Forum Financial Management LP Reduces Stock Position in Toyota Motor Corporation $TM

Forum Financial Management LP decreased its position in Toyota Motor Corporation (NYSE:TM - Free Report) by 9.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,447 shares of the company's stock after selling 2,030 shares during the quarter. Forum Financial Management LP's holdings in Toyota Motor were worth $3,522,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in TM. Brighton Jones LLC grew its position in shares of Toyota Motor by 21.8% in the 4th quarter. Brighton Jones LLC now owns 2,658 shares of the company's stock worth $517,000 after acquiring an additional 476 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Toyota Motor by 30.0% in the 1st quarter. GAMMA Investing LLC now owns 2,783 shares of the company's stock worth $491,000 after acquiring an additional 642 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Toyota Motor by 7.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,849 shares of the company's stock worth $1,033,000 after acquiring an additional 411 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of Toyota Motor by 6.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 7,424 shares of the company's stock worth $1,311,000 after acquiring an additional 417 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of Toyota Motor by 0.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 11,409 shares of the company's stock worth $2,014,000 after acquiring an additional 56 shares in the last quarter. Institutional investors and hedge funds own 1.48% of the company's stock.

Analyst Upgrades and Downgrades

TM has been the subject of a number of analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of Toyota Motor in a research report on Wednesday, October 8th. Zacks Research upgraded Toyota Motor from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 26th. Finally, Sanford C. Bernstein upgraded 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 issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Toyota Motor currently has a consensus rating of "Hold".

Toyota Motor Stock Up 0.9%

TM opened at $203.73 on Thursday. Toyota Motor Corporation has a one year low of $155.00 and a one year high of $205.00. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.11 and a current ratio of 1.27. The stock's fifty day moving average is $196.88 and its 200-day moving average is $185.95. The company has a market capitalization of $274.51 billion, a PE ratio of 9.82 and a beta of 0.62.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $4.47 EPS for the quarter, missing analysts' consensus estimates of $4.67 by ($0.20). Toyota Motor had a return on equity of 11.63% and a net margin of 8.77%.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, equities analysts predict that Toyota Motor Corporation will post 19.76 EPS for the current fiscal year.

Toyota Motor Company 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.

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.