Revolve Wealth Partners LLC Makes New Investment in Toll Brothers Inc. $TOL

Revolve Wealth Partners LLC acquired a new stake in Toll Brothers Inc. (NYSE:TOL) in the 3rd quarter, HoldingsChannel reports. The fund acquired 11,566 shares of the construction company’s stock, valued at approximately $1,598,000.

A number of other institutional investors have also recently made changes to their positions in TOL. Norges Bank purchased a new position in Toll Brothers in the 2nd quarter valued at approximately $154,782,000. AQR Capital Management LLC raised its stake in shares of Toll Brothers by 83.1% in the second quarter. AQR Capital Management LLC now owns 2,607,993 shares of the construction company’s stock valued at $297,650,000 after acquiring an additional 1,183,304 shares in the last quarter. Long Pond Capital LP purchased a new position in Toll Brothers in the first quarter valued at $117,870,000. Holocene Advisors LP grew its stake in Toll Brothers by 150.7% during the 2nd quarter. Holocene Advisors LP now owns 1,249,722 shares of the construction company’s stock worth $142,631,000 after purchasing an additional 751,255 shares in the last quarter. Finally, Bamco Inc. NY grew its stake in Toll Brothers by 116.9% during the 2nd quarter. Bamco Inc. NY now owns 1,134,680 shares of the construction company’s stock worth $129,501,000 after purchasing an additional 611,523 shares in the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TOL. JPMorgan Chase & Co. reduced their price target on Toll Brothers from $161.00 to $141.00 and set an “overweight” rating on the stock in a research report on Friday, December 12th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Toll Brothers in a report on Wednesday, October 8th. BTIG Research started coverage on shares of Toll Brothers in a report on Monday, December 1st. They set a “neutral” rating for the company. Keefe, Bruyette & Woods dropped their price objective on shares of Toll Brothers from $145.00 to $143.00 and set a “market perform” rating on the stock in a research report on Thursday, December 11th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $160.00 price objective (up from $130.00) on shares of Toll Brothers in a research report on Monday, August 25th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $150.36.

Toll Brothers Stock Performance

Shares of TOL opened at $139.61 on Tuesday. The company has a market capitalization of $13.46 billion, a price-to-earnings ratio of 10.30, a price-to-earnings-growth ratio of 1.13 and a beta of 1.39. Toll Brothers Inc. has a 52-week low of $86.67 and a 52-week high of $149.79. The company has a quick ratio of 0.64, a current ratio of 4.38 and a debt-to-equity ratio of 0.34. The stock has a 50 day moving average price of $135.77 and a 200 day moving average price of $130.15.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Monday, December 8th. The construction company reported $4.58 earnings per share for the quarter, missing the consensus estimate of $4.88 by ($0.30). Toll Brothers had a return on equity of 16.74% and a net margin of 12.28%.The company had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same quarter in the prior year, the firm posted $4.63 EPS. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. Research analysts predict that Toll Brothers Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 9th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, January 9th. Toll Brothers’s dividend payout ratio is currently 7.37%.

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.