Exploring Toll Brothers, Inc. (TOL) Investor Profile: Who’s Buying and Why?

Have you ever wondered who exactly is investing in Toll Brothers Inc. (TOL), the nation's leading builder of luxury homes? With a market capitalization of $7.2 billion and a five-year revenue growth of 12.3%, it's a company that attracts significant attention. Is it primarily institutional investors, or do retail investors also play a substantial role? Considering that in fiscal year 2024, Toll Brothers delivered over 10,800 homes with an average price of approximately $977,000, and generated $10.6 billion in home sales revenues, understanding the investor profile becomes even more critical. Let’s delve into who owns TOL, what motivates their investment decisions, and how their ownership influences the company's strategic direction.

Toll Brothers, Inc. (TOL) Who Invests in [Company Name] and Why?

Understanding the investor profile of Toll Brothers, Inc. (TOL) provides valuable insights into the market's perception of the company and its future prospects. A diverse investor base can contribute to stock stability, while concentrated ownership may lead to higher volatility. Here's a breakdown of the key investor types, their motivations, and typical strategies.

Key Investor Types:

• Institutional Investors: These entities, including mutual funds, pension funds, and hedge funds, constitute a significant portion of Toll Brothers' shareholder base. According to recent data, institutional investors hold a substantial percentage of Toll Brothers' stock. Data from TipRanks and WallStreetZen indicates varying figures, with some sources suggesting around 31.01%, 57.01%, or even up to 88.68% institutional ownership. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc, State Street Corp and Greenhaven Associates Inc.
• Retail Investors: Individual investors, also known as retail investors, make up another notable segment of Toll Brothers' shareholders. TipRanks data suggests that retail investors hold approximately 42.34% of the company's stock.
• Insiders: These are the company's executives and board members who own shares of Toll Brothers. Insider ownership typically signals confidence in the company's future. Data indicates insiders own a notable percentage of Toll Brothers. WallStreetZen indicates insiders own 28.76% of shares, while TipRanks indicates 0.65%. Robert I. Toll is the largest individual shareholder.

Investment Motivations:

• Growth Prospects: Investors are drawn to Toll Brothers' growth potential in the luxury homebuilding market. The company's strategic expansion into new markets, diversification of product lines, and focus on quick move-in homes contribute to its growth prospects.
• Dividends: Toll Brothers has a history of paying dividends, making it attractive to income-seeking investors. In March 2025, the company announced a 9% increase in its quarterly cash dividend to $0.25 per share. The dividend is paid on April 25, 2025, to shareholders of record on April 11, 2025. The company has raised its dividend for five consecutive years. The dividend yield as of April 2025 is around 0.68%.
• Market Position: Toll Brothers is the nation's leading builder of luxury homes, with a strong brand reputation and a focus on high-end buyers. The company's ability to maintain stable pricing and manage inventory strategically attracts investors.
• Financial Performance: Toll Brothers' strong financial performance, including revenue growth, profitability, and cash flow generation, is a key motivator for investors. In fiscal year 2024, the company reported home sales revenues of $10.56 billion, a 7% increase compared to fiscal year 2023. Net income was $1.57 billion, and earnings per share were $15.01 diluted.
• Return on Equity: In fiscal year 2024, Toll Brothers generated a return on beginning equity of 23.1%, driven by record earnings and strong cash flows.

Investment Strategies:

• Long-Term Holding: Many institutional investors adopt a long-term holding strategy for Toll Brothers, reflecting confidence in the company's sustained growth and market leadership.
• Value Investing: Some investors may view Toll Brothers as a value investment, particularly when the stock is trading below its fair value.
• Short-Term Trading: Some investors engage in short-term trading strategies to capitalize on stock price fluctuations.

Recent Financial Highlights (Fiscal Year 2024):

It's worth noting that analyst ratings for Toll Brothers stock are generally positive. The average price target for Toll Brothers is $139.08, representing a potential increase from the current price. Toll Brothers has a consensus rating of Moderate Buy.

For more detailed information, you can visit Toll Brothers Investor Relations.

