Toyota Motor Corporation $TM Holdings Raised by Clark Capital Management Group Inc.

Key Points

• Clark Capital Management Group Inc. increased its stake in Toyota Motor Corporation by 61.9% in Q1, bringing its total holdings to 224,583 shares valued at approximately $39.6 million.
• Several institutional investors have also increased their positions in Toyota, with Private Trust Co. NA boosting its holdings by 143.9%, now owning 139 shares valued at $25,000.
• Toyota reported Q2 earnings of $4.47 per share, missing analysts' estimates, while revenue was approximately $83.1 billion, exceeding expectations.

Clark Capital Management Group Inc. grew its position in Toyota Motor Corporation (NYSE:TM - Free Report) by 61.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,583 shares of the company's stock after purchasing an additional 85,835 shares during the period. Clark Capital Management Group Inc.'s holdings in Toyota Motor were worth $39,646,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Private Trust Co. NA raised its holdings in shares of Toyota Motor by 143.9% during the 1st quarter. Private Trust Co. NA now owns 139 shares of the company's stock valued at $25,000 after buying an additional 82 shares during the period. Wood Tarver Financial Group LLC purchased a new stake in shares of Toyota Motor during the 4th quarter valued at about $29,000. AlphaCore Capital LLC purchased a new stake in shares of Toyota Motor during the 1st quarter valued at about $37,000. Wayfinding Financial LLC purchased a new stake in shares of Toyota Motor during the 1st quarter valued at about $41,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of Toyota Motor during the 1st quarter valued at about $47,000. 1.48% of the stock is owned by institutional investors and hedge funds.

Toyota Motor Stock Down 0.9%

TM stock traded down $1.86 during midday trading on Tuesday, hitting $200.93. 330,399 shares of the company's stock were exchanged, compared to its average volume of 407,818. 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 Corporation has a 12-month low of $155.00 and a 12-month high of $202.85. The firm has a 50 day moving average price of $185.20 and a 200-day moving average price of $183.06. The stock has a market capitalization of $270.74 billion, a price-to-earnings ratio of 9.69 and a beta of 0.61.

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

Analysts Set New Price Targets

Several brokerages recently commented on TM. Sanford C. Bernstein upgraded Toyota Motor from a "market perform" rating to an "outperform" rating in a report on Monday, August 18th. Zacks Research upgraded Toyota Motor from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 26th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus 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.