Waverly Advisors LLC Has $11.39 Million Holdings in Toll Brothers Inc. $TOL

Waverly Advisors LLC boosted its holdings in shares of Toll Brothers Inc. (NYSE:TOL - Free Report) by 76.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 69,147 shares of the construction company's stock after buying an additional 30,036 shares during the quarter. Waverly Advisors LLC owned about 0.08% of Toll Brothers worth $11,392,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TOL. California State Teachers Retirement System boosted its stake in shares of Toll Brothers by 16,116.7% during the 2nd quarter. California State Teachers Retirement System now owns 17,926,118 shares of the construction company's stock worth $2,953,328,000 after acquiring an additional 17,815,577 shares in the last quarter. BlackRock Inc. bought a new position in shares of Toll Brothers in the 2nd quarter valued at approximately $1,610,696,000. Price T Rowe Associates Inc. MD lifted its holdings in Toll Brothers by 2,067.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 3,303,915 shares of the construction company's stock worth $446,756,000 after purchasing an additional 3,151,509 shares during the last quarter. Norges Bank acquired a new stake in Toll Brothers in the 4th quarter worth approximately $168,312,000. Finally, Bamco Inc. NY bought a new stake in Toll Brothers during the second quarter worth approximately $166,250,000. 91.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TOL has been the subject of several recent analyst reports. Benchmark started coverage on shares of Toll Brothers in a report on Tuesday, June 9th. They set a "buy" rating for the company. BTIG Research assumed coverage on shares of Toll Brothers in a research report on Tuesday, June 9th. They set a "buy" rating for the company. Weiss Ratings cut shares of Toll Brothers from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday. Piper Sandler lowered Toll Brothers from an "overweight" rating to a "neutral" rating in a research note on Tuesday, June 9th. Finally, Keefe, Bruyette & Woods boosted their price objective on Toll Brothers from $161.00 to $170.00 and gave the stock an "outperform" rating in a research report on Friday, August 28th. Thirteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Toll Brothers has an average rating of "Moderate Buy" and an average price target of $167.27.

Toll Brothers Stock Performance

NYSE:TOL opened at $135.13 on Thursday. The firm's 50-day moving average is $148.36 and its 200-day moving average is $145.06. 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 quick ratio of 0.55 and a current ratio of 4.53. The company has a market cap of $12.45 billion, a price-to-earnings ratio of 10.85, a PEG ratio of 1.10 and a beta of 1.34.

Toll Brothers (NYSE:TOL - Get Free Report) last released its earnings results on Tuesday, August 18th. The construction company reported $2.97 earnings per share for the quarter, beating the consensus estimate of $2.93 by $0.04. Toll Brothers had a net margin of 11.14% and a return on equity of 14.21%. The business had revenue of $2.66 billion during the quarter, compared to analysts' expectations of $2.62 billion. During the same quarter last year, the company earned $3.73 earnings per share. The firm's revenue was down 9.7% on a year-over-year basis. Equities research analysts anticipate that Toll Brothers Inc. will post 12.81 earnings per share for the current year.

Toll Brothers Dividend Announcement

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. The ex-dividend date was Friday, July 10th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. Toll Brothers's dividend payout ratio (DPR) is currently 8.35%.

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.

Insider Activity at Toll Brothers

In other 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 sale, the chief operating officer owned 23,457 shares of the company's stock, valued at approximately $3,510,574.62. This trade represents a 24.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Douglas Yearley, Jr. sold 77,957 shares of the business's stock in a transaction that occurred on Thursday, June 18th. The shares were 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 in the company, valued at approximately $50,302,264.48. This represents a 19.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.