Toll Brothers director Stephen East sells $108,792 in shares

Stephen F. East, a director at Toll Brothers, Inc., divested 800 shares of the company's common stock on September 24, 2026. The transaction took place at a price of $135.99 per share, resulting in a total value of $108,792. As of the latest trading data, Toll Brothers' stock is priced at $137.34, accompanied by a P/E ratio of 11.

InvestingPro analysis indicates that the company remains undervalued compared to its intrinsic value, positioning it among the most undervalued stocks in the market. Following this share sale, East now holds 12,642 shares of Toll Brothers' common stock directly. Subscribers to InvestingPro have access to 10 additional exclusive insights on TOL, such as the company's consistent dividend growth and share repurchase initiatives.

Recently, Toll Brothers reported strong fiscal third-quarter results, surpassing market expectations for both earnings and revenue. The company generated earnings of $2.97 per share on revenue of $2.66 billion, exceeding analyst estimates of $2.92 per share and $2.62 billion in sales. In response to these robust earnings, UBS raised its price target for Toll Brothers stock to $195, reflecting an improved earnings outlook and higher revenue and margin expectations.

Keefe, Bruyette & Woods also increased its price target to $170, recognizing the company's strong third-quarter performance while slightly reducing its fourth-quarter forecast due to anticipated lower gross margins. Oppenheimer maintained an "Outperform" rating on the stock with a $180 price target, highlighting Toll Brothers' luxury brand positioning and strategic initiatives.

Furthermore, the U.S. Treasury Department's expansion of its bond buyback program has created a favorable environment for homebuilders, benefiting companies like Toll Brothers. These developments indicate a positive outlook for the company, driven by its disciplined pricing strategy and resilient customer base. This report was AI-generated and reviewed by an editor for accuracy, as detailed in the T&C.