Kestra Private Wealth Services LLC grew its position in Toyota Motor Corporation (NYSE:TM – Free Report) by 178.6% during the third quarter, HoldingsChannel.com reports. The fund owned 4,326 shares of the company’s stock after acquiring an additional 2,773 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Toyota Motor were worth $792,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of the company. Wedbush Securities Inc. boosted its position in shares of Toyota Motor by 3.0% during the 2nd quarter. Wedbush Securities Inc. now owns 1,878 shares of the company’s stock valued at $316,000 after acquiring an additional 54 shares during the last quarter. 55 North Private Wealth LLC increased its position in Toyota Motor by 4.5% in the second quarter. 55 North Private Wealth LLC now owns 1,356 shares of the company’s stock worth $228,000 after purchasing an additional 58 shares during the last quarter. Community Bank & Trust Waco Texas increased its position in Toyota Motor by 0.9% in the second quarter. Community Bank & Trust Waco Texas now owns 6,841 shares of the company’s stock worth $1,152,000 after purchasing an additional 58 shares during the last quarter. SteelPeak Wealth LLC raised its stake in Toyota Motor by 4.6% during the third quarter. SteelPeak Wealth LLC now owns 1,363 shares of the company’s stock valued at $250,000 after purchasing an additional 60 shares in the last quarter. Finally, Bell Investment Advisors Inc lifted its position in Toyota Motor by 56.1% during the third quarter. Bell Investment Advisors Inc now owns 167 shares of the company’s stock valued at $31,000 after purchasing an additional 60 shares during the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.
Toyota Motor News Roundup
Here are the key news stories impacting Toyota Motor this week:
- Positive Sentiment: Toyota reported quarterly EPS of $4.10, above the $3.37 consensus, and revenue of $87.97 billion, exceeding estimates. First-half operating profit rose 34%, supported by a weaker yen and cost reductions, helping prompt a higher fiscal 2027 profit forecast. Reuters article
- Positive Sentiment: Stronger hybrid sales and expanded shareholder returns also supported investor enthusiasm after the results. Zacks article
- Neutral Sentiment: Toyota announced that Ted Ogawa will return to Japan as a senior fellow, with Mark Templin set to become president and CEO of Toyota Motor North America on January 1, 2027. The planned succession provides continuity, but its financial effect is unclear. Toyota Motor North America announcement
- Negative Sentiment: Toyota trimmed its annual sales-revenue forecast even as it raised profit guidance. The divergence signals that stronger margins and cost control—not higher expected sales—are driving the improved profit outlook. RTTNews article
Wall Street Analyst Weigh In
A number of brokerages have commented on TM. Weiss Ratings raised shares of Toyota Motor from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Zacks Research upgraded shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 29th. Finally, Erste Group Bank raised shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Friday, September 18th. Four investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $290.00.
Check Out Our Latest Analysis on TM
Toyota Motor Trading Down 1.1%
Shares of NYSE TM traded down $2.41 during trading hours on Friday, hitting $215.70. 484,832 shares of the company traded hands, compared to its average volume of 297,750. The stock has a market capitalization of $281.13 billion, a price-to-earnings ratio of 9.84, a price-to-earnings-growth ratio of 1.24 and a beta of 0.62. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 0.68. The company’s 50 day moving average price is $193.24 and its 200 day moving average price is $198.59. Toyota Motor Corporation has a 12 month low of $166.10 and a 12 month high of $248.90.
Toyota Motor (NYSE:TM – Get Free Report) last issued its quarterly earnings results on Wednesday, November 4th. The company reported $4.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.37 by $0.73. The company had revenue of $87.97 billion during the quarter, compared to the consensus estimate of $84.74 billion. Toyota Motor had a return on equity of 11.21% and a net margin of 8.61%. On average, equities research analysts anticipate that Toyota Motor Corporation will post 21.17 earnings per share for the current fiscal year.
About Toyota Motor
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