Toll BrothersTOL
Market Cap: $14B
About: Toll Brothers is the leading luxury homebuilder in the United States with an average sale price well above public competitors'. The company operates in over 60 markets across 24 states and caters to move-up, active-adult, and second-home buyers. Traditional homebuilding operations represent most of company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers across the US It has its headquarters in Horsham, Pennsylvania.
Employees: 4,800
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 8 (+2) [Q2]
17% more first-time investments, than exits
New positions opened: 104 | Existing positions closed: 89
2% more funds holding
Funds holding: 632 [Q1] → 647 (+15) [Q2]
5% less repeat investments, than reductions
Existing positions increased: 218 | Existing positions reduced: 230
1.98% less ownership
Funds ownership: 88.93% [Q1] → 86.96% (-1.98%) [Q2]
14% less capital invested
Capital invested by funds: $12B [Q1] → $10.3B (-$1.69B) [Q2]
19% less call options, than puts
Call options by funds: $177M | Put options by funds: $218M
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Wedbush Jay McCanless 55% 1-year accuracy 37 / 67 met price target | 7%upside $148 | Neutral Maintained | 27 Aug 2024 |
Keefe, Bruyette & Woods Jade Rahmani 70% 1-year accuracy 19 / 27 met price target | 21%upside $168 | Outperform Maintained | 26 Aug 2024 |
Wells Fargo Sam Reid 79% 1-year accuracy 11 / 14 met price target | 17%upside $163 | Overweight Maintained | 26 Aug 2024 |
RBC Capital Mike Dahl 56% 1-year accuracy 28 / 50 met price target | 3%upside $143 | Outperform Maintained | 22 Aug 2024 |
Wells Fargo Sam Reid 79% 1-year accuracy 11 / 14 met price target | 15%upside $160 | Overweight Maintained | 22 Aug 2024 |
Financial journalist opinion
Based on 45 articles about TOL published over the past 30 days