Toll Brothers Inc. (NYSE:TOL) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Toll Brothers Inc. (NYSE:TOL) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-one analysts that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $163.5625.

Several brokerages recently issued reports on TOL. Benchmark initiated coverage on Toll Brothers in a research note on Tuesday, June 9th. They issued a “buy” rating on the stock. Barclays decreased their target price on Toll Brothers from $116.00 to $115.00 and set an “underweight” rating for the company in a research report on Wednesday, April 8th. Evercore reissued an “outperform” rating and set a $185.00 price target on shares of Toll Brothers in a research report on Thursday, May 21st. Weiss Ratings lowered Toll Brothers from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 22nd. Finally, Keefe, Bruyette & Woods upgraded Toll Brothers from a “market perform” rating to an “outperform” rating and lifted their price objective for the company from $158.00 to $161.00 in a report on Tuesday, June 9th.

Toll Brothers News Roundup

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

• Positive Sentiment: Toll Brothers opened new luxury home communities and model centers in Germantown, Maryland; Cumming, Georgia; Princeton, New Jersey; Las Vegas, Nevada; and Santa Clara, California, reinforcing its growth pipeline and expansion in high-end housing markets.
• Positive Sentiment: The company confirmed a quarterly cash dividend of $0.26 per share, underscoring shareholder returns and financial stability. Toll Brothers Announces Cash Dividend
• Positive Sentiment: Recent coverage highlighted investor interest in Toll Brothers’ valuation discount and noted the stock has outperformed since its last earnings report, suggesting sentiment remains constructive. Why Is Toll Brothers (TOL) Up 9.8% Since Last Earnings Report?
• Neutral Sentiment: The chairman, Douglas C. Jr. Yearley, sold 77,957 shares at $156.58, a notable insider transaction that could be viewed as routine profit-taking but may slightly weigh on sentiment. SEC Form 4 Filing

Insider Activity

In other 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 shares were sold at an average price of $156.58, for a total value of $12,206,507.06. Following the completion of the sale, the chairman owned 321,256 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through this link. Also, Director Stephen F. East sold 1,000 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $139.70, for a total transaction of $139,700.00. Following the transaction, the director owned 13,442 shares in the company, valued at approximately $1,877,847.40. This represents a 6.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.37% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in TOL. Hilton Head Capital Partners LLC boosted its position in Toll Brothers by 65.5% during the first quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock valued at $26,000 after purchasing an additional 74 shares in the last quarter. Wiser Advisor Group LLC bought a new position in Toll Brothers in the third quarter worth about $27,000. Pinnacle Holdings LLC bought a new position in Toll Brothers in the fourth quarter worth about $27,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Toll Brothers during the third quarter valued at about $28,000. Finally, Ramirez Asset Management Inc. purchased a new stake in shares of Toll Brothers during the third quarter valued at about $28,000. 91.76% of the stock is currently owned by hedge funds and other institutional investors.

Toll Brothers Trading Up 4.0%

Shares of TOL opened at $155.66 on Friday. The firm has a market capitalization of $14.55 billion, a price-to-earnings ratio of 11.77, a PEG ratio of 1.24 and a beta of 1.36. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.67 and a quick ratio of 0.59. Toll Brothers has a 1-year low of $105.65 and a 1-year high of $168.36. The company has a 50-day moving average of $140.31 and a 200 day moving average of $142.89.

Toll Brothers (NYSE:TOL) last issued its earnings results on Tuesday, May 19th. The construction company reported $2.72 EPS for the quarter, topping 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 business had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.42 billion. During the same period in the prior year, the firm earned $3.50 EPS. The company’s revenue for the quarter was down 7.6% compared to the same quarter last year. On average, research analysts expect that Toll Brothers will post 12.68 EPS for the current year.

Toll Brothers Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. Toll Brothers’s dividend payout ratio (DPR) is 7.87%.

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.