Eurizon Capital SGR S.p.A. Makes New $734,000 Investment in Toll Brothers Inc. $TOL

Eurizon Capital SGR S.p.A. purchased a new position in shares of Toll Brothers Inc. (NYSE:TOL) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,418 shares of the construction company’s stock, valued at approximately $734,000.

Other large investors also recently bought and sold shares of the company. Wiser Advisor Group LLC purchased a new position in Toll Brothers during the third quarter worth approximately $27,000. Abich Financial Wealth Management LLC purchased a new position in Toll Brothers during the third quarter worth approximately $28,000. Ramirez Asset Management Inc. acquired a new stake in Toll Brothers during the third quarter worth about $28,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Toll Brothers in the 3rd quarter worth about $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Toll Brothers in the 4th quarter worth about $34,000. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Insider Transactions at Toll Brothers

In related news, Director Stephen F. East sold 1,000 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $139.70, for a total value of $139,700.00. Following the completion of the sale, the director directly owned 13,442 shares in the company, valued at approximately $1,877,847.40. This represents a 6.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.37% of the company’s stock.

Wall Street Analyst Weigh In

TOL has been the topic of a number of research reports. UBS Group cut their price objective on Toll Brothers from $198.00 to $187.00 and set a “buy” rating on the stock in a report on Thursday, May 21st. JPMorgan Chase & Co. raised their price objective on Toll Brothers from $141.00 to $143.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Evercore restated an “outperform” rating and issued a $185.00 price objective on shares of Toll Brothers in a report on Thursday, May 21st. Zacks Research upgraded Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $175.00 price objective on shares of Toll Brothers in a report on Wednesday, February 18th. One 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $164.13.

Toll Brothers Stock Down 1.3%

Shares of NYSE TOL opened at $137.67 on Thursday. Toll Brothers Inc. has a 12-month low of $104.09 and a 12-month high of $168.36. The company has a market cap of $12.87 billion, a P/E ratio of 10.41, a P/E/G ratio of 1.15 and a beta of 1.36. The company has a current ratio of 4.67, a quick ratio of 0.59 and a debt-to-equity ratio of 0.33. The stock has a fifty day moving average price of $137.99 and a 200 day moving average price of $141.88.

Toll Brothers (NYSE:TOL) last announced its quarterly 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 return on equity of 15.47% and a net margin of 11.66%.The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.42 billion. During the same period in the prior year, the firm earned $3.50 EPS. The firm’s quarterly revenue was down 7.6% compared to the same quarter last year. Research analysts anticipate that Toll Brothers Inc. will post 12.7 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Friday, April 10th were issued a $0.26 dividend. The ex-dividend date was Friday, April 10th. This represents a $1.04 annualized dividend and a yield of 0.8%. This is an increase from Toll Brothers’s previous quarterly dividend of $0.25. Toll Brothers’s payout ratio is currently 7.87%.

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.