Honda Motor Co., Ltd. $HMC Shares Purchased by Entropy Technologies LP

Entropy Technologies LP lifted its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC) by 363.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,907 shares of the company’s stock after purchasing an additional 46,193 shares during the period. Entropy Technologies LP’s holdings in Honda Motor were worth $1,432,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in HMC. Auto Owners Insurance Co increased its stake in shares of Honda Motor by 5,004.4% in the 4th quarter. Auto Owners Insurance Co now owns 8,583,102 shares of the company’s stock worth $25,303,000 after acquiring an additional 8,414,952 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Honda Motor by 34.8% during the 3rd quarter. Bank of America Corp DE now owns 4,200,280 shares of the company’s stock valued at $129,369,000 after acquiring an additional 1,083,245 shares during the last quarter. Donald Smith & CO. Inc. grew its holdings in shares of Honda Motor by 28.7% in the fourth quarter. Donald Smith & CO. Inc. now owns 2,648,828 shares of the company’s stock valued at $78,087,000 after purchasing an additional 590,128 shares during the period. Balyasny Asset Management L.P. purchased a new stake in shares of Honda Motor in the second quarter valued at about $12,987,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in Honda Motor by 1,421.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 416,848 shares of the company’s stock worth $12,289,000 after purchasing an additional 389,442 shares during the last quarter. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Honda Motor Price Performance

Honda Motor stock opened at $29.14 on Tuesday. The company’s 50 day simple moving average is $27.19 and its 200-day simple moving average is $27.34. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.03 and a current ratio of 1.28. Honda Motor Co., Ltd. has a 1 year low of $23.25 and a 1 year high of $34.89. The company has a market capitalization of $45.49 billion, a price-to-earnings ratio of -15.26, a price-to-earnings-growth ratio of 4.86 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, topping 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. As a group, equities research analysts expect that Honda Motor Co., Ltd. will post 0.92 earnings per share for the current year.

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.