1,417 Shares in Toyota Motor Corporation $TM Purchased by Ascent Group LLC

Key Points

• Ascent Group LLC purchased 1,417 shares of Toyota Motor Corporation, valued at approximately $250,000, in the first quarter of the year.
• Regarding institutional investments, Goldman Sachs Group Inc. increased its stake in Toyota by 7.8%, now owning over 1.1 million shares valued at about $198 million.
• Toyota reported a miss on earnings per share in its latest quarter, with actual earnings of $4.47 versus the analysts’ estimate of $4.67, while revenue exceeded expectations at $83.13 billion.

Ascent Group LLC bought a new stake in Toyota Motor Corporation (NYSE:TM - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,417 shares of the company's stock, valued at approximately $250,000.

Other hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC lifted its stake in Toyota Motor by 27.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 8,163 shares of the company's stock valued at $1,424,000 after buying an additional 1,778 shares during the last quarter. DeDora Capital Inc. bought a new stake in shares of Toyota Motor during the first quarter valued at about $349,000. Bank of New York Mellon Corp raised its stake in shares of Toyota Motor by 10.8% during the first quarter. Bank of New York Mellon Corp now owns 53,998 shares of the company's stock valued at $9,532,000 after purchasing an additional 5,262 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Toyota Motor by 14.5% during the first 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 in the last quarter. Finally, Sowell Financial Services LLC bought a new stake in shares of Toyota Motor during the first quarter valued at about $373,000. 1.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on TM shares. Sanford C. Bernstein upgraded shares of Toyota Motor from a "market perform" rating to an "outperform" rating in a research note on Monday, August 18th. Zacks Research upgraded shares of Toyota Motor from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 26th. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold".

Toyota Motor Price Performance

NYSE:TM traded up $0.93 during mid-day trading on Monday, reaching $197.06. 275,729 shares of the stock were exchanged, compared to its average volume of 404,035. The business has a fifty day moving average price of $187.18 and a 200 day moving average price of $183.57. The firm has a market capitalization of $265.52 billion, a PE ratio of 9.50 and a beta of 0.61. Toyota Motor Corporation has a 1-year low of $155.00 and a 1-year high of $202.85. 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 - Get Free Report) last released its 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 firm had revenue of $83.13 billion for the quarter, compared to analyst estimates 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. Research analysts expect 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.