Prime Capital Investment Advisors LLC cut its stake in Toyota Motor Corporation (NYSE:TM – Free Report) by 14.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,439 shares of the company’s stock after selling 403 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Toyota Motor were worth $420,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Clark Capital Management Group Inc. lifted its position in shares of Toyota Motor by 61.9% in the first quarter. Clark Capital Management Group Inc. now owns 224,583 shares of the company’s stock valued at $39,646,000 after acquiring an additional 85,835 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Toyota Motor by 7.8% in the 1st 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 in the last quarter. Northern Trust Corp lifted its holdings in Toyota Motor by 3.6% in 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 lifted its holdings in Toyota Motor by 8.5% in 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. Finally, Vantage Investment Partners LLC lifted its holdings in Toyota Motor by 53.2% in the 2nd quarter. Vantage Investment Partners LLC now owns 85,781 shares of the company’s stock valued at $14,777,000 after purchasing an additional 29,802 shares in the last quarter. 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 shares of Toyota Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday. Finally, Sanford C. Bernstein raised shares of Toyota Motor from a “market perform” rating to an “outperform” rating in a research note on Monday, August 18th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold”.
Toyota Motor Stock Down 3.7%
TM stock opened at $185.21 on Friday. The firm has a market cap of $249.55 billion, a PE ratio of 8.93 and a beta of 0.62. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.11 and a current ratio of 1.27. The firm’s 50 day moving average price is $195.32 and its 200-day moving average price is $184.81. Toyota Motor Corporation has a one year low of $155.00 and a one year high of $202.87.
Toyota Motor (NYSE:TM – Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $4.47 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 during the quarter, compared to analysts’ expectations of $81.73 billion. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. On average, equities research analysts anticipate 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.
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