6,880 Toro Company (The) $TTC Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its stake in Toro Company (The) (NYSE:TTC) by 1.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 436,929 shares of the company’s stock after buying an additional 6,880 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Toro were worth $42,129,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Corient Private Wealth LP boosted its stake in Toro by 1,063.5% during the second quarter. Corient Private Wealth LP now owns 187,982 shares of the company’s stock worth $18,314,000 after buying an additional 171,826 shares during the period. Baird Financial Group Inc. increased its position in shares of Toro by 4,227.0% during the second quarter. Baird Financial Group Inc. now owns 175,893 shares of the company’s stock valued at $17,135,000 after acquiring an additional 171,828 shares during the last quarter. Engineers Gate Manager LP increased its position in shares of Toro by 73.9% during the second quarter. Engineers Gate Manager LP now owns 75,330 shares of the company’s stock valued at $7,339,000 after acquiring an additional 32,003 shares during the last quarter. Benjamin Edwards Inc. increased its position 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 acquiring an additional 13,433 shares during the last quarter. Finally, CX Institutional purchased a new stake in shares of Toro in the 3rd quarter valued at approximately $6,647,000. Institutional investors and hedge funds own 87.95% of the company’s stock.

Toro Stock Up 1.9%

Shares of NYSE:TTC opened at $105.32 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.58 and a quick ratio of 0.74. The firm has a market capitalization of $9.97 billion, a PE ratio of 22.57, a price-to-earnings-growth ratio of 2.23 and a beta of 0.66. The firm’s 50-day moving average is $97.15 and its two-hundred day moving average is $94.96. Toro Company has a 1 year low of $67.64 and a 1 year high of $105.77.

Toro (NYSE:TTC) last posted its quarterly earnings data 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 last year, the firm posted $1.24 earnings per share. The business’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. Analysts predict that Toro Company will post 4.64 EPS for the current year.

Toro Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were issued a dividend of $0.39 per share. The ex-dividend date was Tuesday, October 6th. This represents a $1.56 dividend on an annualized basis and a yield of 1.5%. Toro’s dividend payout ratio is 41.71%.

Analyst Upgrades and Downgrades

TTC has been the topic of several recent analyst reports. Oppenheimer initiated coverage on shares of Toro in a report on Wednesday, September 23rd. They issued an “outperform” rating and a $120.00 price objective on the stock. Weiss Ratings upgraded shares of Toro from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Wall Street Zen downgraded shares of Toro from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 4th. Finally, DA Davidson cut their target price on Toro from $117.00 to $115.00 and set a “buy” rating on the stock in a research report on Friday, September 4th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Toro currently has a consensus rating of “Moderate Buy” and a consensus target price of $111.67.

Toro Company Profile

The Toro Company (NYSE:TTC) designs, manufactures and markets equipment and solutions for maintaining outdoor environments. Its products serve professional and residential customers in areas such as turf care, landscaping, irrigation, snow and ice management, and outdoor construction.

The company’s portfolio includes zero-turn and riding mowers, walk-behind mowers, utility vehicles, turf maintenance equipment, landscape and irrigation systems, snowplows and snow removal equipment, and compact utility and underground construction machinery.