One Wealth Advisors LLC Makes New $1.29 Million Investment in Toll Brothers Inc. $TOL

One Wealth Advisors LLC acquired a new stake in shares of Toll Brothers Inc. (NYSE:TOL) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 7,831 shares of the construction company’s stock, valued at approximately $1,290,000.

A number of other large investors also recently modified their holdings of TOL. Western Wealth Management LLC increased its stake in Toll Brothers by 2.6% in the 4th quarter. Western Wealth Management LLC now owns 2,658 shares of the construction company’s stock worth $359,000 after buying an additional 68 shares in the last quarter. Root Financial Partners LLC boosted its stake in shares of Toll Brothers by 21.9% in the fourth quarter. Root Financial Partners LLC now owns 389 shares of the construction company’s stock worth $53,000 after acquiring an additional 70 shares during the period. Merit Financial Group LLC boosted its stake in shares of Toll Brothers by 0.4% in the fourth quarter. Merit Financial Group LLC now owns 20,568 shares of the construction company’s stock worth $2,781,000 after acquiring an additional 72 shares during the period. IFP Advisors Inc grew its position in shares of Toll Brothers by 2.4% during the fourth quarter. IFP Advisors Inc now owns 3,200 shares of the construction company’s stock worth $433,000 after purchasing an additional 74 shares in the last quarter. Finally, Hilton Head Capital Partners LLC grew its position in shares of Toll Brothers by 65.5% during the first quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock worth $26,000 after purchasing an additional 74 shares in the last quarter. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Toll Brothers Price Performance

NYSE:TOL opened at $148.09 on Friday. The company has a current ratio of 4.67, a quick ratio of 0.59 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $13.84 billion, a P/E ratio of 11.20, a P/E/G ratio of 1.23 and a beta of 1.35. Toll Brothers Inc. has a 12 month low of $123.14 and a 12 month high of $168.36. The business’s 50-day moving average is $151.69 and its 200 day moving average is $146.40.

Toll Brothers (NYSE:TOL) last announced 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. Toll Brothers had a return on equity of 15.47% and a net margin of 11.66%.The company had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.42 billion. During the same period in the prior year, the company earned $3.50 earnings per share. The firm’s revenue was down 7.6% on a year-over-year basis. On average, equities research analysts forecast that Toll Brothers Inc. will post 12.69 earnings per share for the current fiscal year.

Toll Brothers Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, July 10th. Toll Brothers’s dividend payout ratio is currently 7.87%.

Analyst Upgrades and Downgrades

TOL has been the topic of a number of research analyst reports. Royal Bank Of Canada reissued an “outperform” rating and issued a $158.00 price target on shares of Toll Brothers in a report on Thursday, June 11th. Weiss Ratings upgraded shares of Toll Brothers from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. Benchmark assumed coverage on shares of Toll Brothers in a report on Tuesday, June 9th. They issued a “buy” rating on the stock. BTIG Research initiated coverage on shares of Toll Brothers in a research report on Tuesday, June 9th. They set a “buy” rating for the company. Finally, Citigroup upgraded shares of Toll Brothers from a “neutral” rating to a “buy” rating and upped their target price for the stock from $146.00 to $176.00 in a research report on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Toll Brothers presently has a consensus rating of “Moderate Buy” and an average price target of $164.88.

Insiders Place Their Bets

In related news, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the firm’s stock in a transaction 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 transaction, 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 transaction 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 business’s stock in a transaction 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 completion of the sale, the chief operating officer owned 23,457 shares in the company, valued at $3,510,574.62. This represents a 24.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.37% of the company’s stock.

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.