OMERS ADMINISTRATION Corp trimmed its holdings in shares of Toll Brothers Inc. (NYSE:TOL – Free Report) by 62.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,000 shares of the construction company’s stock after selling 8,270 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Toll Brothers were worth $824,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Toll Brothers in the second quarter worth about $1,610,696,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Toll Brothers by 2,067.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,303,915 shares of the construction company’s stock valued at $446,756,000 after buying an additional 3,151,509 shares during the period. Norges Bank purchased a new stake in shares of Toll Brothers during the 4th quarter valued at about $168,312,000. Bank of New York Mellon Corp acquired a new position in Toll Brothers during the 2nd quarter worth approximately $164,804,000. Finally, Ascentis Wealth Management LLC boosted its holdings in Toll Brothers by 16,397.7% in the 2nd quarter. Ascentis Wealth Management LLC now owns 539,641 shares of the construction company’s stock worth $88,906,000 after acquiring an additional 536,370 shares during the period. 91.76% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
TOL has been the topic of a number of recent research reports. Oppenheimer cut shares of Toll Brothers from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 9th. Piper Sandler lowered shares of Toll Brothers from an “overweight” rating to a “neutral” rating in a report on Tuesday, June 9th. Evercore reaffirmed an “outperform” rating and set a $191.00 price target on shares of Toll Brothers in a report on Thursday, August 20th. UBS Group lifted their price target on shares of Toll Brothers from $187.00 to $195.00 and gave the stock a “buy” rating in a research note on Thursday, August 20th. Finally, BTIG Research assumed coverage on shares of Toll Brothers in a report on Tuesday, June 9th. They issued a “buy” rating on the stock. Fifteen equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $166.67.
Toll Brothers News Roundup
Here are the key news stories impacting Toll Brothers this week:
- Positive Sentiment: Toll Brothers continues to expand in attractive luxury housing markets, announcing new communities near Dallas, in California, Las Vegas, and Harrison, New York. The developments increase its future selling opportunities and reinforce the company’s premium-market positioning. New Dallas-area community
- Positive Sentiment: The Harrison, New York, project is expected to launch this fall with luxury townhomes priced from approximately $1.6 million, while the Cumming, Georgia, model home is now available for purchase. These announcements could support future orders and revenue, although they are not immediate financial catalysts. Harrison luxury townhome community
- Neutral Sentiment: Recent developments in San Bruno, California, Las Vegas, and other markets demonstrate ongoing geographic growth, but the releases provided no pricing, order, margin, or earnings guidance. Their near-term impact on TOL’s valuation is therefore limited. Las Vegas community announcement
- Negative Sentiment: An analysis argues that Toll Brothers’ earnings per share improved without growth in total earnings, implying that share repurchases or a lower share count—not stronger profitability—supported per-share results. This is concerning because quarterly revenue fell about 9.7% year over year and earnings declined from the prior-year period. Toll Brothers earnings-per-share analysis
- Negative Sentiment: Recent insider activity is also a cautionary signal: company insiders made four reported open-market sales over the past six months and no purchases. The stock is trading below its 50-day moving average and close to its 200-day average, indicating continued investor pressure.
Toll Brothers Stock Performance
Shares of TOL opened at $145.05 on Friday. The firm has a market cap of $13.56 billion, a price-to-earnings ratio of 11.64, a PEG ratio of 1.21 and a beta of 1.35. The company has a quick ratio of 0.55, a current ratio of 4.53 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average is $151.65 and its two-hundred day moving average is $146.38. Toll Brothers Inc. has a 52-week low of $123.14 and a 52-week high of $168.36.
Toll Brothers (NYSE:TOL – Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The construction company reported $2.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.93 by $0.04. The business had revenue of $2.66 billion during the quarter, compared to analyst estimates of $2.62 billion. Toll Brothers had a net margin of 11.14% and a return on equity of 14.21%. The business’s revenue was down 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.73 earnings per share. Analysts forecast that Toll Brothers Inc. will post 12.81 EPS for the current fiscal year.
Toll Brothers Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were given 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 payout ratio is presently 8.35%.
Insider Transactions at Toll Brothers
In other news, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the company’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 sale, the chairman owned 321,256 shares in the company, valued at approximately $50,302,264.48. This represents a 19.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Robert Parahus sold 7,500 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $149.66, for a total transaction of $1,122,450.00. Following the transaction, the chief operating officer directly owned 23,457 shares in the company, valued at $3,510,574.62. The trade was a 24.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.37% of the company’s stock.
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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