Toll Brothers, Inc. Announces Franklin Ridge Community Launch in Franklin, Tennessee

Toll Brothers will launch Franklin Ridge, a new luxury home community in Franklin, Tennessee, featuring 34 single-family homes, later this year.

Quiver AI Summary

Toll Brothers, Inc. has announced the upcoming launch of Franklin Ridge, a new luxury home community in Franklin, Tennessee, expected to open for sales later this year. Located near the McEwen Interstate 65 interchange, Franklin Ridge will offer 34 single-family homes featuring 4 to 6 bedrooms and up to 4,350 square feet of living space. Homebuyers can choose from three distinct home designs with various exterior options, complemented by spacious sites and community amenities. Residents will have access to the Toll Brothers Design Studio for personalized home features and enjoy proximity to shopping, dining, and excellent schools. Franklin Ridge homes are anticipated to start at $1.5 million, with full details available on the community's website.

Potential Positives

Toll Brothers is expanding into the Nashville area with the introduction of the Franklin Ridge community, indicating growth and confidence in the luxury home market.
The new community will feature 34 single-family homes with customizable options, appealing to discerning homebuyers seeking luxury living.
Franklin Ridge's strategic location near major highways provides residents with easy access to shopping, dining, and entertainment, enhancing the appeal of the community.
Toll Brothers' established reputation as the leading builder of luxury homes and its award recognitions bolster the credibility and attractiveness of the new development.

Potential Negatives

The anticipated starting price of homes at Franklin Ridge is $1.5 million, which may limit potential buyers in a competitive housing market.
The press release does not mention any measures to address potential environmental concerns related to new developments in the area, which could be a point of criticism.
While promoting luxury living, the release lacks details on the timeline for construction completion and sales, which could lead to uncertainty among prospective buyers.

FAQ

What is Franklin Ridge by Toll Brothers?

Franklin Ridge is a new luxury home community in Franklin, Tennessee, featuring 34 single-family homes with exceptional designs.

When will homes at Franklin Ridge be available for sale?

Sales for the Franklin Ridge community are expected to open later in 2025.

What amenities will residents of Franklin Ridge enjoy?

Residents will have access to shopping, dining, arts, entertainment, and recreational opportunities in the Cool Springs area.

How large are the homes in Franklin Ridge?

Homes will offer 4 to 6 bedrooms and up to 4,350 square feet of living space, with various floor plans available.

What is the starting price for homes at Franklin Ridge?

Homes at Franklin Ridge are anticipated to start from $1.5 million.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$TOL Insider Trading Activity

$TOL insiders have traded $TOL stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $TOL stock by insiders over the last 6 months:

DOUGLAS C. JR. YEARLEY (Chief Executive Officer) sold 25,000 shares for an estimated $3,955,635
MARTIN P. CONNOR (Chief Financial Officer) sold 11,140 shares for an estimated $1,404,458
PAUL E SHAPIRO has made 0 purchases and 2 sales selling 10,837 shares for an estimated $1,263,469.
CHRISTINE GARVEY has made 0 purchases and 3 sales selling 645 shares for an estimated $74,766.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$TOL Hedge Fund Activity

We have seen 313 institutional investors add shares of $TOL stock to their portfolio, and 347 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BALYASNY ASSET MANAGEMENT L.P. added 1,110,192 shares (+24475.1%) to their portfolio in Q4 2024, for an estimated $139,828,682
D1 CAPITAL PARTNERS L.P. added 845,000 shares (+inf%) to their portfolio in Q4 2024, for an estimated $106,427,750
QUBE RESEARCH & TECHNOLOGIES LTD added 739,218 shares (+150.4%) to their portfolio in Q4 2024, for an estimated $93,104,507
MARSICO CAPITAL MANAGEMENT LLC removed 701,928 shares (-93.3%) from their portfolio in Q4 2024, for an estimated $88,407,831
BLACKROCK, INC. removed 605,529 shares (-4.5%) from their portfolio in Q4 2024, for an estimated $76,266,377
HOLOCENE ADVISORS, LP added 572,809 shares (+inf%) to their portfolio in Q4 2024, for an estimated $72,145,293
CIBC PRIVATE WEALTH GROUP LLC removed 557,027 shares (-98.9%) from their portfolio in Q4 2024, for an estimated $70,157,550

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$TOL Analyst Ratings

Wall Street analysts have issued reports on $TOL in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Wedbush issued a "Outperform" rating on 10/25/2024

To track analyst ratings and price targets for $TOL, check out Quiver Quantitative's $TOL forecast page.

Full Release

FRANKLIN, Tenn., April 16, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, today announced a highly anticipated new Nashville-area community, Franklin Ridge , is coming soon to Franklin, Tennessee. Site work is underway, and the community is anticipated to open for sales later this year.

Conveniently located near the McEwen Interstate 65 interchange, Franklin Ridge will feature 34 exceptional single-family homes. The homes will feature 4 to 6 bedrooms and offer up to 4,350 square feet of living space. Prospective homeowners will have the opportunity of selecting from three stunning home designs, each offered with three distinct exterior designs, all crafted with the unparalleled quality, craftsmanship, and value for which Toll Brothers is renowned. Additionally, residents will benefit from spacious home sites, many offering basements and second level balconies with breathtaking views of Roper’s Knob.

Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio . The state-of-the-art Design Studio allows customers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

“With thoughtfully designed floor plans that cater to the needs of today’s discerning home shoppers, and an array of personalization options available, Toll Brothers will provide the ultimate in luxury living in the heart of Franklin and Cool Springs,” said Jordan Hartigan, Division President of Toll Brothers in Tennessee. “We are excited to introduce our first community in Franklin, one of the nation's most desirable locations.”

Franklin Ridge residents will enjoy easy access to a wide array of shopping, dining, and all that the Cool Springs area offers. Franklin is also rich in the arts, entertainment, and recreational opportunities, making it a vibrant place to live. The community is served by the highly regarded Williamson County and Franklin Special School Districts, ensuring excellent educational opportunities for families.

With major highways, including Interstate 65, just moments away, residents will appreciate convenient connections to Brentwood, Downtown Nashville, and the entire South Nashville corridor.

Toll Brothers new home communities in the greater Nashville area include Toll Brothers at The Nations in Nashville, Tomlinson Pointe in Mt. Juliet, Meadowlark in Murfreesboro, and Toll Brothers at August Park in Spring Hill, schedule to open in August 2025.

Homes at Franklin Ridge are anticipated to be priced from $1.5 million. For more information, and to join the Toll Brothers interest list, visit LiveAtFranklinRidge.com , or call (855) 949-8655.

For more information on other Toll Brothers communities in the Nashville area, prospective home buyers can call (855) 949-8655 or visit TollBrothers.com/TN .

About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

Toll Brothers has been one of Fortune magazine’s World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com .

Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a362d716-052b-40e0-8d17-74a44e988f2c

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)