One Wealth Advisors LLC Acquires Shares of 7,831 Toll Brothers Inc. $TOL

One Wealth Advisors LLC bought a new stake in Toll Brothers Inc. (NYSE:TOL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,831 shares of the construction company’s stock, valued at approximately $1,290,000.

Several other institutional investors have also recently made changes to their positions in the company. Hilton Head Capital Partners LLC raised its position in Toll Brothers by 65.5% in the 1st quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock worth $26,000 after purchasing an additional 74 shares during the period. Wiser Advisor Group LLC purchased a new position in shares of Toll Brothers during the third quarter valued at approximately $27,000. Pinnacle Holdings LLC purchased a new position in shares of Toll Brothers during the fourth quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC bought a new position in shares of Toll Brothers during the third quarter valued at approximately $29,000. Finally, Turning Point Benefit Group Inc. purchased a new stake in shares of Toll Brothers in the third quarter worth approximately $37,000. Institutional investors own 91.76% of the company’s stock.

Toll Brothers Stock Performance

Shares of Toll Brothers stock opened at $148.09 on Friday. The firm has a market cap of $13.84 billion, a P/E ratio of 11.20, a P/E/G ratio of 1.23 and a beta of 1.35. The company has a current ratio of 4.67, a quick ratio of 0.59 and a debt-to-equity ratio of 0.33. Toll Brothers Inc. has a 12 month low of $123.14 and a 12 month high of $168.36. The stock’s fifty day moving average price is $151.69 and its 200-day moving average price is $146.40.

Toll Brothers (NYSE:TOL) last released its quarterly earnings data on Tuesday, May 19th. The construction company reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.58 by $0.14. Toll Brothers had a net margin of 11.66% and a return on equity of 15.47%. The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.42 billion. During the same period in the prior year, the firm earned $3.50 earnings per share. The firm’s revenue for the quarter was down 7.6% compared to the same quarter last year. On average, equities research analysts expect that Toll Brothers Inc. will post 12.69 earnings per share for the current fiscal year.

Toll Brothers Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were issued a $0.26 dividend. The ex-dividend date was Friday, July 10th. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. Toll Brothers’s payout ratio is currently 7.87%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on TOL shares. Keefe, Bruyette & Woods raised Toll Brothers from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $158.00 to $161.00 in a research note on Tuesday, June 9th. Argus set a $170.00 target price on Toll Brothers in a research report on Tuesday, June 2nd. Oppenheimer cut shares of Toll Brothers from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 9th. Evercore reissued an “outperform” rating and issued a $185.00 price objective on shares of Toll Brothers in a research report on Thursday, May 21st. Finally, Benchmark initiated coverage on shares of Toll Brothers in a research report on Tuesday, June 9th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $164.88.

Insider Activity

In other news, COO Robert Parahus sold 7,500 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $149.66, for a total value of $1,122,450.00. Following the completion of the sale, the chief operating officer owned 23,457 shares of the company’s stock, valued at approximately $3,510,574.62. This represents a 24.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $156.58, for a total transaction of $12,206,507.06. Following the transaction, the chairman owned 321,256 shares in the company, valued at approximately $50,302,264.48. This represents a 19.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.37% of the company’s stock.

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.