Symmetry Partners LLC Purchases Shares of 1,905 The Toro Company (NYSE:TTC)

Symmetry Partners LLC purchased a new stake in shares of The Toro Company (NYSE:TTC – Get Rating) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,905 shares of the company’s stock, valued at approximately $216,000.

Several other large investors have also added to or reduced their stakes in TTC. Oppenheimer Asset Management Inc. raised its position in shares of Toro by 0.7% during the third quarter. Oppenheimer Asset Management Inc. now owns 12,892 shares of the company’s stock valued at $1,115,000 after buying an additional 93 shares during the last quarter. Utah Retirement Systems raised its position in shares of Toro by 0.5% during the third quarter. Utah Retirement Systems now owns 18,638 shares of the company’s stock valued at $1,612,000 after buying an additional 100 shares during the last quarter. Dearborn Partners LLC raised its position in shares of Toro by 2.8% during the third quarter. Dearborn Partners LLC now owns 3,864 shares of the company’s stock valued at $334,000 after buying an additional 104 shares during the last quarter. CWM LLC raised its position in shares of Toro by 27.8% during the third quarter. CWM LLC now owns 602 shares of the company’s stock valued at $52,000 after buying an additional 131 shares during the last quarter. Finally, Waldron Private Wealth LLC raised its position in shares of Toro by 4.8% during the third quarter. Waldron Private Wealth LLC now owns 3,163 shares of the company’s stock valued at $273,000 after buying an additional 144 shares during the last quarter. Hedge funds and other institutional investors own 85.14% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TTC shares. Raymond James upgraded shares of Toro from a “market perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research report on Friday, December 23rd. StockNews.com cut shares of Toro from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, Robert W. Baird reduced their price target on shares of Toro from $120.00 to $116.00 in a research report on Thursday, December 22nd.

Insider Buying and Selling at Toro

In other Toro news, VP Blake M. Grams sold 6,199 shares of the business’s stock in a transaction on Tuesday, December 27th. The shares were sold at an average price of $114.01, for a total transaction of $706,747.99. Following the transaction, the vice president now owns 36,998 shares in the company, valued at $4,218,141.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, VP Richard W. Rodier sold 3,000 shares of the business’s stock in a transaction on Friday, January 6th. The shares were sold at an average price of $112.72, for a total transaction of $338,160.00. Following the completion of the sale, the vice president now directly owns 23,737 shares of the company’s stock, valued at $2,675,634.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Blake M. Grams sold 6,199 shares of the business’s stock in a transaction on Tuesday, December 27th. The shares were sold at an average price of $114.01, for a total transaction of $706,747.99. Following the sale, the vice president now directly owns 36,998 shares of the company’s stock, valued at $4,218,141.98. The disclosure for this sale can be found here. Insiders have sold 51,733 shares of company stock worth $5,805,159 over the last quarter. Insiders own 2.22% of the company’s stock.

Toro Trading Down 1.7 %

TTC stock opened at $106.02 on Friday. The company has a quick ratio of 0.63, a current ratio of 1.78 and a debt-to-equity ratio of 0.76. The Toro Company has a twelve month low of $71.86 and a twelve month high of $117.66. The stock has a market capitalization of $11.06 billion, a price-to-earnings ratio of 23.25 and a beta of 0.73. The firm’s fifty day simple moving average is $111.77 and its two-hundred day simple moving average is $105.33.

Toro (NYSE:TTC – Get Rating) last posted its quarterly earnings data on Thursday, March 9th. The company reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.07. Toro had a net margin of 10.16% and a return on equity of 36.04%. The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the previous year, the business posted $0.66 earnings per share. The business’s revenue was up 23.2% compared to the same quarter last year. As a group, analysts anticipate that The Toro Company will post 4.9 earnings per share for the current year.

About Toro

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The Toro Co is in the business of designing, manufacturing, marketing, and selling professional turf maintenance equipment and services. It operates through the following segments: Professional and Residential. The Professional segment consists of turf and landscape equipment, rental, specialty, and underground construction equipment, snow & ice management equipment, and irrigation and lighting products.