Janney Montgomery Scott LLC Cuts Position in Toyota Motor Corporation $TM

Janney Montgomery Scott LLC lessened its holdings in Toyota Motor Corporation (NYSE:TM) by 1.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 7,327 shares of the company’s stock after selling 97 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Toyota Motor were worth $1,262,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Private Trust Co. NA increased its stake in shares of Toyota Motor by 143.9% in the 1st quarter. Private Trust Co. NA now owns 139 shares of the company’s stock valued at $25,000 after purchasing an additional 82 shares in the last quarter. AlphaCore Capital LLC purchased a new position in shares of Toyota Motor in the 1st quarter valued at about $37,000. Wayfinding Financial LLC purchased a new position in shares of Toyota Motor in the 1st quarter valued at about $41,000. Headlands Technologies LLC purchased a new stake in Toyota Motor during the 1st quarter worth approximately $47,000. Finally, ORG Wealth Partners LLC purchased a new stake in Toyota Motor during the 1st quarter worth approximately $47,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Sanford C. Bernstein upgraded Toyota Motor from a “market perform” rating to an “outperform” rating in a research note on Monday, August 18th. Zacks Research upgraded Toyota Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 26th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Toyota Motor presently has a consensus rating of “Hold”.

Toyota Motor Price Performance

TM stock opened at $185.21 on Monday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.11. The business has a 50 day simple moving average of $195.32 and a 200-day simple moving average of $184.78. The firm has a market capitalization of $249.55 billion, a PE ratio of 8.93 and a beta of 0.62. Toyota Motor Corporation has a 1 year low of $155.00 and a 1 year high of $202.87.

Toyota Motor (NYSE:TM) last posted its quarterly earnings results on Thursday, August 7th. The company reported $4.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.67 by ($0.20). The company had revenue of $83.13 billion during the quarter, compared to analysts’ expectations of $81.73 billion. Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. Equities research analysts anticipate that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

Toyota Motor 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.