American Century Companies Inc. Raises Stake in Honda Motor Co., Ltd. $HMC

American Century Companies Inc. raised its holdings in Honda Motor Co., Ltd. (NYSE:HMC) by 18.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 705,318 shares of the company’s stock after purchasing an additional 110,421 shares during the quarter. American Century Companies Inc.’s holdings in Honda Motor were worth $21,724,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. WealthCollab LLC increased its position in Honda Motor by 66.2% in the 2nd quarter. WealthCollab LLC now owns 916 shares of the company’s stock valued at $26,000 after acquiring an additional 365 shares during the period. Newbridge Financial Services Group Inc. purchased a new stake in shares of Honda Motor during the second quarter worth approximately $29,000. Root Financial Partners LLC acquired a new stake in shares of Honda Motor during the third quarter worth $46,000. New Millennium Group LLC purchased a new position in Honda Motor in the 3rd quarter valued at $54,000. Finally, Geneos Wealth Management Inc. grew its position in Honda Motor by 121.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,119 shares of the company’s stock valued at $57,000 after buying an additional 1,161 shares during the last quarter. 5.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. BNP Paribas Exane started coverage on shares of Honda Motor in a research note on Thursday, February 12th. They issued an “underperform” rating and a $25.00 target price for the company. Weiss Ratings restated a “hold (c)” rating on shares of Honda Motor in a research report on Monday, December 29th. Finally, Nomura raised Honda Motor to a “strong-buy” rating in a report on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $25.00.

Honda Motor Price Performance

Shares of NYSE HMC opened at $27.87 on Tuesday. The company has a current ratio of 1.36, a quick ratio of 1.09 and a debt-to-equity ratio of 0.65. The company’s 50-day moving average price is $30.31 and its 200 day moving average price is $31.01. Honda Motor Co., Ltd. has a 52 week low of $24.56 and a 52 week high of $34.89. The stock has a market cap of $43.50 billion, a price-to-earnings ratio of 11.10, a PEG ratio of 1.50 and a beta of 0.37.

Honda Motor (NYSE:HMC) last announced its earnings results on Tuesday, February 10th. The company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.52 by $0.24. Honda Motor had a net margin of 2.34% and a return on equity of 4.01%. The company had revenue of $34.65 billion during the quarter, compared to analysts’ expectations of $33.34 billion. Honda Motor has set its FY 2026 guidance at 1.462-1.462 EPS. As a group, research analysts forecast that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal 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.