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TORO CO. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and TORO CO.’s Form 8-K, filed March 21, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.

6Ballot items
502Asset managers
3,253Fund votes
March 18, 2025Meeting date

Results at a glance

Meeting of March 18, 2025: 6 items on TORO CO.’s Form 8-K, filed March 21, 2025: 6 without a stated outcome.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore TORO CO. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by TORO CO.

These tallies are TORO CO.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed March 21, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

TORO CO. — official shareholder meeting results, meeting held March 18, 2025
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Jeffrey L. Harmening	76,892,826	--	--	9,949,847	6,160,066	89%	Not verified	—
Elect Director: Joyce A. Mullen	76,056,523	--	--	10,786,150	6,160,066	88%	Not verified	—
Elect Director: James C. O'Rourke	72,866,597	--	--	13,976,076	6,160,066	84%	Not verified	—
Elect Director: Richard M. Olson	83,347,473	--	--	3,495,200	6,160,066	96%	Not verified	—
Proposal Two—Ratification of the selection of KPMG LLP as TTC's independent registered public accounting firm for TTC's fiscal year ending October 31, 2025	89,443,854	3,425,781	133,104	--	--	96%	Not verified	—
Proposal Three—Advisory approval of executive compensation	79,967,327	6,073,139	802,207	--	6,160,066	93%	Not verified	—

Source: TORO CO., Form 8-K, filed with the SEC on March 21, 2025 — read the filing on EDGAR.

How asset managers voted at the TORO CO. 2024-2025 meeting

Each item below shows how the 502 asset managers that disclosed a TORO CO. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: James C. O'Rourke

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD

FOR: 72,866,597WITHHELD: 13,976,076

Details: description as filed, official tally, votes by 110 asset managers

Description as filed by funds: Election of Directors: James C. O'Rourke

TORO CO.’s own tally for this item (“Elect Director: James C. O'Rourke”): 72,866,597 for, 13,976,076 withheld, per its Form 8-K filed March 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 84% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 110 asset managers below reported 33,267,425 for, 6,935,039 withheld, 319,158 abstained.

FORWITHHOLD

FOR: 33,267,425ABSTAIN: 319,158WITHHOLD: 6,935,039

Largest asset managers voting on “Election of Directors: James C. O'Rourke” at TORO CO., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
Vanguard	10,810,223	0	0	For
T. Rowe Price	0	0	5,768,052	Withhold
BlackRock	5,387,345	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,396,988	0	0	For
State Street	2,053,052	0	295	For
Fidelity	1,727,222	0	0	For
Virtus	1,492,956	0	0	For
Neuberger Berman	1,339,884	0	0	For
Invesco	0	0	854,190	Withhold
Advisors' Inner Circle Fund II	700,000	0	0	For
John Hancock	467,512	211,478	0	Mixed
Charles Schwab	651,923	0	0	For
Dimensional	551,132	0	0	For
Allspring	444,200	0	0	For
ProShares	413,969	0	0	For
Victory Capital	406,283	0	0	For
Bridge Builder Trust	305,186	97,441	0	Mixed
WisdomTree	276,683	0	0	For
MERIDIAN FUND INC	272,211	0	0	For
Jackson National	266,327	0	0	For
First Trust	259,493	0	0	For
Eaton Vance	238,465	0	0	For
Managed Portfolio Series	228,852	0	0	For
Brighthouse	168,404	0	51,769	Mixed
Equitable	90,839	0	117,499	Mixed

Showing the 25 largest of 110 asset managers. See all 110 in the interactive database.

2. Elect Director: Jeffrey L. Harmening

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 6 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%

FOR: 76,892,826WITHHELD: 9,949,847

Details: description as filed, official tally, votes by 110 asset managers

Description as filed by funds: Election of Directors: Jeff L. Harmening

TORO CO.’s own tally for this item (“Elect Director: Jeffrey L. Harmening”): 76,892,826 for, 9,949,847 withheld, per its Form 8-K filed March 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 89% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 110 asset managers below reported 34,446,741 for, 5,860,026 withheld, 214,855 abstained.

