Abundance Wealth Counselors increased its position in Toyota Motor Corporation (NYSE:TM – Free Report) by 2.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 3,105 shares of the company’s stock after purchasing an additional 62 shares during the period. Abundance Wealth Counselors’ holdings in Toyota Motor were worth $535,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Private Trust Co. NA lifted its holdings in shares of Toyota Motor by 143.9% in the 1st quarter. Private Trust Co. NA now owns 139 shares of the company’s stock valued at $25,000 after purchasing an additional 82 shares during the last quarter. AlphaCore Capital LLC purchased a new stake in shares of Toyota Motor in the 1st quarter valued at about $37,000. Wayfinding Financial LLC purchased a new stake in shares of Toyota Motor in the 1st quarter valued at about $41,000. ORG Wealth Partners LLC purchased a new stake in shares of Toyota Motor in the 1st quarter valued at about $47,000. Finally, Headlands Technologies LLC purchased a new stake in shares of Toyota Motor in the 1st quarter valued at about $47,000. 1.48% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research firms have recently weighed in on TM. Zacks Research raised Toyota Motor from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 26th. Sanford C. Bernstein raised Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.
Toyota Motor Stock Performance
Shares of TM stock opened at $190.64 on Friday. The stock has a market capitalization of $256.88 billion, a PE ratio of 9.19 and a beta of 0.62. Toyota Motor Corporation has a 52-week low of $155.00 and a 52-week high of $202.87. The stock’s 50-day moving average price is $193.94 and its 200 day moving average price is $184.68. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.62.
Toyota Motor (NYSE:TM – Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $4.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.67 by ($0.20). The company had revenue of $83.13 billion during the quarter, compared to analyst estimates of $81.73 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 14.100-14.100 EPS. As a group, equities research analysts forecast that Toyota Motor Corporation will post 19.76 EPS for the current year.
Toyota Motor 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.
Recommended Stories
- Five stocks we like better than Toyota Motor
- What Investors Need to Know to Beat the Market
- General Dynamics Hits New Highs: Why It Might Keep Climbing
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Nike’s Turnaround: If the Shoe Fits, Buy It!
- How to start investing in penny stocks
- NVIDIA Breaks Out to New Highs: What Comes Next?
Want to see what other hedge funds are holding TM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Toyota Motor Corporation (NYSE:TM – Free Report).
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.