12,487 Shares in Toro Company (The) $TTC Acquired by Curated Wealth Partners LLC

Curated Wealth Partners LLC acquired a new stake in Toro Company (The) (NYSE:TTC) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 12,487 shares of the company’s stock, valued at approximately $1,204,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TTC. Pinnacle Bancorp Inc. purchased a new stake in shares of Toro during the first quarter valued at approximately $39,000. Security National Bank of SO Dak purchased a new position in shares of Toro in the second quarter worth $58,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Toro by 237.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 769 shares of the company’s stock worth $75,000 after buying an additional 541 shares during the period. Root Financial Partners LLC raised its holdings in Toro by 277.8% during the 1st quarter. Root Financial Partners LLC now owns 971 shares of the company’s stock valued at $91,000 after buying an additional 714 shares during the last quarter. Finally, Elevation Wealth Partners LLC raised its holdings in Toro by 52.1% during the 3rd quarter. Elevation Wealth Partners LLC now owns 1,197 shares of the company’s stock valued at $115,000 after buying an additional 410 shares during the last quarter. Institutional investors own 87.95% of the company’s stock.

Toro Trading Up 2.0%

Shares of TTC traded up $1.96 during mid-day trading on Thursday, hitting $100.22. 249,501 shares of the company’s stock traded hands, compared to its average volume of 825,597. The company has a quick ratio of 0.74, a current ratio of 1.58 and a debt-to-equity ratio of 0.72. Toro Company has a 1 year low of $67.64 and a 1 year high of $105.18. The firm has a market capitalization of $9.49 billion, a P/E ratio of 26.80, a PEG ratio of 2.11 and a beta of 0.66. The business’s 50-day moving average price is $96.70 and its 200-day moving average price is $94.56.

Toro (NYSE:TTC) last announced its quarterly earnings results on Thursday, September 3rd. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.02. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. Toro had a return on equity of 31.86% and a net margin of 7.64%. The firm’s revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.24 earnings per share. Toro has set its FY 2026 guidance at 4.600-4.650 EPS. As a group, sell-side analysts forecast that Toro Company will post 4.64 EPS for the current fiscal year.

Toro Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, October 6th. Toro’s dividend payout ratio is presently 41.71%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TTC. Weiss Ratings raised shares of Toro from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Oppenheimer started coverage on shares of Toro in a research note on Wednesday, September 23rd. They set an “outperform” rating and a $120.00 price objective for the company. DA Davidson dropped their target price on shares of Toro from $117.00 to $115.00 and set a “buy” rating for the company in a report on Friday, September 4th. Finally, Wall Street Zen lowered shares of Toro from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 4th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Toro presently has a consensus rating of “Moderate Buy” and a consensus target price of $111.67.

Toro Company Profile

The Toro Company (NYSE:TTC) designs, manufactures and markets equipment and systems used to maintain landscapes, turf and outdoor environments. Its products serve professional contractors, golf courses, sports fields, municipalities, rental companies, construction and utility operators, and residential customers.

The company’s product portfolio includes commercial and residential mowers, turf maintenance equipment, irrigation systems, snow and ice management equipment, compact utility loaders, trenchers, underground construction equipment and related attachments.