Q3 EPS Misses by $0.30 on $3.42B Revenue as Toll Brothers Declares $0.25 Dividend

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Toll Brothers reported third-quarter earnings per share of $4.58, missing consensus by $0.30 on revenue of $3.42 billion, up 2.7% year-over-year. The company declared a $0.25 quarterly dividend and saw Cerity Partners increase its stake by 16.6% to 90,673 shares valued at $12.53 million.

1. Toll Brothers Opens Woodinville Square Model Homes

Toll Brothers formally inaugurated two designer-decorated model homes at its new Woodinville Square townhome community on January 17, 2026, drawing over 200 attendees during the three-hour event. The community offers three-bedroom residences with 3.5 baths, 1- or 2-car garages and open floor plans spanning 1,510 to more than 2,017 square feet. Pricing begins in the mid-$800,000s. Attendees toured the bright interiors and select rooftop decks while sampling fresh-made warm donuts and specialty coffee. The project marks Toll Brothers’ third major entry into the greater Seattle metro area within 12 months and follows pre-sales of 30 units at two nearby developments, of which over 80% have closed or are under contract.

2. Camas Meadows Crossing Grand Opening Draws Regional Buyers

On the same weekend, Toll Brothers unveiled the Brasada and Alderbrook model homes at Camas Meadows Crossing, located 20 minutes from downtown Portland, Oregon. The three-story townhomes range from 3 to 5 bedrooms, up to 2,481 square feet, and include attached two-car garages, with pricing starting in the upper $500,000s. More than 150 prospective buyers toured the homes between noon and 3 p.m., reviewed quick move-in options and explored the on-site Design Studio where professional consultants guide finish selections. The community’s proximity to the Camas School District, Lacamas Lake and local golf and dining venues has spurred reservations for 25% of the first phase.

3. Cerity Partners Increases Stake as Institutional Ownership Tops 90%

In its latest SEC filing for the third quarter, Cerity Partners LLC disclosed a 16.6% increase in its Toll Brothers share count, acquiring an additional 12,898 shares and raising its holding to 90,673 shares valued at $12.53 million. This move contributes to a total institutional ownership level of approximately 91.8%, underscoring continued confidence among large investors. Other active adjustments include double-digit increases by MassMutual Private Wealth & Trust and Global Retirement Partners, signaling broader sector interest ahead of Toll Brothers’ next quarterly earnings release, scheduled for early February.

Sources

DGG