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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 2025-03-21 (Item 5.07 on EDGAR). Page generated 02 October 2026.

10Reported items
508Asset managers
3,264Fund votes
2025-03-18Meeting date

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 2025-03-21 (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 2025-03-18
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Jeffrey L. Harmening	76,892,826	--	--	9,949,847	6,160,066	Majority: yes
Elect Director: Joyce A. Mullen	76,056,523	--	--	10,786,150	6,160,066	Majority: yes
Elect Director: James C. O'Rourke	72,866,597	--	--	13,976,076	6,160,066	Majority: yes
Elect Director: Richard M. Olson	83,347,473	--	--	3,495,200	6,160,066	Majority: yes

Source: TORO CO., Form 8-K, filed with the SEC on 2025-03-21 — read the filing on EDGAR.

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

Each item below shows how the 508 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. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of TORO CO.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approval of, on an advisory basis, our executive compensation.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-03-18.

Combines 4 wordings of this item as funds reported it.

95% fund support · no official result

FOR 95%

The 478 asset managers below cast 95% of the shares they voted on this item FOR (85,784,980 for, 4,604,617 against).

FOR: 85,784,980 (94.9%)AGAINST: 4,604,617 (5.1%)ABSTAIN: 20,730 (0.0%)NOT VOTED: 23,518 (0.0%)0: 21 (0.0%)

Largest 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	14,144,462	0	For
Vanguard	11,009,716	0	For
BlackRock	7,790,157	17,022	For
State Street	6,824,522	2,773	For
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	5,615,217	3,642	For
Select Equity Group, L.P.	4,590,076	0	For
Neuberger Berman	3,474,930	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,394,437	2,551	For
GEODE CAPITAL MANAGEMENT, LLC	1,888,414	0	For
Invesco	0	1,832,650	Against
Fidelity	1,750,312	0	For
Virtus	1,492,956	0	For
Charles Schwab	1,306,108	0	For
John Hancock	1,109,729	0	For
ArrowMark Colorado Holdings LLC	1,008,045	0	For
Allspring	961,072	0	For
Eaton Vance	928,027	0	For
Northern Trust	888,195	33,139	For
KING LUTHER CAPITAL MANAGEMENT CORP	908,114	0	For
Victory Capital	819,517	0	For
Dimensional	795,642	0	For
Advisors' Inner Circle Fund II	700,000	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

Showing the 25 largest of 478 asset managers. See all 478 in the interactive database.

2. Election of Directors: James C. O'Rourke

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-18.

Combines 5 wordings of this item as funds reported it.

84% Majority: yes · of votes cast

FOR 84%WITHHELD 16%

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

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 2025-03-21 (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. Of all 98,685,272 outstanding shares: 74% for, 14% withheld (88% of the company cast a for/withheld vote).

The 110 asset managers below cast 100% of the shares they voted on this item FOR (33,267,425 for, 0 against).

FOR 82%ABSTAIN 18%

FOR: 33,267,425 (82.1%)ABSTAIN: 7,254,197 (17.9%)

Largest asset managers voting on “Election of Directors: James C. O'Rourke” at TORO CO., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	10,810,223	0	For
T. Rowe Price	0	5,768,052	Abstain
BlackRock	5,387,345	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,396,988	0	For
State Street	2,053,052	295	For
Fidelity	1,727,222	0	For
Virtus	1,492,956	0	For
Neuberger Berman	1,339,884	0	For
Invesco	0	854,190	Abstain
Advisors' Inner Circle Fund II	700,000	0	For
John Hancock	467,512	211,478	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	305,186	97,441	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	168,404	51,769	For
Equitable	90,839	117,499	Abstain

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

3. Election of Directors: Jeff L. Harmening

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-18.

Combines 6 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%

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

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 2025-03-21 (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. Of all 98,685,272 outstanding shares: 78% for, 10% withheld (88% of the company cast a for/withheld vote).

The 110 asset managers below cast 100% of the shares they voted on this item FOR (34,446,741 for, 0 against).

FOR 85%ABSTAIN 15%

FOR: 34,446,741 (85.0%)ABSTAIN: 6,074,881 (15.0%)

Largest asset managers voting on “Election of Directors: Jeff L. Harmening” at TORO CO., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	10,810,223	0	For
T. Rowe Price	18,484	5,749,568	Abstain
BlackRock	5,387,345	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,396,988	0	For
State Street	2,053,347	0	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	467,512	211,478	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	168,404	51,769	For
Equitable	208,338	0	For

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

4. Election of Directors: Joyce A. Mullen

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-18.

Combines 5 wordings of this item as funds reported it.

88% Majority: yes · of votes cast

FOR 88%12%

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

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 2025-03-21 (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. Of all 98,685,272 outstanding shares: 77% for, 11% withheld (88% of the company cast a for/withheld vote).

The 110 asset managers below cast 100% of the shares they voted on this item FOR (34,287,012 for, 0 against).

FOR 85%ABSTAIN 15%

FOR: 34,287,012 (84.6%)ABSTAIN: 6,234,610 (15.4%)

Largest asset managers voting on “Election of Directors: Joyce A. Mullen” at TORO CO., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	10,810,223	0	For
T. Rowe Price	0	5,768,052	Abstain
BlackRock	5,387,345	0	For
TRUST FOR PROFESSIONAL MANAGERS	2,396,988	0	For
State Street	2,053,347	0	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	467,512	211,478	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	168,404	51,769	For
Equitable	90,839	117,499	Abstain

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

5. Election of Directors: Richard M. Olson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-03-18.

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

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 2025-03-21 (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. Of all 98,685,272 outstanding shares: 84% for, 4% withheld (88% of the company cast a for/withheld vote).

