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The Toro Company Appoints New President and COO

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The Toro Company Appoints New President and COO

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The Toro Company ( (TTC) ) has shared an update.

On August 7, 2025, The Toro Company appointed Edric C. Funk as President and Chief Operating Officer, effective September 1, 2025. Mr. Funk, who has been with the company since 1996, has held various roles, culminating in his recent position as group vice president of Golf, Grounds, and Irrigation. His new compensation package includes a base salary of $700,000, an increased annual incentive payout target, and a one-time grant of restricted stock units valued at approximately $1,500,000. This leadership change is expected to influence the company’s strategic direction and operational focus.

The most recent analyst rating on (TTC) stock is a Hold with a $88.00 price target. To see the full list of analyst forecasts on The Toro Company stock, see the TTC Stock Forecast page.

Spark’s Take on TTC Stock

According to Spark, TipRanks’ AI Analyst, TTC is a Outperform.

The Toro Company’s overall stock score reflects a stable financial foundation and operational efficiency, with some challenges in revenue growth and external headwinds. The technical indicators suggest moderate bullish momentum, while valuation metrics indicate the stock is fairly priced. The earnings call provided mixed signals, with strong EPS performance but concerns in the Residential segment and tariff impacts. Overall, the company is well-managed but faces strategic challenges that need addressing.

To see Spark’s full report on TTC stock, click here.

More about The Toro Company

The Toro Company operates in the manufacturing industry, focusing on products and services related to outdoor environments, including residential, landscape contractor, international, and commercial businesses. The company is known for its innovation in technology, research, and product management, particularly in areas like golf, grounds, and irrigation.

Average Trading Volume: 860,251

Technical Sentiment Signal: Sell

Current Market Cap: $7.38B

See more insights into TTC stock on TipRanks’ Stock Analysis page.

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