Toro Co (NYSE:TTC) VP Blake M. Grams sold 8,200 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $64.47, for a total transaction of $528,654.00. Following the transaction, the vice president now directly owns 8,200 shares in the company, valued at $528,654. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
Toro Co (NYSE:TTC) traded down $0.77 during trading hours on Wednesday, hitting $63.57. 648,018 shares of the stock were exchanged, compared to its average volume of 543,198. The stock has a market cap of $6,906.50, a P/E ratio of 28.76, a PEG ratio of 2.37 and a beta of 0.60. The company has a quick ratio of 0.81, a current ratio of 1.57 and a debt-to-equity ratio of 0.52. Toro Co has a 12-month low of $58.39 and a 12-month high of $73.86.
Toro (NYSE:TTC) last released its earnings results on Thursday, February 22nd. The company reported $0.48 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.04. The firm had revenue of $548.25 million for the quarter, compared to the consensus estimate of $538.92 million. Toro had a net margin of 9.67% and a return on equity of 44.59%. The company’s revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.41 EPS. analysts expect that Toro Co will post 2.72 EPS for the current fiscal year.
Several large investors have recently added to or reduced their stakes in TTC. Arrowstreet Capital Limited Partnership grew its position in shares of Toro by 143.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,028,994 shares of the company’s stock worth $67,121,000 after buying an additional 605,894 shares during the period. Two Sigma Advisers LP boosted its stake in Toro by 272.8% in the 4th quarter. Two Sigma Advisers LP now owns 581,325 shares of the company’s stock worth $37,920,000 after purchasing an additional 425,374 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Toro by 26.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,609,526 shares of the company’s stock worth $104,989,000 after purchasing an additional 340,039 shares in the last quarter. Two Sigma Investments LP boosted its stake in Toro by 4,672.6% in the 4th quarter. Two Sigma Investments LP now owns 314,990 shares of the company’s stock worth $20,547,000 after purchasing an additional 308,390 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in Toro by 33.2% in the 4th quarter. American Century Companies Inc. now owns 1,186,721 shares of the company’s stock worth $77,410,000 after purchasing an additional 295,592 shares in the last quarter. 74.52% of the stock is currently owned by hedge funds and other institutional investors.
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The Toro Company (Toro) is engaged in the designing, manufacturing, and marketing of professional turf maintenance equipment and services, turf irrigation systems, landscaping equipment and lighting products, snow and ice management products, agricultural micro-irrigation systems, rental and specialty construction equipment, and residential yard and snow thrower products.
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