Shares of Toyota Motor Corporation (NYSE:TM – Get Free Report) have earned a consensus recommendation of “Hold” from the six research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company.
Several equities analysts have 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, October 8th.
Check Out Our Latest Stock Analysis on Toyota Motor
Toyota Motor Stock Performance
Toyota Motor (NYSE:TM – Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $4.47 earnings per share for the quarter, missing the consensus estimate of $4.67 by ($0.20). The company had revenue of $83.13 billion for the quarter, compared to analysts’ expectations of $81.73 billion. Toyota Motor had a return on equity of 11.63% and a net margin of 8.77%. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. Sell-side analysts forecast that Toyota Motor will post 19.76 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Toyota Motor
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cambridge Investment Research Advisors Inc. grew its position in shares of Toyota Motor by 0.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 11,409 shares of the company’s stock valued at $2,014,000 after purchasing an additional 56 shares during the period. Dorsey & Whitney Trust CO LLC grew its position in shares of Toyota Motor by 0.9% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 6,636 shares of the company’s stock valued at $1,171,000 after purchasing an additional 61 shares during the period. Abundance Wealth Counselors grew its position in shares of Toyota Motor by 2.0% in the second quarter. Abundance Wealth Counselors now owns 3,105 shares of the company’s stock valued at $535,000 after purchasing an additional 62 shares during the period. Financial Management Professionals Inc. grew its position in shares of Toyota Motor by 20.3% in the second quarter. Financial Management Professionals Inc. now owns 379 shares of the company’s stock valued at $65,000 after purchasing an additional 64 shares during the period. Finally, Kathmere Capital Management LLC grew its position in shares of Toyota Motor by 4.2% in the second 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. Hedge funds and other institutional investors own 1.48% of the company’s stock.
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.
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