The 110 asset managers below cast 100% of the shares they voted on this item FOR (40,366,723 for, 0 against).

FOR 99.6%

FOR: 40,366,723 (99.6%)ABSTAIN: 154,899 (0.4%)

Largest asset managers voting on “Election of Directors: Richard M. Olson” at TORO CO., 2024-2025
Asset manager	For	Abstain	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	For
Equitable	208,338	0	For

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

6. Ratification of the selection of KPMG LLP as our independent registered public accounting firm for our fiscal year ending October 31, 2025.

AUDIT-RELATED

Meeting held 2025-03-18.

Combines 2 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 108 asset managers below cast 99.9% of the shares they voted on this item FOR (40,474,009 for, 3,086 against).

FOR: 40,474,009 (99.9%)AGAINST: 3,086 (0.0%)ABSTAIN: 19,800 (0.0%)

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	For
Equitable	208,338	0	0	For

Showing the 25 largest of 108 asset managers. See all 108 in the interactive database.

7. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESCOMPENSATION

Meeting held 2025-03-18.

93% fund support · no official result

FOR 93%7%

The 16 asset managers below cast 93% of the shares they voted on this item FOR (1,422,751 for, 109,928 against).

FOR: 1,422,751 (92.8%)AGAINST: 109,928 (7.2%)

Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at TORO CO., 2024-2025
Asset manager	For	Against	Vote
JPMorgan	1,038,675	0	For
Thematics Asset Management	152,701	0	For
Capital Group	132,462	0	For
CAMBIAR INVESTORS LLC	84,267	0	For
Empower	3,940	58,209	Against
TOBAM	0	24,720	Against
Cardano Risk Management B.V.	0	14,931	Against
NORDEA INVESTMENT MANAGEMENT AB	0	10,462	Against
TD ASSET MANAGEMENT INC	9,011	0	For
Desjardins Global Asset Management Inc.	0	1,309	Against
HC CAPITAL TRUST	927	0	For
GuideStone	720	0	For
OSSIAM	0	297	Against
Convergence Investment Partners, LLC	39	0	For
Balentine LLC	9	0	For
Walter Scott & Partners Ltd	0	0	--

8. Approval of, on an advisory basis, our executive compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2024-03-19 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

76% fund support · no official result

FOR 76%AGAINST 24%

The 5 asset managers below cast 76% of the shares they voted on this item FOR (5,836 for, 1,795 against).

FOR: 5,836 (76.5%)AGAINST: 1,795 (23.5%)

Largest asset managers voting on “Approval of, on an advisory basis, our executive compensation” at TORO CO., 2024-2025
Asset manager	For	Against	Vote
Ipswich Investment Management Co., Inc.	3,675	0	For
DIVIDEND ASSETS CAPITAL, LLC	2,085	0	For
COLDSTREAM CAPITAL MANAGEMENT INC	0	1,795	Against
Axiom Financial Strategies, LLC	76	0	For
Echo45 Advisors LLC	0	0	--

9. Ratify KPMG LLP as Auditors

AUDIT-RELATED

Meeting held 2025-03-18.

9% fund support · no official result

9%AGAINST 91%

The 3 asset managers below cast 9% of the shares they voted on this item FOR (5,587 for, 58,209 against).

FOR: 5,587 (8.8%)AGAINST: 58,209 (91.2%)

Largest asset managers voting on “Ratify KPMG LLP as Auditors” at TORO CO., 2024-2025
Asset manager	For	Against	Vote
Empower	3,940	58,209	Against
HC CAPITAL TRUST	927	0	For
GuideStone	720	0	For

10. To approve, by an advisory vote, the compensation of the Company's named executives

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-03-18.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (24,708 for, 0 against).

FOR: 24,708 (100.0%)

Largest asset managers voting on “To approve, by an advisory vote, the compensation of the Company's named executives” at TORO CO., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Modern Wealth Management, LLC	24,605	0	0	0	For
FPC INVESTMENT ADVISORY, INC.	103	0	0	0	For

Largest TORO CO. shareholders voting in 2024-2025

Ranked by the number of TORO CO. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 98,685,272 shares outstanding at the time of that meeting.

Top TORO CO. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	T. Rowe Price	14.33%
2	Vanguard	11.16%
3	BlackRock	7.91%
4	State Street	6.92%
5	KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	5.69%
6	Select Equity Group, L.P.	4.65%
7	Neuberger Berman	3.52%
8	TRUST FOR PROFESSIONAL MANAGERS	2.43%
9	GEODE CAPITAL MANAGEMENT, LLC	1.91%
10	Invesco	1.86%

Reported TORO CO. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

TORO CO. beneficial owners on record 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 2025-05-29 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, 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 2025-05-29. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At TORO CO.'s shareholder meeting held 2025-03-18, in the 2024-2025 proxy season, 508 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,264 separate fund positions. Their filings are grouped here into 10 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. TORO CO.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Approval of, on an advisory basis, our executive compensation. — the reporting funds cast 95% of the shares they voted in favour (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). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

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