Checchi Capital Advisers LLC trimmed its stake in shares of Toyota Motor Corporation (NYSE:TM – Free Report) by 8.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,377 shares of the company’s stock after selling 903 shares during the period. Checchi Capital Advisers LLC’s holdings in Toyota Motor were worth $1,615,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in TM. Private Trust Co. NA raised its holdings in shares of Toyota Motor by 143.9% during the first quarter. Private Trust Co. NA now owns 139 shares of the company’s stock worth $25,000 after acquiring an additional 82 shares during the period. AlphaCore Capital LLC acquired a new stake in Toyota Motor in the 1st quarter valued at $37,000. Wayfinding Financial LLC acquired a new stake in Toyota Motor in the 1st quarter valued at $41,000. ORG Wealth Partners LLC acquired a new stake in Toyota Motor in the 1st quarter valued at $47,000. Finally, Headlands Technologies LLC acquired a new stake in Toyota Motor in the 1st quarter valued at $47,000. 1.48% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have issued reports on TM shares. Sanford C. Bernstein upgraded shares of Toyota Motor from a “market perform” rating to an “outperform” rating in a research note on Monday, August 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Toyota Motor in a research note on Saturday, September 27th. Finally, Zacks Research upgraded shares of Toyota Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 26th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold”.
Toyota Motor Stock Up 2.1%
Toyota Motor stock opened at $194.49 on Friday. The firm has a market capitalization of $262.07 billion, a PE ratio of 9.38 and a beta of 0.62. The company’s 50-day moving average is $194.06 and its 200-day moving average is $184.66. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $202.87. 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 – Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $4.47 earnings per share for the quarter, missing the consensus estimate of $4.67 by ($0.20). The firm had revenue of $83.13 billion for the quarter, compared to analyst estimates of $81.73 billion. Toyota Motor had a return on equity of 11.63% and a net margin of 8.77%. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. Sell-side analysts anticipate that Toyota Motor Corporation will post 19.76 earnings per share for the current year.
About Toyota Motor
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.
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