FNY Investment Advisers LLC Sells 8,264 Shares of Toyota Motor Corporation $TM

Key Points

• FNY Investment Advisers LLC drastically cut its stake in Toyota Motor Corporation by 91.8%, selling 8,264 shares and retaining only 736 shares worth about $126,000.
• Several hedge funds, including Clark Capital Management and Goldman Sachs, increased their positions in Toyota Motor, indicating mixed investment sentiment among institutional investors.
• Analysts have varied opinions on Toyota's stock, with two giving a Buy rating, three a Hold rating, and one a Sell rating, resulting in an average rating of "Hold".

FNY Investment Advisers LLC reduced its stake in Toyota Motor Corporation (NYSE:TM - Free Report) by 91.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 736 shares of the company's stock after selling 8,264 shares during the period. FNY Investment Advisers LLC's holdings in Toyota Motor were worth $126,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in TM. Clark Capital Management Group Inc. grew its stake in Toyota Motor by 61.9% in the 1st quarter. Clark Capital Management Group Inc. now owns 224,583 shares of the company's stock worth $39,646,000 after acquiring an additional 85,835 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Toyota Motor by 7.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,124,364 shares of the company's stock worth $198,484,000 after acquiring an additional 81,139 shares in the last quarter. Northern Trust Corp lifted its position in shares of Toyota Motor by 3.6% in the 1st quarter. Northern Trust Corp now owns 996,111 shares of the company's stock worth $175,843,000 after purchasing an additional 34,708 shares during the period. Natixis Advisors LLC lifted its position in shares of Toyota Motor by 8.5% in the 1st quarter. Natixis Advisors LLC now owns 426,238 shares of the company's stock worth $75,244,000 after purchasing an additional 33,236 shares during the period. Finally, Vantage Investment Partners LLC lifted its position in shares of Toyota Motor by 53.2% in the 2nd quarter. Vantage Investment Partners LLC now owns 85,781 shares of the company's stock worth $14,777,000 after purchasing an additional 29,802 shares during the period. 1.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on TM shares. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Toyota Motor in a research report on Wednesday, October 8th. Zacks Research raised shares of Toyota Motor from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 26th. Finally, Sanford C. Bernstein raised shares of Toyota Motor from a "market perform" rating to an "outperform" rating in a research report on Monday, August 18th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Toyota Motor currently has an average rating of "Hold".

Toyota Motor Trading Up 0.9%

NYSE TM opened at $203.73 on Thursday. The company has a fifty day simple moving average of $196.88 and a two-hundred day simple moving average of $185.95. The stock has a market cap of $274.51 billion, a P/E ratio of 9.82 and a beta of 0.62. Toyota Motor Corporation has a 12-month low of $155.00 and a 12-month high of $205.00. 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 issued its earnings results 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). Toyota Motor had a return on equity of 11.63% and a net margin of 8.77%.The business had revenue of $83.13 billion for the quarter, compared to analysts' expectations of $81.73 billion. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. On average, analysts forecast that Toyota Motor Corporation will post 19.76 earnings per share for the current 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.

Want to see what other hedge funds are holding TM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Toyota Motor Corporation (NYSE:TM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.