denkapparat Operations GmbH Buys 9,640 Shares of Toro Company (The) $TTC

denkapparat Operations GmbH lifted its position in Toro Company (The) (NYSE:TTC) by 147.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 16,192 shares of the company’s stock after acquiring an additional 9,640 shares during the period. denkapparat Operations GmbH’s holdings in Toro were worth $1,577,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in TTC. Goldman Sachs Group Inc. lifted its stake in Toro by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 456,861 shares of the company’s stock worth $33,237,000 after purchasing an additional 124,373 shares during the last quarter. Van ECK Associates Corp grew its stake in shares of Toro by 4.4% during the fourth quarter. Van ECK Associates Corp now owns 258,444 shares of the company’s stock valued at $20,345,000 after buying an additional 10,835 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Toro by 0.3% in the fourth quarter. Russell Investments Group Ltd. now owns 125,625 shares of the company’s stock worth $9,889,000 after buying an additional 410 shares during the period. Benjamin Edwards Inc. raised its holdings in shares of Toro by 22.0% in the second quarter. Benjamin Edwards Inc. now owns 74,419 shares of the company’s stock worth $7,250,000 after buying an additional 13,433 shares during the period. Finally, SG Americas Securities LLC lifted its stake in shares of Toro by 416.7% during the 1st quarter. SG Americas Securities LLC now owns 68,455 shares of the company’s stock worth $6,396,000 after acquiring an additional 55,206 shares during the last quarter. 87.95% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TTC has been the topic of a number of research analyst reports. Robert W. Baird cut their price target on shares of Toro from $105.00 to $100.00 and set a “neutral” rating on the stock in a report on Friday, June 5th. Weiss Ratings upgraded shares of Toro from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $102.33.

Insider Transactions at Toro

In other news, Director Gary Ellis sold 4,951 shares of the business’s stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $91.91, for a total value of $455,046.41. Following the completion of the transaction, the director owned 35,297 shares of the company’s stock, valued at $3,244,147.27. The trade was a 12.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Kurt Svendsen sold 6,600 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $93.09, for a total transaction of $614,394.00. Following the completion of the transaction, the vice president owned 12,166 shares of the company’s stock, valued at approximately $1,132,532.94. This represents a 35.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 12,934 shares of company stock worth $1,204,933 over the last three months. 1.88% of the stock is currently owned by insiders.

Toro Stock Performance

Shares of TTC opened at $92.82 on Friday. Toro Company has a 12 month low of $67.64 and a 12 month high of $105.18. The stock has a fifty day moving average price of $96.28 and a 200-day moving average price of $94.99. 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 firm has a market cap of $8.84 billion, a PE ratio of 26.75 and a beta of 0.70.

Toro (NYSE:TTC) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.02. Toro had a return on equity of 31.13% and a net margin of 7.29%.The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same quarter last year, the firm earned $1.24 EPS. The business’s quarterly revenue was up 8.4% on a year-over-year basis. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. Equities research analysts predict that Toro Company will post 4.6 earnings per share for the current fiscal year.

Key Stories Impacting Toro

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Toro exceeded third-quarter estimates, reporting adjusted EPS of $1.33 versus the $1.31 consensus and revenue of $1.23 billion versus $1.19 billion expected. Revenue increased 8.4% year over year, while adjusted EPS rose from $1.24 in the prior-year quarter. Toro Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: The company raised its fiscal 2026 outlook. Adjusted EPS guidance increased to $4.60-$4.65 from $4.50-$4.62, while expected sales growth improved to 6.3%-6.6% from 4.0%-6.5%. Gross margin also expanded to 34.1% from 33.7%, and operating earnings rose to $115.2 million from $64.8 million. Toro Q3 Sales Rise and Raises 2026 Outlook
• Positive Sentiment: Both major business segments contributed to growth: Professional segment sales increased 8.8% to $1.01 billion, and Residential segment sales rose 8.6% to $209.3 million. Toro also returned $110 million to shareholders during the quarter, bringing year-to-date distributions to $471 million. Toro Reports Higher Earnings and Raises Outlook
• Neutral Sentiment: The new fiscal 2026 adjusted EPS range of $4.60-$4.65 is centered near the $4.61 analyst estimate, while revenue guidance of approximately $4.8 billion is broadly in line with expectations. This may limit the upside reaction despite the quarterly beat.
• Negative Sentiment: Reported GAAP EPS was $0.81, substantially below the adjusted figure, highlighting the impact of adjustments that investors may scrutinize. In addition, disclosed insider activity showed substantially more selling than buying over the past six months, including a large sale by the chairman and CEO. Toro Insider Trading and Quarterly Results

About Toro

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.