Kestra Private Wealth Services LLC lowered its position in shares of Toyota Motor Corporation (NYSE:TM – Free Report) by 67.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,640 shares of the company’s stock after selling 3,437 shares during the period. Kestra Private Wealth Services LLC’s holdings in Toyota Motor were worth $351,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Fisher Asset Management LLC increased its position in Toyota Motor by 1.2% during the 3rd quarter. Fisher Asset Management LLC now owns 6,909,198 shares of the company’s stock worth $1,320,279,000 after buying an additional 81,564 shares during the period. Bank of America Corp DE grew its stake in shares of Toyota Motor by 4.9% in the third quarter. Bank of America Corp DE now owns 1,465,611 shares of the company’s stock valued at $280,064,000 after acquiring an additional 67,943 shares in the last quarter. Northern Trust Corp increased its position in Toyota Motor by 3.6% during the third quarter. Northern Trust Corp now owns 1,051,468 shares of the company’s stock worth $200,925,000 after acquiring an additional 36,207 shares during the period. Natixis Advisors LLC increased its position in Toyota Motor by 8.5% during the third quarter. Natixis Advisors LLC now owns 465,639 shares of the company’s stock worth $88,979,000 after acquiring an additional 36,381 shares during the period. Finally, Captrust Financial Advisors raised its stake in Toyota Motor by 1.2% in the 3rd quarter. Captrust Financial Advisors now owns 407,239 shares of the company’s stock worth $77,819,000 after purchasing an additional 4,689 shares in the last quarter. 1.48% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on the stock. DZ Bank upgraded shares of Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, March 2nd. BNP Paribas Exane began coverage on Toyota Motor in a research note on Thursday, February 12th. They issued an “outperform” rating and a $290.00 price target for the company. Erste Group Bank downgraded Toyota Motor from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a research note on Monday, April 20th. Finally, Morgan Stanley assumed coverage on Toyota Motor in a research report on Friday, May 1st. They set an “equal weight” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Toyota Motor presently has an average rating of “Moderate Buy” and an average price target of $290.00.
Toyota Motor Stock Up 2.8%
TM stock opened at $195.26 on Thursday. The firm has a 50-day moving average price of $212.14 and a 200-day moving average price of $214.49. Toyota Motor Corporation has a 12 month low of $167.18 and a 12 month high of $248.90. The company has a current ratio of 1.26, a quick ratio of 1.12 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $254.49 billion, a P/E ratio of 10.29 and a beta of 0.58.
Toyota Motor (NYSE:TM – Get Free Report) last released its quarterly earnings data on Saturday, February 7th. The company reported $6.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.35 by $1.91. Toyota Motor had a net margin of 7.32% and a return on equity of 9.67%. The business had revenue of $76.37 billion during the quarter, compared to analysts’ expectations of $82 billion. As a group, equities research analysts anticipate that Toyota Motor Corporation will post 18.53 EPS for the current fiscal year.
Toyota Motor News Summary
Here are the key news stories impacting Toyota Motor this week:
- Positive Sentiment: Ford reportedly pulled back from its EV push earlier this year while Toyota looks to expand EV efforts — investors see reduced near-term competition in key segments and greater upside for Toyota’s EV strategy. Ford Exits EVs As Toyota Move In
- Neutral Sentiment: Zentek announced Health Canada says its ZenGUARD air filters aren’t regulated under pest-control rules — product/regulatory news for a materials company with no material impact on Toyota. Zentek Accepting Canadian Commercial Orders for ZenGUARD(TM) Enhanced Air Filters
- Neutral Sentiment: Peer To Peer Network deployed MobiCard 1.8 to TestFlight for final beta testing — product update for a digital-card app, unrelated to Toyota’s business. Peer To Peer Network Announces Deployment of MobiCard(TM) 1.8 to TestFlight
- Neutral Sentiment: TGI Amiron unveiled an advanced Stirling/energy-efficiency platform claiming high data?center efficiency — interesting for energy tech investors but unlikely to move Toyota shares near term. TGI Amiron Group Unveils Axiomaxus(TM) – Driven Stirling Ecosystem
- Neutral Sentiment: GraniteShares launched four new YieldBOOST ETFs across sectors and long-term Treasuries — product/market development for ETF investors, not Toyota-specific. GraniteShares Expands YieldBOOST(TM) Platform
- Neutral Sentiment: Greene Concepts commented on packaging and microplastics amid industry research — industry-wide consumer-safety context but no direct implication for Toyota. Greene Concepts Highlights Packaging Design and Source Integrity of Be Water(TM)
- Neutral Sentiment: Therma Bright received a follow-on order for a medical device product — positive for that small-cap’s revenue, but unrelated to Toyota’s outlook. Therma Bright Announces Follow-On Order from Horizon Health
- Neutral Sentiment: Vault Strategic moved to the OTCID market with DTC eligibility — a capital-markets technical update for a junior miner, not relevant to Toyota. Vault Strategic Transitions To OTCID(TM) Under Symbol “KNXFF”
- Neutral Sentiment: BioLargo’s Clyra Medical struck an exclusive distribution deal in MENA for a medical product — a regional commercialization move that doesn’t affect Toyota. BioLargo Subsidiary Clyra Medical Signs Exclusive Distribution Agreement
Toyota Motor Company Profile
Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.
The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.
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