QRG Capital Management Inc. Cuts Stock Position in Toyota Motor Corporation $TM

Key Points

• QRG Capital Management Inc. reduced its stake in Toyota Motor Corporation by 11.5% to hold 80,919 shares, valued at approximately $13.9 million.
• Toyota Motor's stock recently opened at $194.49 and has a market capitalization of $262.07 billion, with a 52-week range from $155.00 to $202.87.
• Analysts have varied ratings for Toyota, with two firms upgrading it to "Buy" and others maintaining a "Hold" rating, reflecting a consensus rating of "Hold."

QRG Capital Management Inc. lessened its stake in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 11.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,919 shares of the company's stock after selling 10,544 shares during the quarter. QRG Capital Management Inc.'s holdings in Toyota Motor were worth $13,939,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its position in Toyota Motor by 0.5% in the first 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. Dorsey & Whitney Trust CO LLC raised its position in Toyota Motor by 0.9% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 6,636 shares of the company's stock worth $1,171,000 after acquiring an additional 61 shares in the last quarter. Abundance Wealth Counselors raised its position in Toyota Motor by 2.0% in the second quarter. Abundance Wealth Counselors now owns 3,105 shares of the company's stock worth $535,000 after acquiring an additional 62 shares in the last quarter. Financial Management Professionals Inc. raised its position in Toyota Motor by 20.3% in the second quarter. Financial Management Professionals Inc. now owns 379 shares of the company's stock worth $65,000 after acquiring an additional 64 shares in the last quarter. Finally, Kathmere Capital Management LLC raised its position in Toyota Motor by 4.2% in the second quarter. Kathmere Capital Management LLC now owns 1,641 shares of the company's stock worth $283,000 after acquiring an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.

Toyota Motor Stock Up 2.1%

Toyota Motor stock opened at $194.49 on Friday. 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 firm has a market capitalization of $262.07 billion, a price-to-earnings ratio of 9.38 and a beta of 0.62. Toyota Motor Corporation has a fifty-two week low of $155.00 and a fifty-two week high of $202.87. The stock's fifty day moving average is $194.06 and its two-hundred day moving average is $184.66.

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). The company had revenue of $83.13 billion for the quarter, compared to analyst estimates of $81.73 billion. Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. Analysts predict that Toyota Motor Corporation will post 19.76 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on TM. Sanford C. Bernstein upgraded Toyota Motor from a "market perform" rating to an "outperform" rating in a research report on Monday, August 18th. Weiss Ratings reiterated a "hold (c)" rating on shares of Toyota Motor in a research report on Saturday, September 27th. Finally, Zacks Research upgraded Toyota Motor from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 26th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Toyota Motor has a consensus 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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