Meeder Advisory Services Inc. purchased a new stake in Toll Brothers Inc. (NYSE:TOL – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,234 shares of the construction company’s stock, valued at approximately $862,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in Toll Brothers in the second quarter valued at approximately $1,610,696,000. Price T Rowe Associates Inc. MD increased its position in Toll Brothers by 2,067.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,303,915 shares of the construction company’s stock worth $446,756,000 after purchasing an additional 3,151,509 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Toll Brothers by 3.5% during the first quarter. Dimensional Fund Advisors LP now owns 2,990,447 shares of the construction company’s stock worth $408,062,000 after purchasing an additional 100,718 shares during the period. Jennison Associates LLC raised its stake in Toll Brothers by 30.1% during the first quarter. Jennison Associates LLC now owns 1,418,543 shares of the construction company’s stock worth $193,589,000 after purchasing an additional 327,953 shares during the period. Finally, Norges Bank purchased a new position in Toll Brothers during the fourth quarter worth approximately $168,312,000. Institutional investors and hedge funds own 91.76% of the company’s stock.
Analyst Upgrades and Downgrades
TOL has been the subject of several research reports. BTIG Research began coverage on shares of Toll Brothers in a research note on Tuesday, June 9th. They set a “buy” rating for the company. Piper Sandler lowered Toll Brothers from an “overweight” rating to a “neutral” rating in a research report on Tuesday, June 9th. Oppenheimer cut Toll Brothers from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 9th. Evercore reiterated an “outperform” rating and issued a $185.00 target price on shares of Toll Brothers in a report on Thursday, May 21st. Finally, Weiss Ratings raised Toll Brothers from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Toll Brothers presently has an average rating of “Moderate Buy” and a consensus price target of $164.88.
Toll Brothers Trading Up 4.0%
NYSE TOL opened at $148.50 on Thursday. The firm has a market capitalization of $13.88 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 1.18 and a beta of 1.35. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.59 and a current ratio of 4.67. Toll Brothers Inc. has a one year low of $123.14 and a one year high of $168.36. The company’s 50 day moving average price is $152.00 and its 200 day moving average price is $146.42.
Toll Brothers (NYSE:TOL – Get Free Report) last released its quarterly earnings data on Tuesday, August 18th. The construction company reported $2.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.93 by $0.04. Toll Brothers had a net margin of 11.14% and a return on equity of 14.27%. The company had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the previous year, the firm earned $3.73 earnings per share. Toll Brothers’s revenue for the quarter was down 9.7% on a year-over-year basis. On average, sell-side analysts predict that Toll Brothers Inc. will post 12.69 EPS for the current year.
Toll Brothers Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were issued a dividend of $0.26 per share. 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 presently 7.87%.
Insiders Place Their Bets
In other Toll Brothers news, COO Robert Parahus sold 7,500 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $149.66, for a total value of $1,122,450.00. Following the transaction, the chief operating officer directly owned 23,457 shares of the company’s stock, valued at $3,510,574.62. This trade represents a 24.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $156.58, for a total value of $12,206,507.06. Following the completion of the transaction, the chairman directly owned 321,256 shares in the company, valued at $50,302,264.48. This trade represents a 19.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.37% of the stock is currently owned by corporate insiders.
Trending Headlines about Toll Brothers
Here are the key news stories impacting Toll Brothers this week:
- Positive Sentiment: Quarterly earnings and revenue beat expectations. Toll Brothers reported fiscal Q3 adjusted diluted EPS of $2.97 versus the $2.93 consensus estimate, while revenue of approximately $2.66 billion exceeded forecasts near $2.62 billion. Higher home prices helped offset fewer deliveries. Toll Brothers Beats Q3 Earnings and Revenue Estimates on Higher Pricing
- Positive Sentiment: Orders and capital returns provided additional support. Net signed contract value rose to $2.52 billion from $2.41 billion a year earlier, and Toll Brothers raised its fiscal 2026 share-repurchase projection to $700 million from $650 million. The company also reaffirmed its full-year guidance. Toll Brothers Reports FY 2026 Third Quarter Results
- Neutral Sentiment: Management characterized the market as challenging but highlighted relative resilience. Toll Brothers’ higher-end customer base may provide some insulation from elevated mortgage rates and broader housing weakness, although affordability remains a constraint. Fourth-quarter delivery guidance calls for 3,450 to 3,550 homes. Toll Brothers: Relatively Resilient to Rate Pressures
- Negative Sentiment: Year-over-year operating trends weakened. Home deliveries fell to 2,662 from 2,959, revenue declined 9.7%, and home-sales gross margin contracted to 23.9% from 25.6%. EPS also dropped from $3.73 a year earlier, reflecting pressure from incentives, affordability and the slower housing market. Some recent reports also noted insider selling, including sales by the CEO and other executives.
About Toll Brothers
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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