Naviter Wealth LLC Sells 384 Shares of Toyota Motor Corporation $TM

Naviter Wealth LLC decreased its position in Toyota Motor Corporation (NYSE:TM) by 1.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,882 shares of the company’s stock after selling 384 shares during the quarter. Naviter Wealth LLC’s holdings in Toyota Motor were worth $4,114,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Private Trust Co. NA boosted its position in Toyota Motor by 143.9% during the first quarter. Private Trust Co. NA now owns 139 shares of the company’s stock worth $25,000 after purchasing an additional 82 shares during the period. AlphaCore Capital LLC bought a new stake in Toyota Motor during the first quarter worth approximately $37,000. Wayfinding Financial LLC bought a new stake in Toyota Motor during the first quarter worth approximately $41,000. ORG Wealth Partners LLC bought a new stake in Toyota Motor during the first quarter worth approximately $47,000. Finally, Headlands Technologies LLC bought a new stake in Toyota Motor during the first quarter worth approximately $47,000. Institutional investors own 1.48% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on TM shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, October 8th. Sanford C. Bernstein raised Toyota Motor from a “market perform” rating to an “outperform” rating in a research report on Monday, August 18th. Finally, Zacks Research upgraded Toyota Motor from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 26th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Toyota Motor Stock Performance

Shares of NYSE:TM opened at $188.22 on Tuesday. The business’s fifty day moving average price is $195.44 and its two-hundred day moving average price is $184.85. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $202.87. The stock has a market capitalization of $253.61 billion, a price-to-earnings ratio of 9.08 and a beta of 0.62. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.11.

Toyota Motor (NYSE:TM) last announced its quarterly earnings results on Thursday, August 7th. The company reported $4.47 earnings per share for the quarter, missing analysts’ consensus estimates 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. As a group, analysts predict that Toyota Motor Corporation will post 19.76 EPS 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.