Hsbc Holdings PLC lifted its holdings in Toll Brothers Inc. (NYSE:TOL – Free Report) by 160.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 92,093 shares of the construction company’s stock after buying an additional 56,712 shares during the period. Hsbc Holdings PLC’s holdings in Toll Brothers were worth $15,099,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Western Wealth Management LLC raised its position in Toll Brothers by 2.6% during the fourth quarter. Western Wealth Management LLC now owns 2,658 shares of the construction company’s stock valued at $359,000 after buying an additional 68 shares during the period. Root Financial Partners LLC boosted its position in Toll Brothers by 21.9% during the 4th quarter. Root Financial Partners LLC now owns 389 shares of the construction company’s stock worth $53,000 after acquiring an additional 70 shares during the period. IFP Advisors Inc grew its stake in Toll Brothers by 2.4% during the 4th quarter. IFP Advisors Inc now owns 3,200 shares of the construction company’s stock valued at $433,000 after acquiring an additional 74 shares in the last quarter. Hilton Head Capital Partners LLC grew its stake in Toll Brothers by 65.5% during the 1st quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock valued at $26,000 after acquiring an additional 74 shares in the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of Toll Brothers by 4.7% in the 1st quarter. Bessemer Group Inc. now owns 1,771 shares of the construction company’s stock valued at $242,000 after purchasing an additional 80 shares during the period. Hedge funds and other institutional investors own 91.76% of the company’s stock.
Toll Brothers Stock Down 2.1%
Shares of Toll Brothers stock opened at $145.05 on Friday. The firm has a market cap of $13.56 billion, a price-to-earnings ratio of 11.64, a P/E/G ratio of 1.21 and a beta of 1.35. The stock has a 50-day simple moving average of $151.65 and a 200-day simple moving average of $146.38. Toll Brothers Inc. has a 52-week low of $123.14 and a 52-week high of $168.36. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.53 and a quick ratio of 0.55.
Toll Brothers Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were paid a dividend of $0.26 per share. The ex-dividend date was Friday, July 10th. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. Toll Brothers’s dividend payout ratio is 8.35%.
Key Toll Brothers News
Here are the key news stories impacting Toll Brothers this week:
- Positive Sentiment: Toll Brothers continues to expand in attractive luxury housing markets, announcing new communities near Dallas, in California, Las Vegas, and Harrison, New York. The developments increase its future selling opportunities and reinforce the company’s premium-market positioning. New Dallas-area community
- Positive Sentiment: The Harrison, New York, project is expected to launch this fall with luxury townhomes priced from approximately $1.6 million, while the Cumming, Georgia, model home is now available for purchase. These announcements could support future orders and revenue, although they are not immediate financial catalysts. Harrison luxury townhome community
- Neutral Sentiment: Recent developments in San Bruno, California, Las Vegas, and other markets demonstrate ongoing geographic growth, but the releases provided no pricing, order, margin, or earnings guidance. Their near-term impact on TOL’s valuation is therefore limited. Las Vegas community announcement
- Negative Sentiment: An analysis argues that Toll Brothers’ earnings per share improved without growth in total earnings, implying that share repurchases or a lower share count—not stronger profitability—supported per-share results. This is concerning because quarterly revenue fell about 9.7% year over year and earnings declined from the prior-year period. Toll Brothers earnings-per-share analysis
- Negative Sentiment: Recent insider activity is also a cautionary signal: company insiders made four reported open-market sales over the past six months and no purchases. The stock is trading below its 50-day moving average and close to its 200-day average, indicating continued investor pressure.
Analyst Ratings Changes
A number of analysts have recently issued reports on the stock. Truist Financial increased their price target on shares of Toll Brothers from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Keefe, Bruyette & Woods upgraded shares of Toll Brothers from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $158.00 to $161.00 in a research note on Tuesday, June 9th. Benchmark began coverage on shares of Toll Brothers in a research report on Tuesday, June 9th. They issued a “buy” rating for the company. UBS Group lifted their target price on shares of Toll Brothers from $187.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, August 20th. Finally, Evercore restated an “outperform” rating and set a $191.00 price target on shares of Toll Brothers in a report on Thursday, August 20th. Fifteen equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $166.67.
View Our Latest Stock Report on TOL
Insiders Place Their Bets
In other news, COO Robert Parahus sold 7,500 shares of the firm’s stock in a transaction on Thursday, June 18th. The shares were 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the company’s stock in a transaction dated 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 trade represents a 19.53% decrease in their position. The SEC filing for this sale provides additional information. 1.37% of the stock is currently owned by company 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.
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