Entropy Technologies LP Makes New $1.66 Million Investment in Toro Company (The) $TTC

Entropy Technologies LP bought a new position in shares of Toro Company (The) (NYSE:TTC) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 21,144 shares of the company’s stock, valued at approximately $1,664,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Rothschild Investment LLC grew its stake in shares of Toro by 6.0% in the 4th quarter. Rothschild Investment LLC now owns 3,609 shares of the company’s stock worth $284,000 after buying an additional 203 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Toro by 10.2% in the 4th quarter. GAMMA Investing LLC now owns 3,476 shares of the company’s stock worth $274,000 after buying an additional 321 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of Toro by 10.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,136 shares of the company’s stock worth $446,000 after buying an additional 586 shares during the last quarter. Danske Bank A S purchased a new stake in shares of Toro in the 3rd quarter worth approximately $46,000. Finally, Stonebridge Capital Advisors LLC grew its stake in shares of Toro by 6.9% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 9,299 shares of the company’s stock worth $732,000 after buying an additional 600 shares during the last quarter. Hedge funds and other institutional investors own 87.95% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on TTC shares. DA Davidson upped their price target on Toro from $97.00 to $117.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Wall Street Zen upgraded Toro from a “buy” rating to a “strong-buy” rating in a research note on Sunday, March 15th. Raymond James Financial downgraded Toro from an “outperform” rating to a “market perform” rating in a research note on Wednesday, February 18th. Robert W. Baird lowered their price objective on Toro from $105.00 to $100.00 and set a “neutral” rating on the stock in a research report on Friday, June 5th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toro in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Toro has a consensus rating of “Hold” and an average target price of $101.75.

Toro Stock Performance

TTC stock opened at $88.97 on Tuesday. The stock has a market capitalization of $8.47 billion, a PE ratio of 25.64 and a beta of 0.70. Toro Company has a 12-month low of $67.45 and a 12-month high of $105.18. The company has a current ratio of 1.56, a quick ratio of 0.74 and a debt-to-equity ratio of 0.74. The stock’s 50 day simple moving average is $92.71 and its 200 day simple moving average is $89.98.

Toro (NYSE:TTC) last released its quarterly earnings data on Thursday, June 4th. The company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.10. The business had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Toro had a return on equity of 31.13% and a net margin of 7.29%.The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.42 EPS. Toro has set its FY 2026 guidance at 4.500-4.620 EPS. As a group, research analysts forecast that Toro Company will post 4.6 earnings per share for the current fiscal year.

Toro Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Tuesday, June 16th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, June 16th. Toro’s dividend payout ratio is presently 44.96%.

Insider Buying and Selling at Toro

In other news, Director Gary Lee Ellis sold 4,951 shares of the stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $91.91, for a total transaction of $455,046.41. Following the transaction, the director directly owned 35,297 shares of the company’s stock, valued at $3,244,147.27. This represents a 12.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.88% of the stock is owned by insiders.

Toro Profile

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.