Toyota Motor Corporation $TM Shares Sold by Truist Financial Corp

Truist Financial Corp trimmed its holdings in shares of Toyota Motor Corporation (NYSE:TM) by 1.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,643 shares of the company’s stock after selling 139 shares during the period. Truist Financial Corp’s holdings in Toyota Motor were worth $1,489,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Cambridge Investment Research Advisors Inc. grew its stake in Toyota Motor by 0.5% in 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 holdings in shares of Toyota Motor by 0.9% during the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 6,636 shares of the company’s stock valued at $1,171,000 after acquiring an additional 61 shares in the last quarter. Financial Management Professionals Inc. lifted its holdings in shares of Toyota Motor by 20.3% during the 2nd quarter. Financial Management Professionals Inc. now owns 379 shares of the company’s stock valued at $65,000 after acquiring an additional 64 shares in the last quarter. Kathmere Capital Management LLC lifted its holdings in shares of Toyota Motor by 4.2% during the 2nd quarter. Kathmere Capital Management LLC now owns 1,641 shares of the company’s stock valued at $283,000 after acquiring an additional 66 shares in the last quarter. Finally, Traveka Wealth LLC lifted its holdings in shares of Toyota Motor by 3.5% during the 1st quarter. Traveka Wealth LLC now owns 2,011 shares of the company’s stock valued at $355,000 after acquiring an additional 68 shares in the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

Toyota Motor Stock Performance

TM opened at $185.21 on Friday. The firm has a market cap of $249.55 billion, a PE ratio of 8.93 and a beta of 0.62. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.62. The business has a fifty day simple moving average of $195.32 and a 200-day simple moving average of $184.78. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $202.87.

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). The company had revenue of $83.13 billion for the quarter, compared to the consensus estimate 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. As a group, equities analysts predict that Toyota Motor Corporation will post 19.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on TM. Zacks Research upgraded Toyota Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 26th. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday. Finally, Sanford C. Bernstein raised Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Two research 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. According to MarketBeat, 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.