Rhumbline Advisers Sells 1,488 Shares of Toyota Motor Corporation $TM

Rhumbline Advisers cut its holdings in Toyota Motor Corporation (NYSE:TM) by 9.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,443 shares of the company’s stock after selling 1,488 shares during the period. Rhumbline Advisers’ holdings in Toyota Motor were worth $2,550,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in TM. Brighton Jones LLC increased its stake in shares of Toyota Motor by 21.8% in the fourth quarter. Brighton Jones LLC now owns 2,658 shares of the company’s stock worth $517,000 after purchasing an additional 476 shares during the period. Silvercrest Asset Management Group LLC increased its stake in shares of Toyota Motor by 26.8% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 23,227 shares of the company’s stock worth $4,520,000 after purchasing an additional 4,911 shares during the period. Snowden Capital Advisors LLC bought a new position in shares of Toyota Motor in the fourth quarter worth about $212,000. Vident Advisory LLC increased its stake in shares of Toyota Motor by 6.1% in the fourth quarter. Vident Advisory LLC now owns 23,010 shares of the company’s stock worth $4,478,000 after purchasing an additional 1,318 shares during the period. Finally, Inspire Trust Co. N.A. increased its stake in shares of Toyota Motor by 2.5% in the fourth quarter. Inspire Trust Co. N.A. now owns 20,000 shares of the company’s stock worth $3,892,000 after purchasing an additional 497 shares during the period. 1.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. 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. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Toyota Motor Trading Up 0.8%

TM stock opened at $198.82 on Wednesday. Toyota Motor Corporation has a 1-year low of $155.00 and a 1-year high of $202.85. The firm has a market cap of $267.89 billion, a P/E ratio of 9.59 and a beta of 0.61. The business’s 50 day moving average is $188.34 and its 200-day moving average is $183.78. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.62.

Toyota Motor (NYSE:TM) last released its quarterly earnings data on Thursday, August 7th. The company reported $4.47 earnings per share for the quarter, missing the consensus estimate of $4.67 by ($0.20). Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. The company had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $81.73 billion. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. Equities analysts anticipate that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal 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.