FORWITHHOLD

FOR: 34,446,741ABSTAIN: 214,855WITHHOLD: 5,860,026

Largest asset managers voting on “Election of Directors: Jeff L. Harmening” at TORO CO., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
Vanguard	10,810,223	0	0	For
T. Rowe Price	18,484	0	5,749,568	Withhold
BlackRock	5,387,345	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,396,988	0	0	For
State Street	2,053,347	0	0	For
Fidelity	1,727,222	0	0	For
Virtus	1,492,956	0	0	For
Neuberger Berman	1,339,884	0	0	For
Invesco	854,190	0	0	For
Advisors' Inner Circle Fund II	700,000	0	0	For
John Hancock	467,512	211,478	0	Mixed
Charles Schwab	651,923	0	0	For
Dimensional	551,132	0	0	For
Allspring	444,200	0	0	For
ProShares	413,969	0	0	For
Victory Capital	406,283	0	0	For
Bridge Builder Trust	402,627	0	0	For
WisdomTree	276,683	0	0	For
MERIDIAN FUND INC	272,211	0	0	For
Jackson National	266,327	0	0	For
First Trust	259,493	0	0	For
Eaton Vance	238,465	0	0	For
Managed Portfolio Series	228,852	0	0	For
Brighthouse	168,404	0	51,769	Mixed
Equitable	208,338	0	0	For

Showing the 25 largest of 110 asset managers. See all 110 in the interactive database.

3. Elect Director: Joyce A. Mullen

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

88% Majority: yes · of votes cast

FOR 88%

FOR: 76,056,523WITHHELD: 10,786,150

Details: description as filed, official tally, votes by 110 asset managers

Description as filed by funds: Election of Directors: Joyce A. Mullen

TORO CO.’s own tally for this item (“Elect Director: Joyce A. Mullen”): 76,056,523 for, 10,786,150 withheld, per its Form 8-K filed March 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 88% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 110 asset managers below reported 34,287,012 for, 6,016,270 withheld, 218,340 abstained.

FORWITHHOLD

FOR: 34,287,012ABSTAIN: 218,340WITHHOLD: 6,016,270

Largest asset managers voting on “Election of Directors: Joyce A. Mullen” at TORO CO., 2024-2025
Asset manager	For	Abstain	Withheld	Vote
Vanguard	10,810,223	0	0	For
T. Rowe Price	0	0	5,768,052	Withhold
BlackRock	5,387,345	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,396,988	0	0	For
State Street	2,053,347	0	0	For
Fidelity	1,727,222	0	0	For
Virtus	1,492,956	0	0	For
Neuberger Berman	1,339,884	0	0	For
Invesco	854,190	0	0	For
Advisors' Inner Circle Fund II	700,000	0	0	For
John Hancock	467,512	211,478	0	Mixed
Charles Schwab	651,923	0	0	For
Dimensional	551,132	0	0	For
Allspring	444,200	0	0	For
ProShares	413,969	0	0	For
Victory Capital	406,283	0	0	For
Bridge Builder Trust	402,627	0	0	For
WisdomTree	276,683	0	0	For
MERIDIAN FUND INC	272,211	0	0	For
Jackson National	266,327	0	0	For
First Trust	259,493	0	0	For
Eaton Vance	238,465	0	0	For
Managed Portfolio Series	228,852	0	0	For
Brighthouse	168,404	0	51,769	Mixed
Equitable	90,839	0	117,499	Mixed

Showing the 25 largest of 110 asset managers. See all 110 in the interactive database.

4. Elect Director: Richard M. Olson

Outcome not verifiedDIRECTOR ELECTIONSReported outcome: Not verified

Combines 5 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 83,347,473WITHHELD: 3,495,200

Details: description as filed, official tally, votes by 110 asset managers

Description as filed by funds: Election of Directors: Richard M. Olson

TORO CO.’s own tally for this item (“Elect Director: Richard M. Olson”): 83,347,473 for, 3,495,200 withheld, per its Form 8-K filed March 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 110 asset managers below reported 40,366,723 for, 149,378 withheld, 5,521 abstained.

