WINTON GROUP Ltd Has $8.99 Million Stock Holdings in Toll Brothers Inc. $TOL

WINTON GROUP Ltd increased its holdings in shares of Toll Brothers Inc. (NYSE:TOL) by 768.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,100 shares of the construction company’s stock after purchasing an additional 57,600 shares during the period. WINTON GROUP Ltd owned approximately 0.07% of Toll Brothers worth $8,993,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in TOL. Candriam S.C.A. bought a new stake in shares of Toll Brothers in the 3rd quarter valued at $5,407,000. Moody Aldrich Partners LLC boosted its stake in Toll Brothers by 93.7% during the third quarter. Moody Aldrich Partners LLC now owns 27,234 shares of the construction company’s stock worth $3,762,000 after acquiring an additional 13,175 shares in the last quarter. Alps Advisors Inc. acquired a new stake in Toll Brothers in the third quarter worth $6,929,000. Allianz Asset Management GmbH grew its holdings in Toll Brothers by 11.1% in the third quarter. Allianz Asset Management GmbH now owns 226,911 shares of the construction company’s stock worth $31,345,000 after purchasing an additional 22,687 shares during the period. Finally, Advisors Capital Management LLC bought a new stake in Toll Brothers in the third quarter valued at $2,514,000. 91.76% of the stock is currently owned by institutional investors.

Toll Brothers Stock Down 1.4%

Shares of NYSE TOL opened at $147.55 on Monday. 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 company has a 50-day moving average price of $149.44 and a 200-day moving average price of $141.48. The stock has a market capitalization of $13.97 billion, a P/E ratio of 10.54, a P/E/G ratio of 1.15 and a beta of 1.45. Toll Brothers Inc. has a 1 year low of $86.67 and a 1 year high of $168.36.

Toll Brothers (NYSE:TOL) last posted its earnings results on Tuesday, February 17th. The construction company reported $2.19 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.14. The company had revenue of $2.15 billion for the quarter, compared to analyst estimates of $1.86 billion. Toll Brothers had a net margin of 12.26% and a return on equity of 16.83%. The firm’s revenue was up 15.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.75 EPS. On average, equities research analysts forecast that Toll Brothers Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 23rd. Stockholders of record on Friday, January 9th were paid a $0.25 dividend. The ex-dividend date of this dividend was Friday, January 9th. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Toll Brothers’s dividend payout ratio is 7.14%.

Insider Buying and Selling

In related news, Director Paul E. Shapiro sold 3,965 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $146.68, for a total value of $581,586.20. Following the completion of the sale, the director directly owned 118,680 shares of the company’s stock, valued at approximately $17,407,982.40. This represents a 3.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Douglas C. Jr. Yearley sold 45,116 shares of the firm’s 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 owned 321,256 shares in the company, valued at approximately $51,535,887.52. This trade represents a 12.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.37% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Citizens Jmp reiterated a “market outperform” rating and set a $175.00 price objective on shares of Toll Brothers in a report on Wednesday, February 18th. Evercore set a $174.00 target price on Toll Brothers in a research report on Thursday, February 19th. Barclays reaffirmed an “underweight” rating on shares of Toll Brothers in a research note on Monday, February 23rd. Royal Bank Of Canada increased their price target on Toll Brothers from $144.00 to $161.00 and gave the stock an “outperform” rating in a report on Thursday, February 19th. Finally, Citigroup boosted their price objective on Toll Brothers from $141.00 to $162.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $165.25.

Toll Brothers Company 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.