Dimensional Fund Advisors LP Raises Stock Holdings in Toll Brothers Inc. $TOL

Dimensional Fund Advisors LP raised its position in Toll Brothers Inc. (NYSE:TOL) by 3.5% during the first quarter, Holdings Channel.com reports. The firm owned 2,990,447 shares of the construction company’s stock after buying an additional 100,718 shares during the period. Dimensional Fund Advisors LP’s holdings in Toll Brothers were worth $408,062,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its position in shares of Toll Brothers by 25.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 108,379 shares of the construction company’s stock worth $14,694,000 after acquiring an additional 21,907 shares during the last quarter. Annex Advisory Services LLC boosted its position in Toll Brothers by 30.8% during the 4th quarter. Annex Advisory Services LLC now owns 44,251 shares of the construction company’s stock worth $5,984,000 after purchasing an additional 10,420 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of Toll Brothers by 52.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 45,149 shares of the construction company’s stock worth $6,105,000 after buying an additional 15,526 shares during the period. SG Americas Securities LLC boosted its holdings in Toll Brothers by 182.9% in the 4th quarter. SG Americas Securities LLC now owns 190,498 shares of the construction company’s stock worth $25,759,000 after acquiring an additional 123,150 shares during the period. Finally, Summit Place Financial Advisors LLC boosted its stake in shares of Toll Brothers by 89.1% in the fourth quarter. Summit Place Financial Advisors LLC now owns 12,890 shares of the construction company’s stock valued at $1,743,000 after purchasing an additional 6,075 shares during the period. Institutional investors and hedge funds own 91.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on TOL shares. BTIG Research initiated coverage on Toll Brothers in a report on Tuesday, June 9th. They issued a “buy” rating for the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $158.00 price target on shares of Toll Brothers in a report on Thursday, June 11th. UBS Group upgraded Toll Brothers from a “buy” rating to a “buy” rating in a research report on Tuesday, June 9th. Oppenheimer cut shares of Toll Brothers from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 9th. Finally, Benchmark initiated coverage on Toll Brothers in a research note on Tuesday, June 9th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $164.88.

Toll Brothers Trading Up 0.1%

Toll Brothers stock opened at $147.15 on Wednesday. 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 firm has a market cap of $13.75 billion, a price-to-earnings ratio of 11.13, a price-to-earnings-growth ratio of 1.21 and a beta of 1.34. The firm’s 50 day moving average price is $146.06 and its two-hundred day moving average price is $145.43. Toll Brothers Inc. has a 1 year low of $117.50 and a 1 year high of $168.36.

Toll Brothers (NYSE:TOL) last announced its earnings results on Tuesday, May 19th. The construction company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.58 by $0.14. The business had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.42 billion. Toll Brothers had a return on equity of 15.47% and a net margin of 11.66%.Toll Brothers’s revenue was down 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $3.50 earnings per share. On average, research analysts predict that Toll Brothers Inc. will post 12.69 EPS for the current fiscal year.

Toll Brothers Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, July 10th. Toll Brothers’s payout ratio is 7.87%.

Insider Buying and Selling at Toll Brothers

In other Toll Brothers news, COO Robert Parahus sold 7,500 shares of the stock in a transaction that occurred 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 in the company, valued at $3,510,574.62. This represents a 24.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $156.58, for a total value 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. This represents a 19.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.37% of the stock is currently owned by insiders.

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.