See also: Toll Brothers, Inc. (TOL): History, Ownership, Mission, How It Works & Makes Money

Toll Brothers, Inc. (TOL) Institutional Ownership and Major Shareholders of Toll Brothers, Inc. (TOL)

Institutional ownership in Toll Brothers, Inc. (TOL) reflects the extent to which large financial organizations, such as mutual funds, pension funds, and hedge funds, hold the company’s shares. These entities often have significant influence due to the size of their holdings and their ability to impact stock prices and company strategy. Understanding the composition and changes in institutional ownership can provide valuable insights into market sentiment and potential future performance of Toll Brothers, Inc. (TOL).

Here’s an overview of Toll Brothers, Inc. (TOL)'s top institutional investors:

• Vanguard Group: As of March 31, 2024, Vanguard Group holds the largest stake in Toll Brothers, Inc. (TOL), with 9,492,347 shares, representing 9.14% ownership.
• BlackRock Fund Advisors: BlackRock Fund Advisors is the second-largest institutional investor, holding 6,656,857 shares, which accounts for 6.41% of the company.
• State Street Global Advisors: State Street Global Advisors holds 3,658,571 shares, representing approximately 3.53% ownership.
• Capital Research & Management Co.: Capital Research & Management Co. owns 3,246,119 shares of Toll Brothers, Inc. (TOL), holding about 3.13% of the company.
• Geode Capital Management LLC: Geode Capital Management LLC holds 1,500,421 shares, accounting for approximately 1.45% ownership.

The following table summarizes the top institutional investors in Toll Brothers, Inc. (TOL) as of March 31, 2024:

Changes in institutional ownership can signal shifts in investor confidence and expectations. Recent transactions and trends among these major holders provide insights into their long-term outlook for Toll Brothers, Inc. (TOL). For example, increases in holdings may indicate a positive outlook, while decreases could suggest concerns about future performance.

For instance, looking at the recent changes, we can observe:

• Vanguard Group: Increased its holdings by 35,859 shares in the last quarter.
• BlackRock Fund Advisors: Decreased its holdings by 105,384 shares in the last quarter.
• State Street Global Advisors: Decreased its holdings by 12,747 shares in the last quarter.
• Capital Research & Management Co.: Increased its holdings by 13,591 shares in the last quarter.
• Geode Capital Management LLC: Increased its holdings by 3,793 shares in the last quarter.

Here is the table summarizing the recent changes in institutional ownership of Toll Brothers, Inc. (TOL):

Institutional investors play a significant role in Toll Brothers, Inc. (TOL)’s stock price and overall strategy. Their investment decisions can drive trading volume and influence market perception of the company. For example, a large institutional investor initiating a significant buy or sell order can create upward or downward pressure on the stock price, respectively. Additionally, these investors often engage with company management to discuss strategic direction, financial performance, and corporate governance matters.

Moreover, the stability and long-term focus of institutional investors can provide a degree of support for Toll Brothers, Inc. (TOL)’s stock, especially during periods of market volatility. Their presence can also enhance the company's credibility and attractiveness to other investors, potentially leading to a more stable and diverse shareholder base.

To gain more insight into Toll Brothers, Inc. (TOL), you might find this resource helpful: Toll Brothers, Inc. (TOL): History, Ownership, Mission, How It Works & Makes Money

Toll Brothers, Inc. (TOL) Key Investors and Their Impact on Toll Brothers, Inc. (TOL)

Understanding the investor profile of Toll Brothers, Inc. (TOL) provides valuable insights into the company's stability, growth potential, and strategic direction. Key investors can significantly influence company decisions and stock movements through their investment strategies and engagement with the management.

Institutional investors form a significant portion of Toll Brothers, Inc. (TOL)'s shareholder base. These entities include:

• Mutual Funds: Large mutual fund companies often hold substantial shares in Toll Brothers, Inc. (TOL), reflecting their confidence in the company's long-term prospects.
• Pension Funds: Pension funds invest in Toll Brothers, Inc. (TOL) as part of their diversified investment portfolios, seeking stable returns over extended periods.
• Hedge Funds: Some hedge funds may take positions in Toll Brothers, Inc. (TOL), driven by specific investment strategies, such as value investing or event-driven opportunities.

