Bank of Stockton Has $624,000 Stake in Toyota Motor Corporation $TM

Bank of Stockton raised its holdings in Toyota Motor Corporation (NYSE:TM) by 20.4% in the second quarter, Holdings Channel reports. The fund owned 3,624 shares of the company’s stock after acquiring an additional 615 shares during the period. Bank of Stockton’s holdings in Toyota Motor were worth $624,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TM. Cardinal Capital Management boosted its position in shares of Toyota Motor by 2.7% during the second quarter. Cardinal Capital Management now owns 23,755 shares of the company’s stock worth $4,092,000 after buying an additional 620 shares during the period. U.S. Capital Wealth Advisors LLC boosted its position in shares of Toyota Motor by 16.0% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 1,492 shares of the company’s stock worth $257,000 after buying an additional 206 shares during the period. Mitchell & Pahl Private Wealth LLC boosted its position in shares of Toyota Motor by 3.4% during the second quarter. Mitchell & Pahl Private Wealth LLC now owns 5,867 shares of the company’s stock worth $1,011,000 after buying an additional 193 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Toyota Motor by 63.0% during the second quarter. Farther Finance Advisors LLC now owns 1,806 shares of the company’s stock worth $311,000 after buying an additional 698 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Toyota Motor by 7.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,310 shares of the company’s stock worth $1,104,000 after buying an additional 461 shares during the period. 1.48% of the stock is owned by institutional investors and hedge funds.

Toyota Motor Stock Performance

Shares of NYSE TM opened at $200.60 on Tuesday. The stock has a 50 day moving average price of $190.71 and a 200 day moving average price of $184.14. Toyota Motor Corporation has a 52 week low of $155.00 and a 52 week high of $202.87. 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 stock has a market capitalization of $270.29 billion, a PE ratio of 9.67 and a beta of 0.61.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Thursday, August 7th. The company reported $4.47 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $81.73 billion. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. Analysts predict that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Sanford C. Bernstein raised Toyota Motor from a “market perform” rating to an “outperform” rating in a research report on Monday, August 18th. Zacks Research raised Toyota Motor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 26th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

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.