Spire Wealth Management Acquires 575 Shares of Toyota Motor Corporation $TM

Spire Wealth Management boosted its stake in Toyota Motor Corporation (NYSE:TM) by 136.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 996 shares of the company’s stock after purchasing an additional 575 shares during the quarter. Spire Wealth Management’s holdings in Toyota Motor were worth $172,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its holdings in Toyota Motor by 27.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 8,163 shares of the company’s stock valued at $1,424,000 after purchasing an additional 1,778 shares during the period. DeDora Capital Inc. bought a new position in Toyota Motor in the 1st quarter valued at $349,000. Bank of New York Mellon Corp boosted its holdings in Toyota Motor by 10.8% in the 1st quarter. Bank of New York Mellon Corp now owns 53,998 shares of the company’s stock valued at $9,532,000 after purchasing an additional 5,262 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Toyota Motor by 14.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 82,324 shares of the company’s stock valued at $14,533,000 after purchasing an additional 10,433 shares during the period. Finally, Bearing Point Capital LLC boosted its holdings in Toyota Motor by 11.5% in the 1st quarter. Bearing Point Capital LLC now owns 18,797 shares of the company’s stock valued at $3,318,000 after purchasing an additional 1,933 shares during the period. Institutional investors own 1.48% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on TM shares. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a research report on Friday, October 31st. Zacks Research cut shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, October 8th. Finally, Sanford C. Bernstein raised Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Toyota Motor Price Performance

Shares of NYSE:TM opened at $204.11 on Wednesday. The stock has a market cap of $275.02 billion, a PE ratio of 9.84 and a beta of 0.62. The company’s fifty day moving average is $198.54 and its 200 day moving average is $188.62. Toyota Motor Corporation has a 52 week low of $155.00 and a 52 week high of $211.24. 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) last issued 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). The business had revenue of $83.13 billion during the quarter, compared to analysts’ expectations of $81.73 billion. Toyota Motor had a return on equity of 11.63% and a net margin of 8.77%. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. Research analysts anticipate that Toyota Motor Corporation will post 19.76 earnings per share 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.