Victory Capital Management Inc. Acquires 621,117 Shares of Toll Brothers Inc. $TOL

Victory Capital Management Inc. raised its holdings in shares of Toll Brothers Inc. (NYSE:TOL) by 209.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 917,184 shares of the construction company’s stock after buying an additional 621,117 shares during the quarter. Victory Capital Management Inc.’s holdings in Toll Brothers were worth $126,700,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in TOL. Abich Financial Wealth Management LLC bought a new stake in shares of Toll Brothers in the 3rd quarter worth about $28,000. Smithfield Trust Co lifted its holdings in shares of Toll Brothers by 136.4% in the 3rd quarter. Smithfield Trust Co now owns 260 shares of the construction company’s stock valued at $36,000 after acquiring an additional 150 shares during the last quarter. Root Financial Partners LLC purchased a new position in Toll Brothers in the third quarter worth about $44,000. Global Retirement Partners LLC increased its stake in Toll Brothers by 1,112.8% during the third quarter. Global Retirement Partners LLC now owns 570 shares of the construction company’s stock worth $79,000 after acquiring an additional 523 shares during the last quarter. Finally, Rothschild Investment LLC raised its position in Toll Brothers by 215.5% during the third quarter. Rothschild Investment LLC now owns 672 shares of the construction company’s stock valued at $93,000 after purchasing an additional 459 shares during the period. 91.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Keefe, Bruyette & Woods lifted their target price on Toll Brothers from $143.00 to $170.00 and gave the stock a “market perform” rating in a report on Wednesday, February 25th. Citigroup raised their price target on Toll Brothers from $141.00 to $162.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Oppenheimer reaffirmed an “outperform” rating and set a $180.00 price objective (up from $177.00) on shares of Toll Brothers in a research note on Thursday, February 19th. Truist Financial began coverage on shares of Toll Brothers in a research report on Wednesday. They set a “buy” rating and a $190.00 price objective on the stock. Finally, BTIG Research initiated coverage on shares of Toll Brothers in a report on Monday, December 1st. They issued a “neutral” rating for the company. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Toll Brothers presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.25.

Toll Brothers Price Performance

TOL opened at $153.46 on Thursday. The business has a fifty day moving average of $149.07 and a 200 day moving average of $141.17. The stock has a market cap of $14.53 billion, a P/E ratio of 10.96, a PEG ratio of 1.20 and a beta of 1.45. The company has a quick ratio of 0.62, a current ratio of 4.57 and a debt-to-equity ratio of 0.32. Toll Brothers Inc. has a 52-week low of $86.67 and a 52-week high of $168.36.

Toll Brothers (NYSE:TOL) last released its earnings results on Tuesday, February 17th. The construction company reported $2.19 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.14. The business had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $1.86 billion. Toll Brothers had a return on equity of 16.83% and a net margin of 12.26%.The business’s revenue for the quarter was up 15.4% compared to the same quarter last year. During the same period last year, the company earned $1.75 earnings per share. As a group, sell-side analysts anticipate that Toll Brothers Inc. will post 13.83 EPS for the current year.

Toll Brothers Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 23rd. Shareholders of record on Friday, January 9th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, January 9th. Toll Brothers’s dividend payout ratio is currently 7.14%.

Insider Transactions at Toll Brothers

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

Key Stories Impacting Toll Brothers

Here are the key news stories impacting Toll Brothers this week:

• Positive Sentiment: Truist initiated coverage with a “Buy” and a $190 price target (~24% upside from current levels), which can lift demand for the shares by attracting buy-side interest. Toll Brothers Truist Coverage
• Positive Sentiment: Zacks Research raised Q3 EPS estimates for Toll Brothers, signaling some upward revision to near‑term profitability expectations. This supports the case for stronger later‑cycle earnings. Q3 EPS Estimates for Toll Brothers Raised by Zacks Research
• Positive Sentiment: Toll Brothers continues to expand its for-sale pipeline with several community announcements and openings (Tomball, TX; Sellersville, PA; Ridgefield, WA; final townhome availability in Mira Vista, San Diego). These releases indicate ongoing lot absorption and new revenue opportunities in key markets. Tomball, TX announcement Sellersville, PA opening Ridgefield, WA opening Mira Vista, San Diego final homes
• Neutral Sentiment: Zacks maintains an overall “Hold” on TOL and has issued mixed estimate changes (some quarter raises, some cuts). The rating tempers upside from positive guidance but keeps analysts constructive on longer-term earnings. (Source: Zacks research notes summarized by MarketBeat)
• Negative Sentiment: Zacks trimmed near-term EPS forecasts for Q1 2028 and cut Q2 2026 estimates significantly, reflecting moderated expectations for short‑term results — this can pressure the stock if investors focus on near‑term earnings risk.
• Negative Sentiment: Macro headwinds: a Barron’s piece highlights that higher mortgage rates and falling home sales are pressuring builder stocks broadly, a sector-level risk that can weigh on Toll Brothers even if company fundamentals remain solid. Higher Mortgage Rates, Fewer Sales Hit Builder Stocks
• Negative Sentiment: Analyst skepticism: a Seeking Alpha piece argues there isn’t enough conviction to upgrade to a buy, which can slow momentum among more cautious investors. Toll Brothers: Still Not Enough Conviction To Upgrade To A Buy

Toll Brothers 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.