Pallas Capital Advisors LLC bought a new stake in shares of Toll Brothers Inc. (NYSE:TOL – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,211 shares of the construction company’s stock, valued at approximately $3,165,000.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Western Wealth Management LLC raised its stake in Toll Brothers by 2.6% in the 4th quarter. Western Wealth Management LLC now owns 2,658 shares of the construction company’s stock valued at $359,000 after purchasing an additional 68 shares during the last quarter. Root Financial Partners LLC lifted its holdings in Toll Brothers by 21.9% in the 4th quarter. Root Financial Partners LLC now owns 389 shares of the construction company’s stock valued at $53,000 after purchasing an additional 70 shares in the last quarter. Merit Financial Group LLC boosted its stake in Toll Brothers by 0.4% during the 4th quarter. Merit Financial Group LLC now owns 20,568 shares of the construction company’s stock worth $2,781,000 after purchasing an additional 72 shares during the last quarter. IFP Advisors Inc boosted its stake in Toll Brothers by 2.4% during the 4th quarter. IFP Advisors Inc now owns 3,200 shares of the construction company’s stock worth $433,000 after purchasing an additional 74 shares during the last quarter. Finally, Hilton Head Capital Partners LLC grew its holdings in shares of Toll Brothers by 65.5% during the first quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock worth $26,000 after buying an additional 74 shares in the last quarter. Hedge funds and other institutional investors own 91.76% of the company’s stock.
Insider Activity at Toll Brothers
In related news, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $156.58, for a total value of $12,206,507.06. Following the transaction, the chairman directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction, the chief operating officer owned 23,457 shares in the company, valued at $3,510,574.62. This represents a 24.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.37% of the company’s stock.
Toll Brothers Trading Down 2.0%
Toll Brothers (NYSE:TOL – Get Free Report) last announced its quarterly earnings data on Tuesday, May 19th. The construction company reported $2.72 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.42 billion. During the same quarter in the prior year, the firm posted $3.50 earnings per share. Toll Brothers’s quarterly revenue was down 7.6% on a year-over-year basis. As a group, equities analysts predict that Toll Brothers Inc. will post 12.69 earnings per share for the current year.
Toll Brothers Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were paid a $0.26 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. Toll Brothers’s dividend payout ratio is 7.87%.
Analyst Upgrades and Downgrades
TOL has been the topic of several research reports. Argus set a $170.00 price target on shares of Toll Brothers in a research note on Tuesday, June 2nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $158.00 price objective on shares of Toll Brothers in a report on Thursday, June 11th. UBS Group raised shares of Toll Brothers from a “buy” rating to a “buy” rating in a research note on Tuesday, June 9th. Benchmark started coverage on Toll Brothers in a report on Tuesday, June 9th. They set a “buy” rating on the stock. Finally, Barclays upped their price target on Toll Brothers from $115.00 to $122.00 and gave the company an “underweight” rating in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $164.88.
More Toll Brothers News
Here are the key news stories impacting Toll Brothers this week:
- Positive Sentiment: Analysts expect quarterly earnings of approximately $2.93 per share on revenue of $2.62 billion. Toll Brothers’ luxury-focused customer base, with homes averaging about $1 million, could provide some insulation from weakness in the broader housing market. Strong results or an upbeat outlook could support the shares. Top Wall Street Forecasters Revamp Toll Brothers Expectations Ahead Of Q3 Earnings
- Neutral Sentiment: Wall Street forecasters have revised their expectations ahead of the release, but analyst opinions remain mixed. Investors will focus on orders, cancellations, home deliveries, margins and management’s guidance for the remainder of the year. Toll Brothers Q3 2026 Earnings Preview
- Neutral Sentiment: The company announced model-home openings for its Franklin Ridge luxury community in Franklin, Tennessee, and its Rivercrest townhome community in Reno, Nevada. The announcements highlight continued geographic expansion but are unlikely to materially affect near-term earnings. Franklin Ridge Model Home Grand Opening
- Negative Sentiment: Rising Treasury yields are pushing mortgage rates higher, increasing the cost of homeownership and potentially weighing on demand. The rate environment is a risk even for Toll Brothers’ more affluent buyers. Home Builder Stocks Are Holding Up as Bonds Drop
- Negative Sentiment: A judge temporarily blocked Toll Brothers from building on a disputed easement near Ann Arbor, creating a potential project-delay and legal risk. The financial impact is unclear, but the ruling adds an adverse company-specific headline ahead of earnings. Judge Blocks Toll Brothers From Building on Disputed Easement
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.
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