O Shaughnessy Asset Management LLC grew its holdings in Honda Motor Co., Ltd. (NYSE:HMC – Free Report) by 21.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 396,440 shares of the company’s stock after acquiring an additional 70,289 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Honda Motor were worth $11,687,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also modified their holdings of the company. WealthCollab LLC grew its stake in shares of Honda Motor by 66.2% in the second quarter. WealthCollab LLC now owns 916 shares of the company’s stock worth $26,000 after acquiring an additional 365 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Honda Motor in the third quarter worth $26,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Honda Motor in the second quarter worth $29,000. Lodestone Wealth Management LLC acquired a new position in shares of Honda Motor in the fourth quarter worth $32,000. Finally, Sound Income Strategies LLC acquired a new position in shares of Honda Motor in the fourth quarter worth $33,000. Institutional investors and hedge funds own 5.32% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the stock. BNP Paribas Exane assumed coverage on shares of Honda Motor in a research note on Thursday, February 12th. They issued an “underperform” rating and a $25.00 price target for the company. Wall Street Zen upgraded shares of Honda Motor from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Morgan Stanley downgraded shares of Honda Motor from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 11th. Zacks Research downgraded shares of Honda Motor from a “hold” rating to a “strong sell” rating in a research note on Monday, April 6th. Finally, Weiss Ratings downgraded shares of Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $25.00.
Honda Motor Stock Performance
Shares of HMC stock opened at $26.70 on Wednesday. The company has a current ratio of 1.28, a quick ratio of 1.03 and a debt-to-equity ratio of 0.70. The firm has a fifty day moving average price of $25.15 and a 200 day moving average price of $27.94. The company has a market cap of $41.67 billion, a P/E ratio of -13.98, a PEG ratio of 4.64 and a beta of 0.44. Honda Motor Co., Ltd. has a 12 month low of $23.25 and a 12 month high of $34.89.
Honda Motor (NYSE:HMC – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($4.24) earnings per share for the quarter, beating analysts’ consensus estimates of ($5.74) by $1.50. Honda Motor had a negative net margin of 1.75% and a negative return on equity of 3.07%. The firm had revenue of $36.81 billion during the quarter, compared to analysts’ expectations of $32.99 billion. Honda Motor has set its FY 2027 guidance at 1.278-1.278 EPS. Sell-side analysts predict that Honda Motor Co., Ltd. will post 0.93 earnings per share for the current fiscal year.
Honda Motor Company Profile
Honda Motor Co, Ltd. is a global manufacturer and mobility company headquartered in Minato, Tokyo, Japan, founded in 1948 by Soichiro Honda and Takeo Fujisawa. The company’s core businesses include the design, manufacture and sale of automobiles and motorcycles, along with a diverse portfolio of power products, engines and related components. Honda also operates in aviation through Honda Aircraft Company and offers financial services that support vehicle sales and leasing.
In automobiles, Honda is known for a range of passenger cars, crossovers and light trucks, and in motorcycles it is one of the world’s leading producers by volume and model breadth.
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