Toll Brothers (NYSE:TOL) Stock Gets Price Target Trim from Citigroup

Toll Brothers (NYSE:TOL) had its price objective reduced by Citigroup from $179.00 to $168.00 in a report released on Thursday morning,Benzinga reports. They currently have a buy rating on the construction company’s stock.

Several other research firms have also recently issued reports on TOL. Barclays decreased their target price on shares of Toll Brothers from $122.00 to $118.00 and set an “underweight” rating on the stock in a research report on Tuesday, October 6th. Morgan Stanley assumed coverage on shares of Toll Brothers in a research report on Thursday, October 1st. They set an “overweight” rating and a $159.00 price target for the company. Evercore set a $184.00 price target on shares of Toll Brothers in a research note on Friday, September 25th. Melius Research started coverage on shares of Toll Brothers in a research note on Tuesday, October 6th. They set a “buy” rating and a $179.00 price target on the stock. Finally, Weiss Ratings upgraded shares of Toll Brothers from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, September 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Toll Brothers presently has an average rating of “Moderate Buy” and a consensus price target of $166.67.

Toll Brothers Stock Performance

NYSE TOL opened at $133.49 on Thursday. The business’s 50-day moving average price is $139.43 and its 200 day moving average price is $142.99. The company has a current ratio of 4.53, a quick ratio of 0.55 and a debt-to-equity ratio of 0.32. Toll Brothers has a twelve month low of $123.14 and a twelve month high of $168.36. The company has a market capitalization of $12.30 billion, a PE ratio of 10.71, a price-to-earnings-growth ratio of 1.08 and a beta of 1.31.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings results on Tuesday, August 18th. The construction company reported $2.97 EPS for the quarter, beating 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 company had revenue of $2.66 billion during the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter in the previous year, the business earned $3.73 EPS. The firm’s revenue was down 9.7% on a year-over-year basis. On average, research analysts predict that Toll Brothers will post 12.80 earnings per share for the current year.

Toll Brothers Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 23rd. Investors of record on Friday, October 9th will be given 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 is Friday, October 9th. Toll Brothers’s dividend payout ratio is 8.35%.

Insider Buying and Selling

In other Toll Brothers news, Director Stephen East sold 800 shares of Toll Brothers stock in a transaction that occurred on Thursday, September 24th. The shares were sold at an average price of $135.99, for a total transaction of $108,792.00. Following the transaction, the director directly owned 12,642 shares of the company’s stock, valued at $1,719,185.58. The trade was a 5.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.37% of the company’s stock.

Institutional Investors Weigh In On Toll Brothers

Several large investors have recently made changes to their positions in the business. Hilton Head Capital Partners LLC boosted its position in shares of Toll Brothers by 65.5% in the first quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock worth $26,000 after buying an additional 74 shares during the period. WealthPlan Investment Management LLC raised its holdings in shares of Toll Brothers by 4.8% during the 3rd quarter. WealthPlan Investment Management LLC now owns 1,689 shares of the construction company’s stock valued at $228,000 after buying an additional 77 shares during the period. Bessemer Group Inc. raised its holdings in shares of Toll Brothers by 4.7% during the 1st quarter. Bessemer Group Inc. now owns 1,771 shares of the construction company’s stock valued at $242,000 after buying an additional 80 shares during the period. Allegiance Financial Group Advisory Services LLC raised its holdings in shares of Toll Brothers by 4.2% during the 2nd quarter. Allegiance Financial Group Advisory Services LLC now owns 2,000 shares of the construction company’s stock valued at $330,000 after buying an additional 80 shares during the period. Finally, Atria Investments Inc lifted its position in Toll Brothers by 1.9% during the 2nd quarter. Atria Investments Inc now owns 4,345 shares of the construction company’s stock worth $716,000 after acquiring an additional 83 shares in the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Toll Brothers News Roundup

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

• Positive Sentiment: Toll Brothers announced several new luxury-home opportunities, including a new phase at Griffith Lakes in Charlotte, North Carolina; the Toll Brothers at Everly community in Spartanburg, South Carolina; and the upcoming lakefront Cypress Reserve community in Clermont, Florida. These openings expand the company’s selling pipeline and could support future orders and revenue. Griffith Lakes announcement Everly announcement Cypress Reserve announcement
• Positive Sentiment: The company also announced Magnolia Green, a new Nashville-area community in Franklin, Tennessee, with sales expected to begin after construction starts in early 2027. The LakePointe master-planned community in Covington, Washington, developed with Brookfield Residential, further broadens TOL’s geographic pipeline. Magnolia Green announcement LakePointe announcement
• Neutral Sentiment: Citigroup and RBC reduced their price targets to $168 and $148, respectively, but retained bullish ratings of “buy” and “outperform.” The cuts signal more cautious expectations, while the ratings indicate analysts still see upside from current levels.
• Negative Sentiment: Investor attention remains focused on earnings: the latest quarter’s revenue and EPS exceeded estimates, but revenue fell 9.7% year over year and EPS declined from the prior-year period. Articles also note that the stock’s valuation case depends on earnings holding up, leaving demand, margins, and mortgage affordability as key risks.

Toll Brothers Company Profile

Toll Brothers, Inc is a U.S. luxury homebuilder that designs, constructs, markets and sells single-family homes, townhomes and condominiums. The company serves move-up, luxury, active-adult and urban buyers, offering homes in a range of architectural styles and price points.

Founded in 1967 by brothers Robert I. Toll and Bruce E. Toll, the company develops residential communities on land it acquires and prepares for construction. Its operations also include related services such as mortgage financing, title and settlement services, and property development through its Toll Brothers Apartment Living and Toll Brothers City Living businesses.

Toll Brothers operates across numerous metropolitan and suburban markets in the United States, with a presence in regions including the Northeast, Mid-Atlantic, Southeast, Texas, the Midwest, Arizona and the West Coast.