Cannell & Spears LLC Sells 38,345 Shares of Toll Brothers Inc. $TOL

Cannell & Spears LLC decreased its stake in Toll Brothers Inc. (NYSE:TOL) by 12.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 263,405 shares of the construction company’s stock after selling 38,345 shares during the quarter. Cannell & Spears LLC’s holdings in Toll Brothers were worth $36,387,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Sivia Capital Partners LLC purchased a new stake in Toll Brothers during the 2nd quarter valued at $705,000. ProShare Advisors LLC boosted its stake in Toll Brothers by 3.6% during the second quarter. ProShare Advisors LLC now owns 4,408 shares of the construction company’s stock worth $503,000 after buying an additional 155 shares during the period. Allworth Financial LP boosted its stake in Toll Brothers by 1,242.2% during the second quarter. Allworth Financial LP now owns 1,463 shares of the construction company’s stock worth $167,000 after buying an additional 1,354 shares during the period. Vise Technologies Inc. bought a new position in Toll Brothers during the second quarter valued at $384,000. Finally, SBI Securities Co. Ltd. increased its position in Toll Brothers by 201.7% during the second quarter. SBI Securities Co. Ltd. now owns 875 shares of the construction company’s stock valued at $100,000 after acquiring an additional 585 shares during the last quarter. Institutional investors own 91.76% of the company’s stock.

Insider Buying and Selling

In other news, CEO Douglas C. Jr. Yearley sold 45,116 shares of Toll Brothers stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $160.42, for a total transaction of $7,237,508.72. Following the completion of the sale, the chief executive officer owned 321,256 shares of the company’s stock, valued at approximately $51,535,887.52. The trade was a 12.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Paul E. Shapiro sold 3,965 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $146.68, for a total value of $581,586.20. Following the completion of the sale, the director owned 118,680 shares of the company’s stock, valued at $17,407,982.40. The trade was a 3.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.37% of the company’s stock.

Toll Brothers Stock Down 1.1%

Shares of TOL opened at $136.56 on Friday. The firm has a fifty day moving average price of $150.04 and a 200-day moving average price of $141.63. The company has a current ratio of 4.57, a quick ratio of 0.62 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $12.93 billion, a P/E ratio of 9.75, a P/E/G ratio of 1.06 and a beta of 1.45. Toll Brothers Inc. has a 12-month low of $86.67 and a 12-month high of $168.36.

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

Toll Brothers Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Friday, April 10th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Toll Brothers’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, April 10th. Toll Brothers’s dividend payout ratio is 7.14%.

More Toll Brothers News

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

• Positive Sentiment: Board raised the quarterly cash dividend 4% to $0.26/share (sixth consecutive year of increases), reinforcing shareholder returns and signaling healthy cash flow. Toll Brothers Announces Cash Dividend
• Positive Sentiment: Broker commentary highlights valuation attractiveness — Truist called attention to Toll Brothers’ valuation, which can attract value-oriented buyers given the company’s earnings and dividend. Truist highlights attractive valuation for Toll Brothers, Inc. (TOL)
• Positive Sentiment: Analyst sentiment and price targets remain mostly bullish (multiple Buy/Outperform ratings and a median 6‑month target above the current price), supporting upside potential if fundamentals continue. Analyst coverage
• Positive Sentiment: Product pipeline expansion — Toll unveiled two new luxury townhome designs at Cross Kirkland Towns and opened/announced several new communities and model-home sales across key markets, supporting future revenue and presales. Toll Brothers Unveils Two Brand-New Home Designs at Cross Kirkland Towns
• Neutral Sentiment: Shareholders approved the board slate, auditor and pay at the annual meeting — clears governance overhang but is a one-time procedural item. Toll Brothers Shareholders Back Board, Auditor and Pay
• Neutral Sentiment: Hedge fund and institutional activity is mixed — large additions by some firms but sizeable reductions by others, producing ambiguous near-term flows. Institutional holdings
• Negative Sentiment: Insider selling: recent open‑market sales by executives (including the CEO) have been reported, which can create short-term selling pressure and investor concern. Toll Brothers Unveils New Luxury Home Designs at Cross Kirkland Towns in Washington
• Negative Sentiment: Technical/valuation headwinds — the stock is trading below its 50‑day and 200‑day moving averages, which can trigger momentum selling and caution among technical traders. Technical indicators
• Negative Sentiment: Product pricing and market mix risk: new offerings are luxury-priced (e.g., Cross Kirkland starting at ~$1.2M), which limits buyer pool and makes sales more sensitive to local economic or rate headwinds. Pricing risk

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on TOL shares. BTIG Research assumed coverage on shares of Toll Brothers in a research note on Monday, December 1st. They set a “neutral” rating for the company. Zacks Research raised shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. UBS Group raised their price objective on shares of Toll Brothers from $181.00 to $198.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Evercore set a $174.00 target price on Toll Brothers in a research report on Thursday, February 19th. Finally, Weiss Ratings raised Toll Brothers from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 10th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Toll Brothers presently has an average rating of “Moderate Buy” and a consensus target price of $165.25.

About Toll Brothers

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.