The Toro Company stock raises guidance after record quarterly results
Published on 10/01/2026 at 05:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The Toro Company (ISIN US8984681085) was last quoted at EUR 85.46 on the Frankfurt listing on September 30, 2026 at 8:05 a.m. CEST. The central catalyst is fiscal third-quarter 2026 growth and a higher full-year outlook announced on September 3, 2026.
Sales rise across both divisions
According to Business Wire on September 3, 2026, fiscal Q3 net sales reached USD 1.23 billion for the three months ended July 31, 2026, up 8.40 percent from USD 1.13 billion a year earlier. Professional segment sales increased 8.80 percent to USD 1.01 billion, while Residential sales rose 8.60 percent to USD 209.30 million.
The earnings comparison was sharper than the sales increase. Reported diluted EPS climbed 50.00 percent year over year to USD 0.81 from USD 0.54, while adjusted EPS rose 7.30 percent to USD 1.33 from USD 1.24 in fiscal Q3 2025.
Guidance moves higher
The Toro raised fiscal 2026 net sales growth guidance to 6.30 percent to 6.60 percent from 4.00 percent to 6.50 percent, according to Business Wire. Adjusted EPS guidance also increased to USD 4.60 to USD 4.65 from USD 4.50 to USD 4.62.
That upgrade gives the quarterly figures a forward link, but the segment detail is mixed. Professional segment earnings rose to USD 211.80 million from USD 198.50 million, while its margin declined to 20.90 percent from 21.30 percent because of material costs and product mix. Residential earnings improved to USD 12.40 million from USD 3.70 million.
Analyst target remains above market
Oppenheimer initiated coverage with an Outperform rating and a USD 120.00 price target on September 23, 2026, as reported by MarketBeat. The same report cited a Hold consensus and an average target of USD 111.67, putting the analyst view above the USD 96.42 primary-exchange quote from September 30, 2026.
Euro quote stays the reference
The Toro Company was last at EUR 85.46 on the Frankfurt listing on September 30, 2026 at 8:05 a.m. CEST. The next market signal is whether the higher fiscal outlook can convert the Professional segment's sales growth into a stable margin trend.
The Toro Company stock facts
- Company: The Toro Company
- ISIN: US8984681085
- Ticker: TTC
- Primary exchange: NYSE
- Price Frankfurt listing: EUR 85.46 as of September 30, 2026 at 8:05 a.m. CEST
- Market capitalization: USD 9.2 billion as of September 30, 2026
- Sector / Industry: Industrials / Manufacturing - Tools and Accessories
