Toro (NYSE:TTC) Releases FY 2026 Earnings Guidance

by · The Cerbat Gem

Toro (NYSE:TTC – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 4.600-4.650 for the period, compared to the consensus earnings per share estimate of 4.610. The company issued revenue guidance of $4.8 billion-$4.8 billion, compared to the consensus revenue estimate of $4.8 billion.

Analyst Upgrades and Downgrades

TTC has been the subject of a number of analyst 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. Robert W. Baird lowered their price objective on Toro from $105.00 to $100.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Toro has a consensus rating of “Hold” and an average target price of $102.33.

Check Out Our Latest Analysis on Toro

Toro Stock Down 6.4%

NYSE TTC traded down $6.33 during trading hours on Thursday, hitting $92.82. The company’s stock had a trading volume of 1,937,175 shares, compared to its average volume of 828,375. The company has a market capitalization of $8.84 billion, a PE ratio of 26.75 and a beta of 0.70. The company has a current ratio of 1.56, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. Toro has a 52 week low of $67.64 and a 52 week high of $105.18. The company’s 50-day simple moving average is $96.36 and its two-hundred day simple moving average is $95.04.

Toro (NYSE:TTC – Get Free Report) last issued its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $1.19 billion. Toro had a return on equity of 31.13% and a net margin of 7.29%.The business’s revenue was up 8.4% on a year-over-year basis. During the same period last year, the business earned $1.24 EPS. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. Research analysts anticipate that Toro will post 4.6 EPS for the current fiscal year.

Insider Buying and Selling at Toro

In other Toro news, VP Kurt D. Svendsen sold 6,600 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $93.09, for a total value of $614,394.00. Following the completion of the sale, the vice president owned 12,166 shares in the company, valued at approximately $1,132,532.94. This trade represents a 35.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Edric Funk sold 527 shares of Toro stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $97.97, for a total transaction of $51,630.19. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 12,934 shares of company stock worth $1,204,933. Insiders own 1.88% of the company’s stock.

Trending Headlines about Toro

Here are the key news stories impacting Toro this week:

  • Positive Sentiment: Fiscal Q3 adjusted earnings were $1.33 per share, above the $1.30–$1.31 analyst consensus and up from $1.24 a year earlier. Revenue rose 8.4% year over year to $1.23 billion, exceeding expectations of approximately $1.19 billion. Toro Tops Q3 Earnings and Revenue Estimates
  • Positive Sentiment: Toro raised its fiscal 2026 outlook: expected sales growth is now 6.3%–6.6%, versus 4.0%–6.5% previously, while adjusted EPS guidance increased to $4.60–$4.65 from $4.50–$4.62. The Professional and Residential segments both posted sales growth of more than 8%. Toro Q3 Sales Rise and Raises 2026 Outlook
  • Positive Sentiment: Operating earnings increased to $115.2 million from $64.8 million, gross margin improved to 34.1% from 33.7%, and the company returned $110 million to shareholders during the quarter. Toro Reports Higher Earnings and Raises Outlook
  • Neutral Sentiment: The midpoint of the new EPS outlook is only modestly above the $4.61 FactSet estimate, which may have limited the positive market reaction despite the quarterly beat. Toro Fiscal 2026 EPS Outlook
  • Negative Sentiment: Recent insider activity has been heavily weighted toward selling, including substantial sales by executives, which could weigh on sentiment. Institutional positioning was also mixed, with major holders both adding and reducing shares. Toro Insider and Institutional Activity

Institutional Investors Weigh In On Toro

Several large investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. lifted its position in shares of Toro by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company’s stock valued at $33,237,000 after acquiring an additional 124,373 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Toro by 4.4% during the 4th quarter. Van ECK Associates Corp now owns 258,444 shares of the company’s stock valued at $20,345,000 after acquiring an additional 10,835 shares during the period. Russell Investments Group Ltd. increased its position in shares of Toro by 0.3% during the fourth quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company’s stock worth $9,889,000 after acquiring an additional 410 shares during the period. Campbell & CO Investment Adviser LLC lifted its position in shares of Toro by 425.6% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 64,783 shares of the company’s stock worth $5,100,000 after purchasing an additional 52,457 shares during the last quarter. Finally, Captrust Financial Advisors raised its stake in Toro by 16.6% in the third quarter. Captrust Financial Advisors now owns 52,879 shares of the company’s stock valued at $4,029,000 after buying an additional 7,511 shares in the last quarter. 87.95% of the stock is owned by hedge funds and other institutional investors.

About Toro

(Get Free Report)

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.

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