US Bancorp DE Sells 3,791 Shares of Toyota Motor Corporation $TM

Key Points

• US Bancorp DE decreased its stake in Toyota Motor Corporation by 8.9%, selling 3,791 shares and ending the second quarter with 38,921 shares valued at $6,704,000.
• Toyota reported $4.47 EPS for the last quarter, falling short of the expected $4.67, while posting revenues of $83.13 billion which exceeded analyst estimates.
• The current rating on Toyota Motor stock is an average of "Hold" from analysts, with recent upgrades indicating a slightly positive outlook.

US Bancorp DE reduced its position in shares of Toyota Motor Corporation (NYSE:TM - Free Report) by 8.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 38,921 shares of the company's stock after selling 3,791 shares during the period. US Bancorp DE's holdings in Toyota Motor were worth $6,704,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its holdings in 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 purchasing an additional 82 shares during the last quarter. AlphaCore Capital LLC acquired a new stake in Toyota Motor in the 1st quarter valued at about $37,000. Wayfinding Financial LLC acquired a new stake in Toyota Motor in the 1st quarter valued at about $41,000. Headlands Technologies LLC acquired a new stake in Toyota Motor in the 1st quarter valued at about $47,000. Finally, ORG Wealth Partners LLC acquired a new stake in Toyota Motor in the 1st quarter valued at about $47,000. 1.48% of the stock is owned by institutional investors.

Toyota Motor Stock Down 3.7%

Shares of NYSE:TM opened at $185.21 on Monday. Toyota Motor Corporation has a one year low of $155.00 and a one year high of $202.87. The company has a 50 day moving average of $195.32 and a 200-day moving average of $184.78. 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 stock has a market cap of $249.55 billion, a price-to-earnings ratio of 8.93 and a beta of 0.62.

Toyota Motor (NYSE:TM - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $4.47 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 analyst estimates of $81.73 billion. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. On average, sell-side analysts forecast that Toyota Motor Corporation will post 19.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TM has been the subject of several research reports. Weiss Ratings restated a "hold (c)" rating on shares of Toyota Motor in a research report on Wednesday, October 8th. Sanford C. Bernstein upgraded shares of Toyota Motor from a "market perform" rating to an "outperform" rating in a research report on Monday, August 18th. Finally, Zacks Research upgraded shares of Toyota Motor from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 26th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average 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.

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