved to 6.3%-6.6% from 4.0%-6.5%. Gross margin also expanded to 34.1% from 33.7%, and operating earnings rose to $115.2 million from $64.8 million. Toro Q3 Sales Rise and Raises 2026 Outlook
• Positive Sentiment: Both major business segments contributed to growth: Professional segment sales increased 8.8% to $1.01 billion, and Residential segment sales rose 8.6% to $209.3 million. Toro also returned $110 million to shareholders during the quarter, bringing year-to-date distributions to $471 million. Toro Reports Higher Earnings and Raises Outlook
• Neutral Sentiment: The new fiscal 2026 adjusted EPS range of $4.60-$4.65 is centered near the $4.61 analyst estimate, while revenue guidance of approximately $4.8 billion is broadly in line with expectations. This may limit the upside reaction despite the quarterly beat.
• Negative Sentiment: Reported GAAP EPS was $0.81, substantially below the adjusted figure, highlighting the impact of adjustments that investors may scrutinize. In addition, disclosed insider activity showed substantially more selling than buying over the past six months, including a large sale by the chairman and CEO. Toro Insider Trading and Quarterly Results

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.