Trump/Putin summit, UnitedHealth and Japan’s GDP - what’s moving markets
Ellis Gary Lee, a director at Toro Co (NYSE:TTC), recently reported significant stock transactions. According to InvestingPro data, Toro maintains strong financial health with a current ratio of 1.81, indicating solid liquidity. The company appears undervalued based on InvestingPro’s Fair Value analysis. On June 11, 2025, Ellis exercised stock options to acquire 5,038 shares of Toro Co’s common stock at $37.67 per share. Subsequently, the same number of shares was sold at $70.81 per share, resulting in a total sale value of $356,740. The transaction price was close to the current market price of $69.81.
Following these transactions, Ellis holds 34,062 shares of common stock directly. Additionally, Ellis has 4,116.266 common stock units, which include 42.475 units acquired through the dividend reinvestment feature of Toro’s Deferred Compensation Plan for Non-Employee Directors. Notably, InvestingPro analysis reveals that management has been aggressively buying back shares, and the company has maintained dividend payments for 42 consecutive years, demonstrating strong shareholder commitment.
In other recent news, Toro Company reported its second-quarter earnings for fiscal year 2025, surpassing analysts’ expectations with an adjusted earnings per share (EPS) of $1.42 compared to the forecasted $1.38. Despite this earnings beat, Toro’s consolidated net sales were $1.32 billion, slightly below the anticipated $1.35 billion, marking a modest year-over-year decline. The company also announced significant share repurchase activity, buying back $200 million of its shares year-to-date, indicating confidence in its financial stability. However, challenges in the residential segment and the impact of tariffs have led to a reduction in Toro’s full-year guidance, with the company now expecting flat to a 3% revenue decline for the year.
Analyst firms have reacted to these developments with mixed assessments. DA Davidson maintained a Neutral rating on Toro but lowered the stock’s price target from $80 to $76, citing cautious consumer behavior and tariff concerns. Meanwhile, Northland downgraded Toro’s stock from Outperform to Market Perform, also reducing the price target to $80 from $100, following the company’s guidance cut. Both firms acknowledged the strong performance in Toro’s professional segments, which include golf and construction equipment, but noted the weakening demand in residential areas.
Toro’s management remains optimistic about the professional segments, driven by infrastructure and data center projects, and has introduced operational cost-saving measures to navigate the current economic environment. The company has also highlighted its strategic actions to mitigate tariff impacts, including optimizing its supply chain and implementing price adjustments. As Toro continues to address these challenges, investors will be closely monitoring the company’s ability to return to stronger earnings growth and adapt to market conditions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.