$TORO

TORO CORP.

No enriched coverage for $TORO in the last 7 days.

No SEC Form 4 filings for $TORO in the last 30 days.

See all $TORO insider activity →
Med

After-Hours Movers: COO, AEO, NAVN, AVAV, TORO

Cooper Cos. (COO) dropped 18% after retaining CooperSurgical and lowering Q4 and full-year guidance. American Eagle (AEO) fell 12% despite a Q2 beat due to profit-taking. Navan (NAVN) declined 11% after a beat-and-raise. AeroVironment (AVAV) rose 3% on a strong Q1 beat. Toro (TORO) gained 4% on plans to spin off its LPG fleet.

Toro stock rises 4% on plans to spin off LPG carrier business

Toro Corp. (TORO) shares rose 4% after announcing plans to spin off its LPG carrier business into a new public company, AI Okto Corp. AI Okto will list on the Nasdaq and include two LPG carriers and $45M in cash. Toro shareholders will receive AI Okto shares without additional action. The spin-off is subject to SEC and Nasdaq approval.

The Toro Company Q3 2026 Earnings Call Summary

The Toro Company reported Q3 2026 net sales growth of 8%, driven by landscape contractor and underground construction products. Residential margins expanded by 400 basis points. Full-year adjusted EPS guidance was raised to $4.60–$4.65. The company recorded a $43 million non-cash impairment charge and adjusted IEEPA refund expectations. Management highlighted growth opportunities in underground construction and data centers, and plans for a successor to the AMP productivity initiative.

TORO sentiment & insider activity

Recent TORO coverage spans financial news, earnings and corporate actions.

What's driving TORO

  • Share price uplift from strategic spin‑off announcement.

    investing.com · Sep 9, 2026

  • Spin‑off creates a pure‑play LPG company and distributes cash to shareholders.

    investing.com · Sep 9, 2026

  • Guidance raise suggests higher profitability and may lift the stock.

    yahoo.com · Sep 5, 2026

  • The announcement is a direct capital-return event (special dividend) with a defined cash/shares mix, likely supporting near-term sentiment but not changing fundamentals.

    manilatimes.net · Jun 5, 2026

  • Toro Corp (TORO) experienced a significant share price increase of over 70% following a special dividend declaration, indicating strong investor interest and positive sentiment. Insider purchases by CEO Petros Panagiotidis suggest confidence in the company's prospects. However, some analyst warnings about stretched valuations highlight potential risks of a short-term correction.

    Quiver Quantitative · Apr 25, 2026

AlphAI scores every news story that mentions TORO with an AI model for sentiment and relevance, and aggregates insider trades from TORO CORP.'s SEC EDGAR Form 4 filings. Figures refresh continuously.

News on $TORO

Score

After-Hours Movers: COO, AEO, NAVN, AVAV, TORO

Cooper Cos. (COO) dropped 18% after retaining CooperSurgical and lowering Q4 and full-year guidance. American Eagle (AEO) fell 12% despite a Q2 beat due to profit-taking. Navan (NAVN) declined 11% after a beat-and-raise. AeroVironment (AVAV) rose 3% on a strong Q1 beat. Toro (TORO) gained 4% on plans to spin off its LPG fleet.

$TOROHighAI 8/10

The Toro Company Q3 2026 Earnings Call Summary

The Toro Company reported Q3 2026 net sales growth of 8%, driven by landscape contractor and underground construction products. Residential margins expanded by 400 basis points. Full-year adjusted EPS guidance was raised to $4.60–$4.65. The company recorded a $43 million non-cash impairment charge and adjusted IEEPA refund expectations. Management highlighted growth opportunities in underground construction and data centers, and plans for a successor to the AMP productivity initiative.

Toro Corp. Announces Shareholder Election Results and Payment of Special Dividend

Toro Corp. (NASDAQ: TORO) said shareholder elections for its special dividend declared April 22, 2026 are complete. The $0.90 per common share dividend was paid June 5, 2026 to shareholders of record May 4, 2026, with elections resulting in about $3.8 million in cash and 5,707,246 shares. The share election price used was $3.8821 per share based on a 20-day VWAP through April 21, 2026.

Toro Corp Stock (TORO) Opinions on Special Dividend Announcement

Toro Corp (TORO) shares surged over 70% to $6.50 following a special dividend declaration, driven by strong cash flows and capital allocation, despite some analyst warnings about stretched valuations. Insider trading activity shows significant purchases by the CEO, Petros Panagiotidis, while institutional investors have mixed positions.

$DSSMed

12 Industrials Stocks Moving In Wednesday's Intraday Session

This article lists 12 industrial stocks that experienced significant movement during Wednesday's intraday trading session. It highlights both gainers, such as Toro Corp and Elong Power Holding, and losers, including DSS Inc. and FGI Industries, along with their respective percentage changes and market capitalizations.

$TOROMed

Toro Corp. sends dividend election notice to shareholders following December announcement

Toro Corp. (NASDAQ:TORO) has issued a dividend election notice to shareholders of record as of Tuesday, relating to a dividend initially announced on December 5. Shareholders have the opportunity to make an election regarding this dividend, which the company expects to pay on January 16, 2026. This information was included in a recent SEC filing, signed by Chairman and CEO Petros Panagiotidis.

$TOROMed

Toro Corp. Announces Special Dividend with Shareholder Options

Toro Corp. (TORO) has declared a $1.75 per share special dividend, offering shareholders the choice to receive it in cash or common shares. This dividend is payable on January 16, 2026, and a due bills period has been implemented by Nasdaq due to its significance relative to the company's stock price. Spark, TipRanks' AI Analyst, rates TORO as Neutral, noting its strong equity position and undervaluation against operational and financial challenges.

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