Bank of Montreal Can Raises Holdings in Toyota Motor Corporation $TM

Bank of Montreal Can boosted its position in Toyota Motor Corporation (NYSE:TM) by 5.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,194 shares of the company’s stock after acquiring an additional 1,539 shares during the quarter. Bank of Montreal Can’s holdings in Toyota Motor were worth $5,029,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in shares of Toyota Motor by 21.8% during the 4th 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. Bank of New York Mellon Corp lifted its position in Toyota Motor by 10.8% during the first quarter. Bank of New York Mellon Corp now owns 53,998 shares of the company’s stock valued at $9,532,000 after buying an additional 5,262 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Toyota Motor by 19.5% during the first quarter. Envestnet Asset Management Inc. now owns 153,414 shares of the company’s stock valued at $27,082,000 after buying an additional 25,056 shares in the last quarter. Xponance Inc. grew its stake in Toyota Motor by 5.1% during the first quarter. Xponance Inc. now owns 3,413 shares of the company’s stock worth $602,000 after buying an additional 167 shares during the period. Finally, Kathmere Capital Management LLC increased its position in shares of Toyota Motor by 26.0% in the first quarter. Kathmere Capital Management LLC now owns 1,575 shares of the company’s stock worth $278,000 after acquiring an additional 325 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Toyota Motor Price Performance

Shares of NYSE TM opened at $204.17 on Tuesday. 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 Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $211.24. The business has a 50 day moving average price of $199.04 and a two-hundred day moving average price of $189.24. The firm has a market cap of $275.10 billion, a PE ratio of 9.84 and a beta of 0.63.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, November 5th. The company reported $4.85 EPS for the quarter, beating the consensus estimate of $3.36 by $1.49. Toyota Motor had a return on equity of 11.63% and a net margin of 8.77%.The company had revenue of $80.69 billion during the quarter, compared to analysts’ expectations of $79.06 billion. Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. Sell-side analysts expect that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal 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.