The Toro Company (NYSE: TTC) reported fiscal third-quarter net sales of $1.23 billion, up 8.4% from a year earlier, for the quarter ended July 31, 2026. GAAP net earnings rose 43.9% to $77.0 million, while basic and diluted EPS were each $0.81.
The company raised its fiscal 2026 net sales growth outlook to 6.3% to 6.6%, from its prior range of 4.0% to 6.5%. It also raised adjusted EPS guidance to $4.60 to $4.65 from $4.50 to $4.62.
- Professional segment sales increased 8.8% to $1.01 billion.
- Residential segment sales increased 8.6% to $209.3 million.
- Operating earnings were $115.2 million, compared with $64.8 million a year earlier.
- The company returned $110 million to shareholders during the quarter, bringing its year-to-date total to $471 million.
- Third-quarter reported gross margin was 34.1%, compared with 33.7% in the prior-year period.
$TTC Insider Trading Activity
$TTC insiders have traded $TTC stock on the open market 14 times in the past 6 months. Of those trades, 1 have been purchases and 13 have been sales.
Here’s a breakdown of recent trading of $TTC stock by insiders over the last 6 months:
- RICHARD M OLSON (Chairman & CEO) sold 119,400 shares for an estimated $11,957,671
- KURT D SVENDSEN (VP, Technology) sold 6,600 shares for an estimated $614,394
- JAMES CALVIN O'ROURKE sold 4,951 shares for an estimated $492,129
- GARY LEE ELLIS sold 4,951 shares for an estimated $455,046
- GREGORY S JANEY (Group VP, Landscapes & Contrac) has made 0 purchases and 2 sales selling 3,500 shares for an estimated $334,127.
- PETER D MOELLER (Group VP, Undg, Spec Con & Inl) has made 0 purchases and 4 sales selling 2,000 shares for an estimated $186,825.
- EDRIC C FUNK (President & COO) has made 0 purchases and 3 sales selling 1,383 shares for an estimated $135,543.
- ANGELA C DRAKE (VP & CFO) purchased 160 shares for an estimated $14,400
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$TTC Hedge Fund Activity
We have seen 294 institutional investors add shares of $TTC stock to their portfolio, and 294 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VICTORY CAPITAL MANAGEMENT INC added 3,383,342 shares (+23064.6%) to their portfolio in Q2 2026, for an estimated $329,605,177
- NEUBERGER BERMAN GROUP LLC removed 1,664,314 shares (-98.5%) from their portfolio in Q2 2026, for an estimated $162,137,469
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,085,454 shares (-61.4%) from their portfolio in Q2 2026, for an estimated $105,744,928
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 784,995 shares (-9.9%) from their portfolio in Q2 2026, for an estimated $76,474,212
- AMUNDI removed 718,596 shares (-49.0%) from their portfolio in Q1 2026, for an estimated $67,145,610
- NORGES BANK added 717,864 shares (+144.0%) to their portfolio in Q2 2026, for an estimated $69,934,310
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 712,597 shares (+inf%) to their portfolio in Q2 2026, for an estimated $69,421,199
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.