Toll Brothers Inc. $TOL Stock Holdings Raised by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. grew its holdings in shares of Toll Brothers Inc. (NYSE:TOL) by 2.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 268,356 shares of the construction company’s stock after buying an additional 5,965 shares during the period. Vaughan Nelson Investment Management L.P. owned 0.28% of Toll Brothers worth $36,623,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wiser Advisor Group LLC acquired a new position in Toll Brothers in the third quarter worth approximately $27,000. Pinnacle Holdings LLC acquired a new stake in shares of Toll Brothers during the 4th quarter valued at $27,000. Ramirez Asset Management Inc. bought a new stake in shares of Toll Brothers during the 3rd quarter worth $28,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Toll Brothers during the 3rd quarter worth $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Toll Brothers in the 4th quarter worth $34,000. Institutional investors own 91.76% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Benchmark began coverage on Toll Brothers in a report on Tuesday, June 9th. They set a “buy” rating for the company. JPMorgan Chase & Co. boosted their price target on Toll Brothers from $141.00 to $143.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. Citigroup initiated coverage on Toll Brothers in a report on Tuesday, June 9th. They issued an “outperform” rating on the stock. Evercore reiterated an “outperform” rating and issued a $185.00 target price on shares of Toll Brothers in a research note on Thursday, May 21st. Finally, Truist Financial decreased their target price on shares of Toll Brothers from $170.00 to $165.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Toll Brothers has a consensus rating of “Moderate Buy” and an average target price of $163.56.

Toll Brothers Stock Down 0.0%

Shares of Toll Brothers stock opened at $155.66 on Monday. Toll Brothers Inc. has a 12-month low of $105.65 and a 12-month high of $168.36. The company has a quick ratio of 0.59, a current ratio of 4.67 and a debt-to-equity ratio of 0.33. The stock has a 50 day moving average price of $140.64 and a two-hundred day moving average price of $143.00. The stock has a market capitalization of $14.55 billion, a P/E ratio of 11.77, a PEG ratio of 1.29 and a beta of 1.36.

Toll Brothers (NYSE:TOL) last released its quarterly earnings results on Tuesday, May 19th. The construction company reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.58 by $0.14. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.42 billion. Toll Brothers had a net margin of 11.66% and a return on equity of 15.47%. The company’s quarterly revenue was down 7.6% compared to the same quarter last year. During the same quarter last year, the firm posted $3.50 earnings per share. Equities analysts expect that Toll Brothers Inc. will post 12.68 earnings per share for the current year.

Toll Brothers Announces Dividend

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

Insiders Place Their Bets

In other news, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $156.58, for a total value of $12,206,507.06. Following the sale, the chairman directly owned 321,256 shares of the company’s stock, valued at approximately $50,302,264.48. This trade represents a 19.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stephen F. East sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $139.70, for a total value of $139,700.00. Following the completion of the sale, the director directly 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 SEC filing for this sale provides additional information. 1.37% of the stock is owned by insiders.

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.