Northstar Advisory Group LLC Has $1.77 Million Position in Toll Brothers Inc. $TOL

Northstar Advisory Group LLC cut its holdings in Toll Brothers Inc. (NYSE:TOL) by 62.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,073 shares of the construction company’s stock after selling 21,713 shares during the quarter. Northstar Advisory Group LLC’s holdings in Toll Brothers were worth $1,768,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Wiser Advisor Group LLC acquired a new position in shares of Toll Brothers in the 3rd quarter valued at $27,000. Ramirez Asset Management Inc. bought a new stake in Toll Brothers in the third quarter valued at about $28,000. Abich Financial Wealth Management LLC acquired a new position in Toll Brothers in the third quarter valued at about $28,000. Measured Wealth Private Client Group LLC acquired a new position in Toll Brothers in the third quarter valued at about $29,000. Finally, Smithfield Trust Co boosted its holdings in Toll Brothers by 136.4% during the third quarter. Smithfield Trust Co now owns 260 shares of the construction company’s stock worth $36,000 after buying an additional 150 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Toll Brothers Stock Performance

Shares of TOL opened at $130.54 on Tuesday. The firm has a market cap of $12.36 billion, a P/E ratio of 9.32, a PEG ratio of 1.02 and a beta of 1.45. Toll Brothers Inc. has a twelve month low of $86.67 and a twelve month high of $168.36. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.62 and a current ratio of 4.57. The firm’s 50 day moving average price is $148.51 and its two-hundred day moving average price is $141.11.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Tuesday, February 17th. The construction company reported $2.19 EPS for the quarter, topping analysts’ consensus estimates of $2.05 by $0.14. The business had revenue of $2.15 billion for the quarter, compared to analyst estimates of $1.86 billion. Toll Brothers had a net margin of 12.26% and a return on equity of 16.83%. The firm’s quarterly revenue was up 15.4% on a year-over-year basis. During the same period last year, the business posted $1.75 earnings per share. On average, analysts forecast that Toll Brothers Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Friday, April 10th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.25. Toll Brothers’s dividend payout ratio (DPR) is 7.14%.

Insider Transactions at Toll Brothers

In related news, Director Paul E. Shapiro sold 3,965 shares of the stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $146.68, for a total transaction of $581,586.20. Following the completion of the transaction, the director directly owned 118,680 shares in the company, valued at approximately $17,407,982.40. This trade represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Douglas C. Jr. Yearley sold 45,116 shares of Toll Brothers stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $160.42, for a total value of $7,237,508.72. Following the completion of the sale, the chief executive officer directly owned 321,256 shares in the company, valued at approximately $51,535,887.52. This represents a 12.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.37% of the company’s stock.

Analyst Ratings Changes

TOL has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods upped their price target on Toll Brothers from $143.00 to $170.00 and gave the company a “market perform” rating in a research note on Wednesday, February 25th. Barclays reaffirmed an “underweight” rating on shares of Toll Brothers in a research note on Monday, February 23rd. Citigroup lifted their price target on shares of Toll Brothers from $141.00 to $162.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. The Goldman Sachs Group upped their price objective on shares of Toll Brothers from $140.00 to $156.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Finally, Wells Fargo & Company raised their price objective on Toll Brothers from $170.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $165.25.

Toll Brothers Company Profile

Toll Brothers, Inc is a publicly traded homebuilding company that focuses on designing and constructing luxury residential properties. The company’s core business encompasses a broad range of housing products, including custom single-family homes, upscale condominium communities and rental apartment ventures. Toll Brothers emphasizes high-end finishes and architectural craftsmanship, positioning itself in the premium segment of the U.S. housing market.

In addition to traditional homebuilding, Toll Brothers operates specialized divisions to address evolving consumer preferences.