Frank Rimerman Advisors LLC Buys 3,876 Shares of Toyota Motor Corporation $TM

Frank Rimerman Advisors LLC lifted its stake in Toyota Motor Corporation (NYSE:TM) by 251.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,415 shares of the company’s stock after purchasing an additional 3,876 shares during the period. Frank Rimerman Advisors LLC’s holdings in Toyota Motor were worth $933,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Dorsey & Whitney Trust CO LLC raised its stake in Toyota Motor by 0.9% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 6,636 shares of the company’s stock worth $1,171,000 after buying an additional 61 shares in the last quarter. Abundance Wealth Counselors grew its holdings in shares of Toyota Motor by 2.0% during the 2nd quarter. Abundance Wealth Counselors now owns 3,105 shares of the company’s stock worth $535,000 after acquiring an additional 62 shares during the period. Financial Management Professionals Inc. raised its position in shares of Toyota Motor by 20.3% in the 2nd quarter. Financial Management Professionals Inc. now owns 379 shares of the company’s stock worth $65,000 after acquiring an additional 64 shares in the last quarter. Kathmere Capital Management LLC lifted its stake in shares of Toyota Motor by 4.2% in the 2nd quarter. Kathmere Capital Management LLC now owns 1,641 shares of the company’s stock valued at $283,000 after purchasing an additional 66 shares during the period. Finally, Blue Trust Inc. boosted its position in shares of Toyota Motor by 1.4% during the second quarter. Blue Trust Inc. now owns 4,916 shares of the company’s stock valued at $847,000 after purchasing an additional 68 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on TM shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday, October 8th. Zacks Research lowered shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Sanford C. Bernstein raised shares of Toyota Motor from a “market perform” rating to an “outperform” rating in a research report on Monday, August 18th. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a report on Friday, October 31st. Finally, Wall Street Zen lowered shares of Toyota Motor from a “buy” rating to a “hold” rating in a report on Sunday. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Toyota Motor Stock Performance

Shares of TM stock opened at $195.93 on Wednesday. The company has a market capitalization of $264.00 billion, a price-to-earnings ratio of 9.45 and a beta of 0.63. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.11 and a current ratio of 1.27. Toyota Motor Corporation has a one year low of $155.00 and a one year high of $211.24. The company’s 50-day moving average is $199.61 and its 200 day moving average is $189.70.

Toyota Motor (NYSE:TM) last issued its earnings results on Wednesday, November 5th. The company reported $4.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.36 by $1.49. Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. The firm had revenue of $80.69 billion for the quarter, compared to the consensus estimate 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 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.