Chart - you can draw at the chart
Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
The Toro Company
Type
Public company
Traded as NYSE: TTC
S&P 400 Component
Industry Irrigation supplies,
landscape & turf maintenance products
Founded 1914
Headquarters Bloomington, Minnesota, U.S.
Key people
Richard Olson, President and CEO, Micheal J. Hoffman, Chairman of the Board
Products Professional and residential turf maintenance equipment and irrigation systems
Revenue Increase US$1.7 Billion (2010)
Number of employees
6,134 (full-time)
Website www.toro.com

The Toro Company is an American manufacturer of turf maintenance equipment (lawn mowers), snow removal equipment (snow blowers) and water-saving irrigation system supplies for commercial and residential gardens, public parks, golf courses, sports fields, and agricultural fields. The company is based in the Minneapolis suburb of Bloomington, Minnesota.

Founded as the Toro Motor Company in 1914 to build tractor engines for The Bull Tractor Company, Toro manufactures and sells turf and landscape maintenance equipment and precision irrigation systems for use by landscape contractors, golf course superintendents, sports fields and grounds managers, as well as individual consumers.

In 1986, Toro acquired the Wheel Horse Products Division of American Motors (AMC). Wheel Horse manufactured a wide range of lawn and garden tractors, as well as riding lawn mowers. The division was spun off from AMC so that the automaker could maintain focus on vehicles.

Lawn and garden tractors were then marketed under the Toro, Wheel Horse, as well as the Toro Wheel Horse names. Acquisitions continued with the purchase of Lawn-Boy in 1989, James Hardie Irrigation in 1996, Exmark Manufacturing in 1997, Hayter in 2005, Rain Master Irrigation Systems, and Turf Guard Wireless Monitoring Technology in 2007, TYCROP Manufacturing turf equipment product line in 2009, and USPraxis in 2010.

In the 1990s, then CEO Kendrick Melrose changed the company's strategy, shifting its focus to "professional maintenance markets" (such as golf courses, sports fields, municipal parks, and commercial properties). The strategy yielded higher margins and offered more protection from the uncertainty of weather and economic conditions than the highly competitive residential market segments. In 2007, almost 70 percent of the company's sales came from professional markets, versus one-third in 1990.

On Dec 5, 2001, Toro adopted new accounting rules the Emerging Issues Task Force had issued and restated the prior periods. The adoption of these rules had no effect on operating earnings or net income.

In 2007, the low-end lawn and garden tractor product manufacturing was outsourced to MTD Products, to be sold at Home Depot stores.

In 2014, the snowplow and snow removal equipment company Boss Products was purchased by Toro.

The company's products are marketed under several brands:

Investment goal date:
Dividends reinvested
The Toro Company TTC report Q3 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q1 2018
2018-02-24
--
--
Q4 2017
2017-12-06
--
--
Q3 2017
2017-08-24
0.6100
0.6100
Q2 2017
2017-05-25
1.0800
1.0800
Q1 2017
2017-02-23
0.4100
0.4100
Q4 2016
2016-12-08
0.2700
0.2700
Q3 2016
2016-08-18
0.5000
0.5000
Q2 2016
2016-05-19
0.9500
0.9500
Q1 2016
2016-02-18
0.3500
0.3500
Q4 2015
2015-12-03
0.2100
0.2100
There is presents forecasts or rating agencies and recommendation for investors about this ticker
Funds
Fund Name
Ticker shares
Bank of New York Mellon Corp
1814392
BlackRock Fund Advisors
4167894
BlackRock Inc.
8765260
BlackRock Institutional Trust Company, N.A.
3334176
COLUMBIA WANGER ASSET MANAGEMENT LLC
1439831
Fisher Asset Management, LLC
1739544
GOLDMAN SACHS GROUP INC
1385546
JANUS CAPITAL MANAGEMENT LLC
997631
JPMORGAN CHASE & CO
4664168
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC
1016138
MAIRS & POWER INC
3018974
Neuberger Berman Group LLC
3750642
PRICE T ROWE ASSOCIATES INC /MD/
6999098
STATE STREET CORP
2864010
Vanguard Group, Inc
9687572
Major Shareholders
Name Relationship
Total Shares
Holding stocks
COOPER JANET KATHERINE
0.0100% (6228)
LII / RESN / TTC /
COOPER JANET KATHERINE
0.0100% (7160)
LII / RESN / TTC /
BURKART PHILIP A
0.3000% (167391)
TTC /
HOFFMAN MICHAEL J
2.1500% (1197186)
DCI / TTC /
HARLESS KATHERINE J
0.0100% (7377)
TTC /
HARLESS KATHERINE J
0.1300% (71672)
TTC /
BUHRMASTER ROBERT C
0.0600% (33394)
SRDX / TTC /
TWOMEY CHRISTOPHER A
0.1000% (58440)
ACAT / TTC /
ETTINGER JEFFREY M
0.0600% (33574)
ECL / HRL / TTC /
ETTINGER JEFFREY M
0.0600% (34882)
ECL / HRL / TTC /
STEINHAFEL GREGG W
0.0900% (49187)
TGT / TTC /
STEINHAFEL GREGG W
0.0900% (50119)
TGT / TTC /
DRAZAN MICHAEL D
0.1000% (54487)
TTC /
BROWN WILLIAM E JR
0.3300% (181232)
TTC /
Ellis Gary Lee
0.0500% (26812)
HRC / MDT / TTC /
Ellis Gary Lee
0.0500% (27744)
HRC / MDT / TTC /
Rodier Richard W
0.0100% (7445)
TTC /
Redetzke Darren L
0.0100% (4957)
TTC /
Happe Michael J
0.0200% (11332)
TTC / WGO /
Larson Thomas J
0.0500% (25639)
TTC /
O'Rourke James Calvin
0.0200% (8484)
MOS / TTC /
O'Rourke James Calvin
0.0200% (9416)
MOS / TTC /
Altmaier Judy L
0.0100% (4012)
TTC /
PETERSON RENEE J
0.1000% (54472)
FELE / TTC /
Olson Richard M
0.0100% (5038)
TTC /
Svendsen Kurt D
0.0100% (7209)
TTC /
% ()