Toll Brothers Inc. (NYSE:TOL) Given Consensus Recommendation of “Moderate Buy” by Analysts

Toll Brothers Inc. (NYSE:TOL) has earned an average rating of “Moderate Buy” from the eighteen ratings firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, five have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $154.40.

A number of brokerages recently weighed in on TOL. Royal Bank Of Canada cut their price objective on shares of Toll Brothers from $145.00 to $144.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 10th. UBS Group reduced their price target on shares of Toll Brothers from $183.00 to $181.00 and set a “buy” rating for the company in a research note on Wednesday, December 10th. BTIG Research began coverage on shares of Toll Brothers in a research note on Monday, December 1st. They set a “neutral” rating on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Toll Brothers in a research report on Wednesday, January 21st. Finally, Zacks Research lowered Toll Brothers from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 11th.

Toll Brothers Stock Performance

Shares of NYSE TOL opened at $153.21 on Monday. Toll Brothers has a 12-month low of $86.67 and a 12-month high of $155.52. The company has a market cap of $14.52 billion, a PE ratio of 11.30, a P/E/G ratio of 1.20 and a beta of 1.47. The stock has a 50 day simple moving average of $141.75 and a 200-day simple moving average of $136.96. The company has a current ratio of 4.38, a quick ratio of 0.64 and a debt-to-equity ratio of 0.34.

Toll Brothers (NYSE:TOL) last posted its earnings results on Monday, December 8th. The construction company reported $4.58 EPS for the quarter, missing the consensus estimate of $4.88 by ($0.30). Toll Brothers had a net margin of 12.28% and a return on equity of 16.74%. The business had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.32 billion. During the same quarter in the prior year, the business earned $4.63 earnings per share. The firm’s revenue was up 2.7% compared to the same quarter last year. On average, equities research analysts forecast that Toll Brothers will post 13.83 EPS for the current year.

Toll Brothers Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 23rd. Investors of record on Friday, January 9th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, January 9th. Toll Brothers’s payout ratio is presently 7.37%.

Insiders Place Their Bets

In other Toll Brothers news, Director Paul E. Shapiro sold 3,965 shares of the company’s stock in a transaction dated Thursday, January 15th. The shares were 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 of the company’s stock, valued at approximately $17,407,982.40. This represents a 3.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.37% of the company’s stock.

Institutional Trading of Toll Brothers

Hedge funds and other institutional investors have recently made changes to their positions in the business. Greenhaven Associates Inc. grew its position in Toll Brothers by 0.4% in the fourth quarter. Greenhaven Associates Inc. now owns 5,603,187 shares of the construction company’s stock worth $757,663,000 after buying an additional 22,218 shares during the last quarter. Capital World Investors boosted its stake in shares of Toll Brothers by 51.5% during the 3rd quarter. Capital World Investors now owns 5,187,673 shares of the construction company’s stock worth $716,625,000 after acquiring an additional 1,763,211 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of 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 worth $400,745,000 after acquiring an additional 39,987 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Toll Brothers by 83.1% during the second quarter. AQR Capital Management LLC now owns 2,607,993 shares of the construction company’s stock worth $297,650,000 after purchasing an additional 1,183,304 shares during the period. Finally, Holocene Advisors LP lifted its holdings in shares of Toll Brothers by 78.0% during the third quarter. Holocene Advisors LP now owns 2,224,289 shares of the construction company’s stock valued at $307,263,000 after purchasing an additional 974,567 shares during the last quarter. 91.76% of the stock is currently owned by institutional investors.

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.