1 day Ago By ABMN Staff
The Toro Company ( NYSE:TTC – Get Free Report ) was the recipient of some unusual options trading activity on Wednesday. Stock investors acquired 1,176 put options on the stock. This is an increase of approximately 1,709% compared to the typical daily volume of 65 put options.
Insider Activity at Toro In related news, CEO Richard M. Olson sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $95.
19, for a total transaction of $1,903,800.00. Following the transaction, the chief executive officer now owns 17,913 shares of the company’s stock, valued at $1,705,138.
47. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink . Insiders own 1.
62% of the company’s stock. Institutional Investors Weigh In On Toro A number of institutional investors have recently bought and sold shares of the business. Point72 Asia Singapore Pte.
Ltd. bought a new position in shares of Toro during the 2nd quarter worth about $284,000. Cim LLC increased its stake in Toro by 3.
1% in the second quarter. Cim LLC now owns 144,267 shares of the company’s stock valued at $13,490,000 after acquiring an additional 4,357 shares during the period. Sanctuary Advisors LLC bought a new stake in Toro in the second quarter valued at about $1,219,000.
Quarry LP bought a new stake in Toro in the second quarter valued at about $167,000. Finally, SkyView Investment Advisors LLC increased its stake in Toro by 8.9% in the second quarter.
SkyView Investment Advisors LLC now owns 9,870 shares of the company’s stock valued at $923,000 after acquiring an additional 803 shares during the period. Institutional investors and hedge funds own 87.95% of the company’s stock.
Analyst Ratings Changes View Our Latest Research Report on TTC Toro Trading Down 1.1 % Shares of Toro stock opened at $85.37 on Thursday.
The company’s fifty day simple moving average is $90.64 and its 200-day simple moving average is $89.46.
The company has a market cap of $8.76 billion, a price-to-earnings ratio of 33.74 and a beta of 0.
69. The company has a current ratio of 1.94, a quick ratio of 0.
85 and a debt-to-equity ratio of 0.59. Toro has a 1 year low of $77.
15 and a 1 year high of $102.00. Toro ( NYSE:TTC – Get Free Report ) last announced its quarterly earnings data on Thursday, September 5th.
The company reported $1.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.23 by ($0.
05). The company had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.
26 billion. Toro had a return on equity of 25.94% and a net margin of 8.
89%. The company’s revenue was up 6.9% on a year-over-year basis.
During the same quarter in the previous year, the business posted $0.95 EPS. As a group, sell-side analysts expect that Toro will post 4.
16 EPS for the current year. Toro Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 11th. Stockholders of record on Monday, September 30th will be paid a $0.
36 dividend. The ex-dividend date is Monday, September 30th. This represents a $1.
44 annualized dividend and a dividend yield of 1.69%. Toro’s payout ratio is 56.
92%. Toro Company Profile ( Get Free Report ) The Toro Company designs, manufactures, markets, and sells professional turf maintenance equipment and services. It operates through two segments: Professional and Residential.
The Professional segment offers turf and landscape equipment products, including sports fields and grounds mowing and maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, landscape creation and renovation equipment, and other maintenance equipment; rental, specialty, and underground construction equipment, such as horizontal directional drills, walk and ride trenchers, stand-on skid steers, vacuum excavators, stump grinders, turf renovation products, asset locators, pipe rehabilitation solutions, materials handling equipment, and other after-market tools; and snow and ice management equipment, such as snowplows, as well as stand-on snow and ice removal equipment, such as snowplow, snow brush, and snow thrower attachments, salt and sand spreaders, and related parts and accessories for light and medium duty trucks, utility task vehicles, skid steers, and front-end loaders. Featured Stories Receive News & Ratings for Toro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toro and related companies with MarketBeat.com's FREE daily email newsletter .
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