FOR

FOR: 40,366,723ABSTAIN: 5,521WITHHOLD: 149,378

Largest asset managers voting on “Election of Directors: Richard M. Olson” at TORO CO., 2024-2025
Asset manager	For	Withheld	Vote
Vanguard	10,810,223	0	For
T. Rowe Price	5,768,052	0	For
BlackRock	5,387,345	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,396,988	0	For
State Street	2,053,264	83	For
Fidelity	1,727,222	0	For
Virtus	1,492,956	0	For
Neuberger Berman	1,339,884	0	For
Invesco	854,190	0	For
Advisors' Inner Circle Fund II	700,000	0	For
John Hancock	678,990	0	For
Charles Schwab	651,923	0	For
Dimensional	551,132	0	For
Allspring	444,200	0	For
ProShares	413,969	0	For
Victory Capital	406,283	0	For
Bridge Builder Trust	402,627	0	For
WisdomTree	276,683	0	For
MERIDIAN FUND INC	272,211	0	For
Jackson National	266,327	0	For
First Trust	259,493	0	For
Eaton Vance	238,465	0	For
Managed Portfolio Series	228,852	0	For
Brighthouse	200,633	19,540	Mixed
Equitable	208,338	0	For

Showing the 25 largest of 110 asset managers. See all 110 in the interactive database.

5. Proposal Three—Advisory approval of executive compensation

Outcome not verified Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Not verified

Combines 9 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

FOR: 79,967,327AGAINST: 6,073,139

Details: description as filed, official tally, votes by 484 asset managers

Description as filed by funds: Approval of, on an advisory basis, our executive compensation.

TORO CO.’s own tally for this item (“Proposal Three—Advisory approval of executive compensation”): 79,967,327 for, 6,073,139 against, per its Form 8-K filed March 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of TORO CO.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (16 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 108 asset managers voting on “Approval of, on an advisory basis, our executive compensation.” at TORO CO., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	10,810,223	0	0	For
T. Rowe Price	5,768,052	0	0	For
BlackRock	5,387,345	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,394,437	2,551	0	For
State Street	2,052,415	932	0	For
Fidelity	1,727,222	0	0	For
Virtus	1,492,956	0	0	For
Neuberger Berman	1,339,884	0	0	For
Invesco	0	854,190	0	Against
Advisors' Inner Circle Fund II	700,000	0	0	For
John Hancock	678,990	0	0	For
Charles Schwab	651,923	0	0	For
Dimensional	551,132	0	0	For
Allspring	444,200	0	0	For
ProShares	413,969	0	0	For
Victory Capital	406,283	0	0	For
Bridge Builder Trust	402,627	0	0	For
WisdomTree	276,683	0	0	For
MERIDIAN FUND INC	272,211	0	0	For
Jackson National	266,327	0	0	For
First Trust	259,493	0	0	For
Eaton Vance	238,465	0	0	For
Managed Portfolio Series	228,852	0	0	For
Brighthouse	200,633	0	19,540	Mixed
Equitable	208,338	0	0	For

Fund voting reports, all 108 managers: 39,283,318 for, 1,253,412 against, 19,800 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 408 asset managers voting on “Approval of, on an advisory basis, our executive compensation.” at TORO CO., 2024-2025
Asset manager	For	Against	Vote
T. Rowe Price	8,376,410	0	For
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	5,615,217	3,642	For
State Street	4,772,107	1,841	For
Select Equity Group, L.P.	4,590,076	0	For
BlackRock	2,402,812	17,022	For
Neuberger Berman	2,135,046	0	For
GEODE CAPITAL MANAGEMENT, LLC	1,888,414	0	For
ArrowMark Colorado Holdings LLC	1,008,045	0	For
Invesco	0	978,460	Against
KING LUTHER CAPITAL MANAGEMENT CORP	908,114	0	For
Northern Trust	812,342	27,331	For
Eaton Vance	689,562	0	For
Charles Schwab	654,185	0	For
WELLS FARGO BANK N A	588,909	0	For
MELLON INVESTMENTS Corp	570,439	0	For
GW&K Investment Management, LLC	540,192	0	For
Allspring	516,872	0	For
Amundi	0	450,757	Against
NUANCE INVESTMENTS, LLC	448,753	0	For
John Hancock	430,739	0	For
LONDON CO OF VIRGINIA	417,468	0	For
Victory Capital	413,234	0	For
RAYMOND JAMES & ASSOCIATES	381,681	0	For
Champlain Investment Partners, LLC	372,865	0	For
KBI Global Investors Ltd	368,966	0	For

Institutional-manager reports, all 408 managers: 46,527,523 for, 3,351,564 against, 930 abstained, 23,518 not voted, 21 unknown. Showing the 25 largest; see all in the interactive database.

6. Proposal Two—Ratification of the selection of KPMG LLP as TTC's independent registered public accounting firm for TTC's…

Outcome not verifiedAUDIT-RELATEDReported outcome: Not verified

Combines 3 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 89,443,854AGAINST: 3,425,781

Details: description as filed, official tally, votes by 110 asset managers

Description as filed by funds: Ratification of the selection of KPMG LLP as our independent registered public accounting firm for our fiscal year ending October 31, 2025.

