HighTower Advisors LLC Trims Stake in Toll Brothers Inc. $TOL

HighTower Advisors LLC lowered its position in Toll Brothers Inc. (NYSE:TOL) by 8.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,296 shares of the construction company’s stock after selling 4,327 shares during the quarter. HighTower Advisors LLC’s holdings in Toll Brothers were worth $7,463,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in TOL. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Toll Brothers in the second quarter worth $4,515,000. First Eagle Investment Management LLC grew its position in Toll Brothers by 131.6% during the second quarter. First Eagle Investment Management LLC now owns 6,000 shares of the construction company’s stock worth $988,000 after buying an additional 3,409 shares in the last quarter. California State Teachers Retirement System grew its position in Toll Brothers by 16,116.7% during the second quarter. California State Teachers Retirement System now owns 17,926,118 shares of the construction company’s stock worth $2,953,328,000 after buying an additional 17,815,577 shares in the last quarter. Wedmont Private Capital bought a new position in Toll Brothers in the 2nd quarter worth about $316,000. Finally, HB Wealth Management LLC increased its stake in Toll Brothers by 9.5% in the 2nd quarter. HB Wealth Management LLC now owns 3,814 shares of the construction company’s stock worth $628,000 after acquiring an additional 330 shares during the last quarter. Institutional investors own 91.76% of the company’s stock.

Insider Buying and Selling

In other Toll Brothers news, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $156.58, for a total transaction of $12,206,507.06. Following 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Robert Parahus sold 7,500 shares of Toll Brothers stock in a transaction that occurred on 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. This trade represents a 24.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on TOL shares. Barclays raised their price target on Toll Brothers from $115.00 to $122.00 and gave the company an “underweight” rating in a report on Tuesday, July 14th. BTIG Research initiated coverage on Toll Brothers in a report on Tuesday, June 9th. They set a “buy” rating for the company. Evercore restated an “outperform” rating and issued a $191.00 price objective on shares of Toll Brothers in a research report on Thursday, August 20th. Truist Financial raised their target price on shares of Toll Brothers from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Finally, UBS Group lifted their target price on shares of Toll Brothers from $187.00 to $195.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Thirteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $167.27.

Key Stories Impacting Toll Brothers

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

• Positive Sentiment: Toll Brothers announced the grand opening of the amenity center at Griffith Lakes, a resort-style master-planned community in Charlotte, North Carolina. The event highlights continued development activity and could support future home sales in the market. Toll Brothers Announces Grand Opening of Amenity Center at Griffith Lakes
• Positive Sentiment: The company is expanding its Austin-area presence with model-home openings at Crestline at Brushy Creek in Cedar Park and Wildspring in Leander. These launches may improve community visibility and generate new orders, although their financial impact is likely to develop over time. Toll Brothers Model Home Opens in Crestline at Brushy Creek Toll Brothers Announces Model Home Grand Opening at Wildspring
• Neutral Sentiment: Buffington Homes by Toll Brothers will host a luxury home tour in Northwest Arkansas, while Toll Brothers announced another building release at the Iron Creek townhome community in Charlotte. The announcements reinforce ongoing sales and marketing activity but provide no immediate change to earnings guidance. Buffington Homes Announces 2026 Luxury Home Tour Toll Brothers Announces New Building Release at Iron Creek
• Negative Sentiment: Zacks Research lowered several EPS forecasts, including Q4 2026 to $4.82 from $4.85, FY2028 to $16.74 from $16.84, and estimates for Q1 and Q2 2027 and Q1-Q3 2028. Although FY2026 and FY2027 estimates were raised modestly to $12.70 and $14.27, respectively, the broader pattern of forecast reductions may signal caution about housing demand, margins, or delivery timing.

Toll Brothers Trading Down 2.2%

NYSE TOL opened at $132.03 on Friday. The stock’s 50-day simple moving average is $147.86 and its two-hundred day simple moving average is $144.85. Toll Brothers Inc. has a twelve month low of $123.14 and a twelve month high of $168.36. 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 company has a market capitalization of $12.17 billion, a price-to-earnings ratio of 10.60, a PEG ratio of 1.09 and a beta of 1.34.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings results 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 return on equity of 14.21% and a net margin of 11.14%.The firm had revenue of $2.66 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the previous year, the company posted $3.73 earnings per share. The company’s revenue was down 9.7% compared to the same quarter last year. Research analysts forecast that Toll Brothers Inc. will post 12.81 EPS for the current fiscal year.

Toll Brothers Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were given a $0.26 dividend. The ex-dividend date was Friday, July 10th. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. Toll Brothers’s payout ratio is presently 8.35%.

Toll Brothers Company Profile

Toll Brothers, Inc is a luxury homebuilding company that designs, constructs, markets and sells residential properties in the United States. The company develops communities featuring single-family detached homes, townhomes and condominiums, as well as active-adult communities and urban high-rise residences. Its offerings generally target move-up, luxury and resort-style homebuyers, with homes available in a range of designs, locations and customization options.

Through related operations, Toll Brothers also provides mortgage financing, title and settlement services, homeowners insurance and other services that support the home purchase process.