Toyota Motor (NYSE:TM) Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of Toyota Motor (NYSE:TM) from a buy rating to a hold rating in a research report released on Sunday.

A number of other research firms also recently issued reports on TM. Zacks Research downgraded Toyota Motor from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday, October 8th. Sanford C. Bernstein upgraded shares of Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Finally, Erste Group Bank raised shares of Toyota Motor from a “hold” rating to a “buy” rating in a research report on Friday, October 31st. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Toyota Motor Trading Down 1.5%

TM opened at $195.93 on Friday. The stock has a market capitalization of $264.00 billion, a P/E ratio of 9.45 and a beta of 0.63. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.62. Toyota Motor has a 12 month low of $155.00 and a 12 month high of $211.24. The firm’s fifty day simple moving average is $199.61 and its 200 day simple moving average is $189.70.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, November 5th. The company reported $4.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.36 by $1.49. The firm had revenue of $80.69 billion during the quarter, compared to analysts’ expectations of $79.06 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 15.249-15.249 EPS. As a group, research analysts anticipate that Toyota Motor will post 19.76 EPS for the current fiscal year.

Hedge Funds Weigh In On Toyota Motor

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Toyota Motor by 204.7% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 257,269 shares of the company’s stock worth $49,162,000 after buying an additional 172,829 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in shares of Toyota Motor by 717.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 145,990 shares of the company’s stock valued at $25,148,000 after acquiring an additional 128,128 shares during the period. Fisher Asset Management LLC increased its stake in shares of Toyota Motor by 1.7% during the 2nd quarter. Fisher Asset Management LLC now owns 6,827,634 shares of the company’s stock worth $1,176,128,000 after purchasing an additional 112,905 shares during the last quarter. Clark Capital Management Group Inc. raised its holdings in shares of Toyota Motor by 46.2% in the 3rd quarter. Clark Capital Management Group Inc. now owns 330,433 shares of the company’s stock valued at $63,142,000 after purchasing an additional 104,471 shares during the period. Finally, Franklin Resources Inc. lifted its stake in Toyota Motor by 1,509.1% in the 3rd quarter. Franklin Resources Inc. now owns 100,554 shares of the company’s stock valued at $19,215,000 after purchasing an additional 94,305 shares during the last quarter. 1.48% of the stock is owned by institutional investors.

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.