Grantham Mayo Van Otterloo & Co. LLC lowered its position in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 15.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 787,461 shares of the company's stock after selling 147,373 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned about 0.05% of Honda Motor worth $24,254,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Fisher Asset Management LLC increased its position in Honda Motor by 2.0% during the third quarter. Fisher Asset Management LLC now owns 10,572,505 shares of the company's stock worth $325,633,000 after acquiring an additional 205,016 shares during the period. Mondrian Investment Partners LTD bought a new stake in Honda Motor in the 3rd quarter valued at about $136,637,000. Equity Investment Corp grew its position in shares of Honda Motor by 1.4% during the 3rd quarter. Equity Investment Corp now owns 2,274,239 shares of the company's stock worth $70,047,000 after purchasing an additional 30,712 shares in the last quarter. Brandes Investment Partners LP increased its holdings in shares of Honda Motor by 4.8% during the second quarter. Brandes Investment Partners LP now owns 847,314 shares of the company's stock worth $24,428,000 after purchasing an additional 38,690 shares during the period. Finally, American Century Companies Inc. increased its holdings in shares of Honda Motor by 18.6% during the third quarter. American Century Companies Inc. now owns 705,318 shares of the company's stock worth $21,724,000 after purchasing an additional 110,421 shares during the period. 5.32% of the stock is currently owned by institutional investors and hedge funds.
Honda Motor Price Performance
Shares of NYSE:HMC opened at $27.26 on Monday. The firm has a 50 day moving average of $30.34 and a 200-day moving average of $31.05. Honda Motor Co., Ltd. has a 12 month low of $24.56 and a 12 month high of $34.89. 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 stock has a market capitalization of $42.55 billion, a PE ratio of 10.86, a PEG ratio of 1.50 and a beta of 0.37.
Honda Motor (NYSE:HMC - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.24. The business had revenue of $34.65 billion for the quarter, compared to analyst estimates 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, equities research analysts predict that Honda Motor Co., Ltd. will post 3.99 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research firms have recently weighed in on HMC. BNP Paribas Exane initiated coverage on shares of Honda Motor in a research report on Thursday, February 12th. They issued an "underperform" rating and a $25.00 price target for the company. Weiss Ratings reissued a "hold (c)" rating on shares of Honda Motor in a research report on Monday, December 29th. Finally, Nomura upgraded Honda Motor to a "strong-buy" rating in a research note on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $25.00.
Check Out Our Latest Research Report on HMC
About Honda Motor
(
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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