Vest Financial LLC Has $4.04 Million Stock Position in Toll Brothers Inc. $TOL

Vest Financial LLC lifted its stake in Toll Brothers Inc. (NYSE:TOL) by 26.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,241 shares of the construction company’s stock after purchasing an additional 6,122 shares during the period. Vest Financial LLC’s holdings in Toll Brothers were worth $4,039,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TOL. Sivia Capital Partners LLC acquired a new position in shares of Toll Brothers during the 2nd quarter worth about $705,000. Assenagon Asset Management S.A. boosted its stake in Toll Brothers by 10.5% during the 2nd quarter. Assenagon Asset Management S.A. now owns 24,271 shares of the construction company’s stock worth $2,770,000 after acquiring an additional 2,297 shares during the last quarter. UMB Bank n.a. grew its holdings in Toll Brothers by 15.9% during the second quarter. UMB Bank n.a. now owns 1,101 shares of the construction company’s stock valued at $126,000 after purchasing an additional 151 shares during the period. Farther Finance Advisors LLC increased its stake in Toll Brothers by 6.5% in the second quarter. Farther Finance Advisors LLC now owns 1,485 shares of the construction company’s stock valued at $169,000 after purchasing an additional 90 shares in the last quarter. Finally, Park Avenue Securities LLC bought a new stake in Toll Brothers in the second quarter valued at approximately $259,000. Institutional investors own 91.76% of the company’s stock.

Insider Buying and Selling at Toll Brothers

In related news, Director Paul E. Shapiro sold 3,965 shares of the firm’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $146.68, for a total value of $581,586.20. Following the completion of the transaction, the director directly owned 118,680 shares of the company’s stock, valued at approximately $17,407,982.40. This trade represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.54% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on TOL shares. The Goldman Sachs Group upped their price objective on shares of Toll Brothers from $140.00 to $156.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. UBS Group lowered their price target on Toll Brothers from $183.00 to $181.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Zacks Research lowered Toll Brothers from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 11th. Bank of America decreased their price objective on Toll Brothers from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Friday, October 10th. Finally, Keefe, Bruyette & Woods lowered their target price on Toll Brothers from $145.00 to $143.00 and set a “market perform” rating for the company in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $154.40.

Toll Brothers Trading Down 0.7%

NYSE:TOL opened at $147.46 on Friday. The company has a market cap of $14.01 billion, a P/E ratio of 10.87, a price-to-earnings-growth ratio of 1.17 and a beta of 1.43. Toll Brothers Inc. has a twelve month low of $86.67 and a twelve month high of $151.10. The business has a 50 day moving average price of $138.60 and a two-hundred day moving average price of $134.63. The company has a quick ratio of 0.64, a current ratio of 4.38 and a debt-to-equity ratio of 0.34.

Toll Brothers (NYSE:TOL) last announced its earnings results on Monday, December 8th. The construction company reported $4.58 EPS for the quarter, missing the consensus estimate of $4.88 by ($0.30). Toll Brothers had a return on equity of 16.74% and a net margin of 12.28%.The business had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter in the previous year, the company posted $4.63 EPS. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. As a group, analysts expect that Toll Brothers Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 9th will be 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 is Friday, January 9th. Toll Brothers’s dividend payout ratio (DPR) is currently 7.37%.

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.