Toll Brothers (TOL)

• Market cap: $10B
• 1 day: 0.37%
• 5 days: 2.45%
• 1 month: -4.47%
• 3 months: -28.30%
• 6 months: -31.91%
• Year to date: -19.02%
• 1 year: -15.31%
• 5 years: 319.94%
• 10 years: 183.82%
• Sector: Consumer Discretionary
• Industry: Residential Construction

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-homebuyers. 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: 4,900

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

1.49% more ownership

Funds ownership: 86.65% [Q3] → 88.14% (+1.49%) [Q4]

8% more first-time investments, than exits

New positions opened: 104 | Existing positions closed: 96

1% less funds holding

Funds holding: 709 [Q3] → 705 (-4) [Q4]

8% less repeat investments, than reductions

Existing positions increased: 236 | Existing positions reduced: 257

18% less capital invested

Capital invested by funds: $13.5B [Q3] → $11.1B (-$2.4B) [Q4]

18% less funds holding in top 10

Funds holding in top 10: 11 [Q3] → 9 (-2) [Q4]

31% less call options, than puts

Call options by funds: $259M | Put options by funds: $378M

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $92 9% downside
• Avg. target: $137 36% upside
• High target: $183 81% upside

8 analyst ratings

• positive: 5 63%
• neutral: 2 25%
• negative: 1 13%

Wells Fargo Sam Reid 39% 1-year accuracy 15 / 38 met price target	19% upside $120	Overweight Maintained	14 Apr 2025
Barclays Matthew Bouley 39% 1-year accuracy 27 / 70 met price target	9% downside $92	Underweight Maintained	8 Apr 2025
Keefe, Bruyette & Woods Jade Rahmani 45% 1-year accuracy 17 / 38 met price target	31% upside $132	Market Perform Maintained	25 Feb 2025
Oppenheimer Tyler Batory 12% 1-year accuracy 4 / 34 met price target	64% upside $165	Outperform Maintained	20 Feb 2025
Goldman Sachs Susan Maklari 23% 1-year accuracy 6 / 26 met price target	24% upside $125	Neutral Maintained	20 Feb 2025