Melius Research Rates Toll Brothers (TOL) Buy, $179 Price Target

Melius Research issued a Buy rating on Toll Brothers, Inc. (NYSE: TOL) with a $179.00 price target on October 6, 2026. The research note provides a forward-looking opinion on the homebuilder as shares traded around $138.00 on the day of the announcement.

TOL Toll Brothers, Inc.

$131.32 ▼ -2.42% year to date

1M 3M YTD

Daily close · Oct 19, 2026

Melius Research's Call on Toll Brothers

Melius Research reaffirmed its positive stance on the luxury home builder with its $179.00 price target. The rating aligns with a broader group of Wall Street firms covering the residential construction company.

Other Institutional Activity in Toll Brothers

Annex Advisory Services grew its holdings by 214,438 shares, ending with 275,100 shares worth about $37.07 million. Greenhaven Associates, Inc. reduced its stake by 15,242 shares, or 0.3%, holding 5,630,109 shares valued at about $738.22 million.

Toll Brothers, Inc. Stock Down 0.3%

Toll Brothers closed at $138.00 on October 6, 2026. The stock recently traded at $133.35 as of October 16, 2026. Shares sit below both the 50-day moving average of $140.07 and the 200-day moving average of $144.13. The company has a market capitalization of roughly $12.34 billion.

Recent Earnings

Toll Brothers reported trailing-twelve-month revenue of $10.76 billion alongside $12.41 in earnings per share. The company generated a net profit margin of 11.1% and a return on equity of 14.4%. Revenue declined 9.7% over the prior year period. The homebuilder's next earnings report is scheduled for December 8, 2026.

Dividend

Toll Brothers pays an annual dividend yielding 0.78% with a payout ratio of 8.2%.

Insider Buying and Selling at Toll Brothers, Inc.

Four insider transactions occurred earlier in the year. Director John A. McLean sold 2,313 shares on March 4, 2026, at $153.43 per share for $354,889. Director Stephen F. East sold 1,000 shares on April 15, 2026, at $139.70 per share for $139,700. President Robert Parahus sold 7,500 shares on June 18, 2026, at $149.66 per share for $1.12 million. Officer and Director Douglas C. Yearley Jr. sold 77,957 shares on June 18, 2026, at $156.58 per share for $12.21 million.

Analysts Set New Price Targets

Keefe, Bruyette & Woods maintained an Outperform rating while raising its target from $161.00 to $170.00 on August 28, 2026. Evercore ISI Group maintained an Outperform rating while adjusting its target from $191.00 to $184.00 on September 25, 2026. Morgan Stanley initiated coverage with an Overweight rating and a $159.00 target on October 1, 2026. Barclays maintained an Underweight rating and adjusted its target from $122.00 to $118.00 on October 6, 2026. Overall, the stock carries 17 analyst opinions with a consensus buy recommendation and a mean price target of $169.65.

About Toll Brothers

Toll Brothers, Inc. designs, builds, markets, and sells luxury detached and attached homes in residential communities across the United States. It also constructs condominiums through its Toll Brothers City Living division. Headquartered in Fort Washington, Pennsylvania, the firm serves move-up, empty-nester, active-adult, and second-home buyers.

Bottom Line

Melius Research's reaffirmed Buy rating highlights continued confidence from specific research desks as the homebuilder approaches its next financial results. Investors will watch the upcoming earnings release on December 8, 2026, for updates on housing demand and profit margins.