What is Northland Capmk's Forecast for Toro Q2 Earnings?

The Toro Company (NYSE:TTC - Free Report) - Research analysts at Northland Capmk issued their Q2 2025 earnings per share estimates for shares of Toro in a report issued on Thursday, December 19th. Northland Capmk analyst E. Jackson forecasts that the company will earn $1.57 per share for the quarter. The consensus estimate for Toro's current full-year earnings is $4.16 per share. Northland Capmk also issued estimates for Toro's Q4 2025 earnings at $0.97 EPS, FY2025 earnings at $4.28 EPS, Q1 2026 earnings at $0.94 EPS and FY2029 earnings at $5.17 EPS.

Toro (NYSE:TTC - Get Free Report) last issued its quarterly earnings data on Wednesday, December 18th. The company reported $0.95 EPS for the quarter, hitting analysts' consensus estimates of $0.95. Toro had a net margin of 8.89% and a return on equity of 25.94%. The business had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period last year, the business posted $0.71 earnings per share. The firm's quarterly revenue was up 9.4% on a year-over-year basis.

A number of other research firms have also recently issued reports on TTC. Robert W. Baird cut their target price on shares of Toro from $102.00 to $92.00 and set a "neutral" rating for the company in a research note on Friday, September 6th. DA Davidson dropped their target price on Toro from $103.00 to $88.00 and set a "neutral" rating for the company in a research report on Monday, September 9th. Northland Securities reaffirmed a "market perform" rating and set a $100.00 target price on shares of Toro in a research report on Friday, September 6th. StockNews.com upgraded shares of Toro from a "hold" rating to a "buy" rating in a research report on Monday, September 9th. Finally, Raymond James cut their target price on shares of Toro from $100.00 to $95.00 and set an "outperform" rating on the stock in a research note on Friday. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $93.75.

Toro Stock Down 1.6 %

Shares of NYSE TTC traded down $1.27 during trading hours on Monday, hitting $80.21. The company had a trading volume of 911,245 shares, compared to its average volume of 866,295. The company has a quick ratio of 0.85, a current ratio of 1.94 and a debt-to-equity ratio of 0.59. The firm's 50 day moving average is $84.07 and its 200-day moving average is $88.07. The stock has a market capitalization of $8.12 billion, a P/E ratio of 21.05 and a beta of 0.70. Toro has a 1-year low of $77.15 and a 1-year high of $100.93.

Toro Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 13th. Shareholders of record on Monday, December 23rd will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.52 annualized dividend and a dividend yield of 1.90%. This is a boost from Toro's previous quarterly dividend of $0.36. Toro's dividend payout ratio (DPR) is currently 37.91%.

Toro announced that its Board of Directors has approved a share buyback plan on Tuesday, December 10th that allows the company to buyback 4,000,000 shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

Institutional Investors Weigh In On Toro

Large investors have recently made changes to their positions in the business. Franklin Resources Inc. increased its stake in shares of Toro by 27.8% in the third quarter. Franklin Resources Inc. now owns 47,912 shares of the company's stock worth $3,989,000 after purchasing an additional 10,409 shares in the last quarter. Tidal Investments LLC grew its stake in shares of Toro by 79.2% during the third quarter. Tidal Investments LLC now owns 17,646 shares of the company's stock valued at $1,530,000 after buying an additional 7,798 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of Toro by 23.8% during the third quarter. Sanctuary Advisors LLC now owns 17,245 shares of the company's stock worth $1,468,000 after purchasing an additional 3,316 shares during the period. SkyView Investment Advisors LLC boosted its stake in shares of Toro by 3.0% during the 3rd quarter. SkyView Investment Advisors LLC now owns 10,168 shares of the company's stock valued at $882,000 after purchasing an additional 298 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Toro in the 3rd quarter worth about $592,000. 87.95% of the stock is owned by hedge funds and other institutional investors.

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.