Inceptionr LLC Acquires New Shares in Toll Brothers Inc. $TOL

Inceptionr LLC bought a new position in shares of Toll Brothers Inc. (NYSE:TOL) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,906 shares of the construction company’s stock, valued at approximately $670,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Hilton Head Capital Partners LLC lifted its stake in shares of Toll Brothers by 65.5% in the 1st quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock valued at $26,000 after purchasing an additional 74 shares during the last quarter. Wiser Advisor Group LLC purchased a new stake in Toll Brothers in the 3rd quarter valued at about $27,000. Pinnacle Holdings LLC acquired a new position in Toll Brothers in the fourth quarter valued at about $27,000. Measured Wealth Private Client Group LLC acquired a new position in Toll Brothers in the third quarter valued at about $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in Toll Brothers during the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Insider Transactions at Toll Brothers

In related news, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the firm’s stock in a transaction that occurred 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 sale, the chairman owned 321,256 shares of the company’s stock, valued at $50,302,264.48. This trade represents a 19.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Robert Parahus sold 7,500 shares of Toll Brothers stock in a transaction that occurred 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 transaction, the chief operating officer owned 23,457 shares of the company’s stock, valued at $3,510,574.62. This represents a 24.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Argus set a $170.00 price target on shares of Toll Brothers in a research report on Tuesday, June 2nd. Barclays upped their price objective on shares of Toll Brothers from $115.00 to $122.00 and gave the stock an “underweight” rating in a report on Tuesday, July 14th. UBS Group upgraded shares of Toll Brothers from a “buy” rating to a “buy” rating in a report on Tuesday, June 9th. Evercore reissued an “outperform” rating and issued a $185.00 target price on shares of Toll Brothers in a research report on Thursday, May 21st. Finally, BTIG Research assumed coverage on Toll Brothers in a research note on Tuesday, June 9th. They set a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $164.88.

Toll Brothers Stock Up 2.3%

Toll Brothers stock opened at $149.92 on Friday. The firm has a market capitalization of $14.01 billion, a P/E ratio of 11.34, a P/E/G ratio of 1.24 and a beta of 1.34. The company has a current ratio of 4.67, a quick ratio of 0.59 and a debt-to-equity ratio of 0.33. Toll Brothers Inc. has a twelve month low of $117.50 and a twelve month high of $168.36. The stock’s fifty day simple moving average is $147.14 and its 200-day simple moving average is $145.63.

Toll Brothers (NYSE:TOL) last released its earnings results on Tuesday, May 19th. The construction company reported $2.72 earnings per share (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 firm had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.42 billion. During the same period last year, the business posted $3.50 earnings per share. Toll Brothers’s revenue was down 7.6% compared to the same quarter last year. As a group, equities analysts expect that Toll Brothers Inc. will post 12.69 earnings per share for the current fiscal year.

Toll Brothers Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. Toll Brothers’s payout ratio is currently 7.87%.

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.