Frank Rimerman Advisors LLC Lowers Holdings in Toyota Motor Corporation $TM

Frank Rimerman Advisors LLC trimmed its stake in shares of Toyota Motor Corporation (NYSE:TM) by 44.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,034 shares of the company’s stock after selling 2,381 shares during the period. Frank Rimerman Advisors LLC’s holdings in Toyota Motor were worth $580,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of TM. Root Financial Partners LLC acquired a new stake in shares of Toyota Motor during the 3rd quarter worth approximately $26,000. NewSquare Capital LLC grew its position in Toyota Motor by 65.7% during the second quarter. NewSquare Capital LLC now owns 227 shares of the company’s stock valued at $39,000 after buying an additional 90 shares during the period. Bangor Savings Bank increased its holdings in Toyota Motor by 27.8% in the third quarter. Bangor Savings Bank now owns 267 shares of the company’s stock valued at $51,000 after buying an additional 58 shares in the last quarter. Richardson Financial Services Inc. raised its position in shares of Toyota Motor by 134.4% in the third quarter. Richardson Financial Services Inc. now owns 286 shares of the company’s stock worth $55,000 after acquiring an additional 164 shares during the period. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Toyota Motor during the 2nd quarter worth about $53,000. 1.48% of the stock is owned by institutional investors and hedge funds.

Toyota Motor Stock Down 0.1%

Shares of TM opened at $226.83 on Friday. The stock has a 50 day moving average price of $214.41 and a 200 day moving average price of $201.84. Toyota Motor Corporation has a one year low of $155.00 and a one year high of $235.64. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.10 and a current ratio of 1.25. The stock has a market capitalization of $305.64 billion, a price-to-earnings ratio of 10.00 and a beta of 0.64.

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

Wall Street Analysts Forecast Growth

TM has been the subject of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday, January 21st. Erste Group Bank upgraded Toyota Motor from a “hold” rating to a “buy” rating in a research report on Friday, October 31st. Wall Street Zen downgraded Toyota Motor from a “buy” rating to a “hold” rating in a research note on Sunday, November 16th. Finally, Zacks Research cut shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 22nd. 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.com, the company currently has a consensus rating of “Hold”.

Toyota Motor Profile

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.