The Toro Company (NYSE:TTC) is looking for acquisitions. Renee Peterson, Vice President and Chief Financial Officer said, "We continue to follow a disciplined approach to capital allocation, demonstrated by our actions in the quarter and fueled by our strong balance sheet. Our priorities remain the same and include making strategic investments in our business to support long-term growth, both organically and through acquisitions; returning cash to shareholders through dividends and share repurchases; and maintaining leverage goals to support financial flexibility".