Paralel Advisors LLC Sells 12,050 Shares of Toro Company (The) $TTC

Paralel Advisors LLC trimmed its position in Toro Company (The) (NYSE:TTC) by 32.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,721 shares of the company’s stock after selling 12,050 shares during the period. Paralel Advisors LLC’s holdings in Toro were worth $2,408,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of TTC. Pinnacle Bancorp Inc. acquired a new stake in shares of Toro in the 1st quarter worth $39,000. Danske Bank A S purchased a new stake in Toro in the third quarter valued at about $46,000. Northwestern Mutual Wealth Management Co. boosted its holdings in 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 acquiring an additional 541 shares in the last quarter. Root Financial Partners LLC grew its stake in shares of Toro by 277.8% during the first quarter. Root Financial Partners LLC now owns 971 shares of the company’s stock worth $91,000 after acquiring an additional 714 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd purchased a new stake in shares of Toro during the third quarter worth about $119,000. 87.95% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Toro

In other Toro news, Director Gary Ellis sold 4,951 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $91.91, for a total transaction of $455,046.41. Following the sale, the director directly owned 35,297 shares of the company’s stock, valued at approximately $3,244,147.27. This trade represents a 12.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Edric C. Funk sold 527 shares of the business’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $97.97, for a total value of $51,630.19. The SEC filing for this sale provides additional information. Insiders have sold 12,934 shares of company stock worth $1,204,933 over the last 90 days. 1.88% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on TTC shares. DA Davidson decreased their price objective on shares of Toro from $117.00 to $115.00 and set a “buy” rating for the company in a research report on Friday. 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 research note on Friday, June 5th. Weiss Ratings raised shares of Toro from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 4th. Finally, Wall Street Zen downgraded shares of Toro from a “strong-buy” rating to a “buy” rating in a research note on Saturday. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Toro currently has a consensus rating of “Hold” and a consensus price target of $101.67.

More Toro News

Here are the key news stories impacting Toro this week:

• Positive Sentiment: Toro reported fiscal Q3 revenue of $1.23 billion, up 8.4% year over year and above the $1.19 billion consensus estimate. Adjusted earnings of $1.33 per share also exceeded analyst expectations and rose from $1.24 a year earlier. Toro Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: The company raised fiscal 2026 adjusted EPS guidance to $4.60-$4.65, from $4.50-$4.62, and increased its revenue-growth outlook to 6.3%-6.6%. The new earnings range is broadly in line with the $4.61 consensus estimate. Toro Reports Higher Earnings and Raises FY26 Outlook
• Positive Sentiment: Growth was broad-based, with Professional segment sales increasing 8.8% and Residential segment sales rising 8.6%. Gross margin improved to 34.1% from 33.7%, while Toro returned $110 million to shareholders during the quarter.
• Positive Sentiment: DA Davidson maintained a Buy rating and reduced its price target modestly to $115 from $117, still implying substantial upside from the referenced trading level.
• Neutral Sentiment: Although earnings and revenue beat estimates, reported GAAP diluted EPS was $0.81, reflecting the impact of items that distinguish it from the $1.33 adjusted EPS figure highlighted in market coverage. Toro Fiscal 2026 EPS Guidance
• Negative Sentiment: Insider activity was heavily weighted toward selling, including a substantial sale by Chairman and CEO Richard Olson. This may raise caution about management’s view of near-term valuation, despite the stronger operating results.

Toro Trading Up 0.1%

Toro stock opened at $93.45 on Monday. The stock has a 50-day moving average price of $96.21 and a 200 day moving average price of $94.94. The company has a market capitalization of $8.85 billion, a price-to-earnings ratio of 24.99 and a beta of 0.70. Toro Company has a 52 week low of $67.64 and a 52 week high of $105.18. 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 (NYSE:TTC) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $1.33 earnings per share for the quarter, topping 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 company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the company earned $1.24 EPS. Toro’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. Sell-side analysts anticipate that Toro Company will post 4.63 EPS for the current year.

Toro Company 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.