Toro Company (The) $TTC Stock Holdings Boosted by ProShare Advisors LLC

ProShare Advisors LLC grew its stake in shares of Toro Company (The) (NYSE:TTC) by 2.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 288,903 shares of the company’s stock after buying an additional 7,299 shares during the period. ProShare Advisors LLC’s holdings in Toro were worth $27,856,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of TTC. Baird Financial Group Inc. increased its stake in shares of Toro by 4,227.0% in the 2nd 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. Corient Private Wealth LP raised its position in shares of Toro by 1,063.5% in the 2nd quarter. Corient Private Wealth LP now owns 187,982 shares of the company’s stock valued at $18,314,000 after acquiring an additional 171,826 shares during the period. CX Institutional acquired a new stake in shares of Toro in the 3rd quarter valued at approximately $6,647,000. Engineers Gate Manager LP raised its position in shares of Toro by 73.9% in the 2nd 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 period. Finally, Hsbc Holdings PLC boosted its stake in Toro by 160.8% during the 2nd quarter. Hsbc Holdings PLC now owns 41,067 shares of the company’s stock worth $3,976,000 after acquiring an additional 25,318 shares during the last quarter. 87.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TTC has been the subject of a number of analyst reports. Weiss Ratings upgraded shares of Toro from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday. DA Davidson lowered their target price on shares of Toro from $117.00 to $115.00 and set a “buy” rating for the company in a research note on Friday, September 4th. Wall Street Zen lowered shares of Toro from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 4th. Finally, Oppenheimer started coverage on shares of Toro in a report on Wednesday, September 23rd. They issued an “outperform” rating and a $120.00 target price on the stock. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $111.67.

Toro Trading Down 0.2%

Shares of NYSE:TTC opened at $107.72 on Monday. Toro Company has a 12 month low of $67.64 and a 12 month high of $108.82. The company has a quick ratio of 0.74, a current ratio of 1.58 and a debt-to-equity ratio of 0.72. The company’s fifty day simple moving average is $98.24 and its 200 day simple moving average is $95.41. The firm has a market cap of $10.20 billion, a price-to-earnings ratio of 28.80, a PEG ratio of 2.33 and a beta of 0.66.

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. The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Toro had a net margin of 7.64% and a return on equity of 31.86%. The firm’s revenue was up 8.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.24 EPS. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. As a group, research analysts forecast that Toro Company will post 4.64 EPS for the current fiscal year.

Toro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were paid a $0.39 dividend. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $1.56 annualized dividend and a dividend yield of 1.4%. Toro’s dividend payout ratio (DPR) is currently 41.71%.

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.