the toro company (nyse: ttc) is a leading worldwide provider of innovative solutions for the outdoor environment including turf, snow and ground engaging equipment, and irrigation and outdoor lighting solutions. with sales of $2.2 billion in fiscal 2014, toro’s global presence extends to more than 90 countries. through constant innovation and caring relationships built on trust and integrity, toro and its family of brands have built a legacy of excellence by helping customers care for golf courses, landscapes, sports fields, public green spaces, commercial and residential properties and agricultural fields. for more information, visit www.toro.com.
Company profile
Ticker
TTC
Exchange
Website
CEO
Richard Olson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Graze ...
SEC CIK
Corporate docs
Subsidiaries
Anvil Land and Properties, Inc. • Bad Dawg Accessories, LLC • Bureau Commercial Marketing SAS • Envy Neighborhood Vehicle, LLC • Exmark Manufacturing Company Incorporated • Georgia Equipment Specialists, LLC • Gourmet Guru Grill, LLC • Hayter Holdings Limited • Intimidator, LLC • Irritrol Systems Europe Productions S.r.l. ...
IRS number
410580470
TTC stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
7 Sep 23
8-K
The Toro Company Reports Fiscal 2023 Third-Quarter Results and Revises Full-Year Outlook
7 Sep 23
10-Q
2023 Q2
Quarterly report
8 Jun 23
8-K
The Toro Company Reports Record Results for the Second-Quarter of Fiscal 2023
8 Jun 23
SD
Conflict minerals disclosure
30 May 23
8-K
Amendments to Articles of Incorporation or Bylaws
30 May 23
8-K
Departure of Directors or Certain Officers
24 May 23
8-K
Departure of Directors or Certain Officers
15 May 23
8-K
Submission of Matters to a Vote of Security Holders
22 Mar 23
10-Q
2023 Q1
Quarterly report
9 Mar 23
Transcripts
TTC
Earnings call transcript
2023 Q1
9 Mar 23
TTC
Earnings call transcript
2022 Q4
21 Dec 22
TTC
Earnings call transcript
2022 Q3
1 Sep 22
TTC
Earnings call transcript
2022 Q2
2 Jun 22
TTC
Earnings call transcript
2022 Q1
4 Mar 22
TTC
Earnings call transcript
2021 Q4
15 Dec 21
TTC
Earnings call transcript
2021 Q3
2 Sep 21
TTC
Earnings call transcript
2021 Q2
3 Jun 21
TTC
Earnings call transcript
2021 Q1
4 Mar 21
TTC
Earnings call transcript
2020 Q4
16 Dec 20
Latest ownership filings
Financial summary
| Quarter (USD) | Aug 23 | May 23 | Feb 23 | Oct 22 | |
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| Diluted EPS |
| Annual (USD) | Oct 22 | Oct 21 | Oct 20 | Oct 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 147.93 mm | 147.93 mm | 147.93 mm | 147.93 mm | 147.93 mm | 147.93 mm |
| Cash burn (monthly) | 1.13 mm | 6.97 mm | 9.52 mm | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 4.53 mm | 28.06 mm | 38.32 mm | n/a | n/a | n/a |
| Cash remaining | 143.39 mm | 119.87 mm | 109.60 mm | n/a | n/a | n/a |
| Runway (months of cash) | 127.3 | 17.2 | 11.5 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
87.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 449 |
| Opened positions | 48 |
| Closed positions | 77 |
| Increased positions | 148 |
| Reduced positions | 169 |
| 13F shares | Current |
|---|---|
| Total value | 7.46 tn |
| Total shares | 90.29 mm |
| Total puts | 121.40 k |
| Total calls | 182.20 k |
| Total put/call ratio | 0.7 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 10.39 mm | $863.25 bn |
| BLK Blackrock | 10.23 mm | $850.20 bn |
| Select Equity | 5.71 mm | $474.31 bn |
| T. Rowe Price | 5.17 mm | $429.83 bn |
| Kayne Anderson Rudnick Investment Management | 4.18 mm | $347.38 bn |
| STT State Street | 3.35 mm | $278.05 bn |
| Mairs & Power | 3.21 mm | $266.47 bn |
| Victory Capital Management | 3.10 mm | $257.62 bn |
| JPM JPMorgan Chase & Co. | 2.68 mm | $222.31 bn |
| Champlain Investment Partners | 2.49 mm | $206.77 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 Nov 23 | Kevin N Carpenter | Common Stock | Payment of exercise | Dispose F | No | No | 83 | 2,718 | 225.59 k | 3,410.136 |
| 30 Nov 23 | Kevin N Carpenter | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,958.872 | 0.00 | 6,128.136 |
| 30 Nov 23 | Kevin N Carpenter | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 5,958.872 | 0.00 | 5,958.869 |
| 2 Nov 23 | Kevin L Smith | Common Stock | Payment of exercise | Dispose F | No | No | 83.7 | 212 | 17.74 k | 2,450.433 |
| 2 Nov 23 | Kevin L Smith | Common Stock | Option exercise | Acquire M | No | No | 0 | 726.203 | 0.00 | 2,662.433 |
| 2 Nov 23 | Kevin L Smith | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 726.203 | 0.00 | 0 |
| 1 Nov 23 | Cooper Janet Katherine | Common Stock | Grant | Acquire A | No | No | 0 | 943 | 0.00 | 2,599 |
| 1 Nov 23 | Cooper Janet Katherine | NQSO Common Stock | Grant | Acquire A | No | No | 81.03 | 2,130 | 172.59 k | 2,130 |
| 1 Nov 23 | Eric P Hansotia | Common Stock | Grant | Acquire A | No | No | 0 | 943 | 0.00 | 1,882 |
| 1 Nov 23 | Eric P Hansotia | NQSO Common Stock | Grant | Acquire A | No | No | 81.03 | 2,130 | 172.59 k | 2,130 |
News
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16 Nov 23
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8 Nov 23
Unlocking Value and Investor Rewards: Toro Thrives with Strong Performance and Growing Profits
18 Oct 23
Toro: Dividend Insights
28 Sep 23
Stocks That Hit 52-Week Lows On Thursday
21 Sep 23
Press releases
The Toro Company to Announce Fiscal 2023 Full-Year Results
16 Nov 23
Turf Sprayers Market Set to Reach US$ 1.29 Billion by 2033
26 Oct 23
Fraise Mower Market Growth to Reach US$ 4.52B by 2033
26 Oct 23
The Toro Company to Present at the Baird 2023 Global Industrial Conference
24 Oct 23
Golf Course Equipment Market is projected to grow at a CAGR of 4.5% within the forecast period of 2023-2030: Cognitive Market Research
17 Oct 23