What is Northland Capmk’s Forecast for Toro Q2 Earnings?

Toro Company (The) (NYSE:TTC) – Stock analysts at Northland Capmk reduced their Q2 2026 earnings per share (EPS) estimates for shares of Toro in a research report issued on Thursday, December 18th. Northland Capmk analyst E. Jackson now expects that the company will earn $1.50 per share for the quarter, down from their prior forecast of $1.51. The consensus estimate for Toro’s current full-year earnings is $4.41 per share. Northland Capmk also issued estimates for Toro’s FY2028 earnings at $5.21 EPS and FY2030 earnings at $5.81 EPS.

Toro (NYSE:TTC) last issued its earnings results on Wednesday, December 17th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.05. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.05 billion. Toro had a return on equity of 28.90% and a net margin of 7.01%.The firm’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.95 earnings per share. Toro has set its FY 2026 guidance at 4.350-4.50 EPS.

TTC has been the topic of several other research reports. Robert W. Baird set a $84.00 price target on shares of Toro in a report on Tuesday. Northland Securities raised their target price on shares of Toro from $80.00 to $90.00 and gave the company a “market perform” rating in a research note on Tuesday, September 9th. DA Davidson lifted their target price on shares of Toro from $93.00 to $97.00 and gave the company a “buy” rating in a report on Friday, September 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Toro in a report on Wednesday, October 8th. Finally, Longbow Research upgraded Toro from a “neutral” rating to a “buy” rating and set a $100.00 price objective on the stock in a research note on Monday, August 25th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $92.20.

Toro Stock Performance

NYSE TTC opened at $78.24 on Friday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.87 and a quick ratio of 0.79. Toro has a 1-year low of $62.34 and a 1-year high of $87.46. The firm has a market capitalization of $7.66 billion, a P/E ratio of 24.68 and a beta of 0.84. The business’s 50-day simple moving average is $72.74 and its 200-day simple moving average is $74.47.

Toro Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 12th. Shareholders of record on Monday, December 22nd will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Monday, December 22nd. This is an increase from Toro’s previous quarterly dividend of $0.38. Toro’s dividend payout ratio is currently 47.95%.

Institutional Trading of Toro

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Nuveen LLC acquired a new stake in Toro during the 1st quarter valued at approximately $13,560,000. Russell Investments Group Ltd. boosted its stake in shares of Toro by 5.5% during the 1st quarter. Russell Investments Group Ltd. now owns 95,981 shares of the company’s stock valued at $6,983,000 after buying an additional 5,042 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Toro by 39.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,534,760 shares of the company’s stock valued at $111,654,000 after buying an additional 434,257 shares during the last quarter. American Century Companies Inc. grew its position in shares of Toro by 324.2% during the first quarter. American Century Companies Inc. now owns 131,485 shares of the company’s stock worth $9,566,000 after buying an additional 100,487 shares in the last quarter. Finally, Cresset Asset Management LLC increased its stake in shares of Toro by 8.2% in the first quarter. Cresset Asset Management LLC now owns 12,064 shares of the company’s stock worth $882,000 after buying an additional 912 shares during the last quarter. 87.95% of the stock is owned by hedge funds and other institutional investors.

About Toro

The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders.