Toyota Motor (NYSE:TM) Sets New 12-Month High – Here’s What Happened

Toyota Motor Corporation (NYSE:TM) hit a new 52-week high during trading on Friday . The stock traded as high as $221.24 and last traded at $220.36, with a volume of 48953 shares. The stock had previously closed at $214.73.

Wall Street Analyst Weigh In

Several brokerages have issued reports on TM. Wall Street Zen downgraded Toyota Motor from a “buy” rating to a “hold” rating in a report on Sunday, November 16th. Zacks Research lowered shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “buy” rating in a research note on Friday, October 31st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Toyota Motor Stock Up 2.4%

The stock has a fifty day moving average price of $206.48 and a two-hundred day moving average price of $195.54. The company has a market cap of $296.37 billion, a price-to-earnings ratio of 9.70 and a beta of 0.64. The company has a quick ratio of 1.10, a current ratio of 1.25 and a debt-to-equity ratio of 0.61.

Toyota Motor (NYSE:TM) last released its quarterly 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. Toyota Motor had a net margin of 9.33% and a return on equity of 12.32%. The business had revenue of $81.22 billion for the quarter, compared to analyst estimates of $79.06 billion. Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. As a group, sell-side analysts expect that Toyota Motor Corporation will post 19.76 EPS for the current year.

Hedge Funds Weigh In On Toyota Motor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Gradient Investments LLC increased its position in shares of Toyota Motor by 49.6% in the fourth quarter. Gradient Investments LLC now owns 8,812 shares of the company’s stock worth $1,886,000 after purchasing an additional 2,921 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Toyota Motor by 14.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,840 shares of the company’s stock worth $1,688,000 after acquiring an additional 997 shares during the period. Wedmont Private Capital boosted its position in shares of Toyota Motor by 6.0% during the 4th quarter. Wedmont Private Capital now owns 2,372 shares of the company’s stock worth $506,000 after acquiring an additional 134 shares in the last quarter. Sagespring Wealth Partners LLC boosted its position in shares of Toyota Motor by 6.7% during the 4th quarter. Sagespring Wealth Partners LLC now owns 3,365 shares of the company’s stock worth $720,000 after acquiring an additional 210 shares in the last quarter. Finally, Park Avenue Securities LLC increased its stake in Toyota Motor by 15.4% in the fourth quarter. Park Avenue Securities LLC now owns 21,956 shares of the company’s stock valued at $4,700,000 after acquiring an additional 2,933 shares during the last quarter. 1.48% of the stock is owned by institutional investors and hedge funds.

About Toyota Motor

Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.

The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.