5,418 Shares in Toll Brothers Inc. $TOL Bought by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. purchased a new position in shares of Toll Brothers Inc. (NYSE:TOL) during the 4th quarter, Holdings Channel.com reports. The fund purchased 5,418 shares of the construction company’s stock, valued at approximately $734,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TOL. Wiser Advisor Group LLC purchased a new stake in Toll Brothers during the 3rd quarter worth $27,000. Abich Financial Wealth Management LLC purchased a new stake in Toll Brothers during the 3rd quarter worth $28,000. Ramirez Asset Management Inc. purchased a new stake in Toll Brothers during the 3rd quarter worth $28,000. Measured Wealth Private Client Group LLC purchased a new stake in Toll Brothers during the 3rd quarter worth $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Toll Brothers during the 4th quarter worth $34,000. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Toll Brothers Stock Performance

Shares of Toll Brothers stock opened at $137.67 on Thursday. The firm has a market cap of $12.87 billion, a PE ratio of 10.41, a price-to-earnings-growth ratio of 1.15 and a beta of 1.36. The firm’s 50-day simple moving average is $137.99 and its 200-day simple moving average is $141.88. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.59 and a current ratio of 4.67. Toll Brothers Inc. has a 1 year low of $104.09 and a 1 year high of $168.36.

Toll Brothers (NYSE:TOL) last issued its earnings results on Tuesday, May 19th. The construction company reported $2.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.58 by $0.14. The business had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.42 billion. Toll Brothers had a net margin of 11.66% and a return on equity of 15.47%. The company’s revenue for the quarter was down 7.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.50 EPS. Equities analysts forecast that Toll Brothers Inc. will post 12.7 earnings per share for the current fiscal year.

Toll Brothers Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Friday, April 10th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, April 10th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Toll Brothers’s previous quarterly dividend of $0.25. Toll Brothers’s payout ratio is currently 7.87%.

Insider Buying and Selling at Toll Brothers

In related news, Director Stephen F. East sold 1,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $139.70, for a total transaction of $139,700.00. Following the completion of the sale, the director owned 13,442 shares of the company’s stock, valued at $1,877,847.40. This represents a 6.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.37% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TOL shares. Keefe, Bruyette & Woods lifted their price target on shares of Toll Brothers from $143.00 to $170.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 25th. UBS Group dropped their price target on shares of Toll Brothers from $198.00 to $187.00 and set a “buy” rating on the stock in a research note on Thursday, May 21st. JPMorgan Chase & Co. upped their target price on shares of Toll Brothers from $141.00 to $143.00 and gave the company an “overweight” rating in a research note on Monday, February 23rd. Argus set a $170.00 target price on shares of Toll Brothers in a research note on Tuesday. Finally, Evercore restated an “outperform” rating and issued a $185.00 target price on shares of Toll Brothers in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $164.13.

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.