Paralel Advisors LLC Sells 12,050 Shares of Toro Company (The) $TTC

Paralel Advisors LLC lessened its stake in shares of Toro Company (The) (NYSE:TTC) by 32.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,721 shares of the company’s stock after selling 12,050 shares during the quarter. Paralel Advisors LLC’s holdings in Toro were worth $2,408,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Hillsdale Investment Management Inc. increased its holdings in Toro by 379.6% in the 4th quarter. Hillsdale Investment Management Inc. now owns 55,630 shares of the company’s stock valued at $4,379,000 after acquiring an additional 44,030 shares during the last quarter. LSV Asset Management purchased a new position in shares of Toro during the fourth quarter valued at about $1,078,000. SG Americas Securities LLC grew 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 purchasing an additional 55,206 shares in the last quarter. Entropy Technologies LP bought a new stake in shares of Toro in the fourth quarter worth about $1,664,000. Finally, Benjamin Edwards Inc. increased its holdings in shares of Toro by 22.0% in the second quarter. Benjamin Edwards Inc. now owns 74,419 shares of the company’s stock worth $7,250,000 after purchasing an additional 13,433 shares during the last quarter. 87.95% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TTC has been the subject of several research reports. Weiss Ratings raised shares of Toro from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 4th. Wall Street Zen downgraded shares of Toro from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Robert W. Baird lowered their price target on Toro from $105.00 to $100.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Finally, DA Davidson lowered their price target on Toro from $117.00 to $115.00 and set a “buy” rating for the company in a report on Friday. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $101.67.

Toro Stock Up 0.1%

Shares of Toro stock opened at $93.45 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.58 and a quick ratio of 0.74. Toro Company has a 1 year low of $67.64 and a 1 year high of $105.18. The firm’s 50-day moving average is $96.21 and its two-hundred day moving average is $94.94. The stock has a market cap of $8.85 billion, a price-to-earnings ratio of 24.99 and a beta of 0.70.

Toro (NYSE:TTC) last posted its quarterly earnings results on Thursday, September 3rd. The company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.31 by $0.02. Toro had a net margin of 7.64% and a return on equity of 31.86%. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the business posted $1.24 EPS. The company’s quarterly revenue 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, research analysts expect that Toro Company will post 4.63 earnings per share for the current fiscal year.

Trending Headlines about Toro

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Toro reported fiscal Q3 revenue of $1.23 billion, up 8.4% year over year and above the $1.19 billion consensus estimate. Adjusted earnings of $1.33 per share also exceeded analyst expectations and rose from $1.24 a year earlier. Toro Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: The company raised fiscal 2026 adjusted EPS guidance to $4.60-$4.65, from $4.50-$4.62, and increased its revenue-growth outlook to 6.3%-6.6%. The new earnings range is broadly in line with the $4.61 consensus estimate. Toro Reports Higher Earnings and Raises FY26 Outlook
• Positive Sentiment: Growth was broad-based, with Professional segment sales increasing 8.8% and Residential segment sales rising 8.6%. Gross margin improved to 34.1% from 33.7%, while Toro returned $110 million to shareholders during the quarter.
• Positive Sentiment: DA Davidson maintained a Buy rating and reduced its price target modestly to $115 from $117, still implying substantial upside from the referenced trading level.
• Neutral Sentiment: Although earnings and revenue beat estimates, reported GAAP diluted EPS was $0.81, reflecting the impact of items that distinguish it from the $1.33 adjusted EPS figure highlighted in market coverage. Toro Fiscal 2026 EPS Guidance
• Negative Sentiment: Insider activity was heavily weighted toward selling, including a substantial sale by Chairman and CEO Richard Olson. This may raise caution about management’s view of near-term valuation, despite the stronger operating results.

Insider Activity at Toro

In related news, COO Edric Funk sold 856 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $97.97, for a total value of $83,862.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gary Ellis sold 4,951 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $91.91, for a total value of $455,046.41. Following the sale, the director owned 35,297 shares of the company’s stock, valued at approximately $3,244,147.27. This represents a 12.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 12,934 shares of company stock valued at $1,204,933 over the last ninety days. 1.88% of the stock is owned by company insiders.

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.