Frank Rimerman Advisors LLC Sells 2,381 Shares of Toyota Motor Corporation $TM

Frank Rimerman Advisors LLC trimmed its stake in Toyota Motor Corporation (NYSE:TM) by 44.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,034 shares of the company’s stock after selling 2,381 shares during the period. Frank Rimerman Advisors LLC’s holdings in Toyota Motor were worth $580,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Root Financial Partners LLC bought a new position in Toyota Motor in the third quarter worth about $26,000. NewSquare Capital LLC grew its position in shares of Toyota Motor by 65.7% in the 2nd quarter. NewSquare Capital LLC now owns 227 shares of the company’s stock worth $39,000 after buying an additional 90 shares during the last quarter. Bangor Savings Bank grew its position in shares of Toyota Motor by 27.8% in the 3rd quarter. Bangor Savings Bank now owns 267 shares of the company’s stock worth $51,000 after buying an additional 58 shares during the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of Toyota Motor during the 2nd quarter worth approximately $53,000. Finally, Richardson Financial Services Inc. lifted its position in Toyota Motor by 134.4% during the third quarter. Richardson Financial Services Inc. now owns 286 shares of the company’s stock valued at $55,000 after acquiring an additional 164 shares during the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Stock Down 0.1%

Shares of TM stock opened at $226.83 on Friday. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $235.64. The firm has a market capitalization of $305.64 billion, a PE ratio of 10.00 and a beta of 0.64. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.10 and a current ratio of 1.25. The stock’s 50-day simple moving average is $214.41 and its 200-day simple moving average is $201.84.

Toyota Motor (NYSE:TM) last issued its earnings results on Wednesday, November 5th. The company reported $4.85 EPS for the quarter, beating analysts’ consensus estimates of $3.36 by $1.49. Toyota Motor had a return on equity of 12.32% and a net margin of 9.33%.The firm had revenue of $81.22 billion for the quarter, compared to analyst estimates of $79.06 billion. Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. Equities analysts expect that Toyota Motor Corporation will post 19.76 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on TM shares. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a research note on Friday, October 31st. Wall Street Zen cut Toyota Motor from a “buy” rating to a “hold” rating in a research report on Sunday, November 16th. Zacks Research lowered Toyota Motor from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

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.