3,776 Shares in Toyota Motor Corporation $TM Bought by Montecito Bank & Trust

Montecito Bank & Trust bought a new stake in Toyota Motor Corporation (NYSE:TM) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,776 shares of the company’s stock, valued at approximately $722,000.

Several other hedge funds and other institutional investors also recently modified their holdings of TM. Charles Schwab Investment Management Inc. increased its stake in shares of Toyota Motor by 14.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 82,324 shares of the company’s stock valued at $14,533,000 after purchasing an additional 10,433 shares during the period. Northern Trust Corp grew its holdings in 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 buying an additional 34,708 shares in the last quarter. Quadrant Capital Group LLC increased its position in Toyota Motor by 4.6% in the 2nd quarter. Quadrant Capital Group LLC now owns 31,640 shares of the company’s stock valued at $5,450,000 after acquiring an additional 1,391 shares during the period. Rockefeller Capital Management L.P. raised its stake in Toyota Motor by 21.4% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 17,062 shares of the company’s stock valued at $2,939,000 after acquiring an additional 3,012 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its position in Toyota Motor by 59.9% during the 1st quarter. Russell Investments Group Ltd. now owns 9,133 shares of the company’s stock worth $1,612,000 after acquiring an additional 3,423 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a research note on Friday, October 31st. Wall Street Zen downgraded shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Sunday, November 16th. Zacks Research cut shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Toyota Motor Price Performance

Shares of NYSE TM opened at $216.21 on Friday. Toyota Motor Corporation has a twelve month low of $155.00 and a twelve month high of $217.50. The company has a current ratio of 1.25, a quick ratio of 1.10 and a debt-to-equity ratio of 0.61. The firm has a 50-day moving average of $201.70 and a two-hundred day moving average of $191.95. The company has a market capitalization of $291.33 billion, a price-to-earnings ratio of 9.53 and a beta of 0.67.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, November 5th. The company reported $4.85 EPS for the quarter, topping analysts’ consensus estimates of $3.36 by $1.49. The business had revenue of $81.22 billion for the quarter, compared to the consensus estimate of $79.06 billion. Toyota Motor had a net margin of 9.33% and a return on equity of 12.32%. Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. As a group, analysts expect that Toyota Motor Corporation will post 19.76 earnings per share 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.