Insider Selling: Toro (NYSE:TTC) COO Sells $13,682.20 in Stock

Toro Company (The) (NYSE:TTC) COO Edric Funk sold 145 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $94.36, for a total transaction of $13,682.20. Following the completion of the transaction, the chief operating officer owned 3,254 shares of the company’s stock, valued at $307,047.44. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Toro Stock Performance

Shares of Toro stock opened at $92.75 on Friday. The company has a current ratio of 1.58, a quick ratio of 0.74 and a debt-to-equity ratio of 0.72. The company has a market cap of $8.78 billion, a PE ratio of 24.80 and a beta of 0.70. The company has a 50 day moving average of $95.86 and a 200-day moving average of $94.75. Toro Company has a 1-year low of $67.64 and a 1-year high of $105.18.

Toro (NYSE:TTC) last announced 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. Toro had a net margin of 7.64% and a return on equity of 31.86%. The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the business earned $1.24 earnings per share. The company’s revenue was up 8.4% on a year-over-year basis. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. As a group, equities research analysts forecast that Toro Company will post 4.64 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Hillsdale Investment Management Inc. grew its position in Toro by 379.6% during the 4th quarter. Hillsdale Investment Management Inc. now owns 55,630 shares of the company’s stock worth $4,379,000 after acquiring an additional 44,030 shares during the last quarter. Hsbc Holdings PLC increased its holdings in Toro by 160.8% in the 2nd quarter. Hsbc Holdings PLC now owns 41,067 shares of the company’s stock worth $3,976,000 after purchasing an additional 25,318 shares in the last quarter. LSV Asset Management bought a new position in Toro in the fourth quarter valued at about $1,078,000. SG Americas Securities LLC raised its position in Toro by 416.7% in the first quarter. SG Americas Securities LLC now owns 68,455 shares of the company’s stock valued at $6,396,000 after purchasing an additional 55,206 shares during the last quarter. Finally, Entropy Technologies LP acquired a new stake in shares of Toro during the fourth quarter valued at about $1,664,000. 87.95% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TTC has been the topic of several research analyst reports. Weiss Ratings raised Toro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 4th. Wall Street Zen downgraded Toro from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 5th. Robert W. Baird dropped their target price on shares of Toro from $105.00 to $100.00 and set a “neutral” rating for the company in a report on Friday, June 5th. Finally, DA Davidson reduced their price target on shares of Toro from $117.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday, September 4th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $107.50.

Toro Company Profile

The Toro Company (NYSE:TTC) is a Minnesota-based manufacturer of equipment and solutions for maintaining outdoor environments. Founded in 1914, the company serves professional and residential customers through products sold under brands including Toro, Exmark, and BOSS.

Toro’s product portfolio includes turf and landscape maintenance equipment, commercial and residential lawn mowers, irrigation systems, outdoor lighting, utility vehicles, compact utility loaders, and equipment for snow and ice management.