Toro Company (The) $TTC Stock Position Raised by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its holdings in Toro Company (The) (NYSE:TTC) by 1.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund 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. owned 0.46% of Toro worth $42,129,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of TTC. TD Waterhouse Canada Inc. grew its stake in Toro by 6.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 2,319 shares of the company’s stock valued at $227,000 after acquiring an additional 132 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its holdings in Toro by 7.0% in the 3rd quarter. Robertson Stephens Wealth Management LLC now owns 2,411 shares of the company’s stock valued at $232,000 after acquiring an additional 157 shares during the last quarter. Essential Partners LLC lifted its stake in Toro by 2.3% in the 1st quarter. Essential Partners LLC now owns 10,519 shares of the company’s stock worth $983,000 after purchasing an additional 233 shares in the last quarter. GAMMA Investing LLC lifted its stake in Toro by 8.4% in the 2nd quarter. GAMMA Investing LLC now owns 4,550 shares of the company’s stock worth $443,000 after purchasing an additional 351 shares in the last quarter. Finally, Pension & Wealth Management Advisors Inc. purchased a new position in Toro in the 3rd quarter worth approximately $38,000. 87.95% of the stock is owned by hedge funds and other institutional investors.

Toro Stock Performance

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 price-to-earnings ratio of 22.57, a PEG ratio of 2.23 and a beta of 0.66. The company’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 results on Thursday, September 3rd. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.02. The business had revenue of $1.23 billion during 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 business’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.24 EPS. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. Analysts forecast that Toro Company will post 4.64 EPS for the current year.

Toro Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, October 6th. Toro’s dividend payout ratio is presently 41.71%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Oppenheimer assumed coverage on Toro in a report on Wednesday, September 23rd. They set an “outperform” rating and a $120.00 target price on the stock. DA Davidson cut their price target on Toro from $117.00 to $115.00 and set a “buy” rating for the company in a report on Friday, September 4th. Weiss Ratings upgraded Toro from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, Wall Street Zen lowered Toro from a “strong-buy” rating to a “buy” rating in a research note on Sunday, October 4th. 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 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.