TORO CO.’s own tally for this item (“Proposal Two—Ratification of the selection of KPMG LLP as TTC's independent registered public accounting firm for TTC's fiscal year ending October 31, 2025”): 89,443,854 for, 3,425,781 against, per its Form 8-K filed March 21, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 110 asset managers below reported 40,479,596 for, 61,295 against, 19,800 abstained.

FOR

FOR: 40,479,596AGAINST: 61,295ABSTAIN: 19,800

Largest asset managers voting on “Ratification of the selection of KPMG LLP as our independent registered public accounting firm for our fiscal ” at TORO CO., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	10,810,223	0	0	For
T. Rowe Price	5,768,052	0	0	For
BlackRock	5,387,345	0	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,396,988	0	0	For
State Street	2,053,052	295	0	For
Fidelity	1,727,222	0	0	For
Virtus	1,492,956	0	0	For
Neuberger Berman	1,339,884	0	0	For
Invesco	854,190	0	0	For
Advisors' Inner Circle Fund II	700,000	0	0	For
John Hancock	678,990	0	0	For
Charles Schwab	651,923	0	0	For
Dimensional	551,132	0	0	For
Allspring	444,200	0	0	For
ProShares	413,969	0	0	For
Victory Capital	406,283	0	0	For
Bridge Builder Trust	402,627	0	0	For
WisdomTree	276,683	0	0	For
MERIDIAN FUND INC	272,211	0	0	For
Jackson National	266,327	0	0	For
First Trust	259,493	0	0	For
Eaton Vance	238,465	0	0	For
Managed Portfolio Series	228,852	0	0	For
Brighthouse	200,633	0	19,540	Mixed
Equitable	208,338	0	0	For

Showing the 25 largest of 110 asset managers. See all 110 in the interactive database.

Not shown here: this season’s fund filings also report 1 item from the meeting of March 19, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest TORO CO. shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 98,685,272 shares outstanding at the time of that meeting.

Fund voting reports: top TORO CO. shareholders by shares voted on “Ratification of the selection of KPMG LLP as our independent registered public accounting firm…”, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	10.95%
2	T. Rowe Price	5.84%
3	BlackRock	5.46%
4	TRUST FOR PROFESSIONAL MANAGERS	2.43%
5	State Street	2.08%
6	Fidelity	1.75%
7	Virtus	1.51%
8	Neuberger Berman	1.36%
9	Invesco	0.87%
10	Advisors' Inner Circle Fund II	0.71%

Institutional-manager reports: top TORO CO. shareholders by shares voted on “Approval of, on an advisory basis, our executive compensation.”, 2024-2025
#	Asset manager	% of shares outstanding
1	T. Rowe Price	8.49%
2	KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	5.69%
3	State Street	4.84%
4	Select Equity Group, L.P.	4.65%
5	BlackRock	2.45%
6	Neuberger Berman	2.16%
7	GEODE CAPITAL MANAGEMENT, LLC	1.91%
8	ArrowMark Colorado Holdings LLC	1.02%
9	Invesco	0.99%
10	KING LUTHER CAPITAL MANAGEMENT CORP	0.92%

Reported TORO CO. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

TORO CO. holdings and ownership disclosed for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	10.63%	13F
BlackRock	9.67%	13F
Kayne Anderson Rudnick Investment Management, LLC	8.29%	13G
T. Rowe Price	6.46%	13F
Vanguard Portfolio Management	5.29%	13G
Select Equity Group, L.P.	4.97%	13G
State Street	4.52%	13F
JPMorgan Chase	1.79%	13F
Dimensional Fund Advisors	1.56%	13F
Morgan Stanley	1.48%	13F

Percentages above are of 98,685,272 shares outstanding, as reported by TORO CO. on its Form 10-Q dated May 29, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from TORO CO.’s 10-Q dated May 29, 2025. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.

At TORO CO.'s shareholder meeting held March 18, 2025, in the 2024-2025 proxy season, 502 asset managers reported how they voted on 6 ballot items in their SEC Form N-PX filings, covering 3,253 separate fund positions. On the most widely held item on that ballot — Approval of, on an advisory basis, our executive compensation. — FOR was 93% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: TORO CO.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on March 21, 2025.

TORO CO. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.