Martin Investment Management LLC Has $20 Million Stake in Toyota Motor Corporation $TM

Martin Investment Management LLC trimmed its stake in shares of Toyota Motor Corporation (NYSE:TM) by 6.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 116,084 shares of the company’s stock after selling 7,720 shares during the period. Toyota Motor accounts for 5.1% of Martin Investment Management LLC’s portfolio, making the stock its 7th largest holding. Martin Investment Management LLC’s holdings in Toyota Motor were worth $19,997,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. DeDora Capital Inc. bought a new stake in Toyota Motor during the first quarter worth approximately $349,000. Bank of New York Mellon Corp boosted its holdings in shares of Toyota Motor by 10.8% in the 1st quarter. Bank of New York Mellon Corp now owns 53,998 shares of the company’s stock worth $9,532,000 after purchasing an additional 5,262 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Toyota Motor by 14.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 82,324 shares of the company’s stock valued at $14,533,000 after purchasing an additional 10,433 shares during the last quarter. Bearing Point Capital LLC raised its holdings in Toyota Motor by 11.5% during the 1st quarter. Bearing Point Capital LLC now owns 18,797 shares of the company’s stock valued at $3,318,000 after buying an additional 1,933 shares during the period. Finally, Northern Trust Corp lifted its position in Toyota Motor by 3.6% in the first quarter. Northern Trust Corp now owns 996,111 shares of the company’s stock worth $175,843,000 after buying an additional 34,708 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Analyst Upgrades and Downgrades

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

Toyota Motor Stock Performance

Shares of TM stock opened at $202.02 on Friday. The firm has a market cap of $272.20 billion, a price-to-earnings ratio of 9.74 and a beta of 0.63. Toyota Motor Corporation has a 52-week low of $155.00 and a 52-week high of $211.24. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.62. The company’s 50 day moving average is $198.84 and its 200 day moving average is $189.06.

Toyota Motor (NYSE:TM) last announced its earnings results on Wednesday, November 5th. The company reported $4.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.36 by $1.49. Toyota Motor had a return on equity of 11.63% and a net margin of 8.77%.The business had revenue of $80.69 billion for the quarter, compared to analysts’ expectations of $79.06 billion. Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. On average, sell-side analysts anticipate 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.