Toll Brothers Appoints New CFO and Announces Q2 Earnings

Toll Brothers has appointed Gregg Ziegler as its new CFO, effective October 31. Ziegler, a senior vice president with over two decades of experience at the company, will oversee accounting, treasury and finance, tax, investor relations, risk management, internal audit, mortgage, title, and information technology. The average target price for Toll Brothers is $137.29, with a high estimate of $183.00 and a low estimate of $92.00, implying an upside of 11.96% from the current price. The estimated GF Value for Toll Brothers in one year is $99.51, suggesting a downside of 18.85% from the current price.

Toll Brothers, Inc. (NYSE: TOL), a leading builder of luxury homes, has announced a significant leadership transition. Gregg Ziegler, a 23-year company veteran, will succeed Marty Connor as Chief Financial Officer (CFO) effective October 31, 2025. Ziegler, currently serving as Senior Vice President of Investor Relations & Treasurer, will oversee a wide range of financial functions, including accounting, treasury and finance, tax, investor relations, risk management, internal audit, mortgage, title, and information technology.

Marty Connor, who has served the company for 17 years, will continue as a senior advisor for one year to ensure a smooth transition. This extended transition period signals a methodical handover rather than an abrupt change. Ziegler's promotion represents a strategic internal elevation, indicating the board's confidence in maintaining current financial strategies. His progression through various financial roles since joining in 2002 suggests a deliberate grooming process.

Ziegler holds a Bachelor of Science degree in Accounting and a Master of Business Administration degree from Villanova University. His extensive experience within Toll Brothers, including roles in investor relations, capital markets, mergers and acquisitions, and financial planning, underscores his deep understanding of the company's financial structure. This transition is expected to reassure markets concerned about leadership changes at homebuilders, whose financial discipline is crucial to navigating housing market cycles.

The average target price for Toll Brothers is $137.29, with a high estimate of $183.00 and a low estimate of $92.00, implying an upside of 11.96% from the current price. The estimated GF Value for Toll Brothers in one year is $99.51, suggesting a downside of 18.85% from the current price.

References:
[1] https://www.stocktitan.net/news/TOL/toll-brothers-announces-gregg-ziegler-to-succeed-marty-connor-as-0fn9nylfdign.html