Toro Company (TTC)

In December 2025, The Toro Company completed the acquisition of Tornado Infrastructure Equipment Ltd., declared a regular quarterly cash dividend, and authorized the repurchase of up to an additional 6 million shares; fiscal 2025 full-year results were announced, reporting better-than-expected revenue in Q3 CY2025, though sales were flat year-on-year. In March 2026, the company reported its fiscal first-quarter 2026 results, exceeding expectations for net sales and adjusted earnings, driven by strong execution in both Professional and Residential segments and increased demand for snow and ice products; the company also raised its full-year guidance and declared a regular quarterly cash dividend. As of May 7, 2026, the share price was $95.38, representing a 32.86% increase over the share price on May 8, 2025; analysts have given the stock a consensus recommendation of "Hold", and the stock price gained 0.126% on May 8, 2026, rising to $95.50.

Demand for The Toro Company's products is seasonal, particularly for its Residential segment, with lawn and garden product shipments typically occurring between February and June and snow thrower product shipments primarily happening between July and January. The Professional segment, while also experiencing some seasonality, has shown strong demand in areas like golf, grounds, and underground construction equipment. The company's global presence helps to somewhat moderate this seasonality due to opposite seasons in different markets. Weather-driven seasonality (snowfall and drought) and residential cyclical spending are key risks.

The Toro Company (TTC) is a global provider of solutions for the outdoor environment, operating within the Capital Goods sector, specifically in the Agricultural and Farm Machinery industry. The company's business is segmented into Professional and Residential. The Professional segment includes turf and landscape maintenance equipment, snow and ice management equipment, underground construction equipment, rental and specialty construction equipment, and irrigation and outdoor lighting solutions. Key brands in this segment include Toro, Ditch Witch, Exmark, BOSS, Ventrac, American Augers, Subsite, HammerHead, Radius, Perrot, and Unique Lighting Systems. The Residential segment includes walk power mowers, riding mowers, snow throwers, and yard tools, with brands like Toro and Lawn-Boy. The company is focused on innovation in alternative power, smart-connected, and autonomous solutions.

The Toro Company has a global presence, serving customers in more than 125 countries. North America, particularly the United States, is its primary revenue-generating market, accounting for approximately 70-80% of sales. International markets contribute 20-25% of sales, with Europe, the Middle East, and Africa forming the largest international block.

The Toro Company has a long-standing reputation built on quality and caring relationships since its founding in 1914. The company emphasizes innovation, sustainability, and customer relationships. Its brands, such as Toro, Ditch Witch, Exmark, and BOSS, are well-recognized in their respective markets. The company's commitment to sustainability is evident in its advancements in water-saving irrigation technologies and battery/hybrid solutions. In March 2026, Scholarship America and The Toro Company celebrated 50 years of investing in students, which could positively impact brand perception.

The Toro Company's ownership is primarily institutional, with 564 institutional owners and shareholders holding a total of 86,144,420 shares as of May 8, 2026. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Kayne Anderson Rudnick Investment Management Llc., State Street Corp., Mairs & Power Inc., Allspring Global Investments Holdings, LLC., Aqr Capital Management Llc., Geode Capital Management, Llc., Neuberger Berman Group LLC., and Price T Rowe Associates Inc /md/. Individual insider holdings are a low-single-digit percentage of shares outstanding, and there is no majority owner or founder family block; Michael J. Hoffman is noted as the largest individual shareholder, owning 1.62 million shares, representing 1.67% of the company.