Wall Street Zen cuts Toro rating to Buy for The Toro Company stock

Published on 10/06/2026 at 15:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal Q3 revenue reached USD 1.23 billion, up 8.40 percent year over year. The Toro Company stock stood at EUR 88.02 on October 6, 2026.

TTC, US8910921084, Illustration mit AI erstellt.

The Toro Company (ISIN US8910921084) is priced at EUR 88.02 at Lang & Schwarz on October 6, 2026 at 3:15 p.m. CEST. Wall Street Zen downgraded The Toro Company from strong-buy to buy in a research report dated October 4, 2026, according to MarketBeat.

Rating turns more cautious

The rating change leaves the broader analyst view at Hold, with an average target of USD 111.67, according to MarketBeat on October 4, 2026. The same report lists two Buy ratings and four Hold ratings, giving investors a split view rather than a broad upgrade cycle.

Oppenheimer initiated coverage with an Outperform rating and a USD 120.00 target on September 23, 2026, while DA Davidson cut its target from USD 117.00 to USD 115.00 on September 4, 2026, both reported by MarketBeat. The USD 111.67 consensus target is therefore materially above the current analyst snapshot, but the rating mix points to valuation debate.

Q3 sales rise 8.40 percent

For fiscal Q3 2026, The Toro Company reported net sales of USD 1.23 billion, compared with USD 1.13 billion in fiscal Q3 2025. Diluted earnings per share increased to USD 0.81 from USD 0.54, while net earnings reached USD 77.0 million versus USD 53.5 million in the prior-year quarter, according to the company's fiscal Q3 filing covered by MetaTrader.

The filing identifies sales growth of 8.40 percent and net earnings growth of 44.00 percent in fiscal Q3 2026. Operating earnings rose to USD 115.2 million from USD 64.8 million, although the comparison benefited from an USD 81.1 million impairment charge in fiscal Q3 2025 that did not recur.

Dividend date meets market view

The Toro Company declared a quarterly cash dividend of USD 0.39 per share on September 22, 2026, payable on October 20, 2026 to shareholders of record on October 6, 2026, per the company's investor-relations page. The declaration represents a 1.60 percent annualized yield in the dividend report from MarketBeat.

The company also reported USD 476.2 million of operating cash flow for the first nine months of fiscal 2026 and maintained fiscal 2026 earnings-per-share guidance of USD 4.60 to USD 4.65. That combination of higher sales, cash generation and unchanged guidance provides the operating counterweight to the more cautious rating signal.

EUR 88.02 in afternoon trading

The Toro Company was trading at EUR 88.02 at Lang & Schwarz on October 6, 2026 at 3:15 p.m. CEST. The primary listing is on the NYSE in USD, and the 52-week range was USD 67.64 to USD 105.19 as of October 5, 2026. Market capitalization was USD 9.4 billion as of October 5, 2026.