Toll Brothers (TOL) reported fiscal 2026 third-quarter net income of $280.1 million, or $2.97 per diluted share, for the quarter ended July 31. Total revenue was $2.66 billion, including $2.65 billion in home sales revenue.
Home deliveries totaled 2,662, while net signed contract value increased to $2.52 billion from $2.41 billion a year earlier. The company reaffirmed its full-year guidance and raised its fiscal 2026 share-repurchase projection to $700 million from $650 million.
- Basic earnings per share were $2.98; diluted earnings per share were $2.97.
- Home sales gross margin was 23.9%, compared with 25.6% in the prior-year quarter.
- Income from operations was $359.2 million, versus $487.7 million a year earlier.
- Quarter-end backlog was $6.24 billion across 5,312 homes.
- The company repurchased about 1.4 million shares for $206.8 million during the quarter.
- Fourth-quarter delivery guidance is 3,450 to 3,550 homes.
$TOL Insider Trading Activity
$TOL insiders have traded $TOL stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 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) has made 0 purchases and 3 sales selling 72,130 shares for an estimated $11,536,916.
- ROBERT PARAHUS (President & COO) sold 7,500 shares for an estimated $1,122,450
- JOHN A MCLEAN sold 2,313 shares for an estimated $354,888
- STEPHEN F. EAST sold 1,000 shares for an estimated $139,700
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$TOL Hedge Fund Activity
We have seen 429 institutional investors add shares of $TOL stock to their portfolio, and 364 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRICE T ROWE ASSOCIATES INC /MD/ added 1,501,709 shares (+382.3%) to their portfolio in Q2 2026, for an estimated $247,406,557
- JPMORGAN CHASE & CO added 1,080,884 shares (+inf%) to their portfolio in Q2 2026, for an estimated $178,075,639
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 736,546 shares (+inf%) to their portfolio in Q2 2026, for an estimated $121,345,953
- FMR LLC added 606,187 shares (+17.3%) to their portfolio in Q2 2026, for an estimated $99,869,308
- BALYASNY ASSET MANAGEMENT L.P. removed 521,676 shares (-64.4%) from their portfolio in Q2 2026, for an estimated $85,946,121
- ZURICH INSURANCE GROUP LTD/FI added 460,235 shares (+inf%) to their portfolio in Q2 2026, for an estimated $75,823,716
- CITADEL ADVISORS LLC removed 411,940 shares (-36.4%) from their portfolio in Q2 2026, for an estimated $67,867,115
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
