Janney Montgomery Scott LLC Cuts Position in Toyota Motor Corporation $TM

Janney Montgomery Scott LLC trimmed its holdings in shares of Toyota Motor Corporation (NYSE:TM) by 1.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,327 shares of the company’s stock after selling 97 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Toyota Motor were worth $1,262,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TM. Cambridge Investment Research Advisors Inc. lifted its position in Toyota Motor by 0.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 11,409 shares of the company’s stock worth $2,014,000 after acquiring an additional 56 shares during the period. Dorsey & Whitney Trust CO LLC lifted its position in Toyota Motor by 0.9% during the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 6,636 shares of the company’s stock worth $1,171,000 after acquiring an additional 61 shares during the period. Financial Management Professionals Inc. lifted its position in Toyota Motor by 20.3% during the 2nd quarter. Financial Management Professionals Inc. now owns 379 shares of the company’s stock worth $65,000 after acquiring an additional 64 shares during the period. Kathmere Capital Management LLC lifted its position in Toyota Motor by 4.2% during the 2nd quarter. Kathmere Capital Management LLC now owns 1,641 shares of the company’s stock worth $283,000 after acquiring an additional 66 shares during the period. Finally, Traveka Wealth LLC lifted its position in Toyota Motor by 3.5% during the 1st quarter. Traveka Wealth LLC now owns 2,011 shares of the company’s stock worth $355,000 after acquiring an additional 68 shares during the period. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Stock Performance

Shares of TM stock opened at $185.21 on Monday. The stock has a market cap of $249.55 billion, a PE ratio of 8.93 and a beta of 0.62. The business has a 50-day simple moving average of $195.32 and a 200-day simple moving average of $184.78. 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 Corporation has a 52-week low of $155.00 and a 52-week high of $202.87.

Toyota Motor (NYSE:TM) last issued its quarterly earnings data 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. On average, equities analysts expect that Toyota Motor Corporation will post 19.76 EPS for the current year.

Analyst Upgrades and Downgrades

TM has been the subject of a number of research reports. Zacks Research raised Toyota Motor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 26th. Sanford C. Bernstein raised Toyota Motor from a “market perform” rating to an “outperform” rating in a research report on Monday, August 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Toyota Motor currently has an average rating of “Hold”.

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.