Toll Brothers (NYSE:TOL) Upgraded to “Strong-Buy” at Stonex Financia

Stonex Financia upgraded shares of Toll Brothers (NYSE:TOL) to a strong-buy rating in a research report sent to investors on Thursday morning,Zacks reports.

TOL has been the subject of several other reports. UBS Group increased their price objective on Toll Brothers from $187.00 to $195.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Citigroup dropped their target price on Toll Brothers from $179.00 to $168.00 and set a “buy” rating on the stock in a research report on Thursday. Weiss Ratings raised Toll Brothers from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, September 29th. Barclays cut their price target on Toll Brothers from $122.00 to $118.00 and set an “underweight” rating for the company in a research note on Tuesday, October 6th. Finally, Truist Financial lifted their price target on Toll Brothers from $165.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Toll Brothers currently has a consensus rating of “Moderate Buy” and a consensus target price of $166.67.

Toll Brothers Price Performance

Toll Brothers stock traded down $0.45 during midday trading on Thursday, hitting $133.49. The company’s stock had a trading volume of 1,301,677 shares, compared to its average volume of 1,204,210. Toll Brothers has a 12 month low of $123.14 and a 12 month high of $168.36. The company has a quick ratio of 0.55, a current ratio of 4.53 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $12.30 billion, a PE ratio of 10.71, a price-to-earnings-growth ratio of 1.08 and a beta of 1.31. The stock’s 50-day moving average price is $139.43 and its 200-day moving average price is $142.99.

Toll Brothers (NYSE:TOL) last issued its earnings results on Tuesday, August 18th. The construction company reported $2.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.93 by $0.04. The business had revenue of $2.66 billion for the quarter, compared to analysts’ expectations of $2.62 billion. Toll Brothers had a return on equity of 14.21% and a net margin of 11.14%. The company’s quarterly revenue was down 9.7% on a year-over-year basis. During the same period in the previous year, the firm posted $3.73 EPS. Analysts anticipate that Toll Brothers will post 12.80 earnings per share for the current fiscal year.

Toll Brothers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Friday, October 9th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, October 9th. Toll Brothers’s dividend payout ratio is 8.35%.

Insider Buying and Selling

In other news, Director Stephen East sold 800 shares of the business’s stock in a transaction on Thursday, September 24th. The shares were sold at an average price of $135.99, for a total value of $108,792.00. Following the completion of the sale, the director directly owned 12,642 shares in the company, valued at approximately $1,719,185.58. The trade was a 5.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.37% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Continuum Advisory LLC bought a new stake in Toll Brothers during the second quarter valued at about $28,000. Hilton Head Capital Partners LLC lifted its position in shares of Toll Brothers by 65.5% during the 1st quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock worth $26,000 after purchasing an additional 74 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Toll Brothers during the 2nd quarter worth about $35,000. Compass Financial Management LLC bought a new stake in Toll Brothers during the 2nd quarter valued at approximately $51,000. Finally, Caitlin John LLC acquired a new stake in Toll Brothers in the 2nd quarter valued at approximately $53,000. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Key Toll Brothers News

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

• Positive Sentiment: Toll Brothers announced several new luxury-home opportunities, including a new phase at Griffith Lakes in Charlotte, North Carolina; the Toll Brothers at Everly community in Spartanburg, South Carolina; and the upcoming lakefront Cypress Reserve community in Clermont, Florida. These openings expand the company’s selling pipeline and could support future orders and revenue. Griffith Lakes announcement Everly announcement Cypress Reserve announcement
• Positive Sentiment: The company also announced Magnolia Green, a new Nashville-area community in Franklin, Tennessee, with sales expected to begin after construction starts in early 2027. The LakePointe master-planned community in Covington, Washington, developed with Brookfield Residential, further broadens TOL’s geographic pipeline. Magnolia Green announcement LakePointe announcement
• Neutral Sentiment: Citigroup and RBC reduced their price targets to $168 and $148, respectively, but retained bullish ratings of “buy” and “outperform.” The cuts signal more cautious expectations, while the ratings indicate analysts still see upside from current levels.
• Negative Sentiment: Investor attention remains focused on earnings: the latest quarter’s revenue and EPS exceeded estimates, but revenue fell 9.7% year over year and EPS declined from the prior-year period. Articles also note that the stock’s valuation case depends on earnings holding up, leaving demand, margins, and mortgage affordability as key risks.

About Toll Brothers

Toll Brothers, Inc is a U.S. luxury homebuilder that designs, constructs, markets and sells single-family homes, townhomes and condominiums. The company serves move-up, luxury, active-adult and urban buyers, offering homes in a range of architectural styles and price points.

Founded in 1967 by brothers Robert I. Toll and Bruce E. Toll, the company develops residential communities on land it acquires and prepares for construction. Its operations also include related services such as mortgage financing, title and settlement services, and property development through its Toll Brothers Apartment Living and Toll Brothers City Living businesses.

Toll Brothers operates across numerous metropolitan and suburban markets in the United States, with a presence in regions including the Northeast, Mid-Atlantic, Southeast, Texas, the Midwest, Arizona and the West Coast.