Toll Brothers’ (TOL) Neutral Rating Reiterated at Seaport Research Partners

Toll Brothers (NYSE:TOL)‘s stock had its “neutral” rating restated by stock analysts at Seaport Research Partners in a research note issued to investors on Tuesday,Benzinga reports.

TOL has been the topic of a number of other research reports. Keefe, Bruyette & Woods increased their price target on Toll Brothers from $143.00 to $170.00 and gave the company a “market perform” rating in a research note on Wednesday, February 25th. Weiss Ratings raised shares of Toll Brothers from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 10th. Citizens Jmp reaffirmed a “market outperform” rating and set a $175.00 price objective on shares of Toll Brothers in a research report on Wednesday, February 18th. The Goldman Sachs Group lifted their price objective on shares of Toll Brothers from $140.00 to $156.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Finally, Zacks Research raised shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Toll Brothers presently has a consensus rating of “Moderate Buy” and an average price target of $165.25.

Toll Brothers Stock Up 1.3%

NYSE:TOL opened at $137.59 on Tuesday. The firm has a market capitalization of $13.03 billion, a price-to-earnings ratio of 9.83, a price-to-earnings-growth ratio of 1.06 and a beta of 1.49. Toll Brothers has a twelve month low of $86.67 and a twelve month high of $168.36. The stock’s 50 day moving average price is $147.59 and its two-hundred day moving average price is $140.95. The company has a quick ratio of 0.62, a current ratio of 4.57 and a debt-to-equity ratio of 0.32.

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

Insider Buying and Selling at Toll Brothers

In related news, Director Paul E. Shapiro sold 3,965 shares of the business’s 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 in the company, valued at $17,407,982.40. The trade was a 3.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Douglas C. Jr. Yearley sold 45,116 shares of the business’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 completion of the sale, the chief executive officer owned 321,256 shares of the company’s stock, valued at $51,535,887.52. This trade represents a 12.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.37% of the company’s stock.

Institutional Trading of Toll Brothers

Several institutional investors have recently added to or reduced their stakes in the company. Greenhaven Associates Inc. boosted its stake in Toll Brothers by 0.4% in the 4th quarter. Greenhaven Associates Inc. now owns 5,603,187 shares of the construction company’s stock valued at $757,663,000 after purchasing an additional 22,218 shares during the period. Capital World Investors boosted its stake in Toll Brothers by 51.5% in the 3rd quarter. Capital World Investors now owns 5,187,673 shares of the construction company’s stock valued at $716,625,000 after purchasing an additional 1,763,211 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Toll Brothers by 2,067.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,303,915 shares of the construction company’s stock valued at $446,756,000 after purchasing an additional 3,151,509 shares during the period. Dimensional Fund Advisors LP boosted its stake in Toll Brothers by 1.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,901,015 shares of the construction company’s stock valued at $400,745,000 after purchasing an additional 39,987 shares during the period. Finally, AQR Capital Management LLC boosted its stake in Toll Brothers by 83.1% in the 2nd quarter. AQR Capital Management LLC now owns 2,607,993 shares of the construction company’s stock valued at $297,650,000 after purchasing an additional 1,183,304 shares during the period. 91.76% of the stock is currently owned by institutional investors.

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.