VIRGINIA RETIREMENT SYSTEMS ET Al Invests $4.51 Million in Toll Brothers Inc. $TOL

Key Points

• Virginia Retirement Systems acquired 27,403 Toll Brothers shares worth approximately $4.51 million during the second quarter. Institutional investors collectively own 91.76% of the homebuilder.
• Analysts maintain a generally positive outlook, with 13 Buy ratings, five Holds and one Sell; the stock has a Moderate Buy consensus and an average price target of $167.27.
• Toll Brothers exceeded quarterly expectations with $2.97 in EPS and $2.66 billion in revenue, although revenue declined 9.7% year over year and several longer-term earnings estimates were reduced.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Toll Brothers Inc. (NYSE:TOL - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,403 shares of the construction company's stock, valued at approximately $4,515,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Eagle Investment Management LLC raised its stake in Toll Brothers by 131.6% in the 2nd quarter. First Eagle Investment Management LLC now owns 6,000 shares of the construction company's stock valued at $988,000 after purchasing an additional 3,409 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of Toll Brothers by 16,116.7% during the second quarter. California State Teachers Retirement System now owns 17,926,118 shares of the construction company's stock worth $2,953,328,000 after buying an additional 17,815,577 shares in the last quarter. Wedmont Private Capital acquired a new position in shares of Toll Brothers in the second quarter valued at approximately $316,000. HB Wealth Management LLC lifted its stake in shares of Toll Brothers by 9.5% during the second quarter. HB Wealth Management LLC now owns 3,814 shares of the construction company's stock valued at $628,000 after buying an additional 330 shares during the period. Finally, Nilsine Partners LLC boosted its position in Toll Brothers by 4.1% during the second quarter. Nilsine Partners LLC now owns 2,574 shares of the construction company's stock worth $424,000 after acquiring an additional 102 shares during the last quarter. Hedge funds and other institutional investors own 91.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Barclays boosted their price target on Toll Brothers from $115.00 to $122.00 and gave the company an "underweight" rating in a report on Tuesday, July 14th. Truist Financial lifted their price objective on Toll Brothers from $165.00 to $170.00 and gave the company a "buy" rating in a research report on Thursday, August 20th. UBS Group increased their target price on Toll Brothers from $187.00 to $195.00 and gave the stock a "buy" rating in a research report on Thursday, August 20th. BTIG Research assumed coverage on Toll Brothers in a research note on Tuesday, June 9th. They issued a "buy" rating on the stock. Finally, Citigroup lifted their price target on Toll Brothers from $176.00 to $179.00 and gave the company a "buy" rating in a report on Friday, August 21st. Thirteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $167.27.

Toll Brothers News Roundup

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

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $12.70 from $12.63 and FY2027 EPS estimate to $14.27 from $14.14. These upward revisions suggest analysts still expect earnings growth beyond the current year. MarketBeat Toll Brothers analyst estimates
• Positive Sentiment: Toll Brothers announced a new building release at Iron Creek, a luxury townhome community in Charlotte featuring four-story homes and rooftop terraces. The release expands the company’s available inventory in a major housing market, although no sales or revenue figures were disclosed. Iron Creek building release
• Neutral Sentiment: The company announced a model-home grand opening at Wildspring in Leander, Texas, an Austin-area luxury community with resort-style amenities. The event supports brand visibility and future demand generation, but does not provide a direct near-term earnings catalyst. Wildspring model home grand opening
• Neutral Sentiment: Buffington Homes by Toll Brothers scheduled a luxury-home tour across Northwest Arkansas from September 12–20. The event may help attract prospective buyers, but its effect on orders and revenue remains uncertain. Northwest Arkansas luxury home tour
• Negative Sentiment: Zacks lowered several estimates, including Q4 2026 EPS to $4.82 from $4.85, Q1 2027 to $1.88 from $1.93, Q2 2027 to $3.16 from $3.18, Q1 2028 to $2.30 from $2.36, Q2 2028 to $3.85 from $3.89, Q3 2028 to $4.45 from $4.46, and FY2028 to $16.74 from $16.84. The broad downward revisions, particularly for nearer-term quarters, likely weigh on sentiment despite the FY2026 and FY2027 increases.

Toll Brothers Stock Performance

Shares of NYSE:TOL opened at $135.13 on Thursday. The company has a market cap of $12.45 billion, a P/E ratio of 10.85, a PEG ratio of 1.10 and a beta of 1.34. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.55 and a current ratio of 4.53. Toll Brothers Inc. has a one year low of $123.14 and a one year high of $168.36. The business's 50-day simple moving average is $148.36 and its 200 day simple moving average is $145.06.

Toll Brothers (NYSE:TOL - Get Free Report) last released its quarterly earnings results on Tuesday, August 18th. The construction company reported $2.97 EPS for the quarter, topping the consensus estimate of $2.93 by $0.04. The firm had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.62 billion. Toll Brothers had a return on equity of 14.21% and a net margin of 11.14%.Toll Brothers's revenue for the quarter was down 9.7% on a year-over-year basis. During the same period in the previous year, the company posted $3.73 EPS. On average, sell-side analysts forecast that Toll Brothers Inc. will post 12.81 earnings per share for the current fiscal year.

Toll Brothers Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Friday, July 10th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Friday, July 10th. Toll Brothers's dividend payout ratio is presently 8.35%.

Insider Transactions at Toll Brothers

In other Toll Brothers news, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the firm's stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $156.58, for a total transaction of $12,206,507.06. Following the completion of the sale, the chairman owned 321,256 shares in the company, valued at $50,302,264.48. This trade represents a 19.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $1,122,450.00. Following the sale, the chief operating officer owned 23,457 shares in the company, valued at $3,510,574.62. This represents a 24.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.37% of the company's stock.

Toll Brothers 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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