Vestmark Advisory Solutions Inc. bought a new stake in Toyota Motor Corporation (NYSE:TM – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,775 shares of the company’s stock, valued at approximately $478,000.
Several other hedge funds have also modified their holdings of the stock. Goldman Sachs Group Inc. raised its stake in shares of Toyota Motor by 7.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,124,364 shares of the company’s stock valued at $198,484,000 after purchasing an additional 81,139 shares during the period. Northern Trust Corp grew its holdings in Toyota Motor by 3.6% during the 1st quarter. Northern Trust Corp now owns 996,111 shares of the company’s stock valued at $175,843,000 after purchasing an additional 34,708 shares in the last quarter. Natixis Advisors LLC grew its holdings in Toyota Motor by 8.5% during the 1st quarter. Natixis Advisors LLC now owns 426,238 shares of the company’s stock valued at $75,244,000 after purchasing an additional 33,236 shares in the last quarter. American Century Companies Inc. increased its stake in Toyota Motor by 8.7% during the 1st quarter. American Century Companies Inc. now owns 255,305 shares of the company’s stock worth $45,069,000 after buying an additional 20,526 shares during the period. Finally, Clark Capital Management Group Inc. lifted its holdings in Toyota Motor by 61.9% in the 1st quarter. Clark Capital Management Group Inc. now owns 224,583 shares of the company’s stock worth $39,646,000 after buying an additional 85,835 shares in the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on TM. Wall Street Zen raised Toyota Motor from a “hold” rating to a “buy” rating in a research report on Saturday. Erste Group Bank upgraded Toyota Motor from a “hold” rating to a “buy” rating in a report on Friday, October 31st. Zacks Research lowered Toyota Motor from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, October 8th. Finally, Sanford C. Bernstein raised shares of Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.
Toyota Motor Trading Up 1.0%
Shares of NYSE:TM opened at $206.03 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.62. The company’s 50-day moving average price is $199.29 and its 200 day moving average price is $189.36. The company has a market cap of $277.61 billion, a PE ratio of 9.93 and a beta of 0.63. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $211.24.
Toyota Motor (NYSE:TM – Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $4.85 EPS for the quarter, beating the consensus estimate of $3.36 by $1.49. The company had revenue of $80.69 billion for the quarter, compared to analyst estimates of $79.06 billion. Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. Sell-side analysts anticipate that Toyota Motor Corporation will post 19.76 earnings per share for the current year.
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.
Featured Stories
- Five stocks we like better than Toyota Motor
- How Technical Indicators Can Help You Find Oversold StocksĀ
- 3 Beaten-Down Stocks With Rebound Potential This Earnings Season
- What Investors Need to Know to Beat the Market
- Amazon Is One of the Clearest Buys If the Market Dips Again
- What Are Some of the Best Large-Cap Stocks to Buy?
- CoreWeave’s Guidance Cut: A Buying Opportunity in Disguise?
Receive News & Ratings for Toyota Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toyota Motor and related companies with MarketBeat.com's FREE daily email newsletter.
