Toyota Motor Corporation (NYSE:TM) Short Interest Down 27.4% in October

Toyota Motor Corporation (NYSE:TM) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 777,300 shares, a drop of 27.4% from the September 30th total of 1,070,000 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 316,600 shares, the days-to-cover ratio is presently 2.5 days. Based on an average daily volume of 316,600 shares, the days-to-cover ratio is presently 2.5 days. Currently, 0.1% of the company’s shares are short sold.

Toyota Motor Trading Up 0.7%

Shares of NYSE TM traded up $1.41 during midday trading on Monday, hitting $205.60. The stock had a trading volume of 469,012 shares, compared to its average volume of 387,041. The company’s 50-day simple moving average is $198.40 and its 200 day simple moving average is $188.43. The firm has a market cap of $277.03 billion, a P/E ratio of 9.91 and a beta of 0.62. Toyota Motor has a fifty-two week low of $155.00 and a fifty-two week high of $211.24. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.11.

Toyota Motor (NYSE:TM) last released its earnings results on Thursday, August 7th. The company reported $4.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.67 by ($0.20). Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. The business had revenue of $83.13 billion for the quarter, compared to analyst estimates of $81.73 billion. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. Research analysts anticipate that Toyota Motor will post 19.76 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB raised its holdings in Toyota Motor by 5.2% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,020 shares of the company’s stock worth $195,000 after buying an additional 50 shares during the period. MGO One Seven LLC lifted its position in shares of Toyota Motor by 3.8% in the third quarter. MGO One Seven LLC now owns 1,444 shares of the company’s stock worth $276,000 after purchasing an additional 53 shares in the last quarter. Lodestone Wealth Management LLC grew its position in Toyota Motor by 2.3% in the third quarter. Lodestone Wealth Management LLC now owns 2,590 shares of the company’s stock valued at $495,000 after purchasing an additional 57 shares in the last quarter. Bangor Savings Bank lifted its position in Toyota Motor by 27.8% during the 3rd quarter. Bangor Savings Bank now owns 267 shares of the company’s stock worth $51,000 after buying an additional 58 shares in the last quarter. Finally, Argonautica Private Wealth Management Inc. raised its holdings in Toyota Motor by 2.9% during the third quarter. Argonautica Private Wealth Management Inc. now owns 2,136 shares of the company’s stock worth $408,000 after acquiring an additional 60 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TM shares. Zacks Research downgraded shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Sanford C. Bernstein upgraded Toyota Motor from a “market perform” rating to an “outperform” rating in a research note on Monday, August 18th. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday, October 8th. Finally, Erste Group Bank raised shares of Toyota Motor from a “hold” rating to a “buy” rating in a report on Friday. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Toyota Motor presently has a consensus rating of “Hold”.

Toyota Motor Company Profile

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments.