AlphaCore Capital LLC grew its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC – Free Report) by 502.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,353 shares of the company’s stock after purchasing an additional 32,821 shares during the period. AlphaCore Capital LLC’s holdings in Honda Motor were worth $1,212,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. WealthCollab LLC lifted its stake in Honda Motor by 66.2% during the second quarter. WealthCollab LLC now owns 916 shares of the company’s stock valued at $26,000 after buying an additional 365 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of Honda Motor during the second quarter valued at approximately $29,000. NewSquare Capital LLC lifted its position in shares of Honda Motor by 99.8% in the 2nd quarter. NewSquare Capital LLC now owns 1,065 shares of the company’s stock valued at $31,000 after acquiring an additional 532 shares in the last quarter. Root Financial Partners LLC acquired a new position in Honda Motor in the 3rd quarter worth approximately $46,000. Finally, New Millennium Group LLC purchased a new position in Honda Motor during the 3rd quarter worth approximately $54,000. Hedge funds and other institutional investors own 5.32% of the company’s stock.
Analyst Ratings Changes
A number of analysts have recently issued reports on the company. Nomura upgraded Honda Motor to a “strong-buy” rating in a report on Tuesday, December 9th. BNP Paribas Exane began coverage on Honda Motor in a research report on Thursday, February 12th. They set an “underperform” rating and a $25.00 price objective for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Honda Motor in a report on Monday, December 29th. One investment 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. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $25.00.
Honda Motor Stock Down 0.1%
HMC opened at $30.10 on Friday. The firm has a market cap of $46.98 billion, a P/E ratio of 11.99, a price-to-earnings-growth ratio of 2.51 and a beta of 0.37. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.09 and a current ratio of 1.36. The business has a 50 day moving average price of $30.53 and a 200 day moving average price of $31.30. Honda Motor Co., Ltd. has a twelve month low of $24.56 and a twelve month high of $34.89.
Honda Motor (NYSE:HMC – Get Free Report) last released its quarterly 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. 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 for the quarter, compared to analyst estimates of $33.34 billion. Honda Motor has set its FY 2026 guidance at 1.462-1.462 EPS. Research analysts forecast that Honda Motor Co., Ltd. will post 3.99 EPS for the current year.
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.
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