Nuveen LLC Makes New Investment in Toyota Motor Corporation $TM

Key Points

• Nuveen LLC has acquired a new stake in Toyota Motor Corporation, purchasing 23,659 shares valued at approximately $4.2 million during the first quarter.
• Despite the positive revenue report of $83.13 billion, Toyota Motor's earnings per share of $4.47 fell short of the analysts' expectations of $4.67.
• Toyota Motor currently has an average analyst rating of "Hold," with mixed ratings from recent reports; one downgrade to "strong sell" and an upgrade to "outperform."

Nuveen LLC acquired a new stake in shares of Toyota Motor Corporation (NYSE:TM - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 23,659 shares of the company's stock, valued at approximately $4,177,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. True North Advisors LLC raised its position in shares of Toyota Motor by 5.8% during the 1st quarter. True North Advisors LLC now owns 5,197 shares of the company's stock valued at $917,000 after buying an additional 283 shares in the last quarter. Koss Olinger Consulting LLC bought a new position in shares of Toyota Motor during the 1st quarter valued at $1,935,000. Townsquare Capital LLC grew its holdings in shares of Toyota Motor by 8.9% during the 1st quarter. Townsquare Capital LLC now owns 3,338 shares of the company's stock valued at $589,000 after purchasing an additional 272 shares during the last quarter. National Bank of Canada FI grew its holdings in shares of Toyota Motor by 5.2% during the 1st quarter. National Bank of Canada FI now owns 23,518 shares of the company's stock valued at $4,156,000 after purchasing an additional 1,170 shares during the last quarter. Finally, AlphaCore Capital LLC bought a new position in shares of Toyota Motor during the 1st quarter valued at $37,000. Hedge funds and other institutional investors own 1.48% of the company's stock.

Toyota Motor Trading Down 0.6%

NYSE:TM opened at $197.16 on Wednesday. Toyota Motor Corporation has a one year low of $155.00 and a one year high of $201.80. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.11. The company's 50-day simple moving average is $180.88 and its 200 day simple moving average is $182.19. The firm has a market capitalization of $265.65 billion, a P/E ratio of 9.51 and a beta of 0.64.

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). The firm had revenue of $83.13 billion during 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. As a group, analysts forecast that Toyota Motor Corporation will post 19.76 EPS for the current fiscal year.

Analyst Ratings Changes

TM has been the topic of several recent research reports. DZ Bank lowered shares of Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a report on Friday, May 9th. Sanford C. Bernstein raised shares of Toyota Motor from a "market perform" rating to an "outperform" rating in a report on Monday, August 18th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Toyota Motor presently has an average rating of "Hold".

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.

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