Cannell & Spears LLC Lowers Stake in Toll Brothers Inc. $TOL

Cannell & Spears LLC cut its position in Toll Brothers Inc. (NYSE:TOL) by 12.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 263,405 shares of the construction company’s stock after selling 38,345 shares during the period. Cannell & Spears LLC owned about 0.27% of Toll Brothers worth $36,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Ramirez Asset Management Inc. bought a new position in Toll Brothers in the 3rd quarter worth $28,000. Abich Financial Wealth Management LLC bought a new stake in Toll Brothers during the third quarter valued at about $28,000. Smithfield Trust Co raised 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 valued at $36,000 after acquiring an additional 150 shares during the period. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Toll Brothers in the third quarter valued at about $41,000. Finally, Root Financial Partners LLC purchased a new position in shares of Toll Brothers in the third quarter valued at about $44,000. 91.76% of the stock is currently owned by institutional investors.

More Toll Brothers News

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

• Positive Sentiment: Board raised the quarterly cash dividend 4% to $0.26/share (sixth consecutive year of increases), reinforcing shareholder returns and signaling healthy cash flow. Toll Brothers Announces Cash Dividend
• Positive Sentiment: Broker commentary highlights valuation attractiveness — Truist called attention to Toll Brothers’ valuation, which can attract value-oriented buyers given the company’s earnings and dividend. Truist highlights attractive valuation for Toll Brothers, Inc. (TOL)
• Positive Sentiment: Analyst sentiment and price targets remain mostly bullish (multiple Buy/Outperform ratings and a median 6‑month target above the current price), supporting upside potential if fundamentals continue. Analyst coverage
• Positive Sentiment: Product pipeline expansion — Toll unveiled two new luxury townhome designs at Cross Kirkland Towns and opened/announced several new communities and model-home sales across key markets, supporting future revenue and presales. Toll Brothers Unveils Two Brand-New Home Designs at Cross Kirkland Towns
• Neutral Sentiment: Shareholders approved the board slate, auditor and pay at the annual meeting — clears governance overhang but is a one-time procedural item. Toll Brothers Shareholders Back Board, Auditor and Pay
• Neutral Sentiment: Hedge fund and institutional activity is mixed — large additions by some firms but sizeable reductions by others, producing ambiguous near-term flows. Institutional holdings
• Negative Sentiment: Insider selling: recent open‑market sales by executives (including the CEO) have been reported, which can create short-term selling pressure and investor concern. Toll Brothers Unveils New Luxury Home Designs at Cross Kirkland Towns in Washington
• Negative Sentiment: Technical/valuation headwinds — the stock is trading below its 50‑day and 200‑day moving averages, which can trigger momentum selling and caution among technical traders. Technical indicators
• Negative Sentiment: Product pricing and market mix risk: new offerings are luxury-priced (e.g., Cross Kirkland starting at ~$1.2M), which limits buyer pool and makes sales more sensitive to local economic or rate headwinds. Pricing risk

Toll Brothers Stock Performance

NYSE TOL opened at $136.56 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.57 and a quick ratio of 0.62. Toll Brothers Inc. has a 1-year low of $86.67 and a 1-year high of $168.36. The business has a 50 day simple moving average of $150.04 and a two-hundred day simple moving average of $141.63. The stock has a market capitalization of $12.93 billion, a PE ratio of 9.75, a P/E/G ratio of 1.06 and a beta of 1.45.

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

Toll Brothers Increases Dividend

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

Insiders Place Their Bets

In other news, CEO Douglas C. Jr. Yearley sold 45,116 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 321,256 shares in the company, valued at $51,535,887.52. The trade was a 12.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Paul E. Shapiro sold 3,965 shares of the business’s 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 sale, the director 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 disclosure for this sale is available in the SEC filing. 1.37% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Weiss Ratings upgraded Toll Brothers from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 10th. Barclays reissued an “underweight” rating on shares of Toll Brothers in a report on Monday, February 23rd. Wells Fargo & Company upped their price target on Toll Brothers from $170.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, February 19th. Evercore set a $174.00 price objective on shares of Toll Brothers in a research report on Thursday, February 19th. Finally, The Goldman Sachs Group boosted their target price on shares of Toll Brothers from $140.00 to $156.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Two equities research 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $165.25.

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.