4,275 Shares in Toll Brothers Inc. $TOL Bought by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. bought a new stake in Toll Brothers Inc. (NYSE:TOL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,275 shares of the construction company’s stock, valued at approximately $575,000.

Other institutional investors also recently bought and sold shares of the company. Alps Advisors Inc. acquired a new position in shares of Toll Brothers during the 3rd quarter worth about $6,929,000. SlateStone Wealth LLC lifted its stake in Toll Brothers by 1.2% during the third quarter. SlateStone Wealth LLC now owns 42,100 shares of the construction company’s stock worth $5,816,000 after purchasing an additional 502 shares during the last quarter. Bessemer Group Inc. boosted its holdings in Toll Brothers by 5.9% in the third quarter. Bessemer Group Inc. now owns 1,681 shares of the construction company’s stock valued at $233,000 after purchasing an additional 93 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in Toll Brothers by 267.5% in the third quarter. SBI Securities Co. Ltd. now owns 3,216 shares of the construction company’s stock valued at $444,000 after purchasing an additional 2,341 shares during the last quarter. Finally, Savant Capital LLC raised its holdings in Toll Brothers by 5.5% during the third quarter. Savant Capital LLC now owns 49,546 shares of the construction company’s stock worth $6,844,000 after purchasing an additional 2,565 shares in the last quarter. 91.76% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on TOL. The Goldman Sachs Group upped their target price on shares of Toll Brothers from $140.00 to $156.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Wells Fargo & Company upped their price objective on shares of Toll Brothers from $160.00 to $170.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Barclays raised their price objective on Toll Brothers from $92.00 to $110.00 and gave the stock an “underweight” rating in a report on Wednesday, December 10th. BTIG Research started coverage on Toll Brothers in a report on Monday, December 1st. They issued a “neutral” rating for the company. Finally, Zacks Research cut Toll Brothers from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Toll Brothers presently has an average rating of “Moderate Buy” and an average price target of $154.40.

Insider Transactions at Toll Brothers

In other Toll Brothers news, Director Paul E. Shapiro sold 3,965 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $146.68, for a total transaction of $581,586.20. Following the completion of the transaction, the director owned 118,680 shares in the company, valued at approximately $17,407,982.40. This represents a 3.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.37% of the company’s stock.

Toll Brothers Price Performance

Shares of TOL opened at $153.21 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.64 and a current ratio of 4.38. Toll Brothers Inc. has a fifty-two week low of $86.67 and a fifty-two week high of $155.52. The firm has a 50-day simple moving average of $141.75 and a 200-day simple moving average of $136.96. The company has a market capitalization of $14.52 billion, a price-to-earnings ratio of 11.30, a price-to-earnings-growth ratio of 1.20 and a beta of 1.47.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings data 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 company had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same period in the prior year, the company earned $4.63 earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. On average, equities research analysts anticipate that Toll Brothers Inc. will post 13.83 earnings per share for the current year.

Toll Brothers Dividend Announcement

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

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.