Investment House LLC Raises Position in Toll Brothers Inc. $TOL

Investment House LLC boosted its holdings in Toll Brothers Inc. (NYSE:TOL) by 103.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,849 shares of the construction company’s stock after purchasing an additional 17,193 shares during the period. Investment House LLC’s holdings in Toll Brothers were worth $4,577,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Western Wealth Management LLC boosted its holdings in Toll Brothers by 2.6% in the fourth quarter. Western Wealth Management LLC now owns 2,658 shares of the construction company’s stock valued at $359,000 after purchasing an additional 68 shares during the last quarter. Merit Financial Group LLC boosted its holdings in Toll Brothers by 0.4% in the fourth quarter. Merit Financial Group LLC now owns 20,568 shares of the construction company’s stock valued at $2,781,000 after purchasing an additional 72 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its holdings in Toll Brothers by 0.3% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 26,685 shares of the construction company’s stock valued at $3,633,000 after purchasing an additional 81 shares during the last quarter. Applied Finance Capital Management LLC boosted its holdings in Toll Brothers by 4.3% in the fourth quarter. Applied Finance Capital Management LLC now owns 2,062 shares of the construction company’s stock valued at $279,000 after purchasing an additional 85 shares during the last quarter. Finally, US Bancorp DE boosted its holdings in Toll Brothers by 1.5% in the third quarter. US Bancorp DE now owns 6,110 shares of the construction company’s stock valued at $844,000 after purchasing an additional 88 shares during the last quarter. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Key Headlines Impacting Toll Brothers

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

• Positive Sentiment: Toll Brothers beat Wall Street estimates for both earnings and revenue, reporting $2.72 per share versus consensus of about $2.57-$2.58 and revenue of $2.53 billion versus $2.42 billion expected. Article Title
• Positive Sentiment: The Wall Street Journal said the company’s revenue and profit declined less than expected, helped by an average delivered home price above $1 million, which supports luxury-home pricing power. Article Title
• Positive Sentiment: Industry commentary suggested luxury homes are still selling in a tough market, a potentially favorable sign for Toll Brothers’ margins and demand resilience. Article Title
• Neutral Sentiment: Analysts were looking for quarterly EPS of about $2.58 and revenue of $2.42 billion, so the report came in ahead of expectations but not by a wide enough margin to fully offset broader concerns. Article Title
• Neutral Sentiment: Recent housing-data coverage pointed to improving pending home sales, which may help sentiment for homebuilders, though the impact on Toll Brothers is still uncertain. Article Title
• Negative Sentiment: Even with the earnings beat, revenue fell 7.6% from a year ago and EPS was below last year’s $3.50, highlighting a year-over-year slowdown that may be pressuring the stock. Article Title

Toll Brothers Stock Down 2.5%

TOL opened at $123.85 on Wednesday. Toll Brothers Inc. has a 12 month low of $100.92 and a 12 month high of $168.36. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.57 and a quick ratio of 0.62. The stock has a market cap of $11.73 billion, a P/E ratio of 8.85, a P/E/G ratio of 0.99 and a beta of 1.39. The stock’s 50 day moving average price is $138.55 and its 200 day moving average price is $141.62.

Toll Brothers (NYSE:TOL) last posted its earnings results on Tuesday, May 19th. The construction company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.58 by $0.14. Toll Brothers had a return on equity of 16.83% and a net margin of 12.26%.The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.42 billion. During the same period last year, the firm earned $3.50 EPS. The firm’s revenue was down 7.6% compared to the same quarter last year. As a group, research analysts predict that Toll Brothers Inc. will post 12.65 earnings per share for the current year.

Toll Brothers Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Friday, April 10th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, April 10th. This is an increase from Toll Brothers’s previous quarterly dividend of $0.25. Toll Brothers’s dividend payout ratio is 7.43%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Zacks Research raised Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Royal Bank Of Canada increased their price target on Toll Brothers from $144.00 to $161.00 and gave the company an “outperform” rating in a report on Thursday, February 19th. Citizens Jmp reissued a “market outperform” rating and issued a $175.00 price target on shares of Toll Brothers in a report on Wednesday, February 18th. Wells Fargo & Company increased their price target on Toll Brothers from $170.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, Oppenheimer reissued an “outperform” rating and issued a $180.00 price target (up from $177.00) on shares of Toll Brothers in a report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $164.44.

Insiders Place Their Bets

In other Toll Brothers news, Director Stephen F. East sold 1,000 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $139.70, for a total transaction of $139,700.00. Following the completion of the transaction, the director directly owned 13,442 shares of the company’s stock, valued at approximately $1,877,847.40. This trade represents a 6.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas C. Jr. Yearley sold 45,116 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $160.42, for a total value of $7,237,508.72. Following the transaction, the chief executive officer directly owned 321,256 shares of the company’s stock, valued at approximately $51,535,887.52. The trade was a 12.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.37% of the company’s stock.

Toll Brothers 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.