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

Honda Motor logo with Auto/Tires/Trucks background
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Key Points

  • American Century Companies increased its stake in Honda by 18.6% during Q3, adding 110,421 shares to hold 705,318 shares worth about $21.7 million.
  • Honda beat quarterly expectations (EPS $0.76 vs. $0.52 and revenue $34.65B) and set FY2026 EPS guidance at 1.462, but analysts on average rate the stock a Hold with a $25 target while the shares trade around the high-$20s and carry a P/E of ~11.1.
  • Five stocks we like better than Honda Motor.

American Century Companies Inc. raised its holdings in Honda Motor Co., Ltd. (NYSE:HMC - Free Report) 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.

View Our Latest Analysis on Honda Motor

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 - Get Free Report) 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

(Free Report)

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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Want to see what other hedge funds are holding HMC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Honda Motor Co., Ltd. (NYSE:HMC - Free Report).

Institutional Ownership by Quarter for Honda Motor (NYSE:HMC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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