Northstar Advisory Group LLC Has $4.81 Million Holdings in Toll Brothers Inc. $TOL

Northstar Advisory Group LLC increased its holdings in Toll Brothers Inc. (NYSE:TOL) by 298.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,786 shares of the construction company’s stock after purchasing an additional 26,045 shares during the quarter. Toll Brothers makes up 2.0% of Northstar Advisory Group LLC’s investment portfolio, making the stock its 15th biggest holding. Northstar Advisory Group LLC’s holdings in Toll Brothers were worth $4,805,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. AQR Capital Management LLC increased 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 buying an additional 1,183,304 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Toll Brothers by 4.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 2,011,618 shares of the construction company’s stock valued at $229,586,000 after acquiring an additional 78,035 shares during the last quarter. Norges Bank acquired a new stake in Toll Brothers during the 2nd quarter valued at approximately $154,782,000. Holocene Advisors LP raised its holdings 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 during the last quarter. Finally, Bamco Inc. NY lifted its position in shares of Toll Brothers by 116.9% in 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 during the period. 91.76% of the stock is owned by institutional investors.

Toll Brothers Price Performance

TOL stock opened at $143.97 on Tuesday. Toll Brothers Inc. has a 1 year low of $86.67 and a 1 year high of $151.10. The stock has a market capitalization of $13.68 billion, a PE ratio of 10.62, a price-to-earnings-growth ratio of 1.14 and a beta of 1.43. The company’s 50-day moving average is $139.24 and its 200-day moving average is $135.20. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.38 and a quick ratio of 0.64.

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

Toll Brothers Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 23rd. Investors of record on Friday, January 9th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, January 9th. Toll Brothers’s dividend payout ratio (DPR) is currently 7.37%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TOL. UBS Group lowered their target price on shares of Toll Brothers from $183.00 to $181.00 and set a “buy” rating for the company in a research note on Wednesday, December 10th. Evercore ISI reissued an “in-line” rating and issued a $160.00 price objective (down from $169.00) on shares of Toll Brothers in a research report on Tuesday, October 7th. JPMorgan Chase & Co. dropped their price objective on Toll Brothers from $161.00 to $141.00 and set an “overweight” rating on the stock in a research note on Friday, December 12th. BTIG Research began coverage on Toll Brothers in a research note on Monday, December 1st. They set a “neutral” rating for the company. Finally, The Goldman Sachs Group lifted their target price on Toll Brothers from $140.00 to $156.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.40.

Insider Transactions at Toll Brothers

In other Toll Brothers news, Director Paul E. Shapiro sold 3,965 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $146.68, for a total transaction of $581,586.20. Following the completion of the sale, the director owned 118,680 shares in the company, valued at approximately $17,407,982.40. The trade was a 3.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.54% 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.