Trust Co. of Toledo NA OH Makes New Investment in Toyota Motor Corporation $TM

Trust Co. of Toledo NA OH acquired a new position in shares of Toyota Motor Corporation (NYSE:TM) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 400 shares of the company’s stock, valued at approximately $69,000.

Other hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC grew its holdings in shares of Toyota Motor by 27.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 8,163 shares of the company’s stock worth $1,424,000 after buying an additional 1,778 shares in the last quarter. DeDora Capital Inc. bought a new position in shares of Toyota Motor during the 1st quarter worth approximately $349,000. Bank of New York Mellon Corp grew its stake in shares of Toyota Motor by 10.8% during the 1st quarter. Bank of New York Mellon Corp now owns 53,998 shares of the company’s stock worth $9,532,000 after acquiring an additional 5,262 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Toyota Motor by 14.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 82,324 shares of the company’s stock worth $14,533,000 after acquiring an additional 10,433 shares in the last quarter. Finally, Sowell Financial Services LLC bought a new position in Toyota Motor in the first quarter valued at $373,000. 1.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on TM shares. Zacks Research raised shares of Toyota Motor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 26th. Sanford C. Bernstein upgraded Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Toyota Motor Stock Performance

Shares of TM stock opened at $185.21 on Monday. The company has a market capitalization of $249.55 billion, a price-to-earnings 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 company has a 50-day simple moving average of $195.32 and a 200 day simple moving average of $184.78. Toyota Motor Corporation has a 52 week low of $155.00 and a 52 week high of $202.87.

Toyota Motor (NYSE:TM) last released 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 firm had revenue of $83.13 billion during the quarter, compared to the consensus estimate 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, sell-side analysts predict 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.