Northland Capmk Has Pessimistic View of Toro FY2025 Earnings

Toro Company (The) (NYSE:TTC) – Analysts at Northland Capmk cut their FY2025 earnings per share (EPS) estimates for Toro in a note issued to investors on Tuesday, September 9th. Northland Capmk analyst E. Jackson now expects that the company will earn $4.15 per share for the year, down from their prior forecast of $4.23. Northland Capmk has a “Hold” rating on the stock. The consensus estimate for Toro’s current full-year earnings is $4.41 per share. Northland Capmk also issued estimates for Toro’s Q4 2025 earnings at $0.86 EPS, Q1 2026 earnings at $0.93 EPS, Q3 2026 earnings at $1.23 EPS, Q4 2026 earnings at $1.07 EPS, FY2027 earnings at $4.87 EPS and FY2028 earnings at $5.06 EPS.

Toro (NYSE:TTC) last posted its quarterly earnings data on Thursday, September 4th. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.02. Toro had a return on equity of 28.98% and a net margin of 7.37%.The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the previous year, the business earned $1.18 EPS. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. Toro has set its FY 2025 guidance at 4.150-4.150 EPS.

Other equities analysts have also issued research reports about the stock. DA Davidson raised their price objective on shares of Toro from $93.00 to $97.00 and gave the company a “buy” rating in a research report on Friday, September 5th. Northland Securities raised their price objective on shares of Toro from $80.00 to $90.00 and gave the company a “market perform” rating in a research report on Tuesday. Robert W. Baird raised their price objective on shares of Toro from $82.00 to $86.00 and gave the company a “neutral” rating in a research report on Friday, September 5th. Raymond James Financial reduced their price objective on shares of Toro from $95.00 to $90.00 and set an “outperform” rating for the company in a research report on Friday, June 6th. Finally, Longbow Research upgraded shares of Toro from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a research report on Monday, August 25th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $92.60.

Toro Trading Up 1.8%

Shares of TTC stock opened at $79.87 on Wednesday. The stock has a 50-day simple moving average of $76.60 and a 200 day simple moving average of $73.62. Toro has a fifty-two week low of $62.34 and a fifty-two week high of $89.50. The stock has a market capitalization of $7.82 billion, a P/E ratio of 24.20 and a beta of 0.80. The company has a quick ratio of 0.79, a current ratio of 1.88 and a debt-to-equity ratio of 0.72.

Institutional Trading of Toro

Several institutional investors have recently made changes to their positions in TTC. AQR Capital Management LLC boosted its holdings in shares of Toro by 1,184.6% during the first quarter. AQR Capital Management LLC now owns 1,963,253 shares of the company’s stock worth $142,827,000 after purchasing an additional 1,810,429 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of Toro by 16.4% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 8,187,609 shares of the company’s stock worth $595,649,000 after purchasing an additional 1,156,314 shares during the period. Boston Trust Walden Corp boosted its holdings in shares of Toro by 133.3% during the first quarter. Boston Trust Walden Corp now owns 779,419 shares of the company’s stock worth $56,703,000 after purchasing an additional 445,287 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Toro by 39.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,534,760 shares of the company’s stock worth $111,654,000 after purchasing an additional 434,257 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Toro by 172.9% during the fourth quarter. Ameriprise Financial Inc. now owns 368,368 shares of the company’s stock worth $29,508,000 after purchasing an additional 233,397 shares during the period. 87.95% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Toro

In other news, VP Kurt D. Svendsen sold 6,000 shares of Toro stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $70.99, for a total value of $425,940.00. Following the transaction, the vice president directly owned 11,646 shares of the company’s stock, valued at $826,749.54. This trade represents a 34.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.39% of the stock is currently owned by company insiders.

About Toro

The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential. The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders.