Old North State Trust LLC Makes New $1.32 Million Investment in Toll Brothers Inc. $TOL

Old North State Trust LLC purchased a new position in shares of Toll Brothers Inc. (NYSE:TOL) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 8,044 shares of the construction company’s stock, valued at approximately $1,325,000.

Several other institutional investors have also bought and sold shares of TOL. Hilton Head Capital Partners LLC increased its position in Toll Brothers by 65.5% in the first quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock worth $26,000 after buying an additional 74 shares during the last quarter. Wiser Advisor Group LLC bought a new stake in shares of Toll Brothers in the third quarter valued at $27,000. Pinnacle Holdings LLC purchased a new position in shares of Toll Brothers during the 4th quarter valued at $27,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Toll Brothers during the 3rd quarter valued at $29,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Toll Brothers during the 2nd quarter valued at $35,000. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Toll Brothers Trading Down 2.1%

Shares of TOL opened at $145.05 on Friday. The business’s 50-day moving average price is $151.65 and its 200-day moving average price is $146.38. 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 stock has a market cap of $13.56 billion, a PE ratio of 11.64, a P/E/G ratio of 1.21 and a beta of 1.35. Toll Brothers Inc. has a twelve month low of $123.14 and a twelve month high of $168.36.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings results on Tuesday, August 18th. The construction company reported $2.97 EPS for the quarter, beating the consensus estimate of $2.93 by $0.04. Toll Brothers had a net margin of 11.14% and a return on equity of 14.21%. The firm had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same period last year, the firm earned $3.73 EPS. The business’s quarterly revenue was down 9.7% compared to the same quarter last year. On average, equities analysts forecast that Toll Brothers Inc. will post 12.81 EPS for the current fiscal year.

Toll Brothers Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, July 10th. Toll Brothers’s dividend payout ratio is currently 8.35%.

Insider Activity

In other news, COO Robert Parahus sold 7,500 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $149.66, for a total value of $1,122,450.00. Following the completion of the sale, the chief operating officer owned 23,457 shares of the company’s stock, valued at approximately $3,510,574.62. This represents a 24.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $156.58, for a total transaction of $12,206,507.06. Following the sale, the chairman owned 321,256 shares of the company’s stock, valued at approximately $50,302,264.48. The trade was a 19.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TOL. Truist Financial lifted their price objective on Toll Brothers from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. BTIG Research assumed coverage on shares of Toll Brothers in a report on Tuesday, June 9th. They set a “buy” rating on the stock. UBS Group increased their target price on shares of Toll Brothers from $187.00 to $195.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Piper Sandler downgraded shares of Toll Brothers from an “overweight” rating to a “neutral” rating in a research note on Tuesday, June 9th. Finally, Weiss Ratings raised shares of Toll Brothers from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, July 17th. Fifteen analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Toll Brothers has a consensus rating of “Moderate Buy” and an average price target of $166.67.

More Toll Brothers News

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

• Positive Sentiment: Toll Brothers continues to expand in attractive luxury housing markets, announcing new communities near Dallas, in California, Las Vegas, and Harrison, New York. The developments increase its future selling opportunities and reinforce the company’s premium-market positioning. New Dallas-area community
• Positive Sentiment: The Harrison, New York, project is expected to launch this fall with luxury townhomes priced from approximately $1.6 million, while the Cumming, Georgia, model home is now available for purchase. These announcements could support future orders and revenue, although they are not immediate financial catalysts. Harrison luxury townhome community
• Neutral Sentiment: Recent developments in San Bruno, California, Las Vegas, and other markets demonstrate ongoing geographic growth, but the releases provided no pricing, order, margin, or earnings guidance. Their near-term impact on TOL’s valuation is therefore limited. Las Vegas community announcement
• Negative Sentiment: An analysis argues that Toll Brothers’ earnings per share improved without growth in total earnings, implying that share repurchases or a lower share count—not stronger profitability—supported per-share results. This is concerning because quarterly revenue fell about 9.7% year over year and earnings declined from the prior-year period. Toll Brothers earnings-per-share analysis
• Negative Sentiment: Recent insider activity is also a cautionary signal: company insiders made four reported open-market sales over the past six months and no purchases. The stock is trading below its 50-day moving average and close to its 200-day average, indicating continued investor pressure.

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.