Toll Brothers (NYSE:TOL) Director Paul Shapiro Sells 3,965 Shares

Key Points

  • Director Paul Shapiro sold 3,965 shares on Jan. 15 at about $146.68 for roughly $581,586, trimming his position by 3.23% while still holding 118,680 shares valued at ≈$17.4M.
  • Toll Brothers missed quarterly EPS ($4.58 vs. $4.88 consensus) but beat on revenue ($3.42B), announced a $0.25 quarterly dividend (annual $1.00, ~0.7% yield), and is trading near a 52‑week high with a consensus analyst rating of Moderate Buy and a $154.40 price target.

Toll Brothers Inc. (NYSE:TOL - Get Free Report) Director Paul Shapiro sold 3,965 shares of the company's stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $146.68, for a total value of $581,586.20. Following the sale, the director owned 118,680 shares of the company's stock, valued at approximately $17,407,982.40. This trade represents a 3.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Toll Brothers Stock Down 1.6%

TOL opened at $146.64 on Friday. The firm has a market cap of $13.93 billion, a P/E ratio of 10.81, a price-to-earnings-growth ratio of 1.24 and a beta of 1.43. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.64 and a current ratio of 4.38. The business has a 50 day moving average price of $137.62 and a 200 day moving average price of $133.84. Toll Brothers Inc. has a twelve month low of $86.67 and a twelve month high of $150.59.

Toll Brothers (NYSE:TOL - Get Free Report) last posted its quarterly earnings data on Monday, December 8th. The construction company reported $4.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.88 by ($0.30). The firm had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.32 billion. Toll Brothers had a return on equity of 16.74% and a net margin of 12.28%.Toll Brothers's quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $4.63 earnings per share. Research analysts forecast that Toll Brothers Inc. will post 13.83 EPS for the current year.

Toll Brothers Announces Dividend




The firm also recently announced a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 9th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Toll Brothers's dividend payout ratio (DPR) is 7.37%.

Key Headlines Impacting Toll Brothers

Here are the key news stories impacting Toll Brothers this week:

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in TOL. Strs Ohio acquired a new stake in Toll Brothers in the 1st quarter valued at about $1,357,000. Voya Investment Management LLC lifted its position in shares of Toll Brothers by 26.8% during the first quarter. Voya Investment Management LLC now owns 43,609 shares of the construction company's stock worth $4,605,000 after purchasing an additional 9,230 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Toll Brothers by 13.0% during the second quarter. Parallel Advisors LLC now owns 1,046 shares of the construction company's stock valued at $119,000 after purchasing an additional 120 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Toll Brothers by 128.2% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 324 shares of the construction company's stock valued at $37,000 after purchasing an additional 182 shares in the last quarter. Finally, Pallas Capital Advisors LLC increased its holdings in shares of Toll Brothers by 352.7% in the second quarter. Pallas Capital Advisors LLC now owns 21,501 shares of the construction company's stock valued at $2,454,000 after purchasing an additional 16,752 shares in the last quarter. Institutional investors and hedge funds own 91.76% of the company's stock.

Analyst Upgrades and Downgrades

TOL has been the topic of several research analyst reports. Barclays raised their price objective on shares of Toll Brothers from $92.00 to $110.00 and gave the stock an "underweight" rating in a research note on Wednesday, December 10th. Citizens Jmp started coverage on shares of Toll Brothers in a report on Wednesday, January 7th. They set a "market outperform" rating and a $175.00 price objective on the stock. JPMorgan Chase & Co. reduced their target price on shares of Toll Brothers from $161.00 to $141.00 and set an "overweight" rating for the company in a research note on Friday, December 12th. Zacks Research lowered shares of Toll Brothers from a "hold" rating to a "strong sell" rating in a report on Thursday, December 11th. Finally, Royal Bank Of Canada dropped their price target on shares of Toll Brothers from $145.00 to $144.00 and set an "outperform" rating for the company in a research report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Toll Brothers presently has a consensus rating of "Moderate Buy" and a consensus price target of $154.40.

Read Our Latest Research Report on TOL

About Toll Brothers

(Get Free Report)

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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