The Toro Company director Gary Lee Ellis reported an option exercise and related share sale. On June 9, 2026, he exercised a non-qualified stock option covering 4,951 shares of common stock at an exercise price of $47.17 per share and sold 4,951 common shares in an open-market transaction at $91.91 per share.
After these transactions, he directly holds 35,297 shares of Toro common stock and 4,193.177 common stock units. The units total includes 35.086 common stock units acquired through the dividend reinvestment feature of The Toro Company Deferred Compensation Plan for Non-Employee Directors since his prior report.
The Toro Company reported stronger results for the quarter ended May 1, 2026, with net sales of $1,424.7 million up from $1,317.9 million a year earlier and net earnings rising to $145.4 million from $136.8 million. Diluted earnings per share were $1.50 versus $1.37.
For the first six months of fiscal 2026, net sales reached $2,461.0 million and net earnings were $213.3 million. Cash flow from operating activities improved to $293.5 million. Toro also closed the Tornado Infrastructure Equipment acquisition for cash consideration of $210.3 million, adding $138.1 million of goodwill and expanding its Professional segment.
The Toro Company reported strong fiscal second-quarter results with broad-based growth and higher profitability. Net sales rose 8.1% year-over-year to $1.42 billion, while diluted EPS increased to $1.50 from $1.37. Adjusted diluted EPS grew 12.7% to $1.60, reflecting margin expansion and operational improvements.
Professional segment sales grew 9.1% to $1.11 billion and Residential segment sales rose 4.4% to $310.4 million, with both segments posting higher margins. For the six-month period, free cash flow reached $265.5 million, more than tripling the prior year.
Given this performance, Toro raised its full-year outlook and now expects fiscal 2026 net sales growth of 4.0%–6.5% and adjusted EPS of $4.50–$4.62. Management highlighted resilient demand despite macroeconomic and inflationary headwinds.
The Toro Company reports that Vanguard Capital Management beneficially owned 5,136,124 shares of Common Stock, representing 5.29% of the class as of 03/31/2026. The filing states Vanguard exercises sole dispositive power over the 5,136,124 shares and holds sole voting power for 747,816 shares.
Toro Co/The reports that Vanguard Portfolio Management beneficially owned 5,219,321 shares of Common Stock, representing 5.38% of the class as reported.
The filing states Vanguard Portfolio Management has sole voting power for 14,649 shares and sole dispositive power for 5,219,321 shares. The disclosure explains these holdings include securities held for Vanguard funds and managed accounts. The form is signed on 04/29/2026 and cites the position as of 03/31/2026.
TORO CO executive Lori Riley, VP of Human Resources, exercised restricted stock units into 13.942 shares of common stock on April 14, 2026 at $97.74 per share. Of these, 5 shares were withheld to cover tax obligations, leaving a small net increase in directly held shares.
After the transactions, Riley holds 1,757.993 shares of Toro common stock directly, plus 2,018.020 restricted stock units that may convert into the same number of shares as they vest. She also has an indirect interest in 1.004 shares through The Toro Company Retirement Plan, including a small amount acquired via dividend reinvestment.
TTC reported a Section 144 notice for planned sales of common stock. The filing lists Fidelity Brokerage Services LLC as the broker and shows an option grant dated 12/23/2024. It also records prior sales by Jason Baab on 01/12/2026.
Toro Co vice president of human resources Lori Riley exercised restricted stock units into common shares and used stock to cover taxes. On April 1, 2026, she converted 3,494.051 restricted stock units into the same number of Toro common shares at a stated value of $93.49 per share.
Of these shares, 1,745 were withheld to satisfy tax obligations, leaving her with 1,749.051 additional directly held shares. After the transactions, she directly owned 3,494.051 common shares and indirectly held 1 share through The Toro Company Retirement Plan. She also retained unvested restricted stock units covering 2,010 underlying shares that will vest in installments beginning one year after the April 1, 2025 and December 22, 2025 grant dates.
Toro Co/The received an amended Schedule 13G from The Vanguard Group reporting disaggregated holdings after an internal realignment. The filing states amount beneficially owned: 0 and percent of class: 0%, with all voting and dispositive powers listed as 0.
The amendment cites SEC Release No. 34-39538 and explains certain Vanguard subsidiaries will report separately following the realignment.