Toyota Motor Corporation $TM Shares Purchased by Assetmark Inc.

Assetmark Inc. boosted its holdings in Toyota Motor Corporation (NYSE:TM) by 7.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,060 shares of the company’s stock after acquiring an additional 800 shares during the period. Assetmark Inc.’s holdings in Toyota Motor were worth $2,077,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Dorsey & Whitney Trust CO LLC raised its position in 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 raised its position in 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. raised its position in 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. Kathmere Capital Management LLC raised its position in 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. Finally, Blue Trust Inc. raised its position in Toyota Motor by 1.4% in the second quarter. Blue Trust Inc. now owns 4,916 shares of the company’s stock valued at $847,000 after purchasing an additional 68 shares during the period. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Toyota Motor Trading Down 0.8%

Shares of NYSE:TM opened at $204.11 on Wednesday. Toyota Motor Corporation has a 52 week low of $155.00 and a 52 week high of $211.24. The company’s 50 day moving average is $198.54 and its two-hundred day moving average is $188.62. The company has a market cap of $275.02 billion, a PE ratio of 9.84 and a beta of 0.62. 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 (NYSE:TM) last released its quarterly earnings data on Thursday, August 7th. The company reported $4.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.67 by ($0.20). The firm 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. Equities analysts predict that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.