Savant Capital LLC Trims Stock Position in Toll Brothers Inc. $TOL

Savant Capital LLC lessened its holdings in shares of Toll Brothers Inc. (NYSE:TOL) by 96.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,565 shares of the construction company’s stock after selling 47,981 shares during the period. Savant Capital LLC’s holdings in Toll Brothers were worth $212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Wiser Advisor Group LLC purchased a new position in shares of Toll Brothers during the third quarter worth $27,000. Ramirez Asset Management Inc. purchased a new position in shares of Toll Brothers during the third quarter worth $28,000. Abich Financial Wealth Management LLC purchased a new position in shares of Toll Brothers during the third quarter worth $28,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Toll Brothers during the third quarter worth $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Toll Brothers during the fourth quarter worth $34,000. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Insider Activity

In other news, Director Stephen F. East sold 1,000 shares of Toll Brothers stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $139.70, for a total value of $139,700.00. Following the sale, the director owned 13,442 shares in the company, valued at $1,877,847.40. This trade represents a 6.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.37% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on TOL shares. Seaport Research Partners reaffirmed a “neutral” rating on shares of Toll Brothers in a report on Tuesday, April 7th. Weiss Ratings cut shares of Toll Brothers from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 22nd. UBS Group cut their price objective on shares of Toll Brothers from $198.00 to $187.00 and set a “buy” rating for the company in a report on Thursday, May 21st. Keefe, Bruyette & Woods lifted their price objective on shares of Toll Brothers from $143.00 to $170.00 and gave the company a “market perform” rating in a report on Wednesday, February 25th. Finally, Argus set a $170.00 price objective on shares of Toll Brothers in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $164.13.

Toll Brothers Stock Down 0.1%

TOL opened at $137.83 on Monday. Toll Brothers Inc. has a fifty-two week low of $104.09 and a fifty-two week high of $168.36. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.59 and a current ratio of 4.67. The company has a fifty day moving average of $138.08 and a two-hundred day moving average of $142.03. The stock has a market capitalization of $12.88 billion, a price-to-earnings ratio of 10.43, a PEG ratio of 1.14 and a beta of 1.36.

Toll Brothers (NYSE:TOL) last announced its earnings results on Tuesday, May 19th. The construction company reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.58 by $0.14. Toll Brothers had a net margin of 11.66% and a return on equity of 15.47%. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.42 billion. During the same quarter last year, the business earned $3.50 earnings per share. The company’s revenue for the quarter was down 7.6% compared to the same quarter last year. On average, research analysts expect that Toll Brothers Inc. will post 12.67 earnings per share for the current year.

Toll Brothers Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 24th. Stockholders of record on Friday, April 10th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.25. The ex-dividend date was Friday, April 10th. Toll Brothers’s dividend payout ratio (DPR) is 7.87%.

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.