These institutional investors impact Toll Brothers, Inc. (TOL) through:

• Voting Rights: Large shareholders exercise their voting rights to influence corporate governance matters, including board elections and executive compensation.
• Market Sentiment: Institutional trading activity can significantly affect Toll Brothers, Inc. (TOL)'s stock price, either positively or negatively, based on their investment decisions.
• Engagement with Management: Major investors often engage with Toll Brothers, Inc. (TOL)'s management to discuss company performance, strategy, and capital allocation.

Recent moves by notable investors, such as increasing or decreasing their stakes, can signal shifts in confidence or strategic focus. Monitoring these activities provides insights into the evolving dynamics of Toll Brothers, Inc. (TOL)'s investor landscape.

According to Yahoo Finance, as of April 21, 2025, key statistics regarding Toll Brothers, Inc. (TOL) include:

• Outstanding Shares: 99.96 million
• Float: 98.75 million

Information regarding specific major shareholders can be found in Toll Brothers, Inc. (TOL)'s most recent proxy statements and SEC filings, such as 13F filings, which disclose the holdings of institutional investors. These filings provide a detailed view of who is investing in Toll Brothers, Inc. (TOL) and how their holdings have changed over time.

Analyzing the ownership structure and the behavior of major investors helps stakeholders understand the market sentiment and potential future direction of Toll Brothers, Inc. (TOL). Further insights into the company's background can be found at: Toll Brothers, Inc. (TOL): History, Ownership, Mission, How It Works & Makes Money

Here is a table summarizing some key aspects of Toll Brothers, Inc. (TOL)'s investor profile:

Toll Brothers, Inc. (TOL) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions to Toll Brothers, Inc. (TOL) is crucial for assessing the company's current standing and future prospects. Recent market behavior and analyst perspectives provide valuable insights into how major shareholders influence the company.

As of December 31, 2024, key institutional holders have significant stakes in Toll Brothers, Inc. (TOL). The Vanguard Group holds 10,273,388 shares, representing 9.40% ownership, while BlackRock Fund Advisors owns 6,228,703 shares, accounting for 5.69% ownership. State Street Global Advisors follows with 4,632,231 shares, or 4.24% ownership. These major institutional holdings can significantly influence the stock's stability and trading volume.

Here’s a snapshot of major institutional investors and their holdings:

• The Vanguard Group: 10,273,388 shares (9.40%)
• BlackRock Fund Advisors: 6,228,703 shares (5.69%)
• State Street Global Advisors: 4,632,231 shares (4.24%)

Institutional ownership often signals confidence in a company's long-term strategy and financial health. Changes in these holdings can reflect shifts in sentiment based on the company's performance, market conditions, and broader economic trends.

Recent market reactions to Toll Brothers, Inc. (TOL) can be gauged by monitoring stock performance following major announcements or shifts in investor positions. For example, significant increases in institutional buying may drive the stock price up, while large sell-offs could lead to price declines. Keeping an eye on these movements helps in understanding the immediate impact of investor behavior.

Analyst perspectives play a crucial role in interpreting the potential impact of key investors on Toll Brothers, Inc. (TOL). Analysts often provide ratings (e.g., buy, hold, sell) and price targets based on their evaluation of the company's financial performance, growth prospects, and competitive position. For instance, as of April 22, 2025:

• According to CNN Business, among 14 analysts offering 12-month price forecasts for Toll Brothers Inc, the median target is $140.00, with a high estimate of $165.00 and a low estimate of $115.00.
• The current consensus among 20 analysts is to Buy the stock.

These ratings and targets can influence investor decisions and market sentiment. Monitoring analyst reports and ratings provides insights into how financial professionals view the company's prospects.

Here is a detailed table of analyst ratings for Toll Brothers, Inc. (TOL):

Understanding the ownership structure, market reactions, and analyst perspectives is crucial for investors looking to make informed decisions about Toll Brothers, Inc. (TOL). These factors collectively paint a picture of market sentiment and potential future performance.

To gain further insights into the company's background, explore: Toll Brothers, Inc. (TOL): History, Ownership, Mission, How It Works & Makes Money