Ethic Inc. Decreases Stock Holdings in Toyota Motor Corporation $TM

Ethic Inc. reduced its stake in shares of Toyota Motor Corporation (NYSE:TM) by 16.5% in the second quarter, HoldingsChannel reports. The firm owned 17,800 shares of the company’s stock after selling 3,512 shares during the period. Ethic Inc.’s holdings in Toyota Motor were worth $3,128,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in TM. Private Trust Co. NA lifted its stake in shares of Toyota Motor by 143.9% during the 1st 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 last quarter. AlphaCore Capital LLC purchased a new stake in shares of Toyota Motor during the 1st quarter worth $37,000. Wayfinding Financial LLC acquired a new position in Toyota Motor during the 1st quarter valued at about $41,000. Headlands Technologies LLC acquired a new position in Toyota Motor during the 1st quarter valued at about $47,000. Finally, Caitong International Asset Management Co. Ltd increased its position in Toyota Motor by 56.3% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 272 shares of the company’s stock valued at $48,000 after buying an additional 98 shares in the last quarter. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Stock Up 0.7%

Shares of TM stock opened at $205.52 on Friday. The stock’s 50-day simple moving average is $197.35 and its 200-day simple moving average is $186.57. 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 firm has a market capitalization of $276.92 billion, a PE ratio of 9.91 and a beta of 0.62. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $205.80.

Toyota Motor (NYSE:TM) last announced its quarterly earnings data 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). The firm had revenue of $83.13 billion during the quarter, compared to analyst estimates of $81.73 billion. Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. Equities analysts expect that Toyota Motor Corporation will post 19.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Zacks Research raised Toyota Motor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 26th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a research report on Friday. Finally, Sanford C. Bernstein raised Toyota Motor from a “market perform” rating to an “outperform” rating in a research report on Monday, August 18th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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.