Envestnet Asset Management Inc. Acquires 113,347 Shares of Honda Motor Co., Ltd. $HMC

Envestnet Asset Management Inc. grew its position in Honda Motor Co., Ltd. (NYSE:HMC) by 28.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 512,054 shares of the company’s stock after purchasing an additional 113,347 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Honda Motor were worth $15,771,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Hantz Financial Services Inc. grew its stake in shares of Honda Motor by 12.3% in the 3rd quarter. Hantz Financial Services Inc. now owns 70,605 shares of the company’s stock valued at $2,175,000 after buying an additional 7,755 shares during the period. Strengthening Families & Communities LLC acquired a new stake in shares of Honda Motor in the 3rd quarter worth about $89,000. Jones Financial Companies Lllp boosted its stake in Honda Motor by 66.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 12,026 shares of the company’s stock valued at $398,000 after purchasing an additional 4,808 shares during the last quarter. Summit Global Investments lifted its stake in Honda Motor by 59.8% during the 3rd quarter. Summit Global Investments now owns 20,195 shares of the company’s stock valued at $622,000 after acquiring an additional 7,558 shares in the last quarter. Finally, Ballentine Partners LLC lifted its position in shares of Honda Motor by 3.5% during the 3rd quarter. Ballentine Partners LLC now owns 14,936 shares of the company’s stock worth $460,000 after buying an additional 512 shares in the last quarter. 5.32% of the stock is currently owned by institutional investors and hedge funds.

Honda Motor Stock Performance

Shares of NYSE:HMC opened at $31.78 on Monday. Honda Motor Co., Ltd. has a 52 week low of $24.56 and a 52 week high of $34.89. The company has a quick ratio of 1.09, a current ratio of 1.36 and a debt-to-equity ratio of 0.65. The firm has a fifty day simple moving average of $30.51 and a two-hundred day simple moving average of $31.37. The stock has a market capitalization of $49.60 billion, a P/E ratio of 12.66, a PEG ratio of 2.64 and a beta of 0.37.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on HMC shares. Zacks Research upgraded shares of Honda Motor from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. Nomura upgraded shares of Honda Motor to a “strong-buy” rating in a research report on Tuesday, December 9th. Weiss Ratings restated a “hold (c)” rating on shares of Honda Motor in a research report on Monday, December 29th. Finally, BNP Paribas Exane initiated coverage on Honda Motor in a research report on Thursday. They issued an “underperform” rating and a $25.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Honda Motor currently has a consensus rating of “Hold” and a consensus target price of $25.00.

About Honda Motor

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.