Company profile

Ticker
TTC
Exchange
CEO
Richard M. Olson
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
410580470

TTC stock data

(
)

Calendar

4 Jun 20
8 Jul 20
31 Oct 20

News

Company financial data Financial data

Quarter (USD) May 20 Jan 20 Oct 19 Aug 19
Revenue 929.4M 767.48M 734.38M 838.71M
Net income 98.45M 70.09M 38.27M 60.61M
Diluted EPS 0.91 0.65 0.35 0.56
Net profit margin 10.59% 9.13% 5.21% 7.23%
Operating income 125.8M 91.13M 43.31M 73.94M
Net change in cash 91.09M -42.91M 8.51M -36.76M
Cash on hand 200M 108.91M 151.83M 143.32M
Cost of revenue 622.68M 479.4M 489.31M 572.73M
Annual (USD) Oct 19 Oct 18 Oct 17 Oct 16
Revenue 3.14B 2.62B 2.51B 2.39B
Net income 273.98M 271.94M 267.72M 230.99M
Diluted EPS 2.53 2.5 2.41 2.06
Net profit margin 8.73% 10.38% 10.69% 9.66%
Operating income 325.03M 373.09M 355.11M 334.4M
Net change in cash -137.3M -21.13M 36.7M 147.28M
Cash on hand 151.83M 289.12M 310.26M 273.56M
Cost of revenue 2.09B 1.68B 1.58B 1.52B

Financial data from Toro earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
25 Jun 20 Harless Katherine J Common Stock Payment of exercise Dispose F No 64.64 1,015 65.61K 76,105.466
25 Jun 20 Harless Katherine J NQSO Common Stock Option exercise Dispose M No 14.12 4,622 65.26K 0
25 Jun 20 Harless Katherine J Common Stock Option exercise Aquire M No 14.12 4,622 65.26K 77,120.466
24 Jun 20 Harless Katherine J Common Stock Payment of exercise Dispose F No 64.67 1,015 65.64K 72,498.466
24 Jun 20 Harless Katherine J Common Stock Option exercise Aquire M No 14.12 4,622 65.26K 73,513.466
24 Jun 20 Harless Katherine J NQSO Common Stock Option exercise Dispose M No 14.12 4,622 65.26K 4,622
17 Jun 20 Harless Katherine J Common Stock Gift Dispose G No 0 1,780 0 68,891.466
12 Jun 20 Ellis Gary Lee Common Stock Sell Dispose S No 68.0441 9,244 629K 29,645
12 Jun 20 Ellis Gary Lee Common Stock Option exercise Aquire M No 14.12 9,244 130.53K 38,889
12 Jun 20 Ellis Gary Lee NQSO Common Stock Option exercise Dispose M No 14.12 9,244 130.53K 0
82.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 365 374 -2.4%
Opened positions 43 46 -6.5%
Closed positions 52 39 +33.3%
Increased positions 110 123 -10.6%
Reduced positions 148 129 +14.7%
13F shares
Current Prev Q Change
Total value 398.01B 436.18B -8.8%
Total shares 88.42M 89.07M -0.7%
Total puts 6.8K 25.5K -73.3%
Total calls 18.4K 42.2K -56.4%
Total put/call ratio 0.4 0.6 -38.8%
Largest owners
Shares Value Change
Vanguard 11.39M $741.45M +2.4%
BLK BlackRock 9.43M $614.05M -2.2%
N Price T Rowe Associates 8.47M $551.27M -2.0%
Select Equity 5.85M $380.79B +12.1%
JPM JPMorgan Chase & Co. 3.96M $257.67M -0.8%
Kayne Anderson Rudnick Investment Management 3.36M $218.5M -0.4%
NEU Neuberger Berman 2.81M $182.66M -2.4%
STT State Street 2.71M $177.16M +2.6%
Pictet Asset Management 2.62M $170.48M -0.5%
Mairs & Power 2.48M $161.29M -1.1%
Largest transactions
Shares Bought/sold Change
Norges Bank 0 -1.03M EXIT
Champlain Investment Partners 902.74K +902.74K NEW
Select Equity 5.85M +633.31K +12.1%
Durable Capital Partners 431.86K +431.86K NEW
Schroder Investment Management 230.95K -331.11K -58.9%
Millennium Management 294.69K +294.69K NEW
MNGPF Man 42.7K -272.57K -86.5%
Vanguard 11.39M +262.36K +2.4%
Sirios Capital Management L P 248.08K +248.08K NEW
Allianz Asset Management GmbH 630.12K -240.11K -27.6%

Financial report summary

?
Risks
  • COVID-19 has materially adversely impacted our business, financial condition and operating results and will likely continue to adversely impact our business, financial condition and operating results and such impact could continue to be material.
  • Our recent acquisition of Venture Products, Inc. involves a number of risks, the occurrence of which could adversely affect our business, financial condition, and operating results.
Management Discussion
  • Worldwide consolidated net sales for the second quarter of fiscal 2020 were $929.4 million, down 3.4 percent compared to $962.0 million in the second quarter of fiscal 2019. For the year-to-date period of fiscal 2020, worldwide consolidated net sales were $1,696.9 million, up 8.4 percent compared to $1,565.0 million from the same period in the prior fiscal year.
  • Professional segment net sales for the second quarter of fiscal 2020 were $661.1 million, a decrease of 8.6 percent compared to $723.5 million in the second quarter of the prior fiscal year. This decrease was primarily due to the unfavorable impact of COVID-19 on our Professional businesses, partially offset by incremental net sales as a result of our acquisitions of CMW and Venture Products. For the year-to-date period of fiscal 2020, Professional segment net sales were $1,255.8 million, an increase of 6.6 percent compared to $1,178.5 million in the prior fiscal year comparable period. This increase was driven by incremental net sales as a result of our acquisitions of CMW and Venture Products, partially offset by the unfavorable impact of COVID-19 on our Professional businesses.
  • Residential segment net sales for the second quarter of fiscal 2020 were $262.0 million, an increase of 12.9 percent compared to $232.1 million in the second quarter of the prior fiscal year. For the year-to-date period of fiscal 2020, Residential segment net sales were $427.8 million, an increase of 13.4 percent compared to $377.3 million in the prior fiscal year comparable period. These increases were mainly driven by incremental sales to our expanded mass retail channel and strong retail demand driven by favorable weather conditions in key regions, new and enhanced products, and government mandated "shelter-in-place" and "stay-at-home" orders.
Content analysis ?
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