Envestnet Asset Management Inc. Reduces Stock Position in Toyota Motor Corporation $TM

Envestnet Asset Management Inc. lowered its stake in Toyota Motor Corporation (NYSE:TM) by 2.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 149,624 shares of the company’s stock after selling 3,790 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Toyota Motor were worth $25,774,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Clark Capital Management Group Inc. boosted its holdings in shares of Toyota Motor by 61.9% in the first quarter. Clark Capital Management Group Inc. now owns 224,583 shares of the company’s stock worth $39,646,000 after buying an additional 85,835 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Toyota Motor by 7.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,124,364 shares of the company’s stock worth $198,484,000 after buying an additional 81,139 shares during the last quarter. Northern Trust Corp boosted its holdings in shares of Toyota Motor by 3.6% in the first quarter. Northern Trust Corp now owns 996,111 shares of the company’s stock worth $175,843,000 after buying an additional 34,708 shares during the last quarter. Natixis Advisors LLC boosted its holdings in shares of Toyota Motor by 8.5% in the first quarter. Natixis Advisors LLC now owns 426,238 shares of the company’s stock worth $75,244,000 after buying an additional 33,236 shares during the last quarter. Finally, Vantage Investment Partners LLC boosted its holdings in shares of Toyota Motor by 53.2% in the second quarter. Vantage Investment Partners LLC now owns 85,781 shares of the company’s stock worth $14,777,000 after buying an additional 29,802 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Sanford C. Bernstein raised shares of Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday, October 8th. Zacks Research downgraded shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Finally, Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a research report on Friday. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Toyota Motor has an average rating of “Hold”.

Toyota Motor Price Performance

TM stock opened at $205.60 on Tuesday. Toyota Motor Corporation has a one year low of $155.00 and a one year high of $211.24. The company’s fifty day moving average price is $198.40 and its 200-day moving average price is $188.43. 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 market capitalization of $277.03 billion, a PE ratio of 9.91 and a beta of 0.62.

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

Toyota Motor Company 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.