Inceptionr LLC Invests $670,000 in Toll Brothers Inc. $TOL

Inceptionr LLC bought a new stake in Toll Brothers Inc. (NYSE:TOL) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,906 shares of the construction company’s stock, valued at approximately $670,000.

Other large investors have also made changes to their positions in the company. Hilton Head Capital Partners LLC lifted its position in Toll Brothers by 65.5% during the first quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock valued at $26,000 after purchasing an additional 74 shares during the period. Wiser Advisor Group LLC purchased a new stake in shares of Toll Brothers in the third quarter worth about $27,000. Pinnacle Holdings LLC acquired a new stake in Toll Brothers during the fourth quarter worth about $27,000. Measured Wealth Private Client Group LLC purchased a new position in Toll Brothers during the third quarter valued at approximately $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Toll Brothers in the fourth quarter valued at approximately $34,000. 91.76% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Toll Brothers

In related news, COO Robert Parahus sold 7,500 shares of Toll Brothers stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $149.66, for a total transaction of $1,122,450.00. Following the transaction, the chief operating officer owned 23,457 shares in the company, valued at approximately $3,510,574.62. This trade represents a 24.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the business’s 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 transaction, the chairman directly owned 321,256 shares in the company, valued at $50,302,264.48. This trade represents a 19.53% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.37% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

TOL has been the topic of a number of analyst reports. Barclays raised their price objective on shares of Toll Brothers from $115.00 to $122.00 and gave the stock an “underweight” rating in a research note on Tuesday, July 14th. Benchmark assumed coverage on shares of Toll Brothers in a research note on Tuesday, June 9th. They set a “buy” rating on the stock. Evercore restated an “outperform” rating and issued a $185.00 price target on shares of Toll Brothers in a research note on Thursday, May 21st. Oppenheimer downgraded Toll Brothers from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 9th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $158.00 price objective on shares of Toll Brothers in a research report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $164.88.

Toll Brothers Price Performance

Toll Brothers stock opened at $149.92 on Friday. The company has a fifty day simple moving average of $147.14 and a 200-day simple moving average of $145.63. The firm has a market capitalization of $14.01 billion, a price-to-earnings ratio of 11.34, a PEG ratio of 1.24 and a beta of 1.34. The company has a quick ratio of 0.59, a current ratio of 4.67 and a debt-to-equity ratio of 0.33. Toll Brothers Inc. has a 52-week low of $117.50 and a 52-week high of $168.36.

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

Toll Brothers Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were given a $0.26 dividend. The ex-dividend date was Friday, July 10th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. Toll Brothers’s dividend payout ratio is 7.87%.

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.