Honda Motor Co., Ltd. $HMC Shares Acquired by Assetmark Inc.

Assetmark Inc. lifted its position in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 10.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 262,389 shares of the company’s stock after buying an additional 25,849 shares during the quarter. Assetmark Inc.’s holdings in Honda Motor were worth $6,379,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in HMC. JPMorgan Chase & Co. grew its holdings in Honda Motor by 189.4% in the third quarter. JPMorgan Chase & Co. now owns 344,038 shares of the company’s stock valued at $10,596,000 after purchasing an additional 225,140 shares during the period. UBS Group AG raised its position in Honda Motor by 126.0% in the fourth quarter. UBS Group AG now owns 397,086 shares of the company’s stock valued at $11,706,000 after purchasing an additional 221,392 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of Honda Motor during the 2nd quarter valued at about $261,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Honda Motor during the first quarter valued at approximately $2,029,000. Finally, Brandes Investment Partners LP lifted its holdings in Honda Motor by 6.4% in the 4th quarter. Brandes Investment Partners LP now owns 953,081 shares of the company’s stock worth $28,097,000 after buying an additional 57,039 shares in the last quarter. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Honda Motor Stock Up 1.3%

Shares of HMC stock opened at $28.53 on Wednesday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.03 and a current ratio of 1.28. The business’s fifty day moving average is $26.94 and its 200-day moving average is $27.38. Honda Motor Co., Ltd. has a 1 year low of $23.25 and a 1 year high of $34.89. The stock has a market cap of $44.54 billion, a PE ratio of -14.94, a price-to-earnings-growth ratio of 4.87 and a beta of 0.43.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($4.24) earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $36.81 billion during the quarter, compared to analyst estimates of $32.99 billion. Honda Motor has set its FY 2027 guidance at 1.278-1.278 EPS. Equities analysts expect that Honda Motor Co., Ltd. will post 0.92 earnings per share for the current fiscal year.

Analyst Ratings Changes

HMC has been the topic of a number of recent analyst reports. Zacks Research raised Honda Motor from a “strong sell” rating to a “hold” rating in a research report on Friday, June 19th. Weiss Ratings downgraded Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, June 3rd. Finally, Wall Street Zen upgraded shares of Honda Motor from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $25.00.

Honda